Automotive

Bpifrance/Mecachrome: Advised Bpifrance Participations in strengthening Mecachrome’s capital base and in setting-up of a French state-guaranteed loan scheme.

Law Debenture Trust Company of New York: Represented the bank as indenture trustee, in the Visteon Corporation chapter 11 cases.

Proliance International: Represented Silver Point Finance, LLC, a major prepetition secured lender, in Proliance International’s chapter 11 cases.

Teksid: Represented TK Aluminum Ltd. and affiliated entities in an out-of-court restructuring involving multiple sale and restructuring transactions that were global in reach.

ATESTEO: Represented 3i-backed ATESTEO with respect to €70 million refinancing/recapitalization.

Formel D: Advised Formel D, a global service provider to the automotive and component supply industry, on a comprehensive refinancing of €179 million.

Yamaha Motor Corp.: Represented Yamaha in various litigation, including:

• Yamaha Hatsudoki Kabushiki Kaisha d/b/a Yamaha Motor Co., Ltd. v. Bombardier Inc., et al.: Lead antitrust counsel for Yamaha in major patent and antitrust litigation involving alleged infringement of 30 patents and antitrust counterclaims.

3i/ATESTEO: Advised 3i on the sale of ATESTEO, an international drivetrain testing specialist, to IHO Holding GmbH & Co. KG, a holding company of the Schaeffler family.

3i/Formel D: Represented 3i Group plc in its agreement to invest up to €247 million in Formel D GmbH, a Germany-based global service provider to the automotive and component supply industry.

Affinitiv, Inc./Loop LLC: Represented Affinitiv, Inc., a portfolio company of CIP Capital, in its merger with Loop LLC (dba AutoLoop), creating the largest provider of data-driven marketing and software solutions exclusively focused on the automotive customer lifecycle. 

American Trailer Rental Group/Milton Street Capital LLC/Advantage Trailer Leasing: Represented American Trailer Rental Group and its Board of Directors in the acquisition of Advantage Trailer Leasing, a semi-trailer and storage container rental business.

Antara Capital/Arrival: Represented Antara Capital in its investment and related debt-for-equity exchange transactions with Arrival.

Ardian/Weber Automotive GmbH: Represented Ardian in its acquisition of a majority interest in Weber Automotive GmbH, one of the global leaders in the vehicle supply industry.

Atlantic Street Capital/ZIPS Car Wash: Represented Atlantic Street Capital and its portfolio company ZIPS Car Wash, a leading express focused tunnel car wash operator in the U.S. in numerous acquisitions of express car wash locations.

Bpifrance/Peugot SA: Represented Bpifrance in its €1.92 billion acquisition of a 12.7 percent stake in French automaker Peugeot SA from the French State.

Club Car/Platinum Equity: Served as financing counsel to Platinum Equity in its $1.7 billion acquisition of Club Car.

CMA CGM Group/GEFCO: Represented CMA CGM Group in its acquisition of GEFCO, a European leader in automotive logistics.

Credit Bureau Connection: Advised Credit Bureau Connection, a portfolio company of the Capstreet Group, in its acquisition of CreditDriver Solutions.

Curtis Instruments/Kohler Co.: We represented Curtis Instruments in its sale to Kohler Co.

Dexter Axle Company/AL-KO VT: Represented Dexter Axle Company, a portfolio company of The Sterling Group, on its acquisition of AL-KO Vehicle Technology from AL-KO Kober SE.

Fiat Chrysler/Peugeot SA: Represented Bpifrance in connection with Fiat Chrysler and Peugeot SA’s agreement to merge, creating the world’s fourth largest automaker.

Flex-N-Gate/Plastic Omnium Businesses: Represented Flex-N-Gate Group, a global automotive supplier, in its acquisition of seven European manufacturing plants – four in France, one in Spain and two in Germany – from France-based Plastic Omnium.

Flowbird/Searchlight Capital Partners/YourParkingSpace: Represented Flowbird, a portfolio company of Searchlight Capital Partners, in its acquisition of YourParkingSpace, a UK parking technology company.

Genstar Capital/OEConnection/Providence Equity Partners: Advised Genstar Capital in its acquisition of a majority stake in OEConnection, a leading automotive technology provider for original equipment manufacturer distribution networks, from funds advised by Providence Equity Partners.

Highline Aftermarket/The Sterling Group/Pritzker Private Capital: Represented Highline Aftermarket Investments, LLC, a majority-owned subsidiary of The Sterling Group, in its acquisition by Pritzker Private Capital.

Holley/Empower Ltd./Sentinel Capital Partners: Represented Holley in its merger with SPAC Empower Ltd., in which Holley will become a publicly traded company.

Platinum Equity/Club Car/Garia A/S: Represented Platinum Equity and its portfolio company Club Car in the financing of Club Car’s acquisition of Garia A/S.

Searchlight Capital Partners/EasyMile: Represented Searchlight Capital Partners in connection with a €55 million Series B funding round in EasyMile, a leader in driverless vehicle software and solutions.

Searchlight Capital Partners/Ograi BidCo AB/Opus Group A.B.: Represented Searchlight Capital Partners in its acquisition of the controlling stake in the share capital of Opus Group AB, a Sweden-based technology-driven, global leader in the vehicle inspection and intelligent vehicle support markets.

The Chernin Group (TCG)/Cars & Bids: Represented the Chernin Group (TCG) in its growth equity investment in Cars & Bids, an online auction house for the modern car enthusiast.

TradePending/The CapStreet Group/AutoAPR: Advised TradePending, a portfolio company of The CapStreet Group, on its acquisition of AutoAPR.

Varroc Engineering Ltd./Plastic Omnium: Advised Varroc Engineering Ltd. in its €600 million sale of Varroc Lighting Systems to Plastic Omnium.

Arcadia Financial Corp.: Represented the board of Minneapolis-based car-financing company Arcadia in various corporate governance matters.