Kirkland Advises Partners Group on Sale of Global Blue to Shift4

Kirkland & Ellis is representing Partners Group in the sale of its interests in Global Blue (NYSE: GB), a tourism shopping tax refund payment and technology platform, to Shift4 (NYSE: FOUR). The transaction values Global Blue at approximately $2.5 billion enterprise value.

The acquisition has been unanimously approved by the boards of directors of Shift4 and Global Blue. It is expected to close by Q3 2025, subject to receipt of regulatory approvals, other customary closing conditions, and a minimum tender of at least 90% of Global Blue’s issued and outstanding common shares and preferred shares on a combined basis.

Read the transaction press release

The Kirkland team includes corporate lawyers Hamesh Khatkar, Aneeq Durrani, Vincent Bergin, David Higgins and Ben Zelouf; capital markets lawyers Julia Danforth and Sarah Lipinski; and tax lawyer Peter Abbott.