Kirkland & Ellis advised H.I.G. Capital, a leading global alternative investment firm, and its portfolio company, Buck, on the sale of Buck to Arthur J. Gallagher & Co. (NYSE: AJG). Buck is a leading provider of retirement plan consulting services with a growing presence in health and welfare consulting, employee communications and engagement consulting and technology-enabled benefits administration services. Buck’s more than 1,000 clients include large global corporations, mid-market and regional companies and governmental agencies throughout North America and Europe. The transaction closed on April 3, 2023.

The Kirkland team was led by corporate partner Michele Cumpston, with assistance from corporate partner Jeffrey Seifman and associate Guirgis Nasief and tax partners Lee Morlock and David Morris.