B. Riley Financial agreed to acquire FocalPoint Securities, an independent investment bank based in Los Angeles, for total consideration of up to $175 million.
Clearlake Capital Group completed its acquisition of Cornerstone OnDemand. J.P. Morgan, BofA Securities, Ares, Golub Capital, Antares Capital, Barclays, Blue Owl, BMO Capital Markets, BNP Paribas, Credit Suisse, Goldman Sachs and Jefferies provided debt financing for the transaction.
An affiliate of Fundamental Advisors completed its acquisition of MMA Capital Holdings, an infrastructure finance company focused on providing debt financing for renewable energy projects, in an all-cash transaction valued at approximately $162 million.
Holt Foster joined Sidley Austin as a partner in the firm’s Dallas office. Foster will be a member of the firm’s global energy and infrastructure group and a practice area team co-leader of the energy practice. He joined Sidley Austin from Thompson Knight.
Tom Califano joined Sidley Austin’s global restructuring group as a partner in the firm’s New York office. He joined from DLA Piper, where he was the global co-chair and U.S. chair of the firm’s restructuring group.
Anthony Norris and Christopher Rile joined Sidley Austin in New York as partners in its global M&A and private equity practice. They joined from Ropes & Gray, where they were both partners in the firm’s private equity transaction group.
JPMorgan Chase Bank, Morgan Stanley Senior Funding, Goldman Sachs, UBS Investment Bank, Bank of America, Barclays and Jefferies are arranging debt financing in support of Clearlake Capital Group’s new equity investment in RSA Security.
Houlihan Lokey Capital and Wells Fargo Securities are serving as financial advisors to AmeriHome in the company’s sale to Western Alliance Bank.
Chicago-based law firm Sidley Austin hired Ankur Gupta, Sam Wales and Ben Kirschner as partners and Krista Kay Lewis as an associate in its global M&A and private equity practice.