Kirkland Represents The Carlyle Group and Service King Collision Repair Centers in Partnership with Blackstone
Kirkland & Ellis LLP represented global alternative asset manager The Carlyle Group (NASDAQ: CG) and Service King Collision Repair Centers, which today announced a partnership with Blackstone (NYSE: BX) to recapitalize one of the largest independent U.S. chains of automobile body repair centers. The Carlyle Group, together with its co-investors and the management and employees of Service King, will retain a significant minority stake in the company. Terms of the transaction, which is expected to close during the third quarter, were not disclosed.