Kirkland Advises Paine Schwartz Partners on $150 Million Strategic Equity Investment in AgroFresh Solutions

Kirkland & Ellis advised Paine Schwartz Partners, LLC (“Paine Schwartz”), a leading private equity firm focused exclusively on sustainable food chain investing, on its $150 million convertible preferred stock investment in AgroFresh Solutions, Inc. (“AgroFresh”), a global leader in produce freshness solutions. The investment is subject to customary closing conditions, including the receipt of required regulatory approvals, and is contingent upon the successful refinancing of AgroFresh’s senior secured credit facility. AgroFresh currently anticipates closing the Paine Schwartz investment and the refinancing of its senior secured credit facility early in the third quarter of 2020.

Read more in the company press release from AgroFresh

The Kirkland team was led by transactional partners Peter Stach and Maggie Flores and associates Brett Nelson and Bridget Tully-Vrabel, and included transactional partners Corey Fox and Ross Leff.