Kirkland & Ellis LLP advised L Catterton, the largest consumer-focused private equity firm in the world, on its agreement to acquire Leslie’s Holdings, Inc. (“Leslie’s”), the world’s largest retailer and online marketer of swimming pool and spa supplies and services. An affiliate of GIC, a leading global investment firm and Singapore’s sovereign wealth fund, will also make a substantial investment alongside L Catterton. The terms of the transaction were not disclosed. The full release is available here.
The Kirkland team was led by corporate partners Joshua Kogan, Eunu Chun and Andrew Arons; and debt financing partners Jason Kanner and Kathryn Leonard.