Akin Gump Advises Solar Capital in Acquisition of Kingsbridge Holdings
Contact:
(New York) – Solar Capital Ltd. has acquired a majority stake in Kingsbridge Holdings LLC from TZP Capital Partners II, LP and its affiliates and the Kingsbridge management team. A team from Akin Gump advised Solar Capital in the transaction.
With the acquisition, Solar Capital will have invested approximately $216 million, in a combination of approximately $136 million of equity and $80 million of debt, to acquire 87.5 percent of Kingsbridge in partnership with the Kingsbridge management team, which is rolling a portion of their equity ownership as part of the transaction.
To learn more, please click here.
Advising Solar Capital in the deal were Akin Gump corporate partner Trey Muldrow, tax partner Ron Nardini, employee benefits partner Rolf Zaiss, counsel Randall Dorf and Madeline Lewis, and associates Leana Garipova and Edward Cohen.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East. Founded in 1945, the firm is proudly celebrating its 75th anniversary in 2020. #AkinGump75
# # #
People Mentioned in This News
