Kirkland Advises Blackstone on Investment in Databricks
Kirkland & Ellis advised Blackstone on its participation in a Series L investment in Databricks, the Data and AI company. Databricks announced on December 16, 2025 that it had raised more than $4 billion in the investment, valuing the company at $134 billion. The round was led by Insight Partners, Fidelity Management & Research Company, and J.P. Morgan Asset Management. This new investment builds on Databricks' accelerating financial results and underscores the company's vision to make data and AI accessible to all organizations.
Read the transaction press release
The Kirkland team included corporate lawyers Chris Burwell, Peter Martelli, Emily Hong and Siddharth Rai; tax lawyers Mike Beinus and Vivek Ratnam; and technology & IP transactions lawyer Shellie Freedman.
