Kirkland & Ellis advised funds advised by Apax, a leading global private equity advisory firm, on the acquisition of SavATree, a leading, professional tree, shrub and lawn care provider, from CI Capital Partners. Terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and is expected to close in Q4 2021.
The Kirkland team was led by corporate partner Sri Kaushik and associates Adarsh Varghese and Adam Holzschuh. The team also included corporate partners Adam Clifford and Maggie Flores and associates Paul Fife and Sagun Poudyal, tax partners Sara Zablotney and Adam Kool and associate Charles Roarty, and debt finance partners Jay Ptashek and Andrew Idrizovic.