Morrison & Foerster has advised Ares Management as sole term and RCF lender in respect of Searchlight Capital Partners’ (“Searchlight”) investment in Global Risk Partners (“GRP”), a leading independent insurance intermediary. Ares Management (on behalf of funds managed by it) will provide committed acquisition financing to Searchlight and will also continue to provide financing to GRP. Completion of the acquisition is subject to regulatory approval.
The MoFo deal team was led out of London by Finance partners Christopher Kandel and Benoit Lavigne, and Finance associates Ian Chin and Oliver Johnson-Munday, with support from Corporate of counsel Simon Arlington and Corporate associate Steph Craw, and Tax partner Trevor James and Tax associate Kirsten Banks.