Experience

• • Clayton, Dubilier & Rice in the financing aspects of its acquisition, together with TowerBrook Capital Partners, of R1 RCM.
  • PetSafe Brands, a Clayton, Dubilier & Rice portfolio company, in the $925 million refinancing of existing debt facilities.
  • S&S Activewear, a Clayton, Dubilier & Rice portfolio company, in its acquisition of alphabroder, including a financing of $1.175 billion, consisting of a $600 million senior secured notes offering, $575 million pari senior first lien secured term loans and an upsize to the ABL credit agreement to a total $800 million facility.
  • Shearer’s Foods, a Clayton, Dubilier & Rice portfolio company, in its offering of $450 million of Senior Notes due 2032.
  • Veritiv, a Clayton, Dubilier & Rice portfolio company, on the financing for its acquisition of Orora Packaging Solutions, the North American packaging and distribution business of Orora.
  • Clayton, Dubilier & Rice and Epicor Software Corporation, a global provider of industry-specific enterprise software, in the financing aspects of the sale of a significant ownership position in Epicor to CVC, a global private markets manager.
  • Wilsonart, a Clayton, Dubilier & Rice portfolio company and engineered surfaces company, in its $1.8 billion refinancing consisting of a $1.1 billion Senior Secured Term Loan Facility, $500 million senior notes offering and $250 million Senior Secured Revolving Facility.
  • Valenz Health, a Kelso & Company portfolio company and platform of integrated cost containment and payment integrity solutions, in the financing aspects of its acquisition of Healthcare Bluebook, a healthcare cost and quality navigation platform.
  • Artera Services and Clayton, Dubilier & Rice in the $2 billion comprehensive refinancing for Artera.
  • Clayton, Dubilier & Rice and its indirect subsidiary Fiesta Purchaser, in $2 billion of financing of Clayton, Dubilier & Rice’s acquisition of Shearer’s Foods.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of a significant ownership position in Foundation Building Materials, a specialty building products distributor.
  • Cynosure, a Clayton, Dubilier & Rice portfolio company and provider of medical aesthetic treatment systems, in the financing aspects of its strategic combination with Lutronic, a provider of intelligent laser and energy-based systems.
  • Clayton, Dubilier & Rice, and its indirect subsidiary Verde Purchaser, in $2.125 billion of financing for CD&R’s $2.6 billion acquisition of Veritiv Corporation.
  • Prosperity Life Group, an innovative insurance, reinsurance, and asset management company, in the financing aspects of its acquisition of National Western in a transaction valued at approximately $1.9 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.
  • Kelso & Company in the financing aspects of its investment in Valenz.
  • Kelso & Company in the financing aspects of its investment in Pathstone, an independently operated, partner-owned advisory firm offering comprehensive family office services.
  • Gentiva, a Clayton, Dubilier & Rice portfolio company and leading hospice, palliative, and personal care company, in the financing aspects of its acquisition of Heartland hospice and home care.
  • Providence Equity Partners in the financing aspects of its investment in a multi-decade lease for nine marquee billboards at Two Times Square and 1600 Broadway from Universal Branding Group.
  • M&T Bank Corporation in the financing aspects of the sale of its Collective Investment Trust business to Madison Dearborn Partners.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition, together with Greenbriar Equity Group, of Paradigm Precision and Whitcraft Group and the merger of the two companies.
  • Providence Equity Partners in the financing aspects of its minority investment of up to $500 million in the formation of The North Road Company.
  • Kelso & Company in the financing aspects of its strategic investment in WilliamsMarston, a leader in complex accounting, tax and valuation advisory services.
  • Kelso & Company and its portfolio company, Eagle Family Foods Group, in the financing aspects of their acquisition of General Mills’ Helper main meals and Suddenly Salad side dishes businesses, in a transaction valued at approximately $610 million.
  • Clayton, Dubilier & Rice and TPG in the financing aspects of their $4 billion take-private of Covetrus, a global animal-health technology and services company.
  • Kelso & Company in the financing aspects of its acquisition of a majority interest in Inovar Packaging Group, a full-service provider of pressure sensitive labels, shrink sleeves and flexibles for a wide range of industries.
  • Qatar Investment Authority in the financing aspects of its $375 million co-investment in Elon Musk’s take private acquisition of Twitter.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of a 60% interest in Humana’s Kindred at Home Hospice and Personal Care divisions, valued at $3.4 billion.
  • Kelso & Company in the financing aspects of its acquisition of a majority interest in ReSource Pro, a market leader in business process solutions for the P&C insurance industry.
  • S&S Activewear in the financing aspects of its acquisition of TSC Apparel, a leading national distributor of blank apparel and accessories.
  • 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.
  • Clayton, Dubilier & Rice and Solenis in the financing aspects of the sale of Solenis to Platinum Equity at an implied enterprise value of $5.25 billion.
  • Clayton, Dubilier & Rice in the financing aspects of its $6 billion acquisition and subsequent combination of Fort Dearborn and Multi-Color Corporation, to create the world's largest label solutions company.
  • Kelso & Company in the financing aspects of its acquisition of a majority interest in C.L. Smith and its combination of C.L. Smith with Inmark.
  • Artera, a Clayton, Dubilier & Rice portfolio company and one of the nation’s largest providers of integrated infrastructure services to natural gas and electric industries, in the financing aspects of its acquisition of Feeney Utility Services Group.
  • Lannett Company in its $585 million comprehensive refinancing.
  • Kelso & Company in the financing aspects of its acquisition of Ferraro Foods, a specialty foodservice distributor.
  • Clayton, Dubilier & Rice and Capco in the financing aspects of the $1.45 billion sale of Capco to Wipro.
  • Carlyle in the financing aspects of its sale of MedRisk to CVC Capital Partners.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of S&S Activewear, a leading North American distributor of imprintable apparel and accessories.
  • Nassau Financial Group, a Golden Gate Capital portfolio company, in the financing aspects of the issuance of $100 million of non-cumulative perpetual preferred equity to Wilton Re and Stone Point Credit.
  • Kelso & Company in the financing aspects of its investment in Inmark.
  • Individual FoodService, a Kelso & Company portfolio company, in the financing aspects of its merger with Brady Industries.
  • Kelso & Company in the financing aspects of its acquisition of a majority stake in Refresh Mental Health.
  • Kelso & Company and US LBM in the financing aspects of Bain Capital Private Equity’s acquisition of a majority interest in US LBM.
  • Foundation Consumer Brands, a Kelso & Company portfolio company, in the financing aspects of its acquisition of seven over-the-counter brands from GSK Consumer Healthcare.
  • Steven Cohen and Cohen Private Ventures in the financing aspects of the $2.4 billion acquisition of the New York Mets.
  • Gogo, the leading inflight Internet company, in the financing aspects of the successful sale of its commercial aviation business to Intelsat, which was in Chapter 11 at the time of the transaction.
  • Clayton, Dubilier & Rice in the financing aspects of its $4.7 billion acquisition of Epicor Software, a global provider of cloud-based, industry-specific Enterprise Resource Planning software to industrial-focused sectors.
  • Artera, a Clayton, Dubilier & Rice portfolio company and one of the nation’s largest providers of integrated infrastructure services to natural gas and electric industries, in the financing aspects of its acquisition of Otis Eastern Service.
  • The Special Committee of Liberty Broadband in the financing aspects of Liberty Broadband’s $10.59 billion acquisition of GCI Liberty.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of Radio Systems Corporation, a market-leading provider of innovative pet product solutions.
  • Morgan Stanley Capital Partners and Pathway Vet Alliance in the financing aspects of the sale of a majority stake in Pathway to TSG Consumer Partners.
  • DoubleVerify, a Providence Equity Partners portfolio company and a leading software platform for digital media measurement and analytics, in DoubleVerify’s new senior secured revolving loan facility and the refinancing of its existing debt facilities.
  • PowerTeam Services, a Clayton, Dubilier & Rice portfolio company, in the financing aspects of its purchase of Miller Pipeline and Minnesota Limited for $850 million in cash.
  • Kelso & Company in the financing aspects of its acquisition of a majority equity interest in Individual FoodService from Sole Source Capital.
  • Clayton, Dubilier & Rice and BrandSafway in the financing aspects of Brookfield’s $1.3 billion investment in BrandSafway.
  • Core & Main, a Clayton, Dubilier & Rice portfolio company, in its $300 million offering of senior unsecured PIK toggle notes to fund a distribution to holders of common units.
  • OEConnection (OEC) and Providence Equity in the financing aspects of the sale of a majority stake in OEC to Genstar Capital.
  • Morgan Stanley Capital Partners in the financing aspects of its acquisition of Impact Fitness, a franchisee of Planet Fitness and formerly a Bain Capital portfolio company.
  • Gogo in the offering and sale of $925 million in aggregate principal amount by Gogo Intermediate Holdings and Gogo Finance Co., each wholly-owned subsidiaries of Gogo, of their 9.875% senior secured notes due 2024.
  • Sirius Computer Solutions, a leading IT solutions integrator, and its majority owner, Kelso & Company, in the financing aspects of the sale of a majority equity interest in Sirius to Clayton, Dubilier & Rice.
  • Vets First Choice in the financing aspects of its merger with the Henry Schein Animal Health business to create Covetrus, a new standalone public company.
  • Blackstone’s Tactical Opportunities Group in the financing aspects of its strategic minority investment in Annexus, a leading designer of annuities and insurance-based retirement products.
  • Tribune Media Company in the financing aspects of its $6.4 billion sale to Nexstar Media.
  • Dealer Tire in the financing aspects of a significant investment by Bain Capital Private Equity.
  • Kelso & Company in the financing aspects of its sale of PowerTeam Services to Clayton, Dubilier & Rice.
  • Risk Strategies, a Kelso & Company portfolio company, in the financing aspects of its acquisition of Oxford Risk Management, an established leader in alternative risk and captive insurance and consulting.
  • Clayton, Dubilier & Rice in the financing aspects of its joint investment with Cardinal Health in naviHealth, the largest manager of post-acute benefits for health plans and a leading value-based care partner to health systems and providers.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of a majority interest in American Greetings.
  • Solenis, a Clayton, Dubilier & Rice portfolio company, in the financing aspects of its combination with BASF's paper and water chemicals business.
  • Morgan Stanley Investment Management in the financing aspects of its acquisition of Manna Pro, a leading producer of nutritional supplements and other animal products, from Carlyle.
  • Ambac Assurance Corporation, a Wisconsin domiciled insurance company, in a holistic restructuring transaction that involved three exchange offers of existing debt securities and other payment obligations for approximately $2.2 billion of newly issued debt securities, as well as a new-money financing collateralized by the future proceeds of certain litigation claims against RMBS originators.
  • EIG in the financing aspects of the formation of a joint venture with FS Investments to manage the $4 billion FS Energy and Power Fund.
  • Time Inc. in the financing aspects of its $2.8 billion sale to Meredith.
  • AmTrust Financial Services in the financing aspects of a strategic transaction with Madison Dearborn for a portion of AmTrust's U.S. fee businesses valued at $1.15 billion.
  • CoAdvantage, a portfolio company of Morgan Stanley Private Equity, in the financing aspects of its acquisition of Progressive Employer Management Company.
  • TruGreen Holding Corporation in an $800 million incremental First Lien Term loan and Dividend Recapitalization transaction.
  • Verizon in the $10.54 billion sale of its local wireline operations in California, Florida and Texas to Frontier Communications.
  • Tribune Media Company in the financing aspects of its $6.6 billion sale to Sinclair Broadcast Group. (Terminated)
  • Clayton, Dubilier & Rice and Brand Energy and Infrastructure Services in the merger of Brand Energy and Safway Group, forming the leading global industrial service business with over $5 billion in revenue.
  • Tribune Media in the refinancing of its $3.773 billion term loan facility and its $1.1 billion offering of 5.875% senior notes due 2022.
  • Hewitt Associates in the financing aspects of its $4.9 billion merger with Aon Corporation.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of a 42.5% stake in Univar, a global distributor of commodity and specialty chemicals, in a sponsored recapitalization transaction valuing Univar at $4.2 billion.
  • Brand Energy and Infrastructure Services, a Clayton, Dubilier & Rice portfolio company, in its $3.325 billion secured credit facility and $700 million offering of senior unsecured notes in connection with the combination of Brand Energy and Safway Group.
  • Clayton, Dubilier & Rice in the financing aspects of its $3.2 billion acquisition of Emergency Medical Services Corporation.
  • Tribune Media Company in its $2.7 billion acquisition of Local TV Holdings.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisitions of Brand Energy and Harsco Infrastructure in a combined transaction valued at $2.5 billion.
  • Hertz in the financing aspects of its $2.5 billion spin-off of its equipment and rental business.
  • Booz Allen Hamilton, a Carlyle portfolio company, in its $2.25 billion leveraged recapitalization.
  • Clayton, Dubilier & Rice in its $1.075 billion secured term loan facility, $500 million ABL facility and $500 million offering of senior unsecured notes in connection with its acquisition of HD Supply’s Waterworks Division, the largest distributor of waterworks products in the U.S.
  • CF Corporation and Blackstone in the financing aspects of the $1.835 billion acquisition of Fidelity & Guaranty Life.
  • Booz Allen Hamilton, a Carlyle portfolio company, in the refinancing of its $1.58 billion term loan credit facility.
  • Lannett in the financing aspects of its acquisition for $1.23 billion in cash, plus additional contingent consideration, of Kremers Urban Pharmaceuticals, the U.S. specialty generic pharmaceuticals subsidiary of global biopharmaceuticals company UCB.
  • Booz Allen Hamilton, a Carlyle portfolio company, in the $1.2 billion refinancing of its senior secured and mezzanine credit facilities.
  • Altegrity and Providence Equity Partners in the financing aspects of their $1.13 billion acquisition of Kroll from Marsh & McLennan.
  • Syniverse, a Carlyle portfolio company, in the $1.1 billion refinancing of its senior secured credit facilities.
  • Clayton, Dubilier & Rice in the financing aspects of its $1.05 billion acquisition of David's Bridal.
  • Clayton, Dubilier & Rice in the financing aspects of its $1.1 billion acquisition of a majority ownership stake in Wilsonart International Holdings, the decorative surfaces unit of Illinois Tool Works.
  • Sawai Pharmaceutical in the financing aspects of its $1.5 billion acquisition of the generic pharmaceuticals business of Upsher-Smith Laboratories.
  • Booz Allen Hamilton, a Carlyle portfolio company, in its $1.0 billion refinancing of its secured credit facilities.
  • American Securities and P2 Capital Partners in the financing aspects of their $855 million acquisition of Blount International.
  • Clayton, Dubilier & Rice in the financing aspects of its $650 million acquisition of Capco, FIS’s management consulting business.
  • Syniverse, a Carlyle portfolio company, in the financing aspects of its €550 million acquisition of MACH.
  • Blount International, an American Securities and P2 Capital Partners portfolio company, in the refinancing of its $471.4 million term loan facility.
  • Clayton, Dubilier & Rice as sponsor in Atkore International's $410 million offering of 9.875% senior secured notes due 2018.
  • NCI Building Systems in its $245 million acquisition of CENTRIA.
  • American Seafoods, the largest harvester of wild-caught fish for human consumption in the United States, in its completed deleveraging recapitalization.
  • Apex Fund Services in the financing aspects of its sale to Genstar Capital, a leading middle-market private equity firm.
  • Blackstone Group’s Tactical Opportunities Group in the financing aspects of its acquisition of Philadelphia Financial Group from Tiptree Financial.
  • Brand Energy & Infrastructure Services in the financing aspects of its buyout of Harsco Corporation’s 26% interest in Brand, a leading single-source provider of specialized industrial services to the worldwide energy and infrastructure sectors.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of Carestream Dental, the digital dental business of Carestream Health.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of a controlling stake in Drive DeVilbiss Healthcare, a global manufacturer of medical products.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of a 60% stake in Hussmann International, a leading global manufacturer of refrigerated display merchandizing equipment and refrigeration systems for the retail food industry, from Ingersoll Rand.
  • Dealer Tire in its receipt of a significant investment by Lindsay Goldberg and redemption of TA Associates’ ownership interests.
  • J.C. Flowers in the financing aspects of its acquisition of AmeriLife Group.
  • Kelso & Company in the financing aspects of its acquisition of PowerTeam Services, a provider of infrastructure services to the gas and electric utility industry.
  • Kelso & Company in the financing aspects of its acquisition of Sirius Computer Solutions, a leading national IT solutions integrator.
  • Morgan Stanley Private Equity in the financing aspects of its acquisition of Access Cash, a Canadian independent service organization that manages the country's second largest network of automated teller machines.
  • Morgan Stanley Private Equity in its acquisition of CoAdvantage, a leading Professional Employer Organization.
  • Morgan Stanley Private Equity in its investment in Pathway Partners, a leading veterinary hospital owner and operator.
  • PowerTeam Services in an incremental facility under its existing credit agreement on PowerTeam’s acquisition of the assets of CMC Holdings.
  • Providence Equity Partners in its acquisition from General Motors and Ford of a majority stake in OEConnection, the established market leader in cloud-based technology solutions that facilitate the efficient location, sale, distribution and dynamic pricing of automotive parts.
  • Tribune Media Company in its spin-off of Tribune Publishing Company.
  • TruGreen, a Clayton, Dubilier & Rice portfolio company, and CD&R in TruGreen’s merger with Scotts LawnService.