Kirkland Represents an Investor Group Led by Advent International and Permira Advisors on Financing for Acquisition of McAfee for Over $14 Billion

Kirkland & Ellis advised an investor group led by Advent International Corporation and Permira Advisers LLC, on the debt and preferred equity financing for the acquisition of McAfee Corp. (NASDAQ:MCFE), a global leader in online protection, for over $14 billion, consisting of nearly $10 billion of funded financing and a $1 billion revolving credit facility. The additional investors include Crosspoint Capital Partners L.P., Canada Pension Plan Investment Board, GIC Private Limited and a wholly owned subsidiary of the Abu Dhabi Investment Authority. The transaction is expected to close in the second calendar quarter of 2022 and is subject to customary closing conditions. 

Read the transaction press release 

The Kirkland team was led by debt finance partners Jay Ptashek, Yuli Wang and associates Conor O'Muiri and Spencer Welch, capital markets partners Michael Kim and Joshua Korff, and tax partners Jared Rusman and Steven Ort.