Wynnchurch Capital’s $2.277 Billion Fundraising

Ropes & Gray represented Wynnchurch Capital on fundraising for Fund V. Wynnchurch Capital, L.P., a leading middle market private equity firm, executed the closing of its fifth private equity fund, Wynnchurch Capital Partners V, L.P at $2.277 billion of committed capital. The Fund, which had a target of $1.6 billion, was significantly oversubscribed, resulting in […]

Incline Equity Partners’ $1.165 Billion Fundraising

Kirkland & Ellis counseled Incline Equity Partners on the closing of Incline Equity Partners V, L.P. Incline Equity Partners V, L.P. closed on $1.165 billion of capital commitments. The Fund was oversubscribed above its initial target of $850 million after just three months of marketing. Fund V’s strategy focuses on middle-market durable businesses with multiple […]

Air Lease Corporation’s $1.4 Billion Medium-Term Notes Offering

O’Melveny & Myers acted as special counsel to Air Lease Corporation. Simpson Thacher represented the underwriters in connection with the public offering. Air Lease Corporation completed the issuance of $750 million aggregate principal amount of 2.3% Medium-Term Notes, Series A, due February 1, 2025 and $650 million aggregate principal amount of 3% Medium-Term Notes, Series […]

Energy Transfer Operating’s $1.6 Billion Perpetual Preferred Units Offering

Hunton Andrews Kurth LLP represented the underwriters in connection with the offering of $1.6 billion of preferred units was comprised of 500,000 of ETO’s 6.750% Series F Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units, liquidation preference $1,000 per unit, and 1,100,000 of ETO’s 7.125% Series G Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units, liquidation preference […]

Energy Transfer Operating’s $4.5 Billion Senior Notes Offering

Hunton Andrews Kurth LLP represented the underwriters in connection with the senior notes offering. Energy Transfer Operating announced a $4.5 billion senior notes offering comprised of $1.0 billion aggregate principal amount of 2.900% senior notes due 2025, $1.5 billion aggregate principal amount of 3.750% senior notes due 2030, and $2.0 billion aggregate principal amount of […]

Valesco Group’s €1.2 Billion Acquisition Of Tour Des Finances

Ashurst has advised the Valesco Group, the London headquartered European real estate investment and asset manager, backed by Meritz Securities, one of the largest South Korean institutional investors, on the acquisition of the Finance Tower, a skyscraper located in Brussels’ CBD for c.€1.2 billion, from Breevast and ZBG. The landmark purchase represents the largest single […]

Lone Star’s €3.17 Billion Acquisition of Chemical Construction Business from BASF

Milbank LLP advised the lead arrangers on Lone Star Fund’s €3.17 billion acquisition of BASF’s Chemical Construction Business. This transaction priced on a cash and debt-free basis and is expected to close in the third quarter of next year subject to competition authority approval. BASF’s Construction Chemicals business operates production sites and sales offices in […]

Danfoss’ $3.3 Billion Acquisition of Eaton’s Hydraulics Business

Winston & Strawn LLP represented Danfoss in the transaction. Danfoss executed the acquisition of Eaton’s Hydraulics business for a cash purchase price of $3.3 billion USD (approximately 3.0 billion EUR). The Danfoss and Eaton Hydraulics businesses are leaders in the industry and have many organizational similarities, including company culture and a focus on customers, R&D […]