Kirkland & Ellis counseled Bernhard Capital Partners (BCP), Charah Solutions Inc.’s largest equity holder, in connection with a merger agreement between SER Capital Partners (SER) and Charah Solutions, a leading provider of environmental services and byproduct recycling to the power generation industry. The transaction is expected to be completed in the third quarter of 2023, after which Charah Solutions will be a wholly owned portfolio company of SER.

The Kirkland team was led by corporate partners Bill Benitez and Jennifer Gasser and associates Michael Bassi, Gabrielle Sumich and Brett Mele; debt finance partner Lucas Spivey and associate Marco Chan; capital markets partner Julian Seiguer; environmental transactions partner Ty’Meka Reeves-Sobers; and tax partners Mark Dundon and Joe Tobias.