Kirkland Counsels Navitas on $3.25 Billion Sale to Enterprise Products Partners
Kirkland & Ellis advised Navitas Midstream Partners Holdings, LLC, a producer-focused midstream company, on the sale of 100 percent of its interests in Navitas Midstream Partners, LLC to an affiliate of Enterprise Products Partners L.P. (NYSE: EPD) for $3.25 billion in an all-cash deal from an affiliate of Warburg Pincus, LLC, a leading global growth investor. The transaction is expected to be completed in the first quarter of 2022 subject to customary regulatory approvals.
The Kirkland team was led by corporate partners Adam Larson, Jhett Nelson and Randy Santa Ana and included corporate associates Tess Dennis, Oscar Leija, Alexiz Magro-Malo and Hyrum Clarke; real assets partner Chad Smith and associate Isaac Bate; capital markets partners Julian Seiguer and Jennifer Wu and associate Rebecca Chang; executive compensation partner Rob Fowler and associate Carly Rhodes; labor and employment partners Madeline Klebanov and R.D. Kohut and associate Kayla Davis; employee benefits of counsel Jack Bernstein and associate Chris Chase; real estate partner Roberto Miceli; environmental transactions partners Paul Tanaka and Ty’Meka Reeves-Sobers; tax partners Mark Dundon and Joe Tobias; and antitrust partners Ian John and Chuck Boyars and associate Chris Brassfield.
