Michael P. Alcan
Partner
Tax
Overview
Michael Alcan is a tax partner in the Los Angeles office of Kirkland & Ellis LLP. His practice focuses on the tax aspects of complex business transactions.
Experience
Representative Matters
Mergers & Acquisitions
- Advanced Critical Care, Emergency and Specialty Services – Los Angeles, in its sale to Pathway Vet Alliance, an owner and operator of veterinary hospitals
- Ares Management Corp. (NYSE: ARES) in its $428 million acquisition of AMP’s PrivateMarketsCo Infrastructure Debt platform
- Ares Management in its acquisition of Cooper's Hawk Winery & Restaurant, a casual-dining chain and wine club, from KarpReilly
- Ares Management-backed Convergint Technologies, a security integrator, in its partial sale to Leonard Green & Partners and Harvest Partners
- Bain Capital Credit in the formation of a strategic partnership with Open Road Capital and InterPrivate to make long-term equity investments in transportation companies and their subsequent investment in Herrin-Gear Autoplex, an automotive dealership group
- Carlisle Companies (NYSE: CSL) in its $2.025 billion sale of Carlisle Interconnect Technologies, a provider of high-performance wire and cable, to Amphenol (NYSE: APH)
- Clearlake Capital-backed OnShift, provider of human capital management software and services in the healthcare industry, in its sale to ShiftKey
- Clearlake Capital-backed Wheel Pros in its acquisition of Transamerican Auto Parts
- Clearlake Capital in its acquisition of MV Credit, a private credit specialist, from Natixis Investment Managers
- GI Partners in its acquisition of Valet Living, a full-service amenities provider to the multifamily housing industry
- Great Hill Partners-backed Examity in its sale to Meazure Learning
- GTCR-backed RevSpring, a provider of communication and payment solutions, in its sale to Frazier Healthcare Partners
- Industrial Growth Partners in its sale of Integrated Global Services, a provider of highly engineered, proprietary surface protection solutions and technologies, to J.F. Lehman & Company
- Interblock in its acquisition of electronic table game assets from Aruze Gaming America
- Levine Leichtman Capital Partners-backed Trinity Consultants, an EHS, engineering and science consulting firm, in its sale to Oak Hill Capital
- Levine Leichtman Capital Partners, on the sale of its portfolio company Hand & Stone Massage and Facial Spa to funds managed by Harvest Partners
- Marlin Equity Partners-backed Virgin Pulse in its $3 billion merger with HealthComp, a provider of a benefits and analytics platform, to create a technology and data powered health platform-as-a-service organization
- Oaktree Capital Management-backed J&J Ventures Gaming in its acquisition of Illinois Gaming Systems, a video gaming terminal operator
- Oaktree Capital Management-backed WHP Global in its acquisition of fashion brand Anne Klein from Premier Brands Group
- Oaktree Capital Management in its acquisition of a majority interest in BusPatrol, a provider of school bus stop-arm camera technology
- Oaktree Capital Management in its acquisition of Interblock
- Oaktree Capital Management in its acquisition of Kondaur Capital Corporation, a nationwide residential asset manager and specialty loan service
- Option Care Health (NASDAQ: OPCH) in its proposed $3.6 billion merger with Amedisys (NASDAQ: AMED), a provider of home health, hospice and high-acuity care
- THL Partners in its investment in YA Group, a provider of business consulting services
- TJC backed-iNRCORE, a supplier of magnetics and passive electronic components, in its recapitalization with TJC and Warburg Pincus
- Zelis Healthcare, a Parthenon Capital Partners portfolio company, in a recapitalization and combination transaction with RedCard Systems
Investment Funds
- Center Rock Capital Partners in the formation of its Center Rock Capital Partners Fund II
- Clearlake Capital Partners in the formation of its $14.1 billion Clearlake Capital Partners VII
- Clearlake Capital Group in its single-asset secondary transactions of Icons I through V
- Clearlake Capital Group on its sixth flagship private equity investment fund, Clearlake Capital Partners VI LP, with more than $7 billion in commitments
- Energy Capital Partners on its fifth energy fund, ECP V, with $6.7 billion in commitments
- Francisco Partners on completion of $17 billion in capital commitments between its $13.5 billion flagship fund, Francisco Partners VII, L.P., and its $3.3 billion Francisco Partners Agility III, L.P. fund
- Francisco Partners (FP) on its closing of approximately $9 billion in capital commitments across two funds: Francisco Partners VI, L.P. and Francisco Partners Agility II, L.P.
- Frontenac in the completion of its oversubscribed continuation fund transaction to fund future growth initiatives of portfolio company, Motion & Control Enterprises
- HGGC on the formation of HGGC Fund IV, closed on $2.54 billion of capital commitments, surpassing its target of $2.25 billion and HGGC’s $1.85 billion Fund III
- Knox Lane in the formation of KLC Fund II, a $1 billion buyout fund
- Lone View Capital on the formation of its $850 million inaugural fund, Lone View Capital Fund I
- Nexus Capital Management LP on its third private equity fund, Nexus Special Situations III, L.P. at $1.25 billion of third party committed capital
- Seaside Equity Partners on the formation of its second private equity investment fund, closed on $325 million in capital commitments, surpassing its target of $225 million and more than double its $160 million Fund I
- Truelink Capital Management, LLC on the formation of its first fund, Truelink Capital I, closed with aggregate third-party LP commitments of $875 million
Restructurings
- Frontier Communications Corporation and its 103 debtor subsidiaries in their prearranged Chapter 11 restructuring in the U.S. Bankruptcy Court for the Southern District of New York
Capital Markets
- AP Acquisition Corp. (NYSE: APCAU), a SPAC associated with Advantage Partners, on its NYSE IPO that raised $172.5 million
- Ares Management Corp. in its Rule 144A offering of $500 million of senior notes
Debt Finance
- Monarch Alternative Capital in providing a $200 million term loan facility to a sponsor-owned portfolio, the proceeds of which were utilized to fund refinancing and add-on transactions.
- Tupperware Brands Corporation (NYSE: TUP) in connection with an amendment to its existing senior secured revolving and term loan credit facility
- Tupperware Brands Corporation (NYSE: TUP) in its $480 million secured multi-currency revolving facility and $400 million secured USD and Euro term loan facility implemented in connection with the refinancing of its existing debt
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Credentials
Admissions & Qualifications
- 2018New York
- 2020California
Languages
- English
- Portuguese
- Japanese
Education
- University of Chicago Law SchoolJ.D.with Honors2017
- Boston UniversityB.A., International Relationscum laude2010
News &
Insights
Treasury and IRS Issue Proposed Regulations on Corporate Alternative Minimum Tax