Kirkland Advises Ares on £400M Preferred Equity Investment in McLaren Group

Kirkland & Ellis advised Ares Management Corporation (“Ares”) on the investment, alongside Public Investment Fund (“PIF”), of £400 million in McLaren Group Limited in the form of Preference Shares and equity Warrants. The transaction supports the company’s growth plans as a global luxury supercar and elite motorsport business and allows for the right-sizing of company’s capital structure.

McLaren Group is a British-based, globally renowned luxury automotive, motorsport and technology company. The McLaren Group has more than 3,000 employees and is globally headquartered at the iconic McLaren Technology Centre in Woking, Surrey, England.

The Kirkland team was led out of London by corporate partners Matthew Elliott and Jacob Traff and out of the United States by debt finance partners Dave Nemecek and Tom Dobleman. The team also consisted of capital markets partners Pippa Bond and Matthew Merkle.