Kirkland Represents Bain Capital Portfolio Company Diversey Holdings on First Primary Follow-on Offering
Kirkland & Ellis advised Bain Capital Private Equity portfolio company Diversey Holdings, Ltd., a leading provider of hygiene, infection prevention and cleaning solutions, on its primary offering of 15 million of its ordinary shares shares at $15.00. Diversey currently intends to use the net proceeds from the proposed offering for general corporate purposes, which may include capital expenditures, potential acquisitions, growth opportunities and strategic transactions. The offering is expected to close on November 15, 2021, subject to customary closing conditions.
The Kirkland team was led by capital markets partners Brad Reed and Alex Schwartz and associates Ashley Sinclair, Anna LeGrett and Laura Billiter, debt finance partners Michelle Kilkenney and Carolyn Aiken and tax partners Mike Carew and Alan Walker and associate Steven Cantor.