Milbank LLP represented the financing sources in connection with the financing to support Advent International’s acquisition of a majority equity stake in LayerZero Power Systems, LLC (“LayerZero”).
LayerZero is a leading US manufacturer of power distribution units, static transfer switches, and other power management products for data centers and other mission-critical applications.
The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Charles Stern, along with associates Diane Lee, Elizabeth Andreano and Ellory Brunner.
