Kirkland Represents PurposeBuilt Brands on Sale of 48% Stake to Rock Mountain Capital and The Olayan Group
Kirkland & Ellis advised PurposeBuilt Brands, a portfolio of leading specialty cleaning products and a portfolio company of funds managed by global investment firm Carlyle (NASDAQ: CG) and TA Associates, on the sale of a 48% stake to a group led by Rock Mountain Capital and The Olayan Group. TA Associates, an investor since 2019, and company management are rolling 100% of their equity and will hold a 52% ownership stake.
Read the transaction press release
The Kirkland team was led by corporate partners Armand Della Monica and Payson Lyman and associates Ellie Senkarcin and Molly Boyd, tax partners Dean Shulman and Adam Kool, and debt finance partner Kathryn Leonard.