Kirkland Advises Blackstone on Majority Stake Acquisition in Leading Hotel Accounting Software and Services Provider M3
Kirkland & Ellis advised Blackstone Growth and affiliated funds on a definitive agreement for a majority investment in M3, LLC, a cloud-based financial platform and services company serving over 8,000 properties across North America’s hospitality industry. The investment will help to accelerate M3’s growth by enhancing new product expansion and supporting the adoption of M3’s software, which enables hotel operators to run more efficiently and effectively.
Read the transaction press release
The Kirkland team was led by corporate partners Chris Burwell and Sean Kramer and associates Mark Keohane and Veronica Shen; tax partner Devin Heckman; executive compensation partners Daniel Rios and Rohit Nafday; and employee benefits partner Chris Chase.