Kirkland Advises Bain Capital Private Equity on $3.2 Billion Acquisition of Sealed Air’s Diversey Care

Kirkland & Ellis LLP advised Bain Capital Private Equity on its carve-out acquisition from Sealed Air (NYSE: SEE) of Sealed Air’s Diversey Care division and the food hygiene and cleaning business within Sealed Air’s Food Care division (together “New Diversey”) for approximately $3.2 billion. New Diversey will be a leading hygiene and cleaning solutions company that integrates chemicals, floor care machines, tools and equipment, with a wide range of technology based, value-added services, food safety services and water and energy management. New Diversey employs approximately 8,600 people globally. The transaction, announced today, is subject to regulatory approvals and other customary closing conditions. More information on the transaction is available here.

Kirkland’s international team was led by Chicago corporate partners Neal Reenan and Ian Bushner and associates Ryan Jackson, Peter Anderson, Susan Tanaka, Matt O’Hare and Kwangwoo Kim, New York corporate partners Chris Torrente and Adele Maloney Thomas and associate Andy Fleischman, and London corporate associate Ian Kirwan. The Firm’s debt finance team was led by partners Michelle Kilkenney and Katie Bolanowski and associate Aaron Berlin, partners Gregory Gallagher and Mike Carew and associate Miles Johnson led the tax team, and the technology and IP transactions team was led by partners Jeffery Norman and Vladimir Khodosh and associates Ryan Farrell, Shatra Bell and Kevin Jacobsen.