Kirkland Advises GTCR in Recapitalization of Jet Support Services

Kirkland & Ellis advised leading private equity firm GTCR in its definitive agreement to recapitalize Jet Support Services, Inc. (JSSI), in partnership with CEO Neil Book. JSSI is the leading independent provider of HCM programs for business aircraft, engines, airframes and APUs. As part of the transaction, GTCR will acquire a majority stake in JSSI, while the Book family will retain a significant minority stake in the business. The financial terms of the transaction were not disclosed.

Read GTCR’s press release

The Kirkland team was led by transactional partners Mark Fennell and Christopher Thomas and associates Jonathan Dhanawade and Nicholas Cast, and debt finance partners Christopher Butler and Thomas Dobleman.