Overview
Kim really fights for a deal on your behalf. She cares as much as the client does and has a lot of technical expertise which she brings to play in negotiations.” - Chambers USA, 2024
Kim Hicks is a founding partner of the Austin office of Kirkland & Ellis LLP. Kim’s practice primarily focuses on public and private company mergers and acquisitions, take-private transactions, joint ventures and private equity investments. She has extensive experience advising major public companies, private equity firms and their portfolio companies in complex M&A transactions across a broad range of industries with a particular focus on energy, technology, infrastructure and digital infrastructure. Kim also regularly counsels public company clients on general corporate and governance matters.
Kim is recognized as a leading lawyer for Corporate/M&A (Texas: Austin & Surrounds) in 2024 and was ranked as “Up and Coming” for Corporate/M&A in Texas in 2021–2023 by Chambers USA. She was also named a 2023 “Rising Star” by Texas Lawyer, listed among Kayo Conference’s “Top 21 in 21: Women in Infrastructure” in 2021, named a “Top Woman in Dealmaking” for Private Equity by The Deal and as “Energy, Power & Utilities Dealmaker of the Year” by The Deal Awards Middle Market in 2019. Kim is also recognized as a leading lawyer for M&A in the U.S. by IFLR1000 for 2019–2024.
Experience
Representative Matters
Since joining Kirkland, Kim has been involved in the following matters:
Public Company M&A
- Southwestern Energy Co. (NYSE: SWN) in its merger with Chesapeake Energy Corp. (NASDAQ: CHK) to create $24 billion combined company
- Conflicts Committee of the Board of Directors of the general partner of TC PipeLines, LP (NYSE: TCP) in its approximately $1.68 billion all-stock acquisition by TC Energy Corporation (NYSE: TRP)
- Schlumberger (NYSE: SLB) in the sale of its North American onshore hydraulic fracturing business to Liberty Oilfield Services Inc. (NYSE: LBRT)
- Parsley Energy (NYSE: PE) in its $2.27 billion all-stock acquisition of Jagged Peak Energy (NYSE: JAG)
- C&J Energy Services (NYSE: CJ) in an approximately $1.8 billion merger-of-equals with Keane Group (NYSE: FRAC)
- ArcLight Energy Partners Fund V, L.P. in its affiliate’s acquisition by merger of the outstanding common units that ArcLight and its affiliates did not own of American Midstream Partners, LP. (NYSE: AMID)
- Brookfield Business Partners and certain of its affiliates and institutional partners in the acquisition by merger of the outstanding publicly held common units of Teekay Offshore Partners L.P. (NYSE: TOO)
- ArcLight Energy Partners Fund VI, L.P. in its subsidiary TLP Finance Holdings, LLC’s $536 million acquisition by merger of the outstanding common units that ArcLight and its affiliates do not currently own of TransMontaigne Partners L.P. (NYSE:TLP)
- Amplify Energy Corp. (OTCQX: AMPY) in an all-stock merger-of-equals with Midstates Petroleum Company, Inc. (NYSE: MPO)
- Bonanza Creek Energy (NYSE: BCEI) in its proposed $746 million sale to SandRidge Energy (NYSE: SD)
- ArcLight Energy Partners Fund VI, L.P. in its subsidiary TLP Finance Holdings, LLC’s $536 million acquisition by merger of the outstanding common units that ArcLight and its affiliates do not currently own of TransMontaigne Partners L.P. (NYSE:TLP)
- Amplify Energy Corp. (OTCQX: AMPY) in an all-stock merger-of-equals with Midstates Petroleum Company, Inc. (NYSE: MPO)
- Bonanza Creek Energy (NYSE: BCEI) in its proposed $746 million sale to SandRidge Energy (NYSE: SD)
Private Equity M&A – Infrastructure & Digital Infrastructure
- Brookfield Infrastructure Partners in various transactions, including:
- together with Ontario Teachers’ Pension Plan, in its acquisition of Compass Datacenters, a designer and provider of data centers for hyperscalers and cloud providers on campuses across the globe
- in its $30 billion joint venture with Intel Corporation to fund Intel’s under-construction semiconductor fabrication facility in Chandler, Arizona
Private Equity M&A – Energy
- TPG Rise Climate in its definitive agreement to acquire Olympus Terminals, an independent storage provider for renewable fuels and refined products in Southern California
- Warburg Pincus and its portfolio companies in numerous transactions, including:
- Chisholm Energy Holdings in Chisholm’s $604 million divestiture of its Northern Delaware Basin assets to Earthstone Energy (NYSE: ESTE)
- Hawkwood Energy in Hawkwood’s $650 million acquisition by WildFire Energy I
- in its line-of-equity investment in Delta Midstream, a midstream company targeting opportunities across multiple basins in North America
- in its lead role in a $1 billion equity commitment to WildFire Energy I, a Houston-based exploration and production company focused on U.S. basins
- Ensign Natural Resources, a portfolio company of Warburg Pincus and Kayne Anderson, in its acquisition of all of Pioneer Natural Resources USA’s Eagle Ford acreage in South Texas
- in its $300 million capital commitment to Citizen Energy Holdings, an Oklahoma-based oil and gas company
- Zenith Energy U.S., L.P. in the approximately $750 million acquisition of Arc Logistics Partners LP and its general partner, Arc Logistics GP, along with certain related assets held by owners of Arc Logistics Partners
Private Equity M&A – Technology
- Warburg Pincus-backed Intelligent Medical Objects (IMO), a healthcare data enablement company and market leader in clinical terminology solutions, in its sale of majority stake to Thomas H. Lee Partners
- Warburg Pincus-backed Experity in its sale to GTCR
- Warburg Pincus in its investment in NetDocuments, the leading secure cloud-based content services and productivity platform for law firms
Private Equity M&A – Other
- Warburg Pincus and Full Sail IP Partners in the acquisition of Odwalla from Coca-Cola Co.
- Warburg Pincus and LMCA in the launch of Full Sail IP Partners, an innovative brand acquisition firm
- Warburg Pincus in its line-of-equity commitment to Aquila Air Capital, a specialty finance platform focused on commercial aerospace
Strategic M&A – Energy
- EQT Infrastructure-backed Kodiak Gas Services in its acquisition of Pegasus Optimization Managers from affiliates of Apollo Natural Resource Partners
- Zenith Energy in its acquisition of three interconnected terminals in Greater Los Angeles from Plains All American Pipeline
- Riviera Resources, Inc. (OTCQX: RVRA) in the $111 million sale of its subsidiary, Blue Mountain Midstream LLC, to Citizen Energy
- GenOn Energy in numerous transactions, including:
- and its wholly owned indirect subsidiary, NRG Wholesale Generation LP, in the $314 million sale of the Choctaw facility, a combined cycle, natural gas-fueled electrical generation plant, to Entergy Mississippi
- in its $320 million sale of electricity generating facilities, Canal Units 1 and 2, to Stonepeak Kestrel Holdings, a subsidiary of Stonepeak Infrastructure Partners
- in its approximately $520 million sale of the Hunterstown CCGT power generation facility to Platinum Equity
Prior to joining Kirkland, Kim’s representative matters included:
- Tall Oak Midstream, an EnCap Flatrock portfolio company, in its $1.55 billion sale of assets to EnLink Midstream Partners, LP and EnLink Midstream, LLC
- Vanguard Natural Resources, LLC in its $614 million public-to-public merger with Eagle Rock Energy Partners, LP
- Conflicts Committee of Crestwood Midstream Partners LP in the $7.5 billion merger of CMLP with Crestwood Equity Partners LP
- OGE Energy in its $11 billion joint venture to form a master limited partnership with CenterPoint Energy and ArcLight Capital Partners
- Chevron U.S.A. in its sales of four refined products terminals in the United States to various strategic buyers
- Micron Technology in restructuring its joint venture with Intel Corporation
- Texas Instruments Incorporated in its $6.5 billion acquisition of National Semiconductor Corporation
Prior Experience
Paul Hastings LLP, Houston, TX
Jones Day, Houston, TX
More
Thought Leadership
Seminars
Moderator, “Dealmaking Trends,” Kayo Women’s Energy Forum, November 2023
Presenter, Take Private Transactions in the Oil and Gas Industry, Webinar, 2020
Presenter, Take Private Transactions, Webinar, 2020
Presenter, Structuring Solutions in Challenging Times, Webinar, 2020
Recognition
Leading lawyer for Corporate/M&A (Texas: Austin & Surrounds), Chambers USA, 2024
Recognized for Mergers & Acquisitions (USA), IFLR1000, 2019–2024
“Up and Coming” for Corporate/M&A (Texas), Chambers USA, 2021–2023
“Rising Star,” Texas Lawyer, 2023
“Top 21 in 21: Women in Infrastructure,” Kayo Conference, 2021
Recognized for Energy Transactions: Conventional Power, The Legal 500 U.S., 2020–2021
“Top Woman in Dealmaking” for Private Equity, The Deal, 2020
“Energy, Power & Utilities Dealmaker of the Year,” The Deal Awards Middle Market, 2019
Memberships & Affiliations
State Bar of Texas
Houston Bar Association
Credentials
Admissions & Qualifications
- Texas
Education
- University of Texas at Austin School of LawJ.D.with Honors
Editor-in-Chief, The Review of Litigation, Volume 28
Staff Member, The Review of Litigation, Volume 27
- University of Texas at AustinB.A., Plan II Honors Program and Czech Language & Culturewith High Honors