WHP Global’s Acquisition Of Anne Klein

Kirkland & Ellis represented private equity firm Oaktree Capital Management in its equity investment in WHP Global, a new brand management platform.

Oaktree has made an aggregate $200 million capital commitment to WHP. WHP’s first acquisition was global fashion brand Anne Klein.

WHP was founded to acquire and manage multiple global consumer brands, leveraging a shared platform to unlock competitive advantages at scale and fuel growth for each distinctive brand in its portfolio.

Pryor Cashman LLP, Kirkland & Ellis LLP and Boies Schiller Flexner LLP served as legal advisors to WHP Global and affiliates, and Guggenheim Securities and Kramer Levin Naftalis & Frankel LLP served as financial and legal advisor, respectively, to Premier Brands Group. Debt financing for the acquisition was provided by BlackRock Private Credit, including TCP Capital Corp., BlackRock Capital Corp. and certain private investment funds.

The Kirkland team was led by transactional partner Hamed Meshki (Picture) and included transactional associates Michele Cumpston and Liam Gallagher; debt finance partners David Nemecek and Kristen Derhaag and associates Shawn Bagdasarian and Andrew Hurley; tax partners Russell Light and Josh McLane and associate Michael Alcan; antitrust & competition partner Carla Hine and associate Kelsey Laugel; technology & IP transactions partner Seth Traxler and associate Adine Mitrani; employee benefits partner Matthew Antinossi; labor & employment partners Edward Holzwanger and Madeline Klebanov and associate Melissa Soares; and executive compensation partner Michael Krasnovsky.

Involved fees earner: Michael Alcan – Kirkland & Ellis; Matthew Antinossi – Kirkland & Ellis; Shawn Bagdasarian – Kirkland & Ellis; Michele Cumpston – Kirkland & Ellis; Kristen Derhaag – Kirkland & Ellis; Liam Gallagher – Kirkland & Ellis; Carla Hine – Kirkland & Ellis; Edward Holzwanger – Kirkland & Ellis; Andrew Hurley – Kirkland & Ellis; Madeline Klebanov – Kirkland & Ellis; Michael Krasnovsky – Kirkland & Ellis; Kelsey Laugel – Kirkland & Ellis; Russell Light – Kirkland & Ellis; Josh McLane – Kirkland & Ellis; Hamed Meshki – Kirkland & Ellis; Adine Mitrani – Kirkland & Ellis; David Nemecek – Kirkland & Ellis; Melissa Soares – Kirkland & Ellis; Seth Traxler – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Oaktree Capital Management;

Author: Ambrogio Visconti