Kirkland Advises Riggs Distler on Decision to be Sold to Centuri for $855 Million

Kirkland & Ellis counseled Riggs Distler & Company, Inc. and its affiliates on its decision to be sold to Southwest Gas Holdings, Inc.’s (NYSE: SWX) wholly-owned subsidiary, Centuri Group, Inc. Under the terms of the transaction, Centuri will acquire a 100 percent ownership interest in Riggs Distler for $855 million in cash subject to customary adjustments, including working capital. The all-cash purchase is expected to be fully funded by new Centuri debt.

Read Southwest Gas Holdings’ press release

The Kirkland team was led by corporate partners Hamed Meshki and Karen Flanagan and associate Onnolee Keland; and tax partners Mike Beinus and Josh McLane and associate Michael Thaxter.