Kirkland & Ellis International LLP represented funds advised by BC Partners on its definitive agreement to acquire majority ownership of United Group, the leading media and communication services provider across South East Europe, from KKR. KKR will retain a substantial minority stake. Financial terms of the transaction were not disclosed, and the transaction is subject to relevant regulatory approvals. More information on the transaction is available in the press release from BC Partners and KKR.
The Kirkland team was led by London corporate partners David Higgins, Stuart Boyd and David D’Souza and corporate associates Annette Baillie, Sam Whittaker, Jessica Liang, Kathryn Alexander and Rachel O’Neill, debt finance partners Neel Sachdev, Matthew Merkle, Daniel Borg and Shawn Anderson and associates Kanesh Balasubramaniam, Harry Briffitt and Luke Newling, antitrust partner Paula Riedel and associate Shane Cranley, and tax partner Tim Lowe and associate Dragana Cvejic.