Kirkland & Ellis is advising global growth investor Warburg Pincus on a merger between foodservice disposables and sanitation (JanSan) products maker BradyIFS and Envoy Solutions, which is a distributor of JanSan products, foodservice disposables, and industrial packaging solutions. Warburg is making a strategic investment in the newly merged entity. BradyIFS is a portfolio company of Kelso. Envoy is a subsidiary of Fomento Económico Mexicano SAB de CV (FEMSA), which will maintain a significant minority share in the combined business after the merger. The merger is expected to close in the upcoming months.
The Kirkland team is led by corporate partners Jai Agrawal and Abhishek Kolay and associates Philippe Simard, Yash Nair and Kruthi Venkatesh; tax partners David Grenker and Vivek Ratnam; executive compensation partners Mike Krasnovsky and Jabir Yusoff; and antitrust & competition partners Marin Boney, Michael Thorpe and Matthew Sinclair-Thomson.