Kirkland Represents Greenbriar Equity Group on Combination of Whitcraft Group with Paradigm Precision Alongside Clayton, Dubilier & Rice
Kirkland & Ellis advised funds managed by Greenbriar Equity Group, L.P. and Whitcraft Group, a manufacturer of precision formed, machined and fabricated flight-critical aerospace components and a Greenbriar portfolio company, on Greenbriar’s investment with Clayton, Dubilier & Rice to combine Whitcraft with Paradigm Precision, currently majority owned by funds managed by Carlyle (Nasdaq: CG). The combination of Paradigm and Whitcraft will create a scaled and diversified manufacturer of complex, high-tolerance components used in commercial and military aviation engines. Terms of the transactions were not disclosed. The transactions are expected to close in early 2023, subject to satisfaction of customary closing conditions.
The Kirkland team was led by corporate partners Shawn OHargan and Jaye Kasper and associates Monica Ruiz and Alex Rodriguez Perez, tax partners Sara Zablotney and Timothy Campany and associate Ashley Flor, debt finance partner Kathryn Leonard and associate Raghav Gupta, and investment funds partner Robert Blaustein and associate Michael Ramsey.
