PRESS RELEASE
McDermott Boosts Global Finance Offering With Another Partner In London
August 20, 2024
Read time: 3 min
International law firm McDermott Will & Emery welcomes John Burge as a partner in its Transactions Practice Group in London. John focuses on leveraged finance, special situations, acquisitions and other event-driven finance and restructurings.
“John’s strong financial expertise ranging from mid-market to large caps compliments our global private credit and private equity platforms and allows us to deepen our bench,” said Harris Siskind, global head of McDermott’s Transactions Practice Group. “Working alongside Chris Kandel, John will play a crucial role in enhancing our cross-border finance offering.”
A finance lawyer, John provides advice to lenders and borrowers on their leveraged, restructuring and investment grade transactions. He also provides frequent guidance to funders and borrowers on innovative lending products, unique loans, high-risk loans and litigated transactions. In addition, John advises funders on internal risk management activities, such as managing the financial aspects of litigation and restructuring loan portfolios.
“I’m thrilled to contribute to McDermott’s growth and am attracted by the opportunity to bolster its leading and ambitious transactional and finance teams in London, Europe and the United States,” said John. “I’m excited to collaborate with colleagues from our global offices.”
“Our global finance practice has grown considerably in recent years and we will continue to provide best-in-class service to market-leading clients,” said Aymen Mahmoud, co-head of the London transactions practice and London office managing partner. “John’s hire goes hand-in-hand with that; he is an excellent asset to the London team.”
This appointment follows the recent additions of Michal Berkner, Graham White, Fatema Orjela and Chris Kandel.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Named a US Law Firm of the Year Finalist by Legal Business
AWARDS & RANKINGS / PRESS RELEASE
McDermott Named a US Law Firm of the Year Finalist by Legal Business
August 19, 2024
Read time: 3 min
August 19, 2024 – International law firm McDermott Will & Emery has been named a finalist for US Law Firm of the Year as part of the Legal Business Awards 2024. McDermott was also shortlisted for Commercial Litigation Team of the Year and Private Client Team of the Year.
“Our Firm and our London office have achieved tremendous success in recent years, and our clients attribute this to what they deem to be an obvious reason: our unwavering dedication to excellence in client service and innovation, combined with our strong cultural foundation,” said Aymen Mahmoud, managing partner of McDermott’s London office. “We have enhanced our offerings across key practices and grown as a firm by almost every conceivable metric. Our achievements extend beyond business growth; we have also made strides in advancing our diversity, well-being, and pro bono initiatives in London and beyond. We are extremely proud of one another, and I am immensely proud of my colleagues and their relentless commitment to excellence.”
The Legal Business Awards recognize the achievements of UK-based law firms, in-house teams and legal professionals for their outstanding contributions and performance over the past year. The ceremony will take place in London on September 17, 2024.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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Schulte Advises Client in Major Commodities Acquisition
PRESS RELEASE
Schulte Advises Client in Major Commodities Acquisition
August 14, 2024
Read time: 3 min
Schulte Roth & Zabel represented its client in a transaction that will infuse substantial investments into the operations of a premier producer of an essential commodity used in the production of steel. The landmark deal is critical for both regional stability and global development.
The complex transaction required a top tier team able to adapt and execute throughout all stages of the deal process, and the depth and breadth of Schulte’s team delivered. The firm-wide efforts traversed the Mergers & Acquisitions, Finance, Tax, Environmental, Business Reorganization, Litigation, Intellectual Property, and Real Estate working groups and included the following lawyers: Damian Petrovic, Ross Karlik, Ngoc Pham Hulbig, Mario Christofer Kranjac, Julia Cummings, Gregory Ruback, Eric Oh, Joseph Reich, Jake Gach, Theodore Keyes, Doug Mintz, Reuben Dizengoff, Julia Beskin, Alexander Kim, Steven Appel, Ian Levin, Scott Gold, Seth Henslovitz and Lance Kodish.
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McDermott Continues Global Transactions Practice Expansion With New Finance Partner in Frankfurt
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Continues Global Transactions Practice Expansion With New Finance Partner in Frankfurt
August 13, 2024
Read time: 3 min
August 13, 2024 – International law firm McDermott Will & Emery welcomes Alexander Klein as a partner in its Frankfurt office, further strengthening its finance practice in Germany.
“Along with Matthias Weissinger and Ludwig Zesch in Munich, Alexander will bolster our acquisition finance and leveraged finance practice,” said Harris Siskind, global head of McDermott’s Transactions Practice Group. “Alexander specifically will increase the support for our private equity and corporate teams in Germany.”
Alexander has substantial experience in banking and finance law, covering areas such as acquisition financing, corporate finance and syndicated lending for both domestic and international transactions. He provides guidance to financial investors, banks, private debt funds and corporations.
“Alexander’s appointment supports our strategy of creating a leading German private equity and finance service for our clients,” said Matthias Kampshoff, Managing Partner of McDermott’s Germany offices. “Alexander’s arrival is very welcome, as our finance team in Germany has been exceptionally busy this year.”
Handelsblatt/The Best Lawyers™ recognized Alexander as a top lawyer in Banking and Finance Law in Germany in 2023/2024. He was also nominated for Euromoney LMG’s “Europe Rising Stars Award” in 2019 in the Banking and Finance category. Additionally, Expert Guides named Alexander a Rising Star in 2022 for Banking and Finance/Financial Services Regulation.
“Over the past year we have expanded our finance and private equity practices with the recent additions of Matthias Weissinger, Ludwig Zesch, Holger Ebersberger and Hanno Witt,” said Frank Müller, managing partner of the Firm’s Frankfurt office. “We are thrilled that Alexander is joining the team.”
“I am very excited to be part of McDermott. It has a great reputation in private equity and financings and restructurings, and I look forward to helping clients with their finance needs and introducing them to all that McDermott has to offer,” said Alexander.
McDermott’s German Transactions Practice Group is now comprised of 94 lawyers across the Frankfurt, Munich and Düsseldorf/Cologne offices.
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Schulte Advises Monroe Capital LLC in Transaction With $300 Million Asset-Based Financing Pool to Buy Rental Loans
PRESS RELEASE
Schulte Advises Monroe Capital LLC in Transaction With $300 Million Asset-Based Financing Pool to Buy Rental Loans
August 13, 2024
Read time: 2 min
Schulte Roth & Zabel is proud to have advised Monroe Capital LLC in a transaction with Triad Financial Services Inc. involving a roughly $300 million asset-based financing pool to originate and buy commercial community rental loans made to owners of manufactured housing communities.
As a means of funding the strategic transaction, Monroe secured a revolving credit facility from Canadian Imperial Bank of Commerce (“CIBC”). The firm was thrilled to counsel Monroe Capital on both the transaction with Triad as well as the financing with CIBC.
The Schulte team was led by partner Stephen Schauder (Finance) alongside Boris Ziser, partner and co-head of the Finance Group.
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McDermott Represents Waller Helms Advisors, LLC in Sale to Houlihan Lokey Inc.
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Waller Helms Advisors, LLC in Sale to Houlihan Lokey Inc.
August 9, 2024
Read time: 3 min
International law firm McDermott Will & Emery represented Waller Helms Advisors, LLC (Waller Helms), an independent advisory firm with nearly 50 investment professionals that provides investment banking services to clients in the insurance and wealth management sectors, in its pending sale to Houlihan Lokey Inc., a global investment bank.
On a pro forma basis, the combined group ranks as the number one advisor for global M&A transactions in 2023 in the insurance sector, the asset management sector including wealth management and the financial services sector, excluding depositories. The transaction is expected to close in 2024, subject to regulatory approval.
The McDermott team was led by Eric Orsic and Eric Preston, with invaluable support from Garrett Moores, Andrew Granek, Todd Kornfield, Jennifer Mikulina, Ellie Atkins, Patrick Ryan, Brian Mead, Benjamin Kryder, Diego Torres-Lugo, David Saunders, Michael Rostov, Gregory Heltzer and Ty Carson.
Read Waller Helms’ press release.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Represents Rhône Capital in its Investment in Sweet Oak
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Rhône Capital in its Investment in Sweet Oak
August 7, 2024
Read time: 3 min
International law firm McDermott Will & Emery represented investment vehicles affiliated with Rhône Capital (Rhône), a global private equity firm, in their investment in Sweet Oak, a joint venture with the owner of Royal Oak Enterprises, LLC formed to complete the acquisition of Whole Earth Brands, Inc. through a take private merger. The acquisition was funded by Rhône’s equity investment and a senior secured debt facility.
The McDermott corporate team was led by David Grimes and Patrick Rowe, with invaluable support from Scott Regan, Smith Alpert, Yuxin Jin and Greg Berson. Tom Conaghan and Diana Douglas advised on securities, Alex Ruiz on tax, Nate Barnett on Delaware law, Elias Eliopoulos on real estate, Ty Carson, Stephane Dionnet and Elai Katz on competition, Ellie Atkins and Sarah Bro on intellectual property, Deepali Doddi on data privacy, Abigail Kagan on employment, Samantha Koplik on finance, Nick Paul on benefits and Jacob Hollinger on environmental matters.
McDermott Will & Emery works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Represents Atruvia and SERVISCOPE on the Acquisition of SDT
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Atruvia and SERVISCOPE on the Acquisition of SDT
August 6, 2024
Read time: 3 min
Frankfurt, August 6, 2024 – McDermott Will & Emery has advised Atruvia AG and SERVISCOPE AG on the acquisition of all shares in Service-Direkt Telemarketing Verwaltungsgesellschaft mbH (SDT) by SERVISCOPE AG.
Atruvia is the digitization partner of the cooperative FinanzGruppe. With approx. 5,260 employees the company generates an annual group revenue of around €1.5 billion (2023). SERVISCOPE, whose majority shareholder, is the central banking service provider to FinanzGruppe.
Founded in 1996, SDT offers telephone service, telephone banking and telephone marketing with around 350 employees at five locations throughout Germany. Prior to the transaction, Atruvia AG held a direct minority stake in SDT.
The McDermott team was led by partner Michael Cziesla and counsel Krasen Krastev and included counsel Isabelle Suzanne Müller, partner Heiko Kermer, counsel Marcus Fischer and associate Sönke Wassermann.
The team around Michael Cziesla regularly advises Atruvia on corporate transactions in the technology sector and provides ongoing advice on various legal issues.
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McDermott Advises MBO+ on its Acquisition of HPS INTERNATIONAL
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises MBO+ on its Acquisition of HPS INTERNATIONAL
August 2, 2024
Read time: 3 min
McDermott Will & Emery has advised MBO+ on its acquisition of HPS INTERNATIONAL, a leading manufacturer and distributor of complex industrial hydraulic cylinders.
This transaction was accompanied by the acquisition of CODIPRO, a Luxembourg-based specialist in high-end articulated lifting rings.
The McDermott team comprised:
- Grégoire Andrieux, lead partner, Julien-Pierre Tannoury and Gabin Beaudor, associates and Ruben Johannsen, trainee, on Corporate aspects
- Côme de Saint-Vincent, Counsel, and Fanny Le Pogam, associate, on tax law aspects
- Pierre-Arnoux Mayoly, partner, Elizabeth Amzallag and Salomé Belhassen, associates, on financing aspects
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Advises Montefiore Investment on its Investment in the Ciela Village Group
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Montefiore Investment on its Investment in the Ciela Village Group
July 31, 2024
Read time: 3 min
McDermott Will & Emery has advised Montefiore Investment, Europe’s leading SME and ETI services investment company, on its investment in the Ciela Village outdoor hotel group, with the aim of consolidating its position in the French market and creating a leading player.
The deal sees Ciela Village acquire the Koawa Vacances campsite group, founded in 2018 by Eric Viriot, Carole Viriot and Jean Labro.
BlackRock and 123 IM, which have supported Ciela Village since 2020 and Koawa Vacances since 2018 respectively, continue to finance the group in this new stage of its development.
The McDermott team involved in this transaction comprised :
- Diana Hund and Marie-Muriel Barthelet (partners); Robin Lamour and Inès Achour (associates) on the corporate aspects of the transaction.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
