Dave & Buster’s Entertainment entered into an agreement to acquire Main Event from Ardent Leisure Group and RedBird Capital Partners. Deutsche Bank Securities, JPMorgan Chase Bank and BMO Capital Markets are the joint lead arrangers and joint bookrunners for the financing supporting the acquisition.
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.