Kirkland & Ellis advised affiliates of Clayton, Dubilier & Rice and KKR on the acquisition of Cloudera, (NYSE: CLDR), the enterprise data cloud company, in an all cash transaction valued at approximately $5.3 billion. The transaction will result in Cloudera becoming a private company. The deal is subject to customary closing conditions and is expected to close in the second half of 2021.
Read the Cloudera press release
The Kirkland team was led by corporate partners David Klein, Richard Campbell, Leo Greenberg, Kevin Mausert, Chelsea Darnell, Tushin Shah and Lukas Richards, and debt finance partners Eric Wedel and Ben Steadman.