Kirkland & Ellis advised private equity firm Thompson Street Capital Partners on a strategic minority investment in its business by funds managed by Wafra Inc. Thompson Street is a leading middle-market private equity firm based in St. Louis focused on investing in founder-led businesses in the healthcare, technology and business and consumer services sectors. Wafra is a global alternative asset manager with approximately $33 billion of assets under management. Wafra’s minority investment will support the scaling of the Thompson Street platform and the achievement of key strategic initiatives. Thompson Street’s investment processes, management and day-to-day operations will not be affected by this transaction.
The Kirkland team was led by investment funds partner John Berger and included corporate and investment funds partners Michael Reeves, Daniel Lavon-Krein, John Muno and Noah Mullin and associates Sarah Yang and Casey Prusher, tax partners Dan Meehan and Mike Conroy and associate Chris Worek, capital markets partner Julia Danforth and associate Sarah Byrd, investment funds regulatory partner Nick Hemmingsen and associate Danielle Sartain, and international trade & national security partners Mario Mancuso and Luci Hague and associate Chad Crowell.