Kirkland Advises Stellex Capital Management on Continuation Vehicle for Fenix Parts

Kirkland & Ellis advised middle-market private equity firm Stellex Capital Management on a single-asset continuation vehicle that has acquired interests in recycler and reseller of original equipment manufacturer automotive parts Fenix Parts. The transaction will provide follow-on capital with the aim of driving organic growth initiatives, supporting the continued execution of Fenix’s prospective M&A pipeline and capitalizing on the progress of strategic initiatives.

Read the transaction press release

The Kirkland team was led by investment funds partners Mark Boyagi and Kevin Lam and associates Alex Roggio and Francisco Cardona and tax partners David Grenker and Phil Cooke and associate Leah Blake and included corporate partners Jonathan Benloulou and Spencer Topham and associates Ryan Slaugh, Alex Rodriguez Perez, Polina Liebling and Zemon Lu, investment funds associates Callie McBreen, Indira Selimovic, Zachary Scott Roemer and Luke Garoufalis, investment funds regulatory partners Alpa Patel, Eric Perelman and Mac Laban and associates Courtney May and Hyun-Kyung Yuh.