FOR IMMEDIATE RELEASE
International law firm Milbank, Tweed, Hadley & McCloy LLP acted as legal adviser to Koch Equity Development LLC in connection with its affiliate’s minority equity investment in Trident Private Holdings III, LLC, a holding company of Transaction Network Services, Inc. Koch Equity Development LLC is the acquisition and investment subsidiary of Koch Industries, Inc. A portfolio company of Siris Capital Group, LLC, Transaction Network Services, Inc. provides secure, mission critical connectivity and gateway services via a global network enabling its customers to exchange data and information and transact worldwide.
The Milbank team was led by Global Leveraged Finance partner Marc Hanrahan, Global Securities partner Rod Miller and Global Leveraged Finance associates Spencer Pepper and Michael Volodarsky.
Also providing advice were Global Corporate partner Jane Morgan, Global Securities partner Ben Miles, Tax partner Andrew Walker and Tax special counsel Eschi Rahimi-Laridjani.
About Milbank
Milbank, Tweed, Hadley & McCloy is a leading international law firm that has been providing innovative legal solutions to clients throughout the world for nearly 150 years. Milbank is headquartered in New York and has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.
The firm’s lawyers provide a full range of legal services to the world’s leading commercial, financial and industrial enterprises, as well as to institutions, individuals and governments. Milbank’s lawyers meet the needs of its clients by offering a highly integrated and collaborative range of services across key practice groups throughout its global network. Milbank’s integrated practice is underpinned by its attorneys’ acknowledged technical excellence, sectorial experience and a strong tradition of innovation and client service.
