Milbank, Tweed, Hadley & McCloy LLP represented Goldman Sachs Bank USA as joint lead arranger for the senior secured first lien credit facilities in connection with KKR’s acquisition of Covenant Surgical Partners, Inc. from DFW Capital Partners, a private equity investment firm.
Headquartered in Nashville, TN, Covenant Surgical Partners is a leading acquirer and operator of ambulatory surgery centers and physician practices with 37 facilities located across 17 states.
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit and, through its strategic partners, hedge funds.
The Milbank Global Leveraged Finance team was led by partner Marcus Dougherty and partner Lauren Hanrahan and included associates Christopher Kwan, Zachary Robert Goldberg and Emily Rutcofsky.
Also providing advice on the transaction were: Tax partner Andrew Walker and associate David Hanno, Executive Compensation and Employee Benefits partner Joel Krasnow and associate Christina Skaliks, Environmental Practice partner Matt Ahrens and associate Lindsay Hall.
