Milbank LLP represented Owl Rock Capital Corporation, as administrative agent, and Owl Rock Capital Advisors LLC, as sole lead arranger and sole bookrunner, in the financing for the purchase by Phil Shawe, the co-founder of TransPerfect, of the remaining shares of TransPerfect Global, Inc. not already controlled by Phil and Shirley Shawe. The transaction marks the end of a court-approved sale process.
TransPerfect is the world’s largest provider of language services and technology solutions for global business. From offices in over 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide.
The Milbank Global Leveraged Finance team was led by partners Marc Hanrahan and Charles Stern and included associates Juyon Kang and Ben Eisenstein. Also providing advice on various points in the transaction was Litigation & Arbitration partner Alan Stone.
