Experience

• • White Cap, a CD&R portfolio company, in its offering of $650 million aggregate principal amount of 7.375% senior unsecured notes due 2030 and the concurrent amendment and extension of the maturity date of its existing $1.5 billion asset-based revolving credit facility and $50 million cash flow-based revolving credit facility.
  • Brighthouse Financial in the financing aspects of its approximately $4.1 billion sale to Aquarian Capital, a diversified global holding company.
  • Warner Bros. Discovery in the financing aspects of its review of strategic alternatives to maximize shareholder value, as the company continues to advance its previously announced separation of Warner Bros. and Discovery Global.
  • Ad hoc group of term lenders to Gabriel Brothers, Inc. (d/b/a Gabe’s) in the financing aspects of a transaction under which the ad hoc group exchanged debt for equity and became majority owners of Gabe’s.
  • International Paper in the financing aspects of its sale of its Global Cellulose Fibers business for $1.5 billion, including the issuance of preferred stock with an aggregate initial liquidation preference of $190 million, to American Industrial Partners.
  • BradyPLUS, a leading provider of janitorial and sanitation products, in the financing aspects of its merger with Imperial Dade, a leading distributor of foodservice packaging.
  • URW in the financing aspects of its sale of retail concessions in certain terminals at New York JFK, Los Angeles LAX and Chicago ORD airports to ASUR for an enterprise value of $295 million.
  • TPG and its portfolio company, Q-Centrix, a leading enterprise clinical data management platform, in the financing aspects of the sale of Q-Centrix to MRO, a healthcare clinical data exchange company.
  • Warner Bros. Discovery in the financing aspects of separating the company into two publicly traded companies: Streaming & Studios and Global Networks.
  • CRC Group, a Clayton, Dubilier & Rice and Stone Point Capital portfolio company, in the financing aspects of its acquisition of ARC Excess & Surplus, a specialty wholesale broker.
  • TowerBrook in the debt financing aspects of its majority equity investment in Berkeley Research Group.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition, together with TowerBrook Capital Partners, of R1 RCM.
  • Coller Capital in the financing aspects of its role as lead investor in the formation of Abry Partners’ $1.6 billion Continuation Fund, Abry Advanced Securities Fund III.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition, together with Stone Point Capital, of Truist Insurance Holdings, a subsidiary of Truist Financial Corporation, at an enterprise value of $15.5 billion.
  • Kelso & Company and its portfolio company, BradyIFS, in the financing aspects of the merger of BradyIFS and Envoy Solutions, which includes a new strategic and financial partnership with Warburg Pincus and its affiliate funds.
  • Certain holders of second lien term loans issued by Integro Parent Inc., part of Tysers Insurance Brokers, Ltd., a leading Lloyds independent broker, in a transaction under which AUB Group Limited will acquire Tysers from Odyssey Investment Partners for $615.2 million.
  • Discovery, Inc. in the offering of $30 billion of senior unsecured notes in the acquisition of WarnerMedia.
  • H.I.G. Capital, a leading global alternative investment firm in its acquisition of a majority stake in Grupo Ransa, a leading third party logistics operator in the Andean Region and Central America.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of PwC’s Global Mobility Tax and Immigration Services practice, the global leader in employee tax, immigration, business travel, cross-border managed services, and payroll solutions to multinational organizations and their employees.
  • Electrical Components International, a Cerberus Capital Management portfolio company and leading wire harness, electrical components, and sub-assembly supplier for the diversified industrial markets, in the financing aspects of its acquisition of Omni Connection International.
  • Discovery, Inc. in the financing aspects of the acquisition of WarnerMedia from AT&T in a Reverse Morris Trust transaction that values the combined entity at approximately $130 billion.
  • Assurant in the financing aspects of the $1.3 billion sale of its Global Preneed business to CUNA Mutual Group.
  • Domtar in the financing aspects of the $920 million sale of its personal care business to American Industrial Partners.
  • Kelso & Company in the financing aspects of its acquisition of a majority stake in Refresh Mental Health.