SGS, investment funds managed by SVPGlobal and the largest existing holder of SGS’ outstanding funded indebtedness completed a recapitalization transaction to strengthen SGS’s balance sheet and position the business for growth. HPS Investment Partners led the financing for the investment.
McAfee, a global provider of online protection, entered into a definitive agreement to be acquired by an investor group, which obtained a commitment from a JPMorgan Chase Bank-led syndicate for nearly $10 billion in debt financing to support the transaction.
Owl Rock Capital Group and the Dyal Capital Partners division of Neuberger Berman Group entered into a definitive business combination agreement with Altimar Acquisition Corporation to form Blue Owl Capital, an alternative asset management firm with more than $45 billion in assets under management.
Jacobs is acquiring a 65% stake in PA Consulting and also providing debt financing in the form of a £650 million ($845 million) term loan and a revolving credit facility of up to £100 million ($130 million) to fund future growth.
V. Gerard Comizio joined Fried, Frank, Harris, Shriver & Jacobson as a partner in the Corporate Department. He will head the firm’s Banking Practice and will be based in the Washington, DC office.
Fried, Frank, Harris, Shriver & Jacobson elected two new partners, Matthew Roose and Peter B. Siroka, to its Bankruptcy and Restructuring Department.
Fried, Frank, Harris, Shriver & Jacobson announced that Stewart A. Kagan has joined as a partner in the Finance Practice resident in the firm’s New York office. Kagan was previously a partner at Cadwalader.