Christopher Thomas, Sarkis Jebejian, Andrew Struckmeyer, Frankie Gregg, Elizabeth Garai, Lauren Fiotakis, Josefin Sjöström, Brad Reed, Alex Schwartz, A.J. Million, Mike Carew, Steve Cantor, Michelle Kilkenny, Carolyn Aiken
January 24, 2026
Kirkland Advises Bain and Diversey on Sale of Company to Solenis for $4.6 Billion
1 min
AI-made summary
- Kirkland & Ellis advised Bain Capital and Diversey Holdings, Ltd
- on Diversey’s definitive merger agreement with Solenis, a Platinum Equity portfolio company, for an all-cash transaction valued at approximately $4.6 billion in enterprise value
- Following the merger, Diversey will become a private company
- Bain Capital, which invested in Diversey in 2017 and took it public in 2021, is currently Diversey’s largest shareholder.
Kirkland & Ellis counseled Bain Capital and Diversey Holdings, Ltd. (NASDAQ: DSEY) on Diversey’s definitive merger agreement with Solenis, a portfolio company of Platinum Equity, to acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Upon completion of the merger, Diversey will become a private company. Bain, which invested in Diversey in 2017 and subsequently took the company public in 2021, is currently the largest shareholder of Diversey. Read Diversey’s press release The Kirkland team was led by corporate partners Christopher Thomas, Sarkis Jebejian and Andrew Struckmeyer and associates Frankie Gregg, Elizabeth Garai, Lauren Fiotakis and technology & IP associate Josefin Sjöström; capital markets partners Brad Reed, Alex Schwartz and A.J. Million; tax partners Mike Carew and Steve Cantor; and debt finance partners Michelle Kilkenny and Carolyn Aiken.
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Christopher Thomas, Sarkis Jebejian, Andrew Struckmeyer, Frankie Gregg, Elizabeth Garai, Lauren Fiotakis, Josefin Sjöström, Brad Reed, Alex Schwartz, A.J. Million, Mike Carew, Steve Cantor, Michelle Kilkenny, Carolyn Aiken
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