Kirkland Advises Levine Leichtman Capital Partners on Sale of Hand & Stone
Kirkland & Ellis advised Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, on the sale of its portfolio company Hand & Stone Massage and Facial Spa (Hand & Stone) to funds managed by Harvest Partners, LP. Financial terms of the transaction were not disclosed. Hand & Stone is a leading franchisor and operator of spas offering affordable, convenient, and professional massage, skincare and health and wellness services.
The Kirkland team was led by corporate partners Brett Nelson, Kevin Mausert and Shelly Hirschtritt and associates Michael Chung and Will Pretto, tax partners Rachel Cantor and Polina Liberman and associate Michael Alcan, debt finance partner Katie Taylor and associates Christian Rivas and Jose Barragan-Monge, technology & IP transactions partner Neil Hirshman and associate Imani Lee, employment and labor partner Risa Salins and associates Jackson Phinney and Paul Vasiloff, employee benefits partner Alexandra Mihalas and associate Mackenzie Packard, executive compensation partner Jack Stratton and associate Daniel Rios, real estate partner Roberto Miceli and associate Daniel Egel-Weiss, environmental transactions partner Sara Michaelchuck Webber and associate Matt Swanson, international trade and national security partner Luci Hague and associate Anais Bourbon, and antitrust partner Matthew Wheatley and associate Jacqueline Purmort-LaBue.