Kirkland Advises Zebra Technologies on $1.3 Billion Acquisition of Elo

Kirkland & Ellis advised Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in digitizing and automating frontline workflows, on a definitive agreement to acquire Elo Touch Solutions, Inc., an innovator of solutions that engage customers, enhance self-service, and accelerate automation across retail, hospitality, quick service restaurants, healthcare, and industrial markets for $1.3 billion in cash. The transaction is subject to customary closing conditions, including regulatory approval and is expected to close in 2025. The acquisition was announced August 5, 2025.

Read the transaction press release

The Kirkland team included corporate lawyers Laura Sullivan, Alix Simnock and Kevin Akrong; tax lawyer Adam Kool; antitrust & competition lawyers Daniel Zach and Chuck Boyars; international trade & national security lawyers John Kabealo and Chad Crowell; and capital markets lawyers Sophia Hudson and Sharon Freiman.