Back

Kirkland Advises Hello Sunshine on Majority Investment from Media Company Backed by Kevin Mayer, Tom Staggs, and Blackstone

Kirkland & Ellis counseled Hello Sunshine, the mission-driven media company that puts women at the center of every story it creates, founded by Reese Witherspoon in 2016, which agreed to a majority investment from a newly formed company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by Blackstone, a leading global investment business. Reese Witherspoon and Hello Sunshine’s existing senior management team, led by CEO Sarah Harden, will continue to oversee Hello Sunshine’s day-to-day operations and remain significant equity holders in the business. Under the terms of the agreement, Witherspoon and Harden will join the new media company’s board.

Read Blackstone’s press release

The Kirkland team was led by corporate partners Rick Madden and Monica Shilling and associates Anum Chaudhry and Alex Blaznik.

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.

From Legal Desire

Is your firm the one being cited, or the one being skipped?

We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.

Lawyers and firms: get featured on Legal Desire

Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.

Get featuredSubmit a press release
See the full deal record on DealDatabase
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
Legal Desire Press
https://legaldesire.com/about-us/
Our editorial team that covers judgments, deals, law firm updates, careers and policy across the globe. Coverage is editorially independent; sponsored posts are labeled Partner Content.

Leave a Reply