Deal of the Year 2022
Buyouts has recognized KKR’s $3 billion sale of CHI Overhead Doors (C.H.I.) to Nucor Corporation as its 2022 “Deal of the Year.” Kirkland represented KKR and portfolio company C.H.I., a leader in the garage door industry, in the sale, which represents one of KKR’s largest returns in recent history, at 10 times the original equity invested, inclusive of distributions. As part of the sale, all C.H.I. employees received a substantial cash payout on their equity in the company.