Kirkland & Ellis advised New Mountain Capital, LLC (New Mountain), a growth-oriented investment firm that currently manages over $30 billion in assets, on its sale of Careismatic Brands, Inc. (CBI) to Partners Group, a global private markets investment manager acting on behalf of its clients. New Mountain acquired majority control of CBI in June 2016. CBI is a leading global healthcare and wellness platform delivering innovative products and solutions to millions of consumers worldwide. Financial terms of the transaction were not disclosed.
The Kirkland team was led by transactional partners Joshua Kogan and Erika López and associates Keli Huang, Yoana Setzer and Jay Pak; tax partners Sara Zablotney and Vivek Ratnam and associate Simon Kwong; debt finance partners Melissa Hutson and Mark Adler and associate Oliver Schauman; real estate partner Roberto Miceli and associate Eric Zhi; environmental transactions partner Jonathan Kidwell and associate Donna Ni; technology & IP transactions partner Matthew Lovell and associate Christina Chen; executive compensation partners Michael Krasnovsky and Ian Sherwin and associates Brian Valcarce and Alex Freund; employment & labor partner R.D. Kohut and associates Jaclyn Schruhl and Anusheh Khoshsima; employee benefits partners Alexandra Mihalas and Adria Crowe; international trade partner Meghan Dolan; antitrust & competition partner Michael Thorpe and of counsel Donna Alberts Peel; and M&A clearance director Kurt Wunderlich.