Michael focuses his practice on senior lending, mezzanine lending, private equity finance, and institutional and syndicated transactions. His practice also includes leveraged buyouts, recapitalizations, ESOP financings, equipment financing, and other liquidity events.
He represents lenders, administrative agents, banks, other financial institutions, investors, closely held companies and other borrowers in connection with secured and unsecured lending transactions. He has experience structuring, documenting and negotiating various types of loan transactions, including asset-based transactions, health care transactions, subordinated debt placements, letters of credit and bond financings, syndications, private equity transactions and other leveraged buyout transactions. Michael’s loan transaction experience also includes loan maintenance and modifications, loan restructurings and loan workouts. Michael also represents various businesses in matters of contract preparation and negotiation, corporate governance, and general business counseling.
Representative Experience
- Represented a private equity buyer in its acquisition of a wholesale distributor of pipes, valves, and fittings for an enterprise value of $190,000,000.00.
- Represented a private equity fund in its acquisition of a distributor and installer of garage and overhead doors and related products.
- Represented a private equity buyer in its acquisition of a provider of consulting, staffing and compliance services for higher education institutions.
- Represented the buyer in its acquisition of a German provider of data and software-based anti-financial crime compliance solutions.
- Represented the buyer in its acquisition of a UK provider of data and software-based anti-financial crime compliance solutions
- Representation of a manufacturing company of baking and household kitchen utensils in refinancing to new senior asset based lending facility and customer factoring financings.
- Representation of mezzanine lender in connection with mezzanine financing and equity co-investment to the company in the emergency home renovation market in order to provide funds to add on acquisition.
- Represented Gridiron Capital in its acquisition of AML RightSource — a Cleveland-based provider of anti-money-laundering, Bank Secrecy Act and related financial crime-fighting services — from its prior private equity owner, New York’s Clarion Capital.
- Represented the buyer in its acquisition of a non-asset based third-party, final mile logistics firm.
- Representation of a senior lender in connection with $100 million syndicated credit facility to a nursing home owner and operator.
