Kirkland & Ellis LLP advised 3i Group plc (“3i”), a leading international investment manager, on its investment in Cirtec Medical (“Cirtec”), a leading provider of outsourced medical device design, engineering and manufacturing, for c.$136 million. 3i will invest alongside management. Cirtec operates three facilities across the United States and has over 400 employees. The full press release is available here.
The Kirkland team was led by corporate partners Christopher Torrente and Adi Herman and associates Laura Umbrecht, Erika Lopez and Eduardo Leal; and debt finance partner Ashley Gregory and associates Sara Darragh and East Berhane.