Kirkland & Ellis LLP advised Bruckmann, Rosser, Sherrill & Co. LLC and Palladin Consumer Retail Partners on the sale of InMotion, the largest airport-based digital accessories retailer in North America, to WH Smith PLC (LSE: SMWH) for $198 million. Following the transaction WH Smith will benefit from InMotion’s existing infrastructure and business development capabilities, to support the launch and growth of WH Smith’s airport format in North America. The transaction is subject to customary closing conditions including US regulatory approvals and is expected to complete before the end of calendar year 2018. The full press release is available here.
The Kirkland team was led by corporate partners Leo Greenberg and Adi Herman and associates Patrick Rowe and Guirgis Nasief; tax partner David Grenker; debt finance partners Eric Wedel and Suhan Shim; and real estate partner Jennifer Sheehan.