Kirkland & Ellis LLP

12/16/2025 | Press release | Distributed by Public on 12/16/2025 16:32

Kirkland Advises Blackstone on Investment in Databricks

Kirkland & Ellis advised Blackstone on its participation in a Series L investment in Databricks, the Data and AI company. Databricks announced on December 16, 2025 that it had raised more than $4 billion in the investment, valuing the company at $134 billion. The round was led by Insight Partners, Fidelity Management & Research Company, and J.P. Morgan Asset Management. This new investment builds on Databricks' accelerating financial results and underscores the company's vision to make data and AI accessible to all organizations.

Read the transaction press release

The Kirkland team included corporate lawyers Peter Martelli, Chris Burwell, Emily Hong and Siddharth Rai; tax lawyers Mike Beinus and Vivek Ratnam; and technology & IP transactions lawyer Shellie Freedman.

Kirkland & Ellis LLP published this content on December 16, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 16, 2025 at 22:33 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]