Milbank LLP represented Royal Bank of Canada, as administrative agent, joint lead arranger and joint book runner with respect to $385 million in first lien and second lien credit facilities for Autodata, Inc. and Autodata Solutions, Inc. Autodata is a portfolio company of KKR, a leading global investment firm.
AutoData is the leading provider of a diverse and deep stack of data and software solutions that power the automotive industry.
The Milbank Global Leveraged Finance team was led by partner Marcus Dougherty and special counsel Meir S. Hornung and included associates Michael Volodarsky and Drew Gregory. Also providing advice on various points in the transaction were: Tax partner Eschi Rahimi-Laridjani and associate David Hanno, Employee Benefits partner Joel Krasnow and associate Christina Skaliks and Intellectual Property special counsel Kristin Yohannan.
