Goldman Sachs Asset Management’s strategic minority investment in Harvest Partners

Evercore served as financial advisor to Harvest Partners and Kirkland & Ellis served as legal counsel.

Goldman Sachs Asset Management’s Petershill program has made a strategic minority investment in Harvest Partners, a leading middle-market private investment firm.

The passive investment, which represents 15 percent of the firm, will allow Harvest Partners to expand the ownership of the firm and further develop its platform, building on the firm’s long history of investing in the middle-market in North America. As part of the transaction, Harvest Partners’ senior leadership has made long-term commitments to the business.

Terms of the transaction were not disclosed.

Kirkland & Ellis LLP advised Harvest Partners with a team including funds partner Daniel Lavon-Krein (Picture) and corporate partner Christian Atwood, and included investment funds partner Derek Pease and associates Tom Strumpf and Talisha Riggs; tax partner Lee Morlock and associate Steven Cantor; and corporate associates Daniel Vaczy and William Lay.

Involved fees earner: Daniel Lavon-Krein – Kirkland & Ellis; Derek Pease – Kirkland & Ellis; Thomas Strumpf – Kirkland & Ellis; Talisha Riggs – Kirkland & Ellis; Christian Atwood – Kirkland & Ellis; Daniel Vaczy – Kirkland & Ellis; William Lay – Kirkland & Ellis; Lee Morlock – Kirkland & Ellis; Steven Cantor – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Harvest Partners LP;

Author: Ambrogio Visconti