Kirkland Represents Gemspring Capital on Acquisition of Goodyear Chemical

Kirkland & Ellis advised middle-market private equity firm Gemspring Capital Management, LLC on its entry into a definitive agreement to acquire The Goodyear Tire & Rubber Company's polymer chemicals business. The acquisition includes two operating plants located in Houston and Beaumont, Texas, and a research and development facility located in Akron, Ohio. Goodyear will retain its Chemical facilities in Niagara Falls, New York, and Bayport, Texas, and its rights to the products produced at such facilities. The transaction was announced May 22, 2025.

Read the transaction press release

The Kirkland team was led by corporate lawyers Michael Sartor, Dan Vaczy, Halley Peterson and Luv Karia; debt finance lawyers Jason Serlenga and Brittany Taylor; tax lawyer Vin Thorn; and technology & IP transactions lawyers Matt Lovell, Seth Pritchard, Martin Schwertmann and David Yaka.