GTCR’s Acquisition of GreatCall


Jefferies LLC served as financial advisor and Kirkland & Ellis LLP served as legal advisor to GTCR. J.P. Morgan Securities LLC served as financial advisor and DLA Piper served as legal advisor to GreatCall

GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire GreatCall, Inc. (“GreatCall” or the “Company”).

Headquartered in San Diego, California, GreatCall is the largest provider of connected health and personal emergency response services (PERS) for active aging, serving over 800,000 subscribers across the United States. GreatCall’s product offering includes senior-friendly hardware combined with one-touch connectivity to trained agents who can answer questions, dispatch emergency personnel, connect to family caregivers and provide additional concierge services.

As part of the transaction, GTCR will partner with CEO David Inns and the GreatCall management team as they continue to grow and develop the Company’s technology and services offering. GTCR expects to commit additional equity capital to fund future acquisitions and organic growth initiatives.

The Kirkland team was led by corporate partners Stephen Ritchie (Picture) and Sean Kramer and associates Kevin Humphries, David Birnbaum and Ankur Sharma; tax partners Russell Light and Polina Liberman; litigation partner Scott McMillin and associate Brett Nerad; technology and IP transactions partner Seth Traxler and associates Matthew Colman and Jeffrey Seroogy; executive compensation partner Dean Bachus and associate Katherine Coverdale; labor and employment partner Edward Holzwanger and associate Bryan O’Keefe; employee benefits partners Alexandra Mihalas and Melissa Grim; real estate partner Roberto Miceli and associate Hannah Ehrenberg; and environmental partner Paul Tanaka and associate Michael Saretsky.

Involved fees earner: Stephen Ritchie – Kirkland & Ellis; Sean Kramer – Kirkland & Ellis; Kevin Humphries – Kirkland & Ellis; David Birnbaum – Kirkland & Ellis; Ankur Sharma – Kirkland & Ellis; Russell Light – Kirkland & Ellis; Polina Liberman – Kirkland & Ellis; Scott McMillin – Kirkland & Ellis; Brett Nerad – Kirkland & Ellis; Seth Traxler – Kirkland & Ellis; Matthew Colman – Kirkland & Ellis; Jeffrey Seroogy – Kirkland & Ellis; Dean Bachus – Kirkland & Ellis; Katherine Coverdale – Kirkland & Ellis; Edward Holzwanger – Kirkland & Ellis; Bryan O’Keefe – Kirkland & Ellis; Alexandra Mihalas – Kirkland & Ellis; Melissa Grim – Kirkland & Ellis; Roberto Miceli – Kirkland & Ellis; Hannah Ehrenberg – Kirkland & Ellis; Paul Tanaka – Kirkland & Ellis; Michael Saretsky – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: GTCR;

Avatar

Author: Ambrogio Visconti