Tag Archives: Willkie Farr & Gallagher

GBG USA Files Chapter 11, ReStore Capital Provides $16MM in DIP Financing

GBG USA commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York. WH AQ Holdings and Hilco Brands will serve as the stalking horse bidders in a court-supervised sale process of the company and ReStore Capital is providing $16MM in DIP financing.

BofA and Goldman Sachs Provide Debt Financing for Platinum Equity’s Acquisition of Solenis

Platinum Equity signed a definitive agreement to acquire Solenis from Clayton, Dubilier & Rice and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. BofA Securities and Goldman Sachs are leading the debt financing for the acquisition.

CIBC Provides Debt Financing to Facilitate VSS Capital Partners’ Investment in Centroid

VSS Capital Partners completed a growth investment in Centroid Systems, a provider of managed cloud services and enterprise workload consulting services. CIBC Innovation Banking provided senior debt financing to facilitate the transaction.

JPMorgan and Blackstone Provide Financing for Atlas Recapitalization

JPMorgan Chase and Blackstone Credit provided recapitalization through a combination of financing facilities for Atlas Technical Consultants, a provider of professional testing, inspection, engineering, environmental and consulting services.

BofA and Wells Provide ABL to Northwest Hardwoods in Restructuring Process 

Bank of America and Wells Fargo provided Northwest Hardwoods with an asset-based loan during the company’s financial restructuring process and emergence from Chapter 11.

Huron Advises Northwest Hardwoods in Restructuring; BofA and Wells to Refinance ABL

Huron Consulting Group is serving as financial advisor for Northwest Hardwoods, which filed for relief under Chapter 11 of the Bankruptcy Code. Bank of America and Wells Fargo will refinance an existing ABL facility as part of the company’s financial restructuring.

FTI Consulting to Provide Financial Advisory Services to Pace Industries

FTI Consulting will serve as financial advisor to Pace Industries, which reached an agreement with its lenders on the terms of a financial restructuring plan and initiated a voluntary prepackaged Chapter 11 process in the U.S. Bankruptcy Court for the District of Delaware.