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Kirkland & Ellis advised Patient Square Capital, a dedicated health care investment firm, on the financing for its acquisition of Hanger, Inc. (NYSE: HNGR), a leading provider of orthotic and prosthetic patient care services and solutions, for a total enterprise value of $1.25 billion. The transaction is expected to close in the fourth quarter of 2022 and is subject to customary closing conditions.
The Kirkland team was led by debt finance partners Jason Kanner and Andrea Weintraub and associates Jeremy Jenkins and Ericha Penzien.
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