Leveraged Buy-Outs and “Going Private” Transactions

Orrick has extensive experience representing lenders, buyers, sellers, directors and management in leveraged buyout transactions. We routinely represent special committees of directors of public companies considering leveraged buyout proposals. We also regularly represent financing sources. And, we frequently are retained by investors who participate with management in leveraged acquisitions of private companies and subsidiaries and divisions of public companies and are often retained by senior management which wishes to initiate a management buyout.

The Firm draws on an assortment of skills from other departments of Orrick to create opportunities and solve problems. Having served as counsel in numerous leveraged buyouts, our lawyers have a broad range of experience in structuring, documenting, negotiating and closing leveraged buyouts. Our leveraged buyout practice is national in scope and includes the representation of foreign investors in the United States. In addition, as a result of our lawyers’ history of assisting investment banks in creating new financial instruments and representing lending institutions in investment financings, we can help structure as well as document the many layers of debt and equity employed in leveraged transactions.