Press Release

Kirkland Advises Oaktree Capital Portfolio Company J&J Ventures on Acquisition of Illinois Gaming Systems

Kirkland & Ellis represented J&J Ventures Gaming LLC, an Illinois-based video gaming terminal operator, on its acquisition of Illinois Gaming Systems LLC, another video gaming terminal operator. With this acquisition, J&J will serve nearly 3,300 gaming and amusement locations in Illinois, making it one of the largest operators in the state. The transaction closed on April 26, 2021. Kirkland previously advised Oaktree Capital Management’s Special Situations Group on its investment in J&J in 2019, and in J&J’s acquisition of Awesome Hand Services LLC in 2020.

Read the J&J press release

The team was led by corporate partners Hamed Meshki and Michele Cumpston and associate Anum Chaudhry, debt finance partners Dave Nemecek and Katrina Levy and associates Christopher Raidy and Noah Zimmerman, tax partners Mike Beinus and Josh McLane and associate Michael Alcan, technology & IP transactions partner Matt Lovell, environmental transactions partner Stefanie Gitler and associate Michelle Sliwinski, real estate partner Rob Miceli and associate Daniel Egel-Weiss, executive compensation partner Rohit Nafday and associate Daniel Rios, employee benefits partner Matt Antinossi and associate Jack Amaro, labor and employment partner R.D. Kohut, of counsel Eva Podaras and associate Alexis Grinstead, and international trade and national security partner Mario Mancuso and associate Matt O’Hare.