Kirkland Counsels Golden Gate Capital on Acquisition of Neustar for $2.9 Billion

Kirkland & Ellis LLP represented Golden Gate Capital, which led a private investment group that agreed to acquire Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information services, for $2.9 billion, including debt to be refinanced. Under the terms of the agreement, which was unanimously approved by Neustar’s Board of Directors, Neustar shareholders will receive $33.50 per share in cash. This represents a premium of 45 percent to Neustar’s closing stock price on Nov. 11, 2016, the day prior to Golden Gate Capital’s filing of a Form 13F with the SEC disclosing an equity position in Neustar.  The full release is available here.

The Kirkland team was led by debt finance partner Samantha Good and associates Brian Haroldson and Nichole Lopez-Tackett; corporate partners Jeremy Veit and associate Jean Lee; and antitrust partner Paula Riedel and associate James Parkinson.