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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 and mezzanine debt investments. He has significant experience with lenders and sponsors 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

Bar Admissions


Illinois