Kirkland & Ellis advised Lincolnshire Management Inc., a private equity firm focused on investing in and acquiring growing middle market companies across an array of industries, on its investment in Powerhouse Retail Services, LLC as well as in two complementary, outsourced business services companies, creating a leading national platform company providing refresh, remodel and facilities maintenance services to a roster of blue-chip customers nationwide. The combined company will be an asset light provider of these services for large scale, multi-site projects. Financial terms of the transaction were not disclosed.
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The Kirkland team was led by transactional partners Sri Kaushik and Adi Herman and associates Sola Paterson-Marke and Carl Witkin; and debt finance partner Duncan McKay.