Clearlake Capital’s acquisition of Perforce Software

Harris Williams served as financial advisors to Clearlake. Shea & Company served as financial advisor to Perforce and Summit Partners. Antares Capital, AllianceBernstein Private Credit and Vista Credit provided a fully underwritten facility to help finance the transaction. Kirkland counsels Clearlake Capital. Clearlake Capital Group, L.P. has acquired Perforce Software, developer of the industry’s most […]

Spirit Airlines’ $420 million offering of enhanced equipment trust certificates (EETC)

White & Case LLP has advised Morgan Stanley, Citigroup Global Markets, Inc., Goldman Sachs and Barclays, as underwriters, in the recent US$420 million offering of enhanced equipment trust certificates (EETC) by Spirit Airlines, the Florida-based ultra-low-cost carrier. The proceeds will be used by the airline to meet its financing needs for 12 Airbus aircraft scheduled […]

Starr Investment Holdings’ Acquisition of ACA Compliance Group Holdings, LLC

ACA Compliance Group is receiving legal counsel from DLA Piper. New Mountain Capital is receiving legal counsel from Kirkland & Ellis LLP. Raymond James & Associates, Inc. and Credit Suisse Securities (USA) LLC are acting as financial advisors to ACA and New Mountain. New Mountain Capital, LLC (“New Mountain”), a growth-oriented investment firm that currently […]

Peak Rock Capital Fund II LP’s $1.3 billion Fundraising

Kirkland & Ellis LLP advised Peak Rock Capital LLC, a leading middle market private equity firm, which announced that Peak Rock Capital Fund II LP, Peak Rock Capital Credit Fund II LP and their parallel funds, were over-subscribed and substantially exceeded their target of $900 million, closing at their hard cap with committed capital of […]

Alnylam Pharmaceuticals and Sanofi’s Strategic Restructuring of RNAi Therapeutics Rare Disease Alliance

Goodwin advised Alnylam Pharmaceuticals, Inc. on its strategic restructuring of its RNAi therapeutics alliance with Sanofi to streamline and optimize development and commercialization of certain products for the treatment of rare genetic diseases. Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY), the leading RNAi therapeutics company, and Sanofi announced today a strategic restructuring of their RNAi therapeutics alliance […]

Jiangsu Hengrui Medicine and TG Therapeutics’ Global License Agreement for Development and Commercialization of Novel BTK Inhibitor Program

Goodwin advised Jiangsu Hengrui Medicine as it entered into an exclusive global license agreement with TG Therapeutics. Under the terms of the agreement, Jiangsu Hengrui will receive an up-front licensing fee and near-term milestones, payable in TG common stock, and will be eligible to receive additional payments contingent on certain clinical, regulatory and commercial milestones, […]

Sungard Availability Services’ $1.275 Billion Refinancing Transactions

Simpson Thacher represented Sungard Availability Services Capital, Inc. (“SAS”) in connection with a series of refinancing transactions closing in July 2017 and January 2018, completed to extend the maturity of SAS’s senior secured credit facilities In connection with the refinancing transactions, SAS successfully extended the maturity of (i) a portion of the revolving commitments previously […]

Crown Holdings’ $3.9 Billion Acquisition of Signode Industrial Group Holdings

Dechert LLP is advising Crown Holdings, Inc., a global leader in consumer packaging, in connection with its proposed acquisition of Signode Industrial Group Holdings (Bermuda) Ltd., a leading global provider of transit packaging systems and solutions, from The Carlyle Group, in a cash transaction valued at US$3.91 billion subject to adjustment. Crown Holdings, Inc. (NYSE: […]

Francisco Partners’ Take-Private of Connecture, Inc.

The Special Committee that negotiated and recommended the transaction has retained Houlihan Lokey and Raymond James as its financial advisors and Potter Anderson & Corroon LLP as its legal advisor. DLA Piper LLP (US) is serving as legal advisor to Connecture. Francisco Partners’ legal advisor is Kirkland & Ellis LLP. Connecture, Inc. (OTCQX:CNXR), a provider […]

Industrial Logistics Properties Trust’s $480 million initial public offering

Industrial Logistics Properties Trust (Nasdaq: ILPT) announced that it has priced an initial public offering of 20,000,000 common shares of beneficial interest at $24.00 per share. The underwriters have a 30 day option to purchase up to an additional 3,000,000 shares to cover overallotments, if any. All the shares are being offered by ILPT. ILPT […]

Agenus and HealthCare Royalty Partners’ $230 Million Royalty Monetization Agreement

Goodwin represented Agenus Inc. (NASDAQ: AGEN) in its $230 million non-dilutive royalty transaction with HealthCare Royalty Partners (HCR). The transaction is comprised of $190 million of cash proceeds at closing plus up to $40 million in milestone payments. Agenus will use part of these proceeds to redeem its royalty bond from Oberland and the additional […]

Alta Marcellus Development’s $115 Million Acquisition of Ultra Petroleum’s asset

Kirkland & Ellis advised Alta Marcellus Development, LLC on the acquisition of Ultra Petroleum Corp.’s (NASDAQ:UPL) non-operated asset in the Marcellus Shale for $115 million. Ultra Petroleum Corp. has reached a definitive agreement and closed on the sale to divest the Company’s non-operated asset in the Marcellus Shale to Alta Marcellus Development, LLC for a […]