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Transactions for Alternative Capital Providers TRANSACTIONS FOR ALTERNATIVE CAPITAL PROVIDERS Jenner & Block has extensive experience in representing alternative capital providers in corporate finance and restructuring matters. We have deep experience across a broad range of debt products and industry verticals. Our core lawyers are nationally recognized in their fields. Our team boasts decades of hands-on experience and works collaboratively across offices to maximize the outcome for our clients. Below is a selection of representative matters handled by members of our team: Allied Capital Corporation Endeavour Structured Equity and Mezzanine Subordinated debt and equity financing of the - - Subordinated debt refinancing of Lucky Strike, Inc., an acquisitions of (i) a refrigerator parts manufacturer operator of high-end bowling alleys and (ii) Line-X, a global provider of branded spray- Subordinated debt financing of the acquisition of Alpha on pickup truck bedliners and other industrial - Broadcasting, a radio broadcast media company coatings Subordinated debt take private financing of Vigor Senior and subordinated debt financing of the - - Industrial, a provider of shipbuilding, complex acquisition of a security system integrator for fabrication and ship repair and conversion financial institutions - Subordinated debt and equity financing of the Fifth Street Finance Corp. recapitalization of a computer hardware reseller - Secured loan financing of Eagle Hospital Physicians, a physician services company Apollo Investment Corporation $100 million secured loan financing of ISG Services, Secured debt offering to Sun Capital Partners to - - LLC, a provider of call centers support the acquisition of Garden Fresh Restaurant Holdings, a restaurant chain - Secured loan financing of Smile Brands Group, Inc., a healthcare services company Babson Capital - $75 million secured loan growth financing of First - Senior subordinated debt and equity co- Choice ER, a free-standing emergency room system, investment financing of the acquisition of ASC and portfolio company of Sterling Partners Group, Inc. - $49 million loan financing of Moelis Capital Partners’ acquisition of OmniSYS, a medical reimbursements Bayside Capital provider Representation of first lien debtholder in - Secured loan financing of Med Data, Inc., a provider of connection with the foreclosure purchase of - medical billing services Service Net Solutions $25 million secured debt financing of Ikaria, Inc., a $25 million second lien term loan to Oasis Legal - - biotherapeutics company Finance Golub Capital Berkeley International Capital Corporation Senior subordinated debt and equity financing of the - Subordinated debt and equity financings (i) for - acquisition purposes in multiple industries acquisition of API Heat Transfer, Inc. including light manufacturing, logistics, health - Secured loan financing to Riverside Partners to services and consumer and (ii) in support of the support its acquisition of ITC Global Inc., a satellite take private transaction of a manufacturer of communications company devices for measuring industrial gases. Greyrock Capital Group Delaware Street Capital - Senior subordinated debt and equity financing of the acquisitions of (i) a provider of service management, - Secured credit facility restructuring and DIP credit facility for Hartford Computer Group, Inc. mobile workforce automation, and remote and intelligent asset diagnostic solutions; (ii) a provider of Secured credit facility restructuring for Fannie May - hospital television and video education technologies; Confections (iii) a manufacturer of transformer and magnetic components; and (iv) a manufacturer of brass plumbing products - Subordinated debt and equity recapitalization of a supplier of high end mozzarella cheese Select matters handled by current Jenner & Block lawyers prior to joining the firm. GSO Capital Partners MVC Capital - $180 million second lien loan to support Goldman - Multiple financing matters, including first and Sachs’ private equity group’s acquisition of PSAV second lien credit facilities, senior subordinated Presentation Services, a provider of event loans and portfolio company credit facilities technology services to the convention and trade show industry Prospect Capital Corporation - Secured loan financing of Clearlake Capital Guggenheim Corporate Funding Group’s acquisition of Primesport, Inc., a sports, - Multiple financing matters, including first and travel and event management company second lien credit facilities, subordinated loans - $28.5 million secured loan financing of Global and private placement of notes Employment Solutions, Inc., a provider of placement staffing services Kayne Anderson Secured loan financing of MidOcean Partners to $50 million issuance of senior secured notes to - - support the acquisition of System One, a staffing Celerity Partners to recapitalize Well-Foam, Inc., a firm provider of energy related services - $100 million secured loan facility to support a Southfield Mezzanine Capital private equity sponsor’s acquisition of a - Secured debt and equity financing for a contract manufacturer of mattresses and other sleep manufacturer products - Secured debt and equity financing for a staffing KKR Asset Management LLC company Mezzanine debt and equity financing for a - Secured loan to Polyconcept, a supplier of - promotional gift products, and a portfolio company transportation company of Investcorp Tennenbaum Capital Partners Medley Capital Corporation - Secured loan facility for a cable television network - Second lien loan financing of Tectum Holdings, Inc., a provider of aftermarket products for the Tregaron Capital truck market - Secured debt and equity financing for a provider of digital media services - Secured loan financing of Cool Math, a provider of educational tools - Secured debt and equity financing for a credit consulting business Midwest Mezzanine Funds - Subordinated debt and equity investment in a provider of IT solutions RESTRUCTURING AND BANKRUPTCY Our corporate finance team is supported by Jenner & Block’s nationally recognized Restructuring and Bankruptcy Practice. In May 2015, we strengthened our already highly sought after roster of restructuring and bankruptcy lawyers when internationally renowned restructuring and bankruptcy lawyer Richard Levin joined the practice. An author of the 1978 US Bankruptcy Code and recipient of the 2015 Distinguished Service Award from the American College of Bankruptcy, Mr. Levin has led or played a major role in numerous precedent- setting domestic and cross-border insolvency proceedings. Our lawyers frequently represent investors, lenders, creditors or equity holders in bankruptcy cases, out-of-court restructuring transactions or workouts, and provide advice on credit and other insolvency-related issues. CORE TEAM Neil Cummings ǀ Partner ǀ Los Angeles ǀ [email protected] ǀ 213.239.2226 Neil Cummings concentrates primarily in representing funds and other alternative capital providers in debt financings. He is experienced in domestic and cross-border financing transactions, with expertise in numerous debt products and structures, including acquisition financings for public and private M&A deals (including tender offer financings), bank/bond, bridge loan, first/second lien, unitranche, multi tranche and multicurrency, fund (including capital call and leveraged lines), mezzanine, subordinated debt, debtor-in-possession and exit financings. His experience spans numerous industry verticals, including media and entertainment, health care, government contracting, defense, gaming, hotels and leisure, food and beverage, construction, real estate, software, automotive, transportation, manufacturing, professional sports and telecommunications. Christopher J. Douglass ǀ Partner ǀ Chicago ǀ [email protected] ǀ 312.923.2690 Chris Douglass focuses his practice on representing private equity and mezzanine funds in making, managing and exiting investments in privately held companies. He has significant experience advising clients on secured debt, mezzanine and equity financings in a wide variety of industries. As part of one of the nation’s most active small business investment company (SBIC) practices, he has considerable expertise in advising clients on SBIC regulatory matters. He also regularly advises funds and lenders on capital call and leverage lines and represents portfolio companies and other privately held businesses in transactional matters and as outside general counsel. G. Thomas Stromberg ǀ Partner ǀ Los Angeles ǀ [email protected] ǀ 213.239.5179 Tom Stromberg concentrates his practice in representing managed money that is invested in the acquisition and financing of private companies. He is experienced with mezzanine, unitranche and other junior capital financings and restructurings, mergers and acquisitions, private equity, venture capital, spinoffs, asset-based financings, leveraged acquisitions, convertible debt finance, multibank credits, underwriting facilities, project financings, credit enhancements, debt and equity restructurings, recapitalization and workouts. His practice extends across a wide range of industries, including media and entertainment, aerospace and defense, food and beverage, software, automotive, life sciences, energy, information technology, agribusiness, telecommunications, manufacturing and business services. Richard Levin ǀ Partner ǀ New York ǀ [email protected] ǀ 212.891.1601 An author of the 1978 US Bankruptcy Code, Rich Levin is an internationally recognized leader in complex
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