Press Release

Kirkland Advises FinServ Acquisition Corp. on Merger with Katapult Holding, Inc.

Kirkland & Ellis advised FinServ Acquisition Corp. (NASDAQ: FSRV) (“FinServ”), a special purpose acquisition company, on its definitive merger agreement with Katapult Holding, Inc. (“Katapult”), an e-commerce focused financial technology company. Upon closing of the transaction, the combined company will operate as Katapult and plans to trade on Nasdaq under the new symbol “KPLT”. The transaction reflects an implied pro forma combined enterprise value for Katapult of approximately $1 billion. The transaction is expected to close during the first half of 2021 and remains subject to customary closing conditions.

Read the Katapult and FinServ press release

The Kirkland team was led by transactional partners David Klein, Christian Nagler, Carlo Zenkner and Brooks Antweil, and included transactional associates Stella Lee and Shachar Nir, executive compensation partner Mike Krasnovsky and associate Laura Gallo, debt finance partner Jason Kanner, asset finance & securitization partner Sara Whyte and associate Tyler Bartholome, technology & IP transactions partner Seth Traxler and associate Matt Darch, and tax partners Dean Shulman and Tara Rhoades.