Kirkland & Ellis Advises Blackstone on Databricks Series L Investment

"Kirkland & Ellis advised Blackstone on its participation in Databricks' Series L financing. Databricks announced on December 16, 2025 that it raised more than $4 billion at a $134 billion valuation. The round was led by Insight Partners, Fidelity Management & Research Company and J.P. Morgan Asset Management."

Kirkland & Ellis advised Blackstone on its participation in Databricks' Series L investment. Databricks, the Data and AI company, announced on December 16, 2025 that it had raised more than $4 billion in the financing, valuing the company at $134 billion. The round was led by Insight Partners, Fidelity Management & Research Company, and J.P. Morgan Asset Management. This new investment builds on Databricks' accelerating financial results and underscores the company's vision to make data and AI accessible to all organizations. Kirkland & Ellis represented Blackstone with a team composed by: corporate lawyers Chris Burwell, Peter Martelli, Emily Hong and Siddharth Rai; tax lawyers Mike Beinus and Vivek Ratnam; and technology & IP transactions lawyer Shellie Freedman.

Kirkland & Ellis Advises Blackstone on Databricks Series L Investment

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