Co-Head of European Sponsor Finance and Alternative Credit and a partner in the Finance Group, Kanesh Balasubramaniam represents leading private equity sponsors, alternative asset managers and their portfolio companies in complex leveraged buyout financings, acquisition and growth equity transactions and strategic initiatives and partnerships across multiple jurisdictions and all levels of the capital structure.
Balasubramaniam’s representative matters include advising:
- Bain Capital
- its portfolio company Ahlstrom on the successful refinancing and extension of its €1.077 billion syndicated euro term loan
- on the financing aspects of Ahlstrom’s acquisition of Stevens Point
- portfolio company Fedrigoni, jointly owned with BC Partners, on its €665 million high-yield bond offering
- portfolio company Engineering Ingegneria Informatica S.p.A. on a €650 million high-yield bond offering as well as the issuance and private placement of €100 million of additional debt to certain institutional investors
- KPS Capital Partners
- on its all-cash acquisition of a controlling stake in France-based Novacel
- on the financing aspects of its €3.5 billion acquisition of Innomotics from Siemens
- Apollo on their acquisition, alongside other investors, of a minority stake in Motor Fuel Group (MFG)
- BC Partners
- portfolio company United Group on the issuance of more than €1.1 billion of senior secured floating rate notes and €355 million of holding company payment-in-kind (PIK) notes
- on the sale of UK-based mental healthcare provider Elysium Healthcare to Ramsay Health Care
- on the financing aspects of its acquisition of a majority stake in Synthon International Holding, a global market leader in the development of complex generics
- Francisco Partners, alongside TA Associates, on the financing aspects of its acquisition of Orisha, a France-based software company
- L Catterton
- on its agreement to acquire a majority stake in Birkenstock Group, and Birkenstock Holding plc on the approximately €850 million refinancing of its existing credit facilities
- TA Associates
- alongside RLDatix and Five Arrows on the financing aspects of the completed merger of its RLDatix Life Sciences division with MediSpend
- and Inspired Education on its €2.14 billion refinancing and €2.44 billion refinancing
- Thomas H. Lee Partners
- and its portfolio company AutoStore on its $12.4 billion IPO on the Oslo Stock Exchange
- on the acquisition of AutoStore from EQT
- World and Strikwerda Investments on their €1.2 billion syndicated term loan refinancing, including a €1 billion term loan and a new €200 million revolving credit facility
- Investindustrial
- and its portfolio company Guala Closures S.p.A. on an issuance of €350 million of senior secured floating-rate notes and upsize of its existing revolving credit facility
- Nordic Capital
- on its acquisition of Orchid Orthopedic Solutions from Altor Equity Partners
- on the debt financing of its acquisition of the Alloheim Group
- Stonepeak Infrastructure Partners on the financing aspects of their acquisition of a co-control stake in IFCO From the Abu Dhabi Investment Authority
- PAI Partners
- and its portfolio company Albéa Beauty Holdings Sarl on the successful amendment, extension and refinancing of Albéa’s existing facilities
- and Baring Private Equity Asia on their successful bid to acquire World Freight Company International
- Parthenon Capital on its strategic investment in Titan Wealth Holdings
- The Carlyle Group on the financing for the acquisition of Jagex PAI Partners
- PizzaExpress on its successful refinancing, including a £335 million bond offerings and entry into its new super senior revolving credit facility
- Burger King France SAS on a bank/bond refinancing
- Goldman Sachs, Merrill Lynch, Citi, Morgan Stanley, Santander and a confidential international bank on the bank/bond financing of Hellman & Friedman and GIC’s acquisition of Allfunds SA
- Deutsche Bank, Crédit Agricole, Natixis and Société Générale on the bank/bond financing of Loxam SAS’ public takeover of Lavendon Group PLC
