News

Institutional investor La Caisse de dépôt et placement du Québec (CDPQ) acquired a minority stake in Hilco Global, an independent financial services company. Following the transaction, CDPQ will own 27% of Hilco Global.

Antares served as joint lead arranger, sole bookrunner and administrative agent for a senior secured credit facility to refinance existing debt and provide additional debt financing for 365 Data Centers.

Diversified financial services firm Avid Acceptance completed an asset-backed warehouse facility with Capital One. The facility was established to provide additional liquidity to support the company’s short-term and long-term growth strategies and diversify its funding model. _x000D_ _x000D_

Ares Management announced that a fund managed by its private equity group has acquired CoolSys, a refrigeration and HVAC services company, from Audax Private Equity. Terms of the transaction were not disclosed.

Nine West Holdings completed its financial and operational restructuring and emerged from Chapter 11. Wells Fargo and Goldman Sachs provided over $100 million of go-forward liquidity to support its operations and future growth initiatives.

Charles D. Riely, a former assistant regional director of the SEC Division of Enforcement, joined Jenner & Block as a partner in New York. He is a member of the firm's Investigations, Compliance and Defense Practice.

Concord Financial provided an $18 million senior secured revolving line of credit to a specialty piping manufacturer based in the Midwest.

PrimeRevenue, a provider of working capital financial technology solutions, appointed its executive vice president and global head of funding, Dominic Capolongo, to the Department of Commerce Trade Finance Advisory Council.

Bracewell has promoted six lawyers to senior counsel and counsel. Clark A. Donat, LaTasha Mabry Snipes, Tom Swarbrick, Blake Urban and Lauren A. West have been promoted to senior counsel, and Jared Schuettenhelm has been promoted to counsel._x000D_

Andrew Knight joins Crowell & Moring's London office as a partner in its Corporate and Financial Services practices to strengthen the firm's ability to advise clients on debt finance and asset-based lending.