Simpson Thacher represented J.P. Morgan Securities LLC as financial advisor to Tower International, Inc. (NYSE: TOWR) in connection with its announced acquisition by Autokiniton Global Group (“AGG”), a portfolio company of KPS Capital Partners, for $31 per share in cash in a transaction valued at approximately $900 million. Tower International is a leading manufacturer of […]
Credit Suisse is serving as UGI’s financial advisor and Latham & Watkins LLP is serving as legal counsel. Wells Fargo Securities, LLC acted as exclusive financial advisor to TC Energy in connection with the sale of its wholly-owned subsidiary Columbia Midstream Group, LLC. UGI Corporation (NYSE: UGI) announced that its subsidiary, UGI Energy Services, LLC, […]
Davis Polk advised the dealer managers in connection with Ensco Rowan plc’s (“Ensco”) $723 million cash tender offer. The offer consisted in 4.50% senior notes due 2024, 5.20% senior notes due 2025 and 8.00% senior notes due 2024 of Ensco, the 7.20% senior notes due 2027 of Ensco International Incorporation and the 4.75% senior notes […]
Paul, Weiss represented AmTrust Financial Services in the sale of AmTrust Mobile Solutions Singapore Pte. Ltd. to Crystal Atlas Limited, a subsidiary of Pacific Century Group. AmTrust Mobile Solutions Pte. is a Singapore-based third-party administrator of protection plans and extended warranties for mobile phones in Malaysia, Indonesia, India and the Philippines. Pacific Century Group Holdings […]
Fenwick & West represented Kyndi in the transaction. Founded in 2014, Kyndi is an artificial intelligence company building the first explainable AI platform for government, financial services and life sciences. The round was led by Intel Capital, with participation from UL Ventures, PivotNorth Capital and existing investors. The new funding will be used to expand […]
Simpson Thacher represented Blackstone in the approximately $1.2 billion acquisition of two major office towers in Seattle from Ivanhoe Cambridge and its partners, and the financings related thereto. Wells Fargo provided the financing for Blackstone’s purchase of the Wells Fargo Center, at 999 Third Avenue, and Deutsche Bank and US Bank combined to provide the […]
Davis Polk advised RoundTable Healthcare Partners in connection with the formation of, and the sale of limited partner interests in, its fifth private equity fund complex, consisting of RoundTable Healthcare Partners V, L.P. and RoundTable Healthcare Investors V, L.P. (together, “Equity Fund V”), which raised an aggregate of $700 million in capital commitments. Equity Fund […]
Simpson Thacher represented The Carlyle Group in connection with the formation of Carlyle Global Infrastructure Opportunity Fund (“CGI”), a $2.2 billion fund that will invest globally in infrastructure assets and related businesses. Carlyle Infrastructure Fund, L.P. specializes in investments in public and private infrastructure projects and businesses. The fund seeks to invest in public and […]
Akerman LLP served as legal advisor for WM Partners. Carter Ledyard & Milburn LLP served as legal advisor for Ultima. HPH II Investments Master Fund, LP together with its related entities (“HPH II”), a private equity fund managed by WM Partners, acquired Ultima Health Products, Inc. (“Ultima”), a provider of sugar-free electrolyte hydration products based […]
Holland & Knight LLP served as legal advisor to FLEETCOR. Nomura Securities International, Inc. served as financial advisor and Ater Wynne LLP served as legal advisor to SOLE. FleetCor, based in Georgia, is a leading global business payments company that simplifies the way businesses manage and pay their expenses. SOLE Financial, a payroll card provider […]
Covington advised Argo AI, LLC in the transaction. Argo AI, LLC is a technology platform company that is working with leading automakers to deliver a fully integrated self-driving system. Volkswagen will be making a $2.6 billion investment, becoming Argo AI’s second investor and building upon a $1 billion investment from Ford Motor Company. The Volkswagen […]
Greenberg Traurig and Rabinowitz, Boudin, Standard, Krinsky & Lieberman advised on the case ???Kretek International, Inc., America’s largest importer, marketer, and distributor of specialty tobacco products, announced that the United States Trademark Office’s Trademark Trial and Appeal Board denied motions made by two Cuban state tobacco companies to dismiss Kretek’s claims for cancellation of 10 […]
