Kirkland & Ellis LLP advised ABRY Partners and its portfolio company Language Line Solutions LLC on its sale to Teleperformance for $1.52 billion. Language Line Solutions is the US market leader in over-the-phone and video interpretation services to large institutions and small and medium business in the healthcare, insurance, financial services and government sectors. Teleperformance is the worldwide leader in outsourced omnichannel customer experience management. The transaction is expected to close before year end, subject to receipt of certain regulatory approvals and other customary closing conditions. The full release is available here.
The Kirkland team was led by corporate partners Armand Della Monica and Laura Sullivan and associates Keri Schick Norton and Jennifer Basch. Also working on the transaction were tax partner Vincent Thorn and debt finance partner Ashley Gregory.