Jacob Schtevie
Partner, Finance
Jacob Schtevie is a partner in Willkie’s Finance Department. He is based in the Firm's Chicago office.
Jake represents a variety of banks and debt investors in connection with leveraged finance transactions, with an emphasis on sponsor-backed LBOs and recapitalizations. He regularly handles the negotiation and documentation of various credit facility structures, including senior secured, unsecured, first lien/second lien, senior stretch, unitranche, recurring revenue financings, preferred equity and mezzanine debt investments. He has significant experience with lenders, financial sponsors and corporate borrowers across many industries and sectors, on both large-cap and middle market transactions.
Jake represents a variety of banks and debt investors in connection with leveraged finance transactions, with an emphasis on sponsor-backed LBOs and recapitalizations. He regularly handles the negotiation and documentation of various credit facility structures, including senior secured, unsecured, first lien/second lien, senior stretch, unitranche, recurring revenue financings, preferred equity and mezzanine debt investments. He has significant experience with lenders, financial sponsors and corporate borrowers across many industries and sectors, on both large-cap and middle market transactions.
Experience
Jake was previously a partner at White & Case in Chicago.
- Chambers USA - Banking & Finance (Illinois) (2023)
- Leveraged Loans: Five Trends to Optimize the Capital Structure, 2019, PartnerConnect Midwest
- Represented Invesco Senior Secured Management, Inc. in financing for One Equity Partners’ carve-out acquisition of Associated Spring, an engineered spring and precision components manufacturer, from Barnes Group Inc. (NYSE: B).
- Represented BMO Sponsor Finance in financing for Sterling Investment Partners’ investment in Banner Industries, a producer and distributor of high purity and industrial flow components.
- Represented BMO Sponsor Finance in financing for Leeds Equity Partners’ acquisition of Big Blue Marble Academy, a provider of early childhood education programs.
- Represented BMO Sponsor Finance in financing the acquisition of Bevolution Group by Sunny Sky Products, a portfolio company of The Jordan Company.
- Represented BMO Sponsor Finance on financing for Fort Point Capital’s acquisition of Visu-Sewer, a wastewater infrastructure rehabilitation and maintenance services provider.
- Represented BMO Sponsor Finance in financing the acquisition of Kantola Training Solutions by Traliant, a portfolio company of PSG.
- Represented BMO Sponsor Finance in financing the acquisition of Datametica by Onix, a portfolio company of Tailwind Capital.
- Represented the Lead Arranger in a senior recurring revenue credit facility provided to finance the acquisition by a private equity firm of a software company.
- Represented the Lead Arranger in a senior facility provided to finance the acquisition by a private equity firm of a payment processing/services company.
- Represented the Lead Arranger in a senior facility provided to finance the acquisition by a private equity firm of a specialized construction company.
- Represented the Lead Arranger in a senior facility provided to finance the acquisition by a private equity firm of a food manufacturer.
- Represented the Lead Arranger in a USD and Canadian Dollar senior facility provided to finance the acquisition by a private equity firm of a business services company.
- Represented the Lead Arranger in a senior facility provided to finance the recapitalization of a private equity-owned fintech company.
- Represented the Lead Arranger in a senior facility provided to finance the recapitalization of a private equity-owned equipment management company.
- Represented the Lead Arranger in a first out/last out unitranche facility provided to finance the acquisition by a private equity firm of a business services company.
* Jake advised on some of these matters prior to joining Willkie.
Credentials
Education
Indiana University Maurer School of Law, J.D. (cum laude), 2007 Cornell University, B.A., 2003