Kirkland & Ellis LLP advised Vista Equity Partners, a leading investment firm, on its acquisition of The Advisory Board Company's education business, EAB, a best practices firm that improves the performance of more than 1,200 educational institutions, for $1.55 billion. The Advisory Board Company is a major provider of research, technology and consulting to healthcare organizations and education institutions. The transaction is expected to close by early 2018 and is subject to certain closing conditions including U.S. antitrust clearance. The full press release is available here.
The Kirkland team was led by corporate partners Stuart Casillas, Christopher Harding, Daniel Wolf and Joshua Zachariah.