Press Release

Kirkland Advises Bain on Sale of Brakes Group to Sysco

Kirkland & Ellis represented Bain Capital on the financing aspects of its sale of Brakes Group, the London-based food supplier, to North American marketer and distributor of foodservice products Sysco for approximately US$3.1billion. The deal closed on July 5, 2016. To read more about the transaction, please click here.

The Kirkland team was led by finance partners Neel Sachdev and Christopher Shield, capital markets partner Matthew Merkle and tax partner Dulcie Daly.

Kirkland acted for Bain on its GBP1.4 billion leveraged buyout of Brakes from Clayton, Dubliner & Rice Inc in 2007 and has subsequently advised the portfolio company on its acquisition of the Davigel Group, its joint venture with Fresh Direct and a number of refinancings.