Kirkland & Ellis suggested Bain Capital Private Equity on its agreement to accumulate PartsSource, a number one on-line market for medical gear upkeep elements and providers. The funding will assist PartsSource proceed to speed up its progress trajectory, broaden its options portfolio, and increase its market platform. Financial phrases of the non-public buy from PartsSource’s present proprietor, Great Hill Partners, weren’t disclosed. The transaction is anticipated to shut within the third quarter, topic to regulatory approval and customary closing situations.
The Kirkland workforce was led by by company companion Matthew O’Brien and affiliate Ziyad Ziyadzade, together with company companion Chris Elder and associates Frankie Gregg and Jerome Hughes, and debt finance companions Melissa Hutson and Yuli Wang and affiliate Timothy Conor Hughes.