Kirkland Represents Investor Consortium on Completion of Take Private of 51job
Kirkland & Ellis acted as international co-counsel and sole debt financing counsel to an investor consortium on the completion of the take private of 51job, Inc. (NASDAQ: JOBS), a leading provider of integrated human resource services in China, at an implied equity value of appropriately $4.3 billion. The investor consortium includes DCP Capital Partners II, L.P., Ocean Link Partners Limited, and Mr. Rick Yan, the Chief Executive Officer of 51job. Recruit Holdings Co., Ltd., the largest shareholder of 51job, is also participating in the transaction with the investor consortium.
The Kirkland team was led by transactional partner Daniel Dusek and debt finance partner Jacqueline Zheng and included transactional partner Joseph Raymond Casey.
