Partners Group’s Acquisition of Careismatic Brands

Ropes & Gray represented Partners Group, while Kirkland & Ellis advised New Mountain Capital in the transaction.

Partners Group completed its acquisition of Careismatic Brands (f/k/a Strategic Partners), a leading healthcare apparel company, from New Mountain Capital.

Careismatic designs and manufactures medical apparel, corporate identity apparel, school uniforms and adaptive clothing, and sells them in 70 countries around the world. The company has more than 730 employees with operations in the US, Canada, Europe, and Asia.

Partners Group is a global private equity firm with $96 billion in assets under management and more than 1,500 professionals across 20 offices worldwide.

New Mountain Capital, LLC is a growth-oriented investment firm that currently manages over $30 billion in assets.

The Ropes & Gray team that represented Partners Group was led by private equity partner Bob Rivollier (Picture) and private equity associate Dee Kuchukulla (New York), and included finance partners Andrea Hwang and Alex Zeltser (both of New York), tax partner Adam Greenwood (New York), employment, executive compensation & benefits partners Alexandra Alperovich(New York) and Megan Bisk (Boston), and life science regulatory & compliance partner Kellie Combs (Washington D.C.).

The Kirkland team advising New Mountain Capital was led by transactional partners Joshua Kogan and Erika López and associates Keli Huang, Yoana Setzer and Jay Pak; tax partners Sara Zablotney and Vivek Ratnam and associate Simon Kwong; debt finance partners Melissa Hutson and Mark Adler and associate Oliver Schauman; real estate partner Roberto Miceli and associate Eric Zhi; environmental transactions partner Jonathan Kidwell and associate Donna Ni; technology & IP transactions partner Matthew Lovell and associate Christina Chen; executive compensation partners Michael Krasnovsky and Ian Sherwin and associates Brian Valcarce and Alex Freund; employment & labor partner R.D. Kohut and associates Jaclyn Schruhl and Anusheh Khoshsima; employee benefits partners Alexandra Mihalas and Adria Crowe; international trade partner Meghan Dolan; antitrust & competition partner Michael Thorpe and of counsel Donna Alberts Peel; and M&A clearance director Kurt Wunderlich.

Involved fees earner: Mark Adler – Kirkland & Ellis; Donna Alberts Peel – Kirkland & Ellis; Adria Crowe – Kirkland & Ellis; Meghan Dolan – Kirkland & Ellis; Keli Huang – Kirkland & Ellis; Melissa Hutson – Kirkland & Ellis; Anusheh Khoshsima – Kirkland & Ellis; Jonathan Kidwell – Kirkland & Ellis; Joshua Kogan – Kirkland & Ellis; R.D. Kohut – Kirkland & Ellis; Michael Krasnovsky – Kirkland & Ellis; Simon Kwong – Kirkland & Ellis; Erika Lopez – Kirkland & Ellis; Matthew Lovell – Kirkland & Ellis; Roberto Miceli – Kirkland & Ellis; Alexandra Mihalas – Kirkland & Ellis; Donna Ni – Kirkland & Ellis; Vivek Ratnam – Kirkland & Ellis; Oliver Schauman – Kirkland & Ellis; Jaclyn Schruhl – Kirkland & Ellis; Yoana Setzer – Kirkland & Ellis; Ian Sherwin – Kirkland & Ellis; Michael Thorpe – Kirkland & Ellis; Brian Valcarce – Kirkland & Ellis; Sara Zablotney – Kirkland & Ellis; Eric Zhi – Kirkland & Ellis; Alexandra Alperovich – Ropes & Gray; Megan Bisk – Ropes & Gray; Kellie Combs – Ropes & Gray; Adam Greenwood – Ropes & Gray; Andrea Hwang – Ropes & Gray; Dee Kuchukulla – Ropes & Gray; Bob Rivollier – Ropes & Gray; Alex Zeltser – Ropes & Gray;

Law Firms: Kirkland & Ellis; Ropes & Gray;

Clients: New Mountain Capital; Partners Group;

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Author: Ambrogio Visconti