Press Release

Kirkland Represents MidOcean on Sale of Penton to Informa

Kirkland & Ellis LLP is advising MidOcean Partners and Penton, a portfolio company of MidOcean and Wasserstein & Co, on the sale of Penton to global publishing and events company Informa plc (LSE: INF) for a consideration of approximately US$1.56 billion. Penton is a New York-based professional information services company, which as a result of its focused targeting of growth opportunities, has evolved into the largest independent integrated exhibitions and professional information services business in the United States. The transaction, which is subject to shareholder approval and customary regulatory and closing conditions, is expected to close in the fourth quarter of 2016. The full release is available here.

The Kirkland team, based in the United States and UK, is led by corporate partners Mark Director, Andrew Herman, Christopher Field and associate Meredith Klionsky, and tax partner Thomas Evans. Also working on the transaction were executive compensation partner Michael Krasnovsky and associate Ashley McCarthy, employee benefits partner Matthew Antinossi, antitrust partner Paula Riedel, corporate associates Tom Bartram, Megan Sweeney and Cillian Moynihan, tax partner Jane Scobie and associate Alison Skaife.