Kirkland & Ellis LLP advised the Power Opportunities Group of Oaktree Capital Management, L.P. in its investment in Sterling Lumber Co., one of the country’s largest providers of timber mats and ground protection solutions to energy, power, and infrastructure end markets. Oaktree has partnered with the Sterling family and management team to provide capital and strategic support to expand the Company’s abilities to serve both existing and new customers. Terms of the investment were not disclosed. The full release is available here.
The Kirkland team included corporate partner Hamed Meshki and associates Bryan Ikegami, Michele Cumpston, Dilveer Vahali and Paige Scheckla; debt finance partner Brian Ford and associates Allison Gott and Barzin Pakandam; tax partner Russell Light and associate John Crisp; employee benefits partner Melissa Grim and associate Scott Metzger; labor and employment partner Matthew Keiser, of counsel John Irving and associates Evangelia Podaras and Michael Schulman; environmental transactions partner Paul Tanaka and associate Aaron Newell; real estate partner Roberto Miceli and associates Dustin Paige and Hannah Ehrenberg; technology and intellectual property transactions partner Matthew Lovell and associate Kyle Barnett; government contracts partner Boyd Greene; international trade partner Mario Mancuso, of counsel Sanjay Mullick and associate Ariel Lieberman; and litigation partners Michael Thorpe and Sally Southwell and of counsel Mike Robert-Smith.