Kirkland Counsels WHP Global on Acquiring of Controlling Interest in Toys”R”Us

Kirkland & Ellis advised WHP Global, a leading brand acquisition and management firm based in New York, on its decision to acquire a controlling interest in Tru Kids Inc., parent company to the iconic Toys"R"Us® ("TRU"), Babies"R"Us®, Geoffrey® the Giraffe brands, and more than 20 established related consumer toy and baby brands. WHP is now a significant shareholder of TRU among a group of institutional investors that includes funds managed by Solus Alternative Asset Management and funds managed by the Private Equity Group of Ares Management Corp.  Going forward, WHP will manage the global TRU business and direct its strategic expansion.

Read WHP Global’s press release

The Kirkland team was led by transactional partners Hamed Meshki and Michele Cumpston; debt finance partners Dave Nemecek and Kristen Smith; and tax partners Mike Beinus and Josh McLane.