Kirkland Represents Bain Capital Private Equity in Dealer Tire Investment
Kirkland & Ellis LLP represented Bain Capital Private Equity, which announced today it has made a significant investment in Dealer Tire, LLC, a national leader in replacement tire and parts distribution for automotive dealerships, to accelerate the company’s growth and expansion. Financial terms of the private investment were not disclosed and proceeds will be used to purchase the interests of Lindsay Goldberg LLC, the company’s current investment partner since December 2014. The transaction, which is expected to close in December 2018, is subject to customary closing conditions, including requisite regulatory approvals. Additional details on the transaction are available in Dealer Tire’s press release.
The Kirkland team was led by corporate partners Jeff Richards, Matthew O’Brien and Christopher Thomas and associate Lauren Yeager, and debt finance partners Michelle Kilkenney and Katie Bolanowski and associate Matthew Leist.