Kirkland Advises Hello Sunshine on Majority Investment from Media Company Backed by Kevin Mayer, Tom Staggs, and Blackstone

Kirkland & Ellis counseled Hello Sunshine, the mission-driven media company that puts women at the center of every story it creates, founded by Reese Witherspoon in 2016, which agreed to a majority investment from a newly formed company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by Blackstone, a leading global investment business. Reese Witherspoon and Hello Sunshine’s existing senior management team, led by CEO Sarah Harden, will continue to oversee Hello Sunshine’s day-to-day operations and remain significant equity holders in the business. Under the terms of the agreement, Witherspoon and Harden will join the new media company’s board.

Read Blackstone’s press release

The Kirkland team was led by corporate partners Rick Madden and Monica Shilling and associates Anum Chaudhry and Alex Blaznik, tax partner Anne Kim, executive compensation partner Jack Stratton, and technology & IP transactions partner Seth Traxler.