Kirkland Advises KKR on Strategic Investment in MLS NEXT Pro

Kirkland & Ellis advised global investment firm KKR on a strategic investment to accelerate the growth of MLS NEXT Pro, MLS's professional development league. In connection, MLS and funds managed by KKR have formed Hometown Soccer Holdings ("HSH"), a new platform created to support the evolution of MLS NEXT Pro. Kirkland is also advising HSH. The partnership will serve as MLS NEXT Pro's commercial engine, supporting stadium development in new communities, creating new club brands for MLS-affiliated teams, and enhancing the fan experience through high-energy matchday environments at fan-friendly venues with distinct local identities. The investment will support the growth of the sport and the reach of MLS NEXT Pro.

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The Kirkland team included corporate lawyers Frank Saviano, Lee Blum, Jennifer Perkins and Alice Billmire; tax lawyers Adam Kool and Mike Beinus; technology & IP transactions lawyer Bernadette Coppola; and executive compensation lawyer Rohit Nafday.