Kirkland & Ellis advised funds affiliated with Madison Dearborn Partners, LLC (“MDP”), a leading private equity investment firm based in Chicago, on its strategic majority investment in Unison, a leading provider of procurement, supply chain, and contract management software to U.S. federal government agencies and government contractors. As part of the transaction, funds managed by global investment firm Carlyle (NASDAQ: CG) will sell its majority stake to MDP, while remaining a strategic partner as a minority investor. MDP joins existing investors, Carlyle and Unison management, to provide additional resources and industry expertise to help Unison continue to enhance its innovative software offerings and growth trajectory. Financial terms were not disclosed. The transaction is anticipated to close in the third quarter of 2022.
The Kirkland team was led by corporate partners Rick Campbell and Kyle Elder and associate Eric Sweigard, debt finance partner Michelle Kilkenney and associate Matthew Kita, and tax partners Rachel Cantor and Christine Lehman.