Kirkland Advises OrthoLite on Sale to Coats

Kirkland & Ellis advised Trilantic North America-backed OrthoLite Holdings LLC, the global market leader of premium insoles, on its sale to Coats Group, for an initial enterprise value of $770 million. The transaction was announced July 16, 2025 and is expected to close in Q4 2025. A further contingent payment of up to $10m is payable based on potential Ebitda performance in 2025.

Read the transaction press release

The Kirkland team included corporate lawyers Alan Heisman, Shawn OHargan, Francesca Storey-Harris, Dipak Bhundia; debt finance lawyers James Dickson and Carly Bishop; and tax lawyers Liam Murphy and Vin Thorn.