Kirkland & Ellis advised Francisco Partners in connection with a strategic growth investment in RedSail Technologies, a premier provider of pharmacy technology and solutions, from Leonard Green & Partners. As part of the transaction, Francisco Partners, which created RedSail by combining two separate divisional carve-outs in 2020, will also reinvest in RedSail alongside management. This investment will help advance RedSail’s mission of elevating the role of pharmacy and health of its communities by building the most clinically advanced and financially sustainable pharmacy network.
The Kirkland team was led by corporate partners Sean Kramer and Michele Cumpston and associates Ryan Anderson and Ines Tzolov; debt finance partner Brian Ford; and tax partners Devin Heckman and Michael Alcan; and included investment funds partners Justin Solomon and Michael Lee.
