Kirkland & Ellis advised Awager Ltd., a ⁤leading‍ provider of live slot ⁢streaming technology backed by Oaktree Capital ⁢Management, on its definitive agreement to be acquired by ‍Aristocrat Leisure ⁢Limited. The transaction, announced⁤ publicly by‍ Aristocrat Leisure ⁣ on october 12,2024,is subject to standard closing⁤ conditions.

This deal marks a​ continued relationship for Kirkland & Ellis, having⁢ previously represented ‍Oaktree in its initial acquisition⁤ of Awager Ltd. in ‌June 2023.The acquisition by Aristocrat Leisure expands⁢ the gaming company’s portfolio in the rapidly growing live streaming gaming sector.

Legal ⁢team Spotlight

A multidisciplinary Kirkland & Ellis ⁢team expertly guided⁢ the transaction. Corporate counsel included Hamed Meshki,‌ Michael Chung,‌ Peter liskanich, Adam Lefkowitz, and⁤ Heather Anbar. Tax ⁣expertise was ⁢provided by Michael Beinus, Vivek Ratnam, ‌Michael‌ Paul Alcan, ⁢and Michael david Thurston. Matthew Lovell ​and ‌Joe Evans focused on technology and intellectual property transfer,‍ while Daniel Rios and David​ van den Berg addressed executive compensation⁣ matters.