Kirkland & Ellis advised Bain Capital Private Equity in its acquisition announced today of a majority stake in LeanTaas Holdings, Inc., a leading provider of cloud software solutions for optimizing hospital operations and capacity management. The transaction includes a significant growth capital commitment from Bain Capital that will enable LeanTaaS to continue to accelerate its rapid growth trajectory and innovative market-leading suite of cloud software solutions. Existing investors Insight Partners and the Growth Equity business within Goldman Sachs Asset Management will each retain a minority stake in the company, which will continue to be led by its current management team, including Founder and CEO Mohan Giridharadas. Financial terms of the private transaction were not disclosed.
The Kirkland team was led by corporate partners Chris Elder and Matthew O’Brien, and associates Ziyad Ziyadzade, Benjamin Vizvary and Jonathan Slack; debt finance partners Eric Wedel and Matthew Leist; tax partners Gregory Gallagher and Meg Dewar; and executive compensation partner Scott Price and associate Deidre Kalenderian.