Milbank Advising Financing Sources on Apollo’s Acquisition of Kelvion from Triton

Milbank LLP is advising the financing sources in connection with Apollo-managed funds’ acquisition of the majority stake in Kelvion, from funds advised by Triton.
 
Kelvion, founded and headquartered in Germany, is a leading global provider of energy efficient heat exchange and cooling solutions across a broad spectrum of industrial and high-growth end markets and a leader in advanced cooling technologies for data centers. It also plays an enabling role in several key energy transition markets, including carbon capture, hydrogen, electrification, renewables and heat pumps, delivering highly reliable and sustainable solutions to customers around the globe.
 
The Milbank team is led by European Leveraged Finance/Capital Markets partners Suhrud Mehta, Apostolos Gkoutzinis, Rebecca Marques and Sarbajeet Nag, with associates Michael Gatter, Maria Schweinberger, Katherine Williams, Alexandros Makris, Irene Vazquez Scortti and trainee Jamie Chen. The team includes Thomas Ingenhoven, Thomas Kleinheisterkamp, Sarah-Mariah Resch and Lara Milione, in Germany.