Kirkland Counsels Haymaker on $404 Million Deal with Kimbell Royalty Partners

Kirkland & Ellis LLP advised Haymaker Resources, which owns mineral and royalty interests in the U.S., and its sponsor KKR on a definitive agreement to be acquired by Kimbell Royalty Partners (NYSE: KRP) in a transaction valued at approximately $404 million taken together with a simultaneous sale of Haymaker Minerals and Royalties LLC (which is owned by Haymaker and other investors). The transaction will be financed with a mix of cash and KRP units. The full release is available here.

The Kirkland team was led by corporate partners John Pitts, David Castro and Cy Jones and associates Leon Johnson and Rob Goodin; debt finance partner Lucas Spivey; and capital markets partner Matt Pacey and associate Ryan Guerrero.