One month after launching in Austin, Kirkland & Ellis is expanding its private equity offerings there with the addition of a senior dealmaker from Baker Botts. John Kaercher is joining Kirkland as a partner after serving as a co-chair of Baker Botts’ private equity pillar, his new firm announced Thursday.

In addition to advising a range of energy and technology-focused clients, he represented television network Starz when it was bought by Lions Gate Entertainment Corp in a $4.4 billion cash-and-stock deal in 2016. He also represented NASCAR Holdings Inc in its $2 billion acquisition of International Speedway Corp in 2019.

“There‚Äôs no brand better than Kirkland for private equity,” said Kaercher, who described the Chicago-founded firm as the only one that could have convinced him to leave Baker Botts.

Read more/Source: Reuters