Kirkland & Ellis counseled King Street Capital Management, L.P., a leading global investment firm, on acquiring a majority ownership stake in Colovore, a Silicon Valley-based data center operator that specializes in liquid-cooled, high-density colocation for artificial intelligence and high-performance computing. The transaction will leverage King Street’s deep real estate platform to support Colovore’s continued growth to meet increased demand for liquid-cooled data center solutions. Terms of the transaction were not disclosed.
Read King Street’s press release
The Kirkland team was led by corporate partners Jhett Nelson, Shubi Arora and KJ Pedersen and associates Brittany Scheier, William Kelly, Selin Ozaltun and Tristan Prentice; real estate partners Andrew Small and Roberto Miceli and associate TJ Kuban; tax partners Bruce Gelman and Mike Greenberg and associate Rachelle Stapley; technology & IP transactions partners Matthew Lovell and Shellie Freedman and associate Daniel Shin; investment funds partner Ben Briggs and associates Joshua Morgan, Ariela Rivkin and Justin Frumm; and executive compensation partners Stephen Jacobson and Jabir Yusoff and associates Monica Merino and Lanie Halpern.