Kirkland & Ellis clinched its latest large M&A deal on Wednesday as London-based private equity client Pamplona Capital Management acquired the largest laundry equipment service provider in the United States, as well as a leading automobile tire inflation service, in a deal valued at $1.4 billion.
Kirkland, which saw gross revenue jump 11 percent to nearly $2 billion and profits per partner rise another 6.5 percent to $3.25 million in 2012, is the subject of a feature story in the current issue of The American Lawyer that touches on its bid to grab high-end M&A work by competing for big deals and lateral hires with perennial market leaders Cravath, Swaine & Moore, Latham & Watkins, and Skadden, Arps, Slate, Meagher & Flom.
