Kirkland & Ellis is advising Esker on a proposed cash public tender offer for its shares by Bridgepoint, in collaboration with General Atlantic and Esker's management shareholders. The acquisition will be executed through a French-law special purpose vehicle. The offer values Esker's entire share capital at approximately 1,621 million euros on a fully diluted basis.

This tender offer agreement outlines the terms and conditions for the acquisition. Bridgepoint, a private equity firm, is leading the transaction with support from General Atlantic, a global growth equity firm, and Esker's management shareholders.

The deal signifies a significant valuation for Esker, reflecting its market position and growth potential. The involvement of prominent firms like Bridgepoint and General Atlantic underscores the strategic importance of this acquisition.

Kirkland & Ellis's role as an advisor highlights their expertise in handling complex transactions. This move is expected to have substantial implications for Esker's future operations and market strategy.

In related news, Baker McKenzie has been active in advising on various deals, including RS Group's divestment of music catalog assets to Universal Music Group and Privatbank IHAG's sale to Vontobel. They also advised B+G Schweiz AG on acquiring Garten Holenstein AG and Mayfair Equity Partners on a 35 million euro investment in BizAway.

Additionally, A&O Shearman advised on the first issuance of green bonds by PKO Bank Polski, indicating a trend towards sustainable finance.

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