Ropes & Gray Represents New Mountain Capital in Acquisition of ALKU
Ropes & Gray advised New Mountain Capital in its acquisition of ALKU, a provider of specialized contingent staffing and consulting services. Financial terms were not disclosed. The transaction was announced on April 25 in a press release.
New Mountain Capital is a New York-based investment firm with over $37 billion in assets under management. ALKU was founded in 2008 and has achieved close to $600 million in revenue. New Mountain's investment will support ALKU's continued growth.
The Ropes & Gray team was led by private equity partner Garrett Charon and private equity associate Dee Kuchukulla and included tax partner Adam Greenwood, labor & employment partner Richard Kidd, employment & benefits partner Danna Kivell, finance partner Arek Maczka, litigation & enforcement partner Jonathan Klarfeld, IP transactions partner Violetta Kokolus, and ESG, CSR and business & human rights partner Michael Littenberg, data, privacy, & cybersecurity counsel Kevin Angle, litigation & enforcement counsel Steve Kaye and Joseph Rafferty.