Kirkland & Ellis LLP advised Cerberus Capital Management, L.P., one of the world’s leading private investment firms, on its acquisition of a controlling interest in Staples’ European business, which consists of retail, contract, and online businesses in 16 countries generating aggregate annual sales of approximately €1.7 billion.
The transaction is expected to close during the first quarter of Staples’ fiscal 2017 year.
The Kirkland team was led by corporate partners Douglas Ryder (Picture), Gavin Gordon, Claire James, Dvir Oren and associate Jacob Traff; technology & IP partners Seth Traxler, Matthew Lovell and associates Matthew Colman, Shatra Bell and Ashley Eisenberg; and tax partners Sara Zablotney, Benjamin Schreiner and Dulcie Daly.
The Clifford Chance core team that advised Staples was led by Thijs Alexander and furthermore consisted of David Griston, Michiel Sunderman, Floris van de Bult, Alvin Khodabaks, Wijnanda Rutten, Line Poliquin and Mark Loefs.
Involved fees earner: Alexandre Rocchi – Arsene Taxand; Edith Benfredj-Coudounari – Arsene Taxand; Douglas Ryder – Kirkland & Ellis; Gavin Gordon – Kirkland & Ellis; Claire James – Kirkland & Ellis; Dvir Oren – Kirkland & Ellis; Jacob Traff – Kirkland & Ellis; Seth Traxler – Kirkland & Ellis; Matthew Lovell – Kirkland & Ellis; Matthew Colman – Kirkland & Ellis; Shatra Bell – Kirkland & Ellis; Ashley Eisenberg – Kirkland & Ellis; Sara Zablotney – Kirkland & Ellis; Benjamin Schreiner – Kirkland & Ellis; Dulcie Daly – Kirkland & Ellis; Thijs Alexander – Clifford Chance; David Griston – Clifford Chance; Line Poliquin – Clifford Chance; Mark Loefs – Clifford Chance; Michiel Sunderman – Clifford Chance; Floris van de Bult – Clifford Chance; Wijnanda Rutten – Clifford Chance; Alvin Khodabaks – Clifford Chance;