Kirkland Advises H.I.G. Capital on Sale of Tastes on the Fly
Kirkland & Ellis advised H.I.G. Capital, a leading global alternative investment firm with $59 billion of capital under management, on the sale of its portfolio company Tastes on the Fly to Paradies Lagardère, the North American travel retail division of the Lagardère Group, a publicly traded company on the French stock exchange. Terms of the transaction were not disclosed.
Founded in 1999, Tastes on the Fly is an award-winning operator of airport food and beverage concessions across North America. H.I.G. acquired Tastes on the Fly in July 2017 in partnership with its founders.
The Kirkland team was led by corporate partners Michele Cumpston and Michael Sartor and associates Neil Datar and Veronica Shen; tax partners Lee Morlock and David Morris and associate Meena Kandallu; employee benefits partner Matt Antinossi and associate Nathaniel Linger; employment & labor partner Sydney Jones and associate Jaime Wamble; executive compensation partner Jack Stratton and associate Holly Goldsmith; antitrust & competition partners Jim Mutchnik and Mike Thorpe; real estate partner Rob Miceli and associate Brandon Hemans; environmental transactions partner Sara Webber and associate Katherine McKeen; international trade & national security partner Luci Hague and associate Chad Crowell; technology & IP transactions partner Vlad Khodosh and associate Thao Thai; and debt finance partner Katie Taylor and associate Elena Babakhanyan.
