Kirkland Advises Rockwood Capital on Investment from Colliers

Kirkland & Ellis advised Rockwood Capital, a leading US real estate investment management firm with more than $12 billion of assets under management, on its definitive agreement with Colliers (NASDAQ and TSX: CIGI) pursuant to which Colliers will acquire a 65% stake in Rockwood, with the balance of the equity retained by Rockwood’s senior leadership team who will continue to lead the business under the “perpetual partnership” model with Colliers, providing long-term stability and orderly succession. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2022. Financial terms of the transaction were not disclosed.

Read the transaction press release

The Kirkland team was led by investment funds partner Jordan Murray and transactional partner Michael Reeves and associate Tarah Perkins and included tax partner Stephen Butler.