Kirkland Advises Oakley Capital on Financing for Investments in Phenna Group and CTS Group in Transactions Valued at over £1 Billion
Kirkland & Ellis is advising Oakley Capital on the financing for the investment in Phenna Group, a testing, inspection, certification, and compliance (TICC) specialist platform, in a transaction valuing the company at more than £1 billion.
Kirkland is also advising Oakley Capital on the financing of the acquisition of CTS Group (“CTS”), a leading provider of testing and inspection services in the U.K., focused on the infrastructure market. CTS will become part of Phenna Group upon completion of both transactions.
Read Oakley Capital’s press release
The Kirkland team was led by debt finance partners Neel Sachdev and Kanesh Balasubramaniam and associates Sandipan De and James Lee; and tax partners Peter Abbott and Gal Shemer and associates Rohit Pisal and Rikesh Gandhi.