Kirkland Advises TPG on Financing for Acquisition of Blackstone-Backed Sabre
Kirkland & Ellis advised TPG on the financing for its acquisition of a majority stake in Sabre Industries, Inc., a provider of engineered critical infrastructure solutions for power utilities, telecom companies and data centers, from Blackstone. TPG will make the investment through TPG Rise Climate, the firm’s dedicated climate investing platform. Funds managed by Blackstone Energy Transition Partners, which first invested in Sabre in 2021, will retain a significant minority stake and continue Blackstone’s partnership with the company. The deal, which was announced February 6, 2026, is expected to close by Q2 2026, subject to customary approvals and closing conditions.
Read the transaction press release
The team included debt finance lawyers Scott Rolnik, Lauren Nickoloff, Shelby Lindholm and Emily Barber; structured finance lawyers Michael Urschel and Brandon Karas; and tax lawyer Jared Rusman.
