Benefit Street Partners’ $980 Million Acquisition of Triangle Capital Investment Portfolio

Houlihan Lokey Capital Inc. served as financial adviser and Eversheds Sutherland (US) LLP served as legal counsel to Triangle. Ropes & Gray LLP acted as legal counsel to BSP. Wells Fargo Securities LLC served as financial adviser and Dechert LLP served as legal counsel to Barings. Triangle Capital Corporation (NYSE:TCAP) has entered into an asset […]

Formation of US Radiology Specialists

Leerink Partners LLC acted as exclusive financial advisor to Charlotte Radiology, with McGuireWoods LLP serving as legal counsel. Ropes & Gray served as legal counsel to WCAS. Charlotte Radiology and Welsh, Carson, Anderson & Stowe (“WCAS”) finalized the formation of US Radiology Specialists, a new venture focused on building the premier physician-owned radiology partnership in […]

Clearlake Capital’s Investment in Lytx

Kirkland & Ellis advised private equity investment firm Clearlake Capital Group, L.P., in its partnership with Lytx, Inc., a pioneer in the video-based driver safety industry. Lytx, Inc. (“Lytx”), the global leader in video-based telematics and analytics to fleets worldwide, has entered into a new investment partnership with Clearlake Capital Group, L.P. (together with its […]

CRC’s $460 million Acquisition of Chevron interest in the Elk Hills Field

Orrick has advised Chevron in the sale of its interest in the Elk Hills Field, one of the most productive fields in the United States, to California Resources Corporation (“CRC”). California Resources Corporation (NYSE: CRC) has executed and closed a purchase and sale agreement with Chevron to acquire the remaining working, surface and mineral interests […]

Francisco Partners’ $3.4 Billion acquisition of Verifone Systems

Qatalyst Partners is acting as financial advisor to Verifone and Sullivan & Cromwell LLP is serving as Verifone’s legal advisor. Credit Suisse, Barclays and Royal Bank of Canada are acting as financial advisors and Kirkland & Ellis LLP is serving as legal advisor to the Francisco investor group. Credit Suisse, Barclays and Royal Bank of […]

Invesco Ltd. $1.2 Billion Acquisition of Guggenheim Investments ETF Business

Davis Polk advised Guggenheim Investments on the deal Invesco Ltd. (NYSE: IVZ) has completed its previously announced acquisition of Guggenheim Investments’ exchange-traded funds (ETF) business, which consists of $38.8 billion of assets under management. The acquisition strengthens Invesco’s market-leading ETF capabilities1 as well as the firm’s efforts to meet the needs of institutional and retail […]

Intercept Pharmaceuticals’ $172.5 Million Follow-on Offering

Orrick represented Credit Suisse and Jefferies as underwriters for a follow-on public offering of 2,695,313 shares of common stock by Intercept Pharmaceuticals, Inc. (“Intercept”), including shares purchased by the underwriters upon exercise of their entire option to purchase additional shares. The offering resulted in gross proceeds of approximately $172.5 million for Intercept. Intercept (Nasdaq: ICPT) […]

PerkinElmer, Inc. €300 Million Notes Offering

Davis Polk advised the sole bookrunner in connection with an offering by PerkinElmer, Inc. of €300 million aggregate principal amount of its 0.600% notes due 2021. J.P. Morgan Securities plc acted as as representative of the underwriters. Headquartered in Waltham, Massachusetts, PerkinElmer, Inc. is a provider of products, services and solutions to the diagnostics, food, […]

Clarion Events’ Acquisition of PennWell Corporation

Olshan client Clarion Events, one of the world’s leading event organizers, closed on the acquisition of PennWell Corporation, a privately-held events and business-to-business media and marketing services company based in Tulsa, Oklahoma. Clarion Events finalized the acquisition of PennWell Corporation, a privately-held events and business-to-business media and marketing services company based in Tulsa, Oklahoma, USA. […]

Allegro’s Acquisition of Financial Engineering Associates, Inc.

Paul Hastings LLP acted as legal advisor to Allegro Development Corp.. Davis Polk advised MSCI Inc. Allegro Development Corp., a global leader in commodity trading and risk management (CTRM) solutions, acquired Financial Engineering Associates, Inc. (FEA), a leading provider of risk analytics software for traders, risk managers, and quantitative analysts in commodity industries. Founded in […]