Kirkland Advises KKR on Investment in Crowe

Kirkland & Ellis advised KKR on an agreement under which funds managed by KKR will make a significant equity investment in public accounting and consulting firm Crowe Advisory LLC, becoming its first institutional capital partner. KKR's investment underscores its strong conviction in Crowe's differentiated platform, team and long-term growth potential. The investment will accelerate Crowe's existing business strategy, which is driving momentum across each of its service lines and a continued reputation for quality. The transaction was announced on June 11, 2026 and is expected to close in the third calendar quarter of 2026, subject to customary closing conditions and required regulatory approvals. KKR is making its investment in Crowe Advisory LLC through its North America Fund XIV.

Read the transaction press release

The Kirkland team included corporate lawyers Jennifer Perkins, Dan Guerin, Adarsh Varghese, Sagun Poudyal and Seung Bo Choi; tax lawyers Mike Beinus and Vivek Ratnam; debt finance lawyers Adam Shapiro and Taylor Andrews; executive compensation lawyers Rohit Nafday and Lauren Cates; capital markets lawyers Joshua Korff and Zoey Hitzert; and technology and IP transactions lawyers Aaron Lorber and Todd Herst.