Kirkland & Ellis counsels TPG Rise, a global impact investing platform managed by TPG, on $300 million investment in Little Leaf Farms. TPG led the equity investment alongside debt financing from Bank of America. Little Leaf is the United States’ No. 1 brand of packaged lettuce sustainably grown through controlled environmental agriculture (CEA). The new capital will support aggressive growth and expansion of farms and distribution, making Little Leaf’s local lettuces accessible to more than half of the country’s population by 2026.
The Kirkland team was led by corporate partner Kevin Crews and associates Jacqueline Scioli, Thomas Matteson and Sam Roberts; tax partners David Wheat and Joe Tobias; capital markets partner Julian Seiguer; environmental transactions partner Jim Dolphin and associate Courtney Tibbetts; energy regulatory partner Brooksany Barrowes and associate Cassidy Hall; labor and employment partner Christie Alcala; employee benefits partner Maureen O’Brien; executive compensation partner Stephen Jacobson and associate Karsten Busby; and real estate partner John Goldman.