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Kirkland Advises Bain and Diversey on Sale of Company to Solenis for $4.6 Billion

Kirkland & Ellis counseled Bain Capital and Diversey Holdings, Ltd. (NASDAQ: DSEY) on Diversey’s definitive merger agreement with Solenis, a portfolio company of Platinum Equity, to acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Upon completion of the merger, Diversey will become a private company. Bain, which invested in Diversey in 2017 and subsequently took the company public in 2021, is currently the largest shareholder of Diversey.

The Kirkland team was led by corporate partners Christopher Thomas, Sarkis Jebejian and Andrew Struckmeyer and associates Frankie Gregg, Elizabeth Garai and Lauren Fiotakis; capital markets partners Brad Reed, Alex Schwartz and A.J. Million; tax partners Mike Carew and Steve Cantor; and debt finance partners Michelle Kilkenny and Carolyn Aiken.

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Rabiya Singh
Rabiya Singh

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