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NEWS

Paul Hastings Represents GI Partners in Acquisition and Financing of Peak 10

July 18, 2014

Orange County, CA /New York, NY - Paul Hastings LLP, a leading global law firm, announced today that the firm represented private equity sponsor GI Partners in the acquisition and financing in connection with its acquisition of Peak 10, Inc., a national IT infrastructure and cloud provider.

The financing included a $385 million first lien senior secured credit facility, including term and revolver facilities and a letter of credit sub facility, and a $130 million second lien senior secured term loan facility. 

Paul Hastings private equity partner William Simpson, real estate partner John Simonis and associates John Kang and Jeremy Rocklage represented GI Partners in its acquisition. Leveraged Finance partner Michael Chernick, of counsel Lindsay Sparks and associate Alexandra Ciganer represented GI Partners in securing the financing.

Paul Hastings has represented GI Partners in numerous transactions, spanning over a decade.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information

Practice Areas

Mergers and Acquisitions

Private Equity

Global Finance

Leveraged & Syndicated Lending


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