Kirkland Advises Star Peak II on $1.35 Billion Combination with Benson Hill
Kirkland & Ellis counseled Star Peak Corp II (NYSE: STPC), a publicly-traded special purpose acquisition company, on its business combination with Benson Hill, Inc., a sustainable food technology company. The business combination will result in Benson Hill becoming a public company listed on the New York Stock Exchange under the new ticker symbol “BHIL.” Following the close, Benson Hill will have a pro forma enterprise value of approximately $1.35 billion based on the $10.00 per share price of Star Peak common stock and assuming no redemptions by Star Peak shareholders.
Read the Star Peak press release
The Kirkland team was led by transactional partners Bill Benitez and David Thompson and associate Mark Kunzman; capital markets partners Matt Pacey and Bryan Flannery and associate Ieuan List; executive compensation partner Stephen Jacobson and associate Jabir Yusoff; and tax partners Mark Dundon and Lane Morgan.