DEAL ANNOUNCEMENT / PRESS RELEASE
September 25, 2023
Read time: 3 min
McDermott Will & Emery represented Gemspring Capital Management, LLC (Gemspring), a Connecticut-based private equity firm with $3.5 billion of capital under management, in its acquisition of a majority interest in ClearCompany Holdings (Clear Company), a provider of human capital management software.
McDermott also advised on the structuring, negotiation and documentation of a secured credit facility provided by Monroe Capital Management Advisors, LLC, used to finance the acquisition and for working capital purposes.
The McDermott team was led by Harris Siskind, Jun Won Kim and John Zukin and included Terry Brennan, Adam Perlman, and Michael Kim. Invaluable support was provided by Alex Ruiz, Dino Ilievski, Michelle Strowhiro, Cristell Fortune, Jennifer Mikulina, Ellie Atkins, Nickou Oskoui, Scott Weinstein, Jonathan Ende, Elias Eliopoulos, Adam Long, Mark Bilut, Patrick Ryan, Jennifer Hill, Greg Heltzer, Ty Carson, Stéphane Dionnet, Hendrik Viaene and Mélissa Hui.
The McDermott finance team was led by Samantha Koplik and included Matthew Celentano and Sam Scaletta.
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.
