Kirkland Advises Ares on $2.9 Billion Acquisition of Infinity Transportation from KKR

Kirkland & Ellis advised Ares Management Corporation (NYSE: ARES) on a definitive agreement under which KKR & Co. Inc. (NYSE: KKR) will sell Infinity Transportation, a scaled, full-service railcar and intermodal equipment lessor, to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9 billion. Founded in 2004, Infinity owns and manages approximately 50,000 railcars leased to more than 350 unique lessees across the United States, Canada and Mexico.

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The Kirkland team included corporate lawyers Rob Goodin, Daniel Cadis, Jack Chadderdon, Hanks Bird, Janae Camacho and Alfredo Rosales; debt finance lawyers Rohit Chaudhry, Olivia George, Josh Ryu, Kelly Mellecker and Brandon Karas; tax lawyers David Wheat, Bill Dong, Griffin Peeples and Sarah Gehr; technology & IP transactions lawyers Amy Barber and Matt Lovell; environmental transactions lawyer James Dolphin; real estate lawyer Roberto Miceli; employee benefits lawyer Alexandra Mihalas; executive compensation lawyers Stephen Jacobson and Jennifer Stadler Lavon; employment & labor lawyer Christie Alcala; antitrust & competition lawyer Andrea Murino; international trade & national security lawyer Luci Hague; and transactional liability lawyer Hayley Hollender.