Kirkland & Ellis LLP advised CEB (NYSE: CEB), a best practice insight and technology company, which announced today that it will acquire Evanta Ventures, Inc. and an affiliated business, which are owned primarily by Leeds Equity Partners, LLC, for total cash consideration of $275 million, subject to customary post-closing adjustments. More information on the transaction is available here.
The Kirkland team included corporate partners Mark Director and Brendan Reed and associate Justin Roland, debt finance partner Ashley Gregory and associate Lindsay Thomas, tax partner Thomas Evans and associate Alison Skaife, intellectual property partner Lisa Samenfeld and associate Zara Ohiorhenuan, executive compensation partner Michael Krasnovsky and associate Ashley McCarthy, antitrust and competition partner Bilal Sayyed, employee benefits partner Matthew Antinossi.
Centerview Partners LLC is acting as CEB's financial advisor. BofA Merrill Lynch, HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A. and SunTrust Bank are providing committed debt financing for the transaction. The Jordan, Edmiston Group, Inc. is acting as Evanta's financial advisor. Goodwin Procter LLP is acting as Evanta's legal advisor.