Milbank Advises on Financing for the Acquisition of Polygon Group

Milbank LLP advised Park Square Capital in relation to the second lien financing for AEA Investors LP’s acquisition of Polygon Group. This was part of a broader financing solution for AEA, which included first lien financing provided by other lenders.

Polygon is the European market leader in property damage restoration, serving a range of sectors including insurance, property management, government and industrial clients. Polygon generated sales of EUR 743 million in 2020 and provides 24-hour coverage delivered by a global network of more than 5,400 employees in 16 countries.

The Milbank team was led by European Leveraged Finance partners Suhrud Mehta, Miko Bradford and associates Byron Nicol and David Thomas with assistance from tax partner Russell Jacobs, tax associate Fareed Muhammad and corporate associate James MacKay.