Press Release

Kirkland Advises KKR and Atlantic Aviation on Combination with Ross Aviation

Kirkland & Ellis counseled KKR and Atlantic Aviation on the combination of Atlantic Aviation and Ross Aviation to create a leading aviation infrastructure platform with one of the largest networks of fixed base operations (FBO) in North America. Upon closing, the combined company will operate as Atlantic Aviation. KKR will be the majority shareholder in the combined company and an affiliate of KSL Capital Partners, LLC, Ross Aviation’s principal shareholder, will join KKR as a significant minority investor in the company.
 
Read Atlantic Aviation’s press release
 
The Kirkland team was led by corporate partners John Pitts and Emily Lichtenheld and associates Fern Langa and Monica Dion; tax partner David Wheat and associate Ryan Phelps; antitrust partner Carla Hine; investment funds partners Michael Belsley and Matt Nadworny; and debt finance partners Lucas Spivey and Jordan Roberts and associate Osaro Aifuwa.
 
In the last three weeks, Kirkland’s energy and infrastructure practice has led four deals (including this one) that total almost $20 billion: 
•    Kirkland Advises Acquiring Consortium and KKR on Decision to Acquire CyrusOne for $15 Billion (Led by Andy Calder, John Pitts and Melissa Kalka)
•    Kirkland Advises GEP Haynesville on Sale to Southwestern Energy for $1.85 Billion (Led by Andy Calder and John Pitts)
•    Kirkland Counsels KKR Infrastructure on $1.9 Billion Acquisition of Clearway Energy’s Thermal Business (Led by John Pitts and Melissa Kalka)