Kirkland Advises Providence Equity Partners on Exclusive Negotiations to Sell La Centrale

Kirkland & Ellis is advising Providence Equity Partners as it enters into exclusive negotiations to sell La Centrale group, France’s leading auto classifieds platform, to OLX Group, a global online classifieds leader wholly-owned by Prosus. The all-cash transaction values La Centrale at €1.1 billion. Closing is expected by year-end, subject to a customary employee consultation process.

Read Providence’s press release

The Kirkland team includes corporate lawyers Vincent Ponsonnaille, Emmanuel Enrici and François Capoul; and tax lawyer Nadine Gelli.