Simpson Thacher Represents The Carlyle Group in Raising $13 Billion Buyout Fund

Simpson Thacher represented The Carlyle Group (“Carlyle”) in the establishment of its sixth fund dedicated to buyouts and other private equity investments in the United States, Carlyle Partners VI, L.P. (“CP VI”). Carlyle has announced that CP VI raised $13 billion of total commitments from 269 investors from 43 countries.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents JLL Partners, Inc. in Financing for the Formation of Joint Venture with Royal DSM

The Firm is representing JLL Partners in connection with the financing of its take-private purchase of its 55.7%-owned portfolio company, Patheon, Inc., and Patheon’s related combination with Royal DSM’s Pharmaceutical Products business. The transaction will be financed through a combination of equity investments and debt, including $1.65 billion in debt financing committed by J.P. Morgan, UBS, Jefferies, KeyBank and Morgan Stanley. The combined company will provide contract development and manufacturing services in the pharmaceutical industry and will be 51% owned by JLL and 49% owned by DSM.

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Davis Polk – Genesee & Wyoming Inc. Secondary Offering

Davis Polk advised Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as underwriters in connection with the SEC-registered secondary offering of 5,984,232 shares of Class A common stock of Genesee & Wyoming Inc. by investment funds associated with The Carlyle Group. The net proceeds from the offering were approximately $580.7 million.

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Simpson Thacher Represents Jostens, Inc. in its Acquisition of American Achievement Group Holding Corp.

The Firm is representing Jostens, Inc. (“Jostens”) in connection with its announced acquisition of American Achievement Group Holding Corp. (“American Achievement”).  American Achievement is a premier provider of commemorative jewelry and recognition products such as class rings, yearbooks, letter jackets and other jewelry, including military and family products.  American Achievement’s products and brands include Balfour®, Taylor, ArtCarved® and Keepsake®.  The transaction, which is subject to customary closing conditions and regulatory review, is expected to close not later than the second quarter of 2014.

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Thompson Hine New York Brings on Third Litigation Partner in Three Months

Thompson Hine LLP is pleased to announce that Tammy Bieber, a securities litigator, has joined its New York office as a partner in the Business Litigation practice, which the firm has identified as a growth area for the office. She previously was a partner at Shearman & Sterling LLP and spent time at the U.S. Securities and Exchange Commission, where she served as a senior legal adviser to the Chief Accountant. Bieber is the third partner to join the Business Litigation practice in New York in recent months; the firm recently hired Michael W. Jahnke, who focuses on antitrust litigation, and Maranda Fritz, who focuses on white-collar criminal matters.

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Tags:  Thompson Hine LLP | New York