Kirkland & Ellis advised Forward Consumer Partners on a partnership with tortilla chip and salsa maker Xochitl, LLC. The transaction was announced May 21, 2024. Carlos Salinas, Xochitl’s founder, CEO and Chairman Emeritus, will retain a 50% interest in the company going forward. Xochitl marks the second acquisition from Forward’s $425 million Fund I, which was oversubscribed and closed at its hard cap in December 2023.
The Kirkland team was led by corporate partners Amanda Border and Nils Remole and associates Sydney Hood and Matt Cimini and tax partner Liam Murphy.
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