Milbank LLP represented the financing sources on the debt financing for a strategic growth investment in CohnReznick LLP (“CohnReznick”), one of United States’ leading advisory, assurance and tax firms, from funds advised by Apax Partners LLP.
At the closing of the transaction, CohnReznick will operate in an alternative practice structure: CohnReznick LLP, a licensed CPA firm, will provide attest services — and CohnReznick Advisory LLC (which will not be a licensed CPA firm) will provide tax, advisory, and other non-attest services.
The Milbank deal team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Spencer Pepper, special counsel Gabrielle Paolini Webster and associates Sean McMillon and Justin Hill.
