Kirkland Advises Blackstone on Investment in Combination of APi Group Corp. and Chubb Fire & Security Business
Kirkland & Ellis advised Blackstone on a combined $800 million investment in perpetual preferred equity, along with Viking Global Investors, in the combination of APi Group Corporation (NYSE: APG) with the Chubb Fire & Security Business (“Chubb”) for an enterprise value of $3.1 billion.
The Kirkland team was led by corporate partners Peter Martelli, David Perechocky and David Higgins and associate Jimin He, and capital markets partner Joshua Korff and associate Alborz Tolou.