Press Release

Kirkland Represents Cardenas Markets and KKR on Sale to Apollo

Kirkland & Ellis advised Cardenas Markets, a leading grocery retailer focused on serving the Hispanic community, and investment funds affiliated with KKR, a leading global investment firm, on the sale of Cardenas Markets to Apollo (NYSE: APO). The transaction is subject to customary closing conditions and is expected to be completed by Q3 2022. Financial terms of the transaction were not disclosed.

Read the transaction press release 

The Kirkland team was led by corporate partner Ravi Agarwal and associates Jimin He, Oliver Yee and Deborah Kotkin with assistance from partner Sean Rodgers, tax partners Benjamin Schreiner and Adam Kool, and debt finance partners Eric Wedel and Matthew Leist.