Milbank LLP represented a group of arrangers led by UBS in structuring and arranging committed debt financing to support Clearlake Capital Group, L.P.’s (together with certain of its affiliates) acquisition of IXS Holdings, Inc. (“IXS”) and its subsidiaries.
Ontario-based IXS, part of Innovative XCessories & Services, LLC, is the leading provider of coating solutions and vehicle upfit services to manufacturers, the automotive aftermarket and diversified industrial end markets.
The Milbank team was led by Global Leveraged Finance partners Marcus Dougherty and Benjamin Sayagh and associates Jonathan Edwards and Jenny Saufley. Also providing advice on various points in the transaction were Tax partner Eschi Rahimi-Laridjani and associate Corey Spector, Intellectual Property associate Javier Ramos and Global Risk & National Security associates Sean Heiden and Bijan Ganji.
