Kirkland Advises L Catterton and Airxcel on Sale of Airxcel RV Group to THOR Industries

Kirkland & Ellis advised L Catterton and its portfolio company, Airxcel, on the sale of Airxcel’s RV Group to THOR Industries, Inc. (NYSE: THO) ("THOR") for an all-cash purchase price of $750 million, subject to standard post-closing adjustments. Airxcel's retained segment will become AirX Climate Solutions, Inc., a pure-play leader, designer, manufacturer, and distributor of the most functionally critical products for specialty HVAC markets.

Read the L Catterton press release

The Kirkland team was led by corporate partners Andrew Kimball and Joshua Kogan and associates Adam Wojcik and Scott Myers, tax partners Vincent Thorn and Vivek Ratnam and associate Grant Newman, executive compensation partner Kate Coverdale and associate Deidre Kalenderian, debt finance partner Kathryn Leonard, technology & IP transactions partner Matt Lovell and associates Jeffrey Seroogy and Melissa Moreno, and antitrust and competition partner Katherine Rocco and associate Sarahi Constantine.