Kirkland & Ellis LLP represented HGGC, a leading middle market private equity firm, which today announced its definitive agreement to acquire RPX Corporation (NASDAQ: RPXC), the leading provider of patent risk and discovery management solutions, in an all-cash transaction valued at approximately $555 million. Under the terms of the agreement, HGGC will initiate a tender offer for RPX shares at a price of $10.50 per share in cash. The transaction is expected to close in the second or third quarter of 2018, subject to customary closing conditions and regulatory approvals. More information is available in RPX’s press release.
The Kirkland team included corporate partners Joshua Zachariah, Joseph Halloum, Travis Nelson, Marc Browning, Rodin Hai-Jew and Anjna Mehta, and debt finance partner Sonali Jindal.