Kirkland & Ellis LLP represented Epiq Systems, Inc. (NASDAQ:EPIQ), which announced today that it has entered into a definitive agreement to be acquired by OMERS Private Equity, the private equity arm of the OMERS pension plan, and funds managed by Harvest Partners, LP, a leading middle-market private equity fund, for $16.50 per share in cash. The transaction has a total value of approximately $1.0 billion including assumed debt obligations. The Epiq board of directors unanimously approved the transaction and recommends that Epiq shareholders vote in favor of the transaction. The proposed transaction is expected to close in the fourth quarter of 2016, subject to customary closing conditions including receipt of shareholder and regulatory approvals. Epiq is a leading global provider of integrated technology and services for the legal profession. Read more about the transaction here.
The Kirkland team included corporate partners Richard Porter, Robert Hayward and Ana Sempertegui, and associates Maggie Flores, Patrick Cronin and Alexander Schwartz.