Kirkland Advises Frontenac on Continuation Vehicle with Motion & Control Enterprises

Kirkland & Ellis advised Frontenac, a Chicago-based private equity firm focused on investing in lower middle market buyout transactions in the consumer, industrial and services industries, on the completion of its oversubscribed continuation fund transaction to fund future growth initiatives of portfolio company, Motion & Control Enterprises (“MCE”), a leading industrial distributor and services provider of highly engineered, full lifecycle fluid, flow, automation and air solutions. This vehicle will allow for Frontenac’s continued investment in MCE and is expected to fuel the company’s next phase of growth. The transaction was led by Churchill Asset Management and 50 South Capital who join a collection of new and existing Frontenac investors.

Read Frontenac’s press release

The Kirkland team was led by investment funds partners Katie St. Peters, Damian Jacobs and Samara Sanderson and associates Alex Roggio, Jake Busker, Christine Lee and Alex Rodriguez Perez; corporate partner Shelly Hirschtritt and associate Joshua Cowin; tax partners Kevin Coenen, Daniel Meehan, Mike Greenberg and Andrew Chan and associate Michael Alcan; and investment funds regulatory partner Alpa Patel and associate Danielle Sartain.