Overview
International law firm McDermott Will & Emery represented Antares Capital and Blackstone Credit & Insurance, as senior secured lenders, on a unitranche financing in connection with Five Arrows’ acquisition from EQT of Rimes Technologies, a leading enterprise data management as-a-service, ESG, and investment intelligence solutions provider for institutional investors and asset managers, and the related refinancing of existing debt of the target.
Rimes provides transformative enterprise data management solutions to the global investment community. Driven by our passion for solving the most complex data problems, we provide our clients with investment intelligence that powers more than USD 75 trillion in AUM annually. The world’s leading institutional investors, asset managers and service providers rely on Rimes to help them make better investment decisions using accurate information and industry-leading technology. For more information, please visit www.rimes.com.
Founded in 1996, Antares is an experienced and cycle-tested alternative asset manager and a leading provider of financing for PE-backed borrowers. With one of the most seasoned teams in the industry, Antares is focused on delivering attractive risk-adjusted returns for investors and creating long term-value for stakeholders. Antares Capital London Limited is an appointed representative of Langham Hall Fund Management LLP, an entity which is authorized and regulated by the Financial Conduct Authority of the UK.
Blackstone is the world’s largest alternative asset manager. It seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which it invests. It has more than $1 trillion in assets under management include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds.
McDermott’s cross-border team was led by partner Aymen Mahmoud and included counsel Elisa De Carolis and Sarah Gabbai with associates Sophie Rezki and Bethany Drayton. In New York, partner Riley Orloff also advised.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
