Kirkland & Ellis advised Bain Capital Private Equity on its agreement to acquire PartsSource, a leading online marketplace for medical equipment maintenance parts and services. The investment will help PartsSource continue to accelerate its growth trajectory, broaden its solutions portfolio, and expand its marketplace platform. Financial terms of the private purchase from PartsSource’s current owner, Great Hill Partners, were not disclosed. The transaction is expected to close in the third quarter, subject to regulatory approval and customary closing conditions.
The Kirkland team was led by by corporate partner Matthew O’Brien and associate Ziyad Ziyadzade, along with corporate partner Chris Elder and associates Frankie Gregg and Jerome Hughes, and debt finance partners Melissa Hutson and Yuli Wang and associate Timothy Conor Hughes.