Kirkland Advises Francisco Partners on Acquisition of CDK Global
Kirkland & Ellis is advising Francisco Partners on the financing aspects of the $1.45 billion carve out acquisition of CDK Global’s international business.
CDK Global (NASDAQ:CDK) is a leading provider of integrated information technology solutions to the automotive retail and adjacent industries. Focused on enabling end-to-end automotive commerce, CDK Global provides solutions to dealers in more than 100 countries around the world, serving approximately 30,000 retail locations and most automotive manufacturers.
The Kirkland team was led by transactional partners Neel Sachdev and Sam Sherwood in London, Brian Ford in Los Angeles and Chris Kirkham in San Francisco, supported by associates Jerome Hoyle and Tilly Kersley, with advice from tax partner Timothy Lowe.