Kirkland Advises Harvest Partners and MAI Capital Management on Sale of Majority Stake in MAI to Carlyle

Kirkland & Ellis advised Harvest Partners, LP and MAI Capital Management (MAI), a registered investment advisor focused on empowering clients to simplify, protect and grow their wealth, in an agreement whereby a majority stake in MAI will be acquired by funds managed by global investment firm Carlyle (NASDAQ: CG), valuing MAI at more than $2.8 billion. Carlyle initially invested in MAI in 2021 through its investment in Galway Holdings, which acquired MAI that year, and will become the majority owner upon closing, with Galway Holdings, funds managed by Harvest Partners, and Oak Hill Capital exiting their positions.

Read the transaction press release

The Kirkland team included corporate lawyers Carolyn Vardi, Laura Steinke and Julianna Debler Nester; debt finance lawyer Jason Serlenga; and tax lawyers Ben Schreiner and Mike Conroy.