Kirkland represented Tailwater Capital in connection with its acquisition of a significant interest in Continuus Materials. Tailwater is jointly acquiring Continuus with Waste Management (NYSE: WM) through a newly formed joint venture controlled by Waste Management and Tailwater. Continuus is a waste-to-product business that transforms discarded plastic and fiber material into valuable engineered building products. Among other products, Continuus manufactures Everboard, a commercial roofing material made of paper and plastic diverted from disposal.
The Kirkland team was led by corporate partners Kevin Crews and Tony Johnston and associate Jessica Berkowitz; debt finance partners Lucas Spivey and Arthur Lotz and associates James Kelly and Jina Chung; capital markets partner Julian Seiguer and associate Logan Weissler; derivatives partner Jaime Madell; asset finance and securitization partner Joel Weinberger; tax partners David Wheat and Lane Morgan and associate Nicole Martin; and executive compensation partner Stephen Jacobson and associate Karsten Busby.