Cahill Represents Lead Arrangers in Financing for Acquisition of AssuredPartners
Date: 10/22/15
Cahill represented Bank of America as administrative agent and lead arranger, and RBC Capital Markets, Morgan Stanley Senior Funding, Macquarie Capital (USA), and Barclays Bank as lead arrangers in connection with a $762,000,000 Term B loan, a $337,000,000 Second Lien Term loan, and a $127,500,000 revolving credit facility for AssuredPartners, Inc., one of the largest independent insurance brokerage firms in the United States. Proceeds from the facility were used in connection with the acquisition of AssuredPartners from GTCR, by private equity firm Apax Partners.