STERIS’ $2.1 Billion Debt Financing for Acquisition of Cantel


Simpson Thacher represented J.P. Morgan in the transaction.

J.P. Morgan provided $2.1 billion of committed debt financing for STERIS plc (“STERIS”) in connection with the announced acquisition of Cantel Medical Corp. (“Cantel”).

STERIS provides innovative healthcare and life science product and service solutions around the globe. Cantel is a global provider of infection prevention products and services in the healthcare market, primarily to endoscopy and dental customers.

The Simpson Thacher team included Dan Kay (Picture), Matthew Farrell, Leah Nudelman and Heather Lee (Banking and Credit); Art Robinson, John O’Connell and Jason Kitchen (Capital Markets); Jonathan Cantor and Eli Shalam (Tax); Andrew Blau and Pasco Struhs (Executive Compensation and Employee Benefits); Michael Isby (Environmental); and Alysha Sekhon and Bobbie Burrows (Intellectual Property).

Involved fees earner: Andrew Blau – Simpson Thacher & Bartlett; Bobbie Burrows – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Matthew Farrell – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Daniel Kay – Simpson Thacher & Bartlett; Jason Kitchen – Simpson Thacher & Bartlett; Heather Lee – Simpson Thacher & Bartlett; Leah Nudelman – Simpson Thacher & Bartlett; John O’Connell – Simpson Thacher & Bartlett; Arthur Robinson – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Eli Shalam – Simpson Thacher & Bartlett; Pasco Struhs – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: J.P. Morgan Securities LLC;

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Author: Ambrogio Visconti