Weil Advised Cornell Capital-Backed kdc/one in Investment by KKR and Acquisition of Aerofil Technology, Inc.

Weil advised Cornell Capital-backed Knowlton Development Corporation (kdc/one), a global provider of innovative end-to-end solutions for beauty, personal care and home care brands, in an investment by KKR and kdc/one’s acquisition of Aerofil Technology, Inc., a provider of value-added services for aerosol and liquid manufacturing. Financial terms of the transactions were not disclosed. The transactions closed on March 30, 2022.

The Weil team that advised kdc/one was led by Private Equity partner Christopher Machera and included Private Equity associates Theodora Tavridou, Leah Whitworth (Admitted in Canada Only), Dave Rossetti (Admitted in Canada Only) and Jace Krakovitz (Not Yet Admitted in New York). The team also included Tax partner Helyn Goldstein; Tax associate Carlos Parra; Executive Compensation & Benefits partner Jennifer Britz; Executive Compensation & Benefits associate Nate Gross (Not Yet Admitted in New York); Technology & IP Transactions counsel Luis Gonzalez; Technology & IP Transactions/Privacy associates Phillip GrudzinaDavid Merck and Alex Theuer; Banking & Finance partners Andrew Colao and Jacqueline Oveissi; Banking & Finance associates Kaitlin Bond (Admitted in New York Only), Avi Tennenberg and Katie Prior; Environmental Head Annemargaret Connolly; Environmental counsel Matthew Morton; Regulatory Transactions counsel John O’Loughlin and Timothy Welch; Antitrust partner John Scribner; Antitrust counsel Michael Naughton; Antitrust associate Marie-Marie de Fays; Complex Commercial Litigation partner Susan Shin; and Complex Commercial Litigation associate Christine Calabrese.