TowerBrook Capital Partners Secures Unitranche Financing for Acquisition
Deal News | Jan 09, 2025 | Paul Hastings
Paul Hastings LLP has successfully acted as legal advisor to Hayfin in providing unitranche financing for TowerBrook Capital Partners’ acquisition of KPMG’s accounting and social management business focused on very small businesses in France, as well as the associated legal business. This deal highlights the strength and expertise of Paul Hastings’ globally recognized finance and M&A practices. The team, led by Global Finance partner Olivier Vermeulen, included key partners and associates who collectively offered a formidable breadth of legal and financial expertise ensuring the successful structuring and execution of this financial arrangement. Paul Hastings has cemented its position as a top tier law firm noted for its competence across various sectors, underlining its integral role in key transactional activities involving leading investment banks, asset managers, and multinational corporations.
Sectors
- Corporate Finance and M&A
- Private Equity
- Legal Services
Geography
- France – The geography mentioned is France, where KPMG's business unit being acquired is located.
Industry
- Corporate Finance and M&A – The article discusses the facilitation of an acquisition deal, which involves M&A advisory and financial structuring services provided by Paul Hastings.
- Private Equity – TowerBrook Capital Partners, a private equity firm, is involved in the acquisition, showcasing the role of private equity in business transactions.
- Legal Services – Paul Hastings provided legal advisory services, highlighting the role of law firms in facilitating complex financial deals.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | Paul Hastings LLP is a leading global law firm that advised on the unitranche financing transaction. |
| Hayfin | Financing Provider | Company | Hayfin was the financial entity providing unitranche financing for the acquisition. |
| TowerBrook Capital Partners | Purchaser | Company | A private equity firm that acquired KPMG's French business unit. |
| KPMG | Seller | Company | The company selling its French accounting and legal management business unit. |