Marlin Equity Partners’ Acquisition Of HotSchedules And Fourth

Kirkland & Ellis advised HotSchedules, a leading provider of state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals, on its sale to Marlin Equity Partners, a global investment firm.

As part of the transaction HotSchedules will merge with Fourth to create the industry’s most comprehensive back-of-house software-as-a-service (SaaS) suite delivering a fully integrated inventory management, workforce management, payroll and intelligent cost-control operations platform. Financial terms of the transaction were not disclosed.

Financial details of the transaction have not been disclosed. Piper Jaffray and William Blair & Company, LLC acted as financial advisor and Latham & Watkins LLP served as legal advisor to Marlin Equity Partners. Morgan Stanley & Co. LLC acted as financial advisor and Kirkland & Ellis LLP served as legal advisor to HotSchedules. Jefferies LLC served as financial advisor to Fourth and Willkie Farr & Gallagher provided legal counsel to Insight Partners.

The Kirkland team was led by transactional partner Armand Della Monica (Picture) and associates Megan Spelman and Sola Paterson-Marke; and tax partner Jared Rusman and associate William Dong.

The Willkie Farr & Gallagher deal team was led by partners Morgan Elwyn and Ziyad Aziz.

Involved fees earner: Armand Della Monica – Kirkland & Ellis; William Dong – Kirkland & Ellis; Sola Paterson-Marke – Kirkland & Ellis; Jared Rusman – Kirkland & Ellis; Megan Ward Spelman – Kirkland & Ellis; Ziyad Aziz – Willkie Farr & Gallagher; Morgan Elwyn – Willkie Farr & Gallagher;

Law Firms: Kirkland & Ellis; Willkie Farr & Gallagher;

Clients: Fourth; HotSchedules; Insight Partners;

Author: Ambrogio Visconti