Kirkland Advises Welsh, Carson, Anderson & Stowe on EquiLend Acquisition
Kirkland & Ellis advised Welsh, Carson, Anderson & Stowe (WCAS) in an agreement to acquire EquiLend, the global technology, data and analytics company for the securities finance industry, from a consortium of large global banks and broker-dealers. The transaction was announced on January 18, 2024. The acquisition is expected to close in Q2 2024, subject to regulatory approvals. WCAS has committed a further $200 million to support organic initiatives and acquisitions by EquiLend.
Read the transaction press release
The team was led by corporate partner Will Boothby and associate Philippe Simard and included associates Eric St. Bernard, Logan Cotton and Emad Almazyad; antitrust & competition partners Zach Holmstead, Peter McCormack, Michael Thorpe, Thomas Wilson and Mark Gardner; tax partners Sara Zablotney and Mike Conroy; technology and IP transactions partners Matthew Lovell and Joanna Schlingbaum; debt finance partners Christopher Butler, Jud Oswald and Justin Greer; employee benefits partner Alexandra Mihalas; environmental transactions partner Carleigh Rodriguez; executive compensation partner Michael Krasnovsky; employment & labor partner Mari Stonebreaker; real estate partner Ian Craig; transactional liability partner Anna Geml; and international trade & national security partner Daniel Gerkin.
