Kirkland Advises Trustwave Holdings in Acquisition by SingTel

Wednesday, April 8, 2015

Kirkland & Ellis advised Trustwave Holdings, Inc., a privately held data protection and information security company headquartered in Chicago with an enterprise value of $850 million, in its acquisition by Singapore Telecommunications Limited (SingTel), one of Asia’s leading communications companies. Following the close of the acquisition, SingTel plans to combine its state-of-the-art information and communications technology with Trustwave’s broad portfolio of managed security services. Post-acquisition, Trustwave will operate as a standalone business unit of SingTel More >>

Tags:  Kirkland & Ellis LLP | Chicago

Cravath – Axalta’s $1.29 Billion Registered Common Stock Offering

Wednesday, April 8, 2015

Cravath represented the underwriters, led by Citigroup, Goldman, Sachs & Co., Deutsche Bank Securities and J.P. Morgan Securities, in connection with the US$1.29 billion registered secondary common stock offering of Axalta Coating Systems Ltd., a leading global manufacturer, marketer and distributor of high‑performance coatings systems. The shares were listed on the New York Stock Exchange. The transaction closed on April 8, 2015 More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Akin Gump Advises Genesis Energy in $204 Million Public Offering of Securities

Wednesday, April 8, 2015

Akin Gump advised Genesis Energy, L.P., a master limited partnership or MLP, in an approximately $204 million underwritten public offering of common units representing limited partner interests. Genesis will use the net proceeds from that offering for general partnership purposes, such as funding acquisitions (including organic growth projects) or repaying a portion of the borrowings outstanding under its revolving credit facility More >>

Tags:  Akin Gump Strauss Hauer & Feld LLP | Houston

Ropes & Gray Advises on Towergate Restructuring and Acquisition of Majority Stake by Unsecured Noteholders

Tuesday, April 7, 2015

Ropes & Gray has advised the ad hoc committee of holders of Towergate Finance plc’s New York law-governed 10.5% senior unsecured notes in connection with the restructuring of the Towergate Group’s c. £1.05bn debt obligations and related acquisition by senior unsecured noteholders of more than 80% of the equity of the restructured Group. The members of the ad hoc committee were Highbridge Principal Strategies, LLC, KKR Credit Advisors (US) LLC and Sankaty Advisors, LLC. Towergate is Europe’s largest independently owned insurance intermediary More >>

Tags:  Ropes & Gray LLP | London