Milbank LLP advised leading global investment firm Sixth Street on a strategic growth equity investment of over $1 billion in Kpler, a leading provider of global physical trade intelligence data and analytics.
As part of the transaction, management will remain majority owners of the business, Insight Partners will remain a shareholder and roll a portion of its original investment, and Five Arrows will exit its position.
Founded in 2014, Kpler collects and analyzes physical asset data from a variety of proprietary and wide-ranging third-party sources to drive market transparency and deliver real-time insights to customers across commodities, maritime and defense end markets.
The Milbank team was led by partner Jordan Simpson (Corporate/Private Equity) alongside partner James McClymont and associates Drew MacDonald, Daniel Carolan, Emily Gidda, Aoibheann Harkin and Mhairi Sinclair.
Specialist advice was provided across London and Washington, DC, including from partner Alan Rafferty, special counsel Shaul Steinberg and associates Lily Teh and Max Norman (Tax) and partner Bijan Ganji, special counsel Pinky Mehta and Mark Padley and associates Lauren Trushin and Annis Easton (Sanctions).
