Clayton, Dubilier & Rice’s $150 Million Investment in MOD Super Fast Pizza

Kirkland & Ellis represented global private equity firm Clayton, Dubilier & Rice in its $150 million investment in MOD Super Fast Pizza Holdings, LLC, an operator and franchisor of fast casual restaurants.

The investment will help accelerate the company’s continued expansion in the United States and internationally.

With 433 locations system-wide, MOD is a purpose-led, people-focused fast casual pizza business.

Kirkland & Ellis LLP acted as legal advisor to CD&R in the transaction. J.P. Morgan acted as sole placement agent to MOD in connection with the private placement.

The Kirkland team was led by transactional partners Adam Phillips (Picture) and Jonathan Manor, tax partner Devin Heckman, technology & IP transactions partner Vladimir Khodosh, executive compensation partner Jennifer Pepin, employment and labor partner Michael Schulman, and environmental transactions partner Paul Tanaka.

Involved fees earner: Vladimir Khodosh – Kirkland & Ellis; Jonathan Manor – Kirkland & Ellis; Jennifer Pepin – Kirkland & Ellis; Adam Phillips – Kirkland & Ellis; Michael Schulman – Kirkland & Ellis; Paul Tanaka – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Clayton Dubilier & Rice;

Author: Ambrogio Visconti