Kirkland Advised Purchasing Power on Sale to PROG Holdings

Kirkland Advised Purchasing Power on Sale to PROG Holdings

Kirkland & Ellis is advised Purchasing Power, a leading provider of voluntary employee benefit programs, on its sale to PROG Holdings, Inc., the fintech parent company of Progressive Leasing, Four Technologies and Build. The transaction was announced on December 1, 2025.

The Kirkland team included Mark Fennell (Partner/ Mergers & Acquisitions/ Private Equity), Justin Joffe (Partner/ Mergers & Acquisitions/ Private Equity) and Zach Prociuk (Associate/ Mergers & Acquisitions/ Private Equity); and Polina Liberman (Partner/ Tax).

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