Smyrna Ready Mix Concrete’s $100 Million ABL Revolving Credit Facility


Simpson Thacher also represented JPMorgan Chase Bank, N.A., as administrative agent, and the lenders in the transaction.

Smyrna Ready Mix Concrete, LLC (“Smyrna”) completed a new $100 million ABL Revolving Credit Facility.

Smyrna is one of the largest privately held ready-mix concrete providers in the country. Founded in 1999, it is a family-owned and operated company providing ready-mix concrete, aggregates and concrete-related products and services, such as material hauling and concrete pumping.

The Simpson Thacher team for the transaction included, among others, John C. Ericson (Picture), Lisa Zhang, Matt Hart, Elise Quinones and Frances Fuqua (Capital Markets); Dan Kay, Dean Masuda and Heather Lee (Credit); Jonathan Pall (Collateral); Jonathan Goldstein and Sarah Katz (Tax); Jennifer Neilsson and Richard Malek (Executive Compensation and Employee Benefits); Genevieve Dorment (Intellectual Property); Tim Gallagher (Real Estate); and Andrew Pagliughi (Blue Sky).

Involved fees earner: Genevieve Dorment – Simpson Thacher & Bartlett; John Ericson – Simpson Thacher & Bartlett; Frances Fuqua – Simpson Thacher & Bartlett; Timothy Gallagher – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Matthew Hart – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett; Daniel Kay – Simpson Thacher & Bartlett; Heather Lee – Simpson Thacher & Bartlett; Richard Malek – Simpson Thacher & Bartlett; Dean Masuda – Simpson Thacher & Bartlett; Jennifer Neilsson – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett; Jonathan Pall – Simpson Thacher & Bartlett; Elise Quinones – Simpson Thacher & Bartlett; Lisa Zhang – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: JP Morgan Chase & Co.;

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Author: Ambrogio Visconti