Tag Archives: Willkie Farr & Gallagher

Near Intelligence Files for Chapter 11 Protection, Receives $16MM in DIP Financing from Blue Torch

Near Intelligence, a privacy-led data intelligence company, and certain of its subsidiaries  voluntarily initiated Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware and will seek to sell its assets through a court supervised sales process.

Global Loan Agency Services Acquires Pristine SAS

Global Loan Agency Services (GLAS), a portfolio company of Levine Leichtman Capital Partners, signed an agreement to acquire Pristine SAS. Headquartered in London, GLAS is a provider of loan administration, agency and trustee services globally.

Goldman Sachs Asset Management Makes Investment in World Insurance Associates

World Insurance Associates, an insurance brokerage, and funds advised by Goldman Sachs Asset Management, through its private equity and hybrid capital teams, entered into a definitive agreement through which Goldman Sachs will make “a major investment” in World Insurance Associates.

Goldman Sachs Provides Financing to Support Club Car’s Acquisition of Garia

Club Car entered into a definitive agreement to acquire Garia, a Denmark-based manufacturer of electric low-speed vehicles for the utility, consumer and golf markets, from Lars Larsen Group. Goldman Sachs is leading the debt financing on the transaction.

BofA Securities Supports Platinum Equity’s Acquisition of Pelican Products

Platinum Equity completed its acquisition of Pelican Products, a designer and manufacturer of protective cases and gear for outdoor enthusiasts and supply chain solutions for the healthcare industry. BofA Securities was the lead underwriter for debt financing in support of the transaction.

Oaktree Capital Management Acquires Velocity Risk Underwriters

Funds managed by Oaktree Capital Management, a global investment manager specializing in alternative investments, acquired Velocity Risk Underwriters, a catastrophe-focused property and specialty insurance risk managing general agent.

B. Riley Financial Establishes Receivables Division

B. Riley Financial established a receivables business to provide debt monetization solutions and portfolio acquisition services for its clients. In connection with the formation of this new division, B. Riley Financial also purchased a portfolio of performing credit receivables from W.S. Badcock.