Kirkland & Ellis LLP advised Staples Inc., the world's largest office solutions provider, on its acquisition of Essendant Inc. (NASDAQ: ESND), a leading national distributor of workplace items, for $996 million including net debt. The transaction is expected to close in the fourth quarter of 2018. More information is available at the client's press release.
The Kirkland team was led by corporate partners Sean Rodgers, Laura Sullivan and Patrick Jacobs with support from corporate partners Mike Shoaib and Shaun Mathew. Financing partner Jud Oswald and tax partners Roger Lucas and Jeffery Ekeberg also played lead roles on the deal.