Cape Cod 5 Combines with Fidelity Bank to Form Mutual Bancorp

Cape Cod 5, headquartered in Hyannis, MA, and Fidelity Bank, headquartered in Leominster, MA, have reached an agreement to merge their respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval.

September 25, 2023 Cape Cod 5 | Edward F. Manzi Jr. | Fidelity Bank | Goodwin Procter | Matt Burke | Mutual Bancorp | Nutter McClennen & Fish | Piper Sandler Ian Koplin

Bank of America Finances SK Capital Partners’ Acquisition of Isolatek

Funds advised by SK Capital Partners, a private investment firm focused on the specialty materials, ingredients and life sciences sectors, acquired Isolatek International, a manufacturer and supplier of passive fireproofing technologies. Bank of America provided debt financing to support the transaction. 

August 29, 2023 Bank of America | Goodwin Procter | Isolatek International | Keating Muething & Klekamp | SK Capital Ian Koplin

Hercules Capital Provides $50MM Term Loan Facility to COMPASS Pathways

COMPASS Pathways, a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, entered into a term loan agreement with Hercules Capital for up to $50 million.

July 6, 2023 Bryan Jadot | COMPASS Pathways | Goodwin Procter | Hercules Capital | Kabir Nath | Morrison Foerster¸ Armentum Partners Ian Koplin

Morgan Stanley Tactical Value Provides Up to $150MM Non-Dilutive Term Loan to Fibrogen

FibroGen entered into a non-dilutive term loan facility with investment funds managed by Morgan Stanley Tactical Value that will result in proceeds to FibroGen of up to $150 million, providing non-dilutive capital to support growth and innovation.

May 2, 2023 Enrique Conterno | FibroGen | Gibson Dunn & Crutcher | Goodwin Procter | Morgan Stanley | Morgan Stanley Tactical Value | Tom Cahill Ian Koplin

Blackstone Acquires Cvent in $4.6B Transaction

Cvent Holding Corp., a meetings, events and hospitality technology provider, entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion.

March 15, 2023 Blackstone | Cvent Holding Corp. | David Schwartz | Evercore | Goodwin Procter | J.P. Morgan Securities | Kirkland & Ellis | Martin Brand | Monti Saroya | Morgan Stanley | Qatalyst Partners | Reggie Aggarwal | Simpson Thacher & Bartlett | UBS | Vista Equity Partners Ian Koplin

CPP Investments and Silver Lake Acquire Qualtrics for $12.5B

Qualtrics, a provider of experience management (XM) software, entered into a definitive agreement to be acquired by Silver Lake, a technology investor, in partnership with Canada Pension Plan Investment Board (CPP Investments), in an all-cash transaction that values Qualtrics at approximately $12.5 billion.

March 13, 2023 Barclays Capital | Canada Pension Plan Investment Board | Egon Durban | Freshfields Bruckhaus Deringer | Goldman Sachs | Goodwin Procter | Hafiz Lalani | J.P. Morgan | Kyle Paster | Latham & Watkins | Morgan Stanley | Qualtrics | Ryan Smith | Shearman & Sterling | Silver Lake | Simpson Thacher & Bartlett | Zig Serafin Ian Koplin

Diameter Capital Partners and Rubicon Founders Close $150MM Term Loan Facility with Cano Health

Cano Health, a value-based primary care provider and population health company, consummated the closing of a $150 million senior secured term loan, maturing Nov. 23, 2027.

February 28, 2023 Adam Boehler | Cano Health | Diameter Capital Partners | Goodwin Procter | Jonathan Lewinsohn | JPMorgan Chase Bank | Marlow Hernandez | Rubicon Founders | Scott Goodwin Ian Koplin

PTC to Acquire SaaS Field Service Management Provider ServiceMax

PTC signed a definitive agreement to acquire ServiceMax for approximately $1.46 billion in cash on a debt-free, cash-free basis from an entity majority owned by Silver Lake.

November 18, 2022 BofA Securities | Centerview Partners | Goodwin Procter | Jim Heppelmann | JPMorgan Chase Bank | Neil Barua | PTC | ServiceMax | Silver Lake | TD Securities | The Huntington National Bank Ian Koplin

Clarus Therapeutics Files for Chapter 11

Clarus Therapeutics, together with its wholly-owned subsidiary Clarus Therapeutics, has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

September 6, 2022 Clarus Therapeutics | Dr. Robert Dudley | Goodwin Procter | Lawrence Perkins | Potter Anderson & Corroon | Raymond James & Associates | Sierra Constellation Partners Ian Koplin

Brookline Bancorp to Acquire PCSB Financial for $313MM

Brookline Bancorp and PCSB Financial entered into a definitive merger agreement whereby Brookline will acquire PCSB and its wholly-owned subsidiary, PCSB Bank, for approximately $313 million in cash and stock.

May 25, 2022 Brookline Bancorp | Goodwin Procter | Joseph D. Roberto | Luse Gorman | Paul Perrault | PCSB Bank | PCSB Financial | Performance Trust Capital Partners | Piper Sandler Ian Koplin