The Firm represented Deutsche Bank Cayman Islands Branch as one of the controlling shareholders and a holder of senior notes of Coinmach Service Corp. in the $1.4 billion acquisition of Coinmach by Pamplona Capital Management LLP. Coinmach is the biggest laundry-equipment service provider in the United States. Pamplona also acquired Air-Serv Group LLC, which provides car-tire inflation services in North America, in connection with the transaction.
The Simpson Thacher team for the transaction included: Andrew Smith (M&A); Sandy Qusba, Nicholas Baker and Terry Sanders (Restructuring); and Drew Purcell (Tax).
