Leo Berwick, a global tax and financial advisory firm, serving preeminent infrastructure, private equity and pension funds and their portfolio companies, executed a credit facility for up to $75 million from Stone Point Credit, a private credit investment firm, subject to the agreed upon conditions between the parties.
“We are thrilled to partner with Stone Point as we enter our next phase of growth,” Nick Kato, managing partner of Leo Berwick, said. “This financing will allow us to accelerate our strategic initiatives, expand our capabilities and continue delivering exceptional value and service to our clients.”
The facility earmarks a portion of proceeds for strategic M&A and other growth initiatives, which are core parts of Leo Berwick’s strategic roadmap.
“Our aspiration is to offer clients a better alternative to the Big 4, including greater technology enablement, global capabilities and unmatched sector expertise, while cultivating an agile, commercial, and solution-focused culture to create meaningful value for our clients,” Kato said.
“We are very excited to support the Leo Berwick team as they look to build out their M&A strategy to complement their strong history of organic growth,” Scott Bronner, head of credit at Stone Point, said.
Perella Weinberg served as financial advisor and Polsinelli served as legal advisor to Leo Berwick. Cahill Gordon & Reindel served as legal advisor to Stone Point.
