Kirkland & Ellis LLP advised TPG Capital, the global private equity platform of alternative asset firm TPG, on its acquisition of Transplace, the leading provider of transportation management and other third-party logistics services, from Greenbriar Equity Group, a private equity firm that focuses exclusively on the global transportation industry. The financial terms of the transaction were not disclosed. The transaction is expected to close in September 2017 and is subject to customary closing conditions, including regulatory approvals. The full press release is available here.
The Kirkland team was led by corporate partner Michael Weisser and associate Megan Spelman; debt finance partners Jason Kanner and Andrew Sagor and associate Michael Cerankowski; and tax partner Michael Beinus.