Michael L. Nester
Overview
Michael Nester is a corporate associate in the New York office of Kirkland & Ellis LLP. His practice focuses on representing private equity funds, private companies and public companies in a wide variety of complex business transactions, including domestic and cross-border mergers and acquisitions, leveraged buyouts, minority investments and general corporate counseling.
Experience
Representative Matters
Acquisitions & Divestitures
- Bain Capital in its proposed acquisition of HealthEdge from Blackstone
- Perficient (NASDAQ: PRFT) in its $3 billion sale to EQT
- New Mountain Capital in its sale of Classic Collision to TPG
- Nordic Capital in its acquisition of Zafin
- Vista Equity Partners in its $4 billion acquisition of EngageSmart (NYSE: ESMT)
- Eli Lilly and Company (NYSE: LLY) in its $1.4 billion acquisition of POINT Biopharma (NASDAQ: PNT)
- A leading private equity firm in the formation of a $550 million single-asset continuation fund to acquire its portfolio company, a provider of customized electrical power solutions and services
- Eli Lilly and Company (NYSE: LLY) in its acquisition of Versanis Bio for up to $1.925 billion
- Kinderhook Industries in its acquisition of Continental Auto Parts
- FTV Capital in its strategic growth investment in Neptune Flood Incorporated alongside funds managed by Bregal Sagemount
- Huntsman Corporation (NYSE: HUN) in its sale of its Textile Effects division to SK Capital portfolio company Archroma
- KKR and its portfolio company Bettcher Industries in their acquisition of Frontmatec from Axcel
- Kinderhook Industries and its portfolio company Rental Equipment Investment Corp. in their acquisition of Cahill Services
- The Jordan Company in its sale of Watchfire Signs to H.I.G. Capital
- Percheron Capital and its portfolio company Veritas Veterinary Partners in their acquisition of veterinary clinics from Ethos Veterinary Health
- Kinderhook Industries in its acquisition of Rental Equipment Investment Corp.
- Corcentric, Inc. in its proposed $1.2 billion merger with North Mountain Merger Corp.
- Oaktree Acquisition Corp. II in its $2.25 billion business combination with Alvotech
- Bain Capital and Cinven and their portfolio company Arxada AG in Arxada’s combination with Troy Corporation
- Percheron Capital and its portfolio company Veritas Veterinary Partners in their acquisitions of Las Vegas Veterinary Specialty Center, Veterinary Emergency + Critical Care, Advanced Veterinary Specialty Group and Veterinary Surgical Specialists
- The Jordan Company in its investment in WEP Clinical
- Vista Equity Partners in its acquisition of Ellucian from TPG Capital and Leonard Green & Partners alongside funds managed by Blackstone
- TowerBrook Capital Partners in its minority investment in Kevin’s Natural Foods
- Percheron Capital in its acquisition of Big Brand Tire & Service
- The Jordan Company in its sale of Sabre Industries to Blackstone
- Oaktree Acquisition Corp. in its $1.6 billion combination with Hims, Inc., a market-leading telehealth company, and concurrent $75 million common equity private placement
- Vista Equity Partners and its portfolio company Accelya in their acquisition of Farelogix
- Harvest Partners in its acquisition of Service Express from Pamlico Capital
Capital Markets & Debt Financing Transactions
- Centerbridge Partners in a $400 million 144A/Reg S high-yield senior notes offering for Centerbridge portfolio company Ahead DB Holdings
- Slam Corp., a special purpose acquisition company sponsored by affiliates of A-Rod Corp. and Antara Capital, in its $575 million initial public offering
- An L Catterton-led consortium in its debt financing to fund its acquisition of Truck Hero, Inc.
- Array Technologies, Inc. and Oaktree Capital in Array’s $1.2 billion initial public offering, the largest U.S. clean technology and renewable energy IPO to date
- Star Peak Energy Transition Corp., a special purpose acquisition company sponsored by an affiliate of Magnetar Capital LLC, in its $350 million initial public offering
- Tripadvisor, Inc. in its $500 million 144A/Reg S high-yield senior notes offering
- PetSmart in its $690 million mandatory exchangeable trust securities offering
- Sustainable Opportunities Acquisition Corp., a special purpose acquisition company sponsored by Scott Leonard and Scott Honour, in its $300 million initial public offering
- Public company representation of OneSpaWorld Holdings Limited
- Parthenon Capital in its debt financing to fund its strategic investment in RxSense
- viagogo in its debt and preferred equity financings to fund its $4.05 billion acquisition of StubHub from eBay
Clerk & Government Experience
InternUnited States Securities and Exchange Commission, Division of Enforcement, Complex Financial Instruments UnitFall 2017
InternOffice of the New York State Attorney General, Investor Protection BureauSummer 2017
Prior Experience
Summer Associate, Kirkland & Ellis, 2018
Summer Analyst, Goldman Sachs, Merchant Banking Division, 2015
More
Thought Leadership
Publications
Michael L. Nester, Reconciling the Volcker Rule with Dodd Frank's Objectives: How to Best Combat Systemic Risk, 86 Fordham L. Rev. 3059, 2018
Credentials
Admissions & Qualifications
- 2020New York
- 2021District of Columbia
Education
- Fordham University School of LawJ.D.cum laude2019
Business and Financial Law Concentration
Articles & Notes Editor, Fordham Law Review, Vol. 87
- Cornell UniversityB.S., Industrial and Labor Relations; Business Minor; Law & Society Minor2016
News &
Insights
Kirkland Advises Bain Capital on Acquisition of HealthEdge