NORDAM Group’s Investment By The Carlyle Group

Weil is advising The NORDAM Group, Inc. (NORDAM), a Tulsa, Oklahoma-based aviation and aerospace component manufacturer and provider of aircraft repair services, in connection with its entry into a $140 million equity investment by an affiliate of The Carlyle Group on March 3, 2019.

Weil is also advising NORDAM on its entry into an up to $240 million term loan facility and an up to $100 million asset based credit facility in connection with that investment. These transactions are expected to close in the early first half of 2019 subject to customary closing conditions, including court and regulatory approval.

The Weil team advising NORDAM is led by Private Equity partner Brian Gingold (Picture) and Global Finance head Daniel Dokos and includes Private Equity associates Brittany Butwin, Joshua Whitford, James Pierre-Louis (Not Yet Admitted in New York) and Nicole Chen (Not Yet Admitted in New York) and Finance associates Kevin Whittam, Jeremy Jenkins (Not Yet Admitted in New York) and Jackson Que Alldredge (Not Yet Admitted in New York).

Involved fees earner: Brittany Butwin – Weil, Gotshal & Manges; Nicole Chen – Weil, Gotshal & Manges; Daniel Dokos – Weil, Gotshal & Manges; Brian Gingold – Weil, Gotshal & Manges; Jeremy Jenkins – Weil, Gotshal & Manges; James Pierre-Louis – Weil, Gotshal & Manges; Jackson Que Alldredge – Weil, Gotshal & Manges; Joshua Whitford – Weil, Gotshal & Manges; Kevin Whittam – Weil, Gotshal & Manges;

Law Firms: Weil, Gotshal & Manges;

Clients: NORDAM Group;

Author: Ambrogio Visconti