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Kirkland says it advises H.I.G. on agreed $1.05 billion General Datatech sale
Kirkland & Ellis announced that it had represented H.I.G. Capital on an agreement to sell General Datatech to Softcat. The firm said the transaction valued the IT-services business at $1.05 billion on an enterprise-value basis and was expected to close by the end of the first quarter of 2027.
Key points
- Kirkland said completion remained subject to customary closing conditions.Kirkland & Ellis
- The firm named Michele Cumpston and Joe Porter on the corporate team.Kirkland & Ellis
- The announcement also identified Jane Guo and Emma Cornell as corporate advisers.Kirkland & Ellis
- Kirkland said Anne Kim and Matthew Wahlquist advised on tax.Kirkland & Ellis