Press Release

Kirkland Represents Unifrax on $1.3 Billion Acquisition of Lydall

Kirkland & Ellis advised Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, specialty filtration, battery materials, emission control and fire protection applications backed by Clearlake Capital Group, on its acquisition of Lydall, Inc. (NYSE: LDL), a leader in the design and production of specialty filtration materials and advanced material solutions, for an enterprise value of approximately $1.3 billion. The transaction is expected to close in the second half of 2021 and is subject to customary closing conditions.

Read the transaction press release  

The Kirkland team was led by corporate partners Luke Guerra, David Klein and Aisha Lavinier and associate Latif Alashe.