Kirkland & Ellis Advises 26North Partners on Acquisition of Controlling Interest in The Middleby Residential Kitchen Business

"Kirkland & Ellis advised 26North Partners on an agreement to acquire a controlling interest in The Middleby Corporation’s Residential Kitchen business for $885 million, creating a leading platform in premium cooking, refrigeration and outdoor living. The portfolio includes brands such as Viking, AGA, Rangemaster, La Cornue, Lynx, U-Line, Kamado Joe and Masterbuilt."

Kirkland & Ellis advised 26North Partners on its agreement to acquire a controlling interest in The Middleby Corporation’s Residential Kitchen business. The transaction provides for the purchase of a controlling interest in The Middleby Corporation (NYSE: MIDD) Residential Kitchen business at a valuation of $885 million, creating a leading platform in premium cooking, refrigeration and outdoor living. Residential Kitchen’s portfolio comprises iconic, category‑defining brands across premium cooking, refrigeration and outdoor living in the U.S. and Europe, including Viking, AGA, Rangemaster, La Cornue, Lynx, U-Line, Kamado Joe and Masterbuilt. Kirkland & Ellis represented 26North Partners with a team composed by: corporate lawyers Eduardo Leal, Peter Martelli and Aseda Ghartey-Tagoe; debt finance lawyers Doug Tedeschi, Andrew Hurley and Judson Oswald; and tax lawyers Vivek Ratnam and Mike Beinus.

Kirkland & Ellis Advises 26North Partners on Acquisition of Controlling Interest in The Middleby Residential Kitchen Business

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