Kirkland Represents Altaris on Acquisition of Trean Insurance Group

Kirkland & Ellis advised affiliates of Altaris, LLC (collectively with its affiliates, “Altaris”), a healthcare investment firm, on its acquisition of Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, for a total equity value of approximately $316 million. Altaris currently owns approximately 47% of Trean’s outstanding common stock. Completion of the transaction is subject to certain closing conditions, and the transaction is expected to close during the first half of 2023.

The Kirkland team was led by corporate partners David Feirstein and Romain Dambre and associate Julia Knafo, debt finance partners Jason Kanner and Whitney Bosworth, investment funds partner Sean Malone, tax partners Sara Zablotney and David Grenker, and executive compensation partners Scott Price and David Branham.