Press Release

Kirkland Advises Palistar Capital LP and Harmoni Towers on Acquisition of Parallel Infrastructure from Apollo's Second Flagship Infrastructure Fund

Kirkland & Ellis advised Palistar Capital LP, an alternative asset manager focused on mission-critical communications infrastructure, and its portfolio company Harmoni Towers (Harmoni), in connection with Harmoni’s agreement to acquire Parallel Infrastructure, a leading tower platform and build-to-suit provider, from funds managed by affiliates of Apollo Global Management, Inc. Terms were not disclosed. The transaction is subject to customary closing conditions and is expected to be completed in the third quarter of 2022.

 

Read Palistar Capital’s press release

 

The Kirkland team was led by corporate partners John Pitts and Stephen Noh and debt finance partner Roald Nashi, with assistance from corporate associates Jack Chadderdon, Nnamdi Ezenwa, Sam Roberts and Trevor Sloan; and included tax partners Bruce Gelman and Mike Greenberg; employment and labor partners R.D. Kohut and Madeline Klebanov; employee benefits partner Alexandra Mihalas; executive compensation partner Rob Fowler; antitrust and competition partner Matthew Wheatley; international trade and national security partners Mario Mancuso and Luci Hague; real estate partners Andy Van Noord, John Thomas Goldman and Zeina Kazour; environmental partners Paul Tanaka and James Dolphin; technology and IP transactions partners Seth Traxler and Matt Darch; government and internal investigations partner Meghan Dolan; government contracts partner H. Boyd Greene; transactional liability insurance partner Anna Geml; and litigation partner Anna Rotman.