Humberto Romero Carrillo

Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, in connection with a 144A/Regulation S offering of $400 million aggregate principal amount of 4.25% Senior Notes due 2031 by Atkore Inc. (“ATKR”). The notes are guaranteed on a senior unsecured basis by each of ATKR’s existing and future subsidiaries that are borrowers under or that guarantee its senior secured credit facilities.~~Simpson Thacher also represented JPMorgan Chase Bank, N.A., as administrative agent, in providing a new $400 million senior secured term loan credit facility to ATKR’s subsidiary, Atkore International, Inc.~~ATKR intends to use the net proceeds from the notes offering, together with borrowings under its new term loan credit facility, to repay all amounts outstanding under its existing term loan credit facility (including accrued and unpaid interest with respect to such amounts) and pay all fees and expenses related to the notes offering, the new term loan credit facility and such repayment. Any remaining net proceeds will be used for general corporate purposes.~~ATKR (NYSE: ATKR) is a leading provider of electrical, safety and infrastructure solutions.~~The Simpson Thacher team included Art Robinson, David Azarkh, Matt Petrone and Mari Zaldivar (Capital Markets); Jessica Tuchinsky, Dorothy Anne Hector and Humberto Romero Carrillo (Credit); Jonathan Cantor, Eli Shalam and Edward Grais (Tax); Genevieve Dorment and Corina McIntyre (Intellectual Property); Jennifer Neilsson (Executive Compensation and Employee Benefits); Michael Isby (Environmental); and Jennie Getsin (Blue Sky). Summer Associate Matthew Acosta also provided valuable assistance.

May 26

1 min

The Firm is representing affiliates of KKR in connection with their agreement to acquire Ensono, a leading hybrid IT services provider, from Charlesbank Capital Partners and M/C Partners. The transaction is subject to customary closing conditions and financial terms of the transaction were not disclosed. KKR is making the investment primarily from its Americas XII Fund.~~Ensono provides a comprehensive suite of services that help enterprises manage, optimize and modernize their IT systems across mainframe, cloud and hybrid infrastructure.~~The Simpson Thacher team includes Marni Lerner, Johanna Mayer, Caitlin Locurto and Robert Harrison (M&A); Michael Brennan, Remy Denner and Humberto Romero Carrillo (Credit); Nancy Mehlman and Caroline Phillips (Tax); David Rubinsky, Eric Wolf, Emily Manns and Garrick Ehlers (Executive Compensation & Employee Benefits); Timothy Mulvihill (Environmental); Genevieve Dorment and Bobbie Burrows (Intellectual Property); Krista McManus and Dennis Loiacono (Real Estate); and Peter Guryan, Etienne Renaudeau and Andrew Jensen (Antitrust).

Apr 14

1 min

Simpson Thacher is representing KKR in connection with its agreement with Telefónica, a leading global telecommunications company, to establish Chile’s first open access wholesale fiber optics company with the mission to bring greater broadband access across Chile. Under the agreement, KKR will acquire a majority stake in Telefónica Chile’s existing fiber optic network, the largest such network in Chile, and make that network open to all current and future telecom operators in Chile, creating a competitive marketplace benefitting consumers and businesses across the country.~~KKR is making the investment through its Global Infrastructure Investors III Fund. KKR first established its global infrastructure team and strategy in 2008 and has since been one of the most active infrastructure investors around the world. Over this period, KKR has deployed more than $24 billion across approximately 40 infrastructure investments, and currently has a team of 45 dedicated investment professionals.~~The Simpson Thacher team includes Breen Haire, Todd Crider, Karen McClendon, Ana Sanchez, Michael Spirtos, Alexander Gonzalez Castillo and Braxton Pitts (M&A); Robert Meyer and Humberto Romero Carrillo (Credit); Nancy Mehlman and William Smolinski (Tax); and Étienne Renaudeau and Pauline Patat (Antitrust).

Feb 25

1 min

Simpson Thacher is representing Advanced Instruments, a Patricia Industries portfolio company, in connection with its definitive agreement to acquire Artel for up to $140 million. The acquisition is expected to close during the second quarter of 2022 and is subject to regulatory approval and the satisfaction of other customary closing conditions.~~Artel is a leading provider of analytical instruments, consumables, software and services used by life science laboratories within the biopharmaceutical, clinical and diagnostics industries to calibrate, validate and automate their liquid handling processes. Artel’s technologies are recognized globally for enabling its customer base to work more accurately and efficiently, and bring valuable therapies to patients more quickly. Artel is headquartered in Westbrook, Maine.~~Advanced Instruments is a global provider of analytical products and services for the clinical, biopharmaceutical and food & beverage markets. With a strong brand reputation and deep customer relationships, it is recognized as the global authority on osmolality testing, and its products are the standard within each of its core markets. Advanced Instruments is based in Norwood, Massachusetts and is majority owned by Patricia Industries.~~The Simpson Thacher team includes Michael T. Holick, Heesu Kim and Humberto Romero Carrillo (M&A); Jeannine McSweeney, Scott Schilson and Hannah Daniels (Executive Compensation and Employee Benefits); Timothy Gallagher (Real Estate); Sophie Staples and Lina Pan (Tax); Alden Millard, Robert Meyer and Kyle Nelson (Credit); Vanessa Burrows and Tera Rule (Healthcare); Tim Mulvihill (Environmental); Lori Lesser, Samuel Watters and Mark Natividad (Intellectual Property); and Steven DeLott (Insurance).

Apr 26

1 min

Simpson Thacher is representing Israel Discount Bank Ltd. in its sale of an approximately 15% equity stake in Discount Bancorp, Inc., the parent entity of Israel Discount Bank of New York (IDBNY), to Gallatin Point Capital LLC, in exchange for a $150 million investment. The closing of this transaction is subject to receiving approval from the Bank of Israel and other customary closing conditions.~~IDBNY, the largest Israeli-owned bank operating outside of Israel, is a commercial bank providing a comprehensive range of banking services. It focuses on commercial banking, local private banking, and international private banking, and operates through branches in New York, Florida and California.~~The Simpson Thacher team includes Sven Mickisch, Brian Christiansen, Matthew Nemeroff, Tim Gaffney, Makala Kaupalolo, Humberto Romero Carrillo, Wang Chen and Joseph Pucciarelli (M&A—FIG); Pilar Laitano Ferreira, Yuru (Rita) Fu and Yiran Wang (M&A); Jonathan Goldstein, Eli Shalam and Mohanad Salaimi (Tax); Edgar Lewandowski (Capital Markets); Jamin Koslowe and Ashlie Lawton (Executive Compensation and Employee Benefits); and Lori Lesser (IP).

Aug 14

1 min