Kirkland Advises Stellex Capital Management on Continuation Vehicle for Fenix Parts

Kirkland & Ellis advised middle-market private equity firm Stellex Capital Management on a single-asset continuation vehicle that has acquired interests in recycler and reseller of original equipment manufacturer automotive parts Fenix Parts. The transaction will provide follow-on capital with the aim of driving organic growth initiatives, supporting the continued execution of Fenix's prospective M&A pipeline and capitalizing on the progress of strategic initiatives.

Read the transaction press release

The Kirkland team was led by investment funds partners Mark Boyagi and Kevin Lam and associate Alex Roggio.