Kirkland & Ellis counseled Riggs Distler & Company, Inc. and its affiliates on its decision to be sold to Southwest Gas Holdings, Inc.’s (NYSE: SWX) wholly-owned subsidiary, Centuri Group, Inc. Under the terms of the transaction, Centuri will acquire a 100 percent ownership interest in Riggs Distler for $855 million in cash subject to customary adjustments, including working capital. The all-cash purchase is expected to be fully funded by new Centuri debt.
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