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MoFo Advises Vontier on Credit Facility and Term Loan Financing

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Morrison Foerster advised Vontier Corporation, a leading global provider of critical technologies and solutions to connect,...

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Morrison Foerster advised Vontier Corporation, a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem that was named to Sustainalytics’ 2025 list of ESG Top-Rated Companies, in connection with its $500 million term loan facility and $750 million revolving credit facility.The team advising Vontier was led by San Francisco finance partner Michael Vernace and San Francisco corporate associate Garret Jones.

MoFo Advises Vontier on Credit Facility and Term Loan Financing

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Michael Vernace is a partner in Morrison Foerster’s San Francisco office and member of the firm’s Finance and Private Equity Investments + Buyouts Groups.Mike’s practice focuses on supporting sponsor-borrowers along with additional lender-side representations and borrower-side bankruptcy remote financings. He regularly advises clients through syndicated finance and other commercial lending transactions, including acquisition, leveraged, investment-grade, asset-based, corporate, receivables, net asset value, and hybrid financings. He has extensive experience representing prominent private equity sponsors and their portfolio companies in complex domestic and cross-border financings, including acquisition financings and refinancings. He has led transactions covering a range of industries, including healthcare and life sciences, tech, telecommunications, and media and entertainment, among others.Mike was recently recognized by The Legal 500 Green Guide: United States 2024 for his efforts in promoting environmental, social, and governance (ESG) standards, and he brings a wealth of experience from his previous role in another global law firm’s banking and credit group.Mike received his J.D. from Duke University and his B.S. in business administration, summa cum laude, from Boston University. He is admitted to practice in both California and New York.

Michael Vernace

Partner

Garret is a corporate associate in Morrison Foerster’s San Francisco office.Prior to joining the firm, Garret was a Summer Associate in the San Francisco office.Garret earned his J.D. from the University of California College of the Law, San Francisco, where he was a Corporate Student Associate at the Startup Legal Garage. He also holds an M.B.A., magna cum laude, from Oklahoma State University, and a B.S. from Missouri Southern State University.Garret previously served as a Logistics Project Manager with the United States Army and also spent time as a Senior Logistics Customs and Compliance Officer with the United States Army Reserve.Garret also played professional soccer with FC Diessfuert in the German Bundesliga.

Garret Jones

Associate

Financial Services