Kirkland & Ellis is acting as international co-counsel and sole debt financing counsel to an investor consortium in the proposed take private of 51job, Inc. (NASDAQ: JOBS), a leading provider of integrated human resource services in China, at a valuation of approximately $5.7 billion. The investor consortium includes DCP Capital Partners II, L.P., Ocean Link Partners Limited, and Mr. Rick Yan, the Chief Executive Officer of 51job. Recruit Holdings Co., Ltd., the largest shareholder of 51job, is also participating in the transaction with the investor consortium.
Read the 51job press release
The Kirkland team is being led by transactional partner Daniel Dusek and debt finance partner Jacqueline Zheng and included transactional partner Joseph Raymond Casey, registered foreign lawyer Min Lu, legal consultant Elaine Xu, and debt finance associates Sean Zhang and Magdalene Lu.