Kirkland Advises Orangewood Partners on Acquisition of Pacific Bells
Kirkland & Ellis advised Orangewood Partners (“Orangewood”), a long-term focused private investment firm, on its acquisition of Pacific Bells, LLC (“Pacific Bells”), a leading Taco Bell franchisee in the United States, from Partners Group, a leading global private markets firm, acting on behalf of its clients. Pacific Bells’ founder and CEO and the entire management are maintaining a significant minority stake in the company and will continue to operate the restaurants. Terms of the transaction were not disclosed.
Read the Orangewood press release
The Kirkland team was led by corporate partner Megan Spelman, capital markets partner Michael Kim, corporate associate Umar Khan, tax partner Vincent Thorn, and investment funds partner Kevin Lam, and also included support from corporate partner Leo Greenberg.