Michael G. Parisi

Partner,

Atlanta

Chair of Corporate Debt Finance Team

Phone: +1 404 881 4779
Email: mike.parisi@alston.com

Mike leads private credit and bank lenders through cash flow and asset-based lending transactions, including sponsor-backed leveraged buyouts and acquisition financings. Clients value Mike’s ability to navigate intricate finance transactions and his recognition of commercial dynamics.

Financial Transactions: Software, SaaS, and Data Services

Represented a private debt fund in connection with a $250 million credit facility to a U.S./United Kingdom-based software company.
Represented a private debt fund in connection with a $105 million credit facility to a health care IT business.
Represented a private debt fund in connection with a $205 million credit facility to an identity security and cloud software company.
Represented a leading provider of enterprise management software solutions as borrower in connection with a $60 million credit facility to finance the acquisition of a collections and recovery business.
Represented an operating subsidiary of a global software company in connection with a $375 million credit facility to purchase a business segment of a leading health care IT, solutions, and services company.
Represented an operating group subsidiary of a global software company in connection with a $52 million credit facility to finance the purchase of a technology company focusing on pension plan valuation and administration.
Represented a private debt fund in connection with a $50 million credit facility to a Canadian software company specializing in emergency services solutions.
Represented a private debt fund in connection with a term loan and upsize ultimately totaling over $200 million to a software company specializing in e-discovery and information governance.
Represented a private debt fund in connection with a $92.5 million credit facility to a health care laboratory software company to finance a leveraged buyout.
Represented a private debt fund in connection with a $135 million credit facility to an education software platform company.
Represented a private debt fund in connection with a $240 million credit facility to a private equity sponsor to finance the acquisition of an automotive software company.
Represented a private debt fund in connection with a $75 million credit facility to a MedTech software solutions company focused on the medical device sector.
Represented a private debt fund in connection with a $45 million credit facility to a tech company specializing in property management software.

Financial Transactions: Digital Infrastructure and Services

Represented a private debt fund in credit totaling over $340 million to an IT and data infrastructure company to finance the platform and add-on acquisitions.
Represented a private debt fund in connection with a $102.5 million financing to acquire a wireless hosting technology company, also involving the financing of a sponsor-backed telecom company.
Represented a private debt fund in connection with a $432.5 million credit facility to a telecommunications company.

Financial Transactions: Business Services

Represented a financial institution arranging and underwriting $245 million of first-lien loans provided by a syndicate of commercial lenders to a marine services company.
Represented a private debt fund in connection with $60 million senior secured credit facilities to finance the acquisition of video service companies.
Represented a specialty lender in connection with $97.5 million senior secured credit facilities to finance the acquisition of an emergency monitoring solutions provider.
Represented a private debt fund in connection with a $97.5 million facility to a financial and legal learning services company with a portfolio of licensing, certification, and continuing education brands.
Represented a private debt fund in connection with $100 million senior secured credit facilities to finance the acquisition of a keg leasing company.

Financial Transactions: Retail

Represented a financial institution, as agent and lender, in connection with a $150 million senior secured credit facility for a consumer electronics retailer.
Counseled an international food product distributor in connection with $50 million of revolving, asset-based loans.
Represented a financial institution, as agent and lender, in connection with $25 million split collateral credit facilities to a regional grocery store chain to finance its exit from bankruptcy, including a $20 million revolving credit facility and a $5 million first-out portion of a term loan facility.
Represented a financial institution, as agent and lender, in connection with $45 million senior secured credit facilities to a fitness club chain.

Financial Transactions: Franchising

Represented a private debt fund in connection with $33 million senior secured credit facilities for a quick-service restaurant franchisee.
Represented a private debt fund in connection with a $130 million facility to a quick-serve food chain.
Represented a private debt fund in connection with a $60 million credit facility to a Dunkin’ Donuts franchisee.

Financial Transactions: Health Care

Represented a private debt fund in connection with a $238 million financing transaction to support the merger of two dermatology platforms.
Represented a private debt fund in connection with multiple tranches and upsizes totaling over $240 million to a veterinary medicine group.
Represented a private debt fund in connection with multiple facilities to a national dermatology group totaling over $400 million.
Represented a private debt fund in connection with a $97.1 million credit facility to support a private equity firm’s acquisition of a dentistry group located in the northeast U.S.
Represented a private debt fund in connection with a $112.5 million facility to a care and support provider of individuals with disabilities.
Represented a private debt fund in connection with both a $107.5 million facility and a $80.7 million facility upsize to a leading health care provider of infusion therapy.
Represented a private debt fund in connection with a $97 million facility to a caregiving support provider located in the southeast and midwest U.S.
Represented a financial institution, as agent and lender, in connection with a $250 million senior secured syndicated credit facility for a pharmacy chain.
Represented a financial institution, as co-lead arranger and agent, in connection with an $86 million senior secured credit facility for the leveraged buyout of a medical products company by a private equity sponsor.
Represented a financial institution, as agent and lender, in connection with a $116 million senior secured credit facility to finance the operation and acquisition of skilled nursing and long-term care facilities.
Represented a financial institution, as agent and lender, in connection with a $50 million senior secured credit facility for a medical accounts receivable consulting company.
Represented a financial institution arranging and underwriting a $95 million senior secured syndicated credit facility for a specialty pharmaceutical company.
Represented a financial institution, as agent and lender, in connection with a $125 million senior secured syndicated credit facility for a medical device distributor.

Financial Transactions: Industrials and Manufacturing

Represented a financial institution, as agent and lender, in connection with a $150 million facility to a steel manufacturing company specializing in rail, energy, and other industrial end markets.
Represented a financial institution, as agent, lead arranger, and lender, in connection with a $75 million revolving facility to an energy, oil and gas, and mining company.
Represented a financial institution, as agent and lender, in connection with $110 million split collateral multicurrency credit facilities to finance the acquisition of a global recycling company.
Represented a financial institution arranging and underwriting $100 million of revolving, asset-based loans and $150 million of term loans, in each case provided by a syndicate of commercial lenders to a leading manufacturer of iron castings and steel forgings.
Represented a financial institution arranging and underwriting $72 million of first-lien loans provided by a syndicate of commercial lenders to a manufacturer of products for packaging applications.
Represented a private debt fund in connection with a $105 million facility to a company specializing in battery-based energy storage.

Financial Transactions: Entertainment

Represented a commercial lender, as holder of senior secured debt, in connection with the recapitalization of an entertainment company, including a refinancing of an existing last-out term loan held by the former private equity sponsor with secured mezzanine debt provided by a specialty lender and exchange of existing mezzanine debt with junior subordinated notes.
Represented a financial institution underwriting and providing $30 million of first-lien loans to a creator and operator of entertainment concepts.

Restructuring and Special Situations

Represented a direct lender in debt restructuring for a technology company involving the conversion of a portion of senior debt to equity and infusion of junior capital to support the execution of a restructuring plan and a successful exit.
Represented a direct lender in connection with a consensual change of control transaction pursuant to which the lender group acquired a majority of the equity interests in a distressed technology company and structured a management incentive plan to bridge to a successful exit.
Advised a direct lender in structuring and executing a consensual change of control transaction involving a new private equity partner to jointly fund a turnaround plan for a distressed retail business.
Advised an asset manager in providing financing for a manufacturing company with significant environmental liabilities emerging from a bankruptcy and acquired in a 363 sale by a private equity sponsor.
Represented a direct lender in connection with empaneling an independent board of directors to execute upon a restructuring plan followed by a distressed M&A transaction pursuant to which the lender group acquired a majority of the equity interests of a health care company.
Represented a financial institution, as agent, in connection with split collateral credit facilities to a regional grocery store chain to finance its exit from bankruptcy, including a revolving credit facility and a first-out term loan facility.
Advised agent for a syndicate of lenders in a debt restructuring for a health care business involving refinancing a portion of first lien indebtedness with new junior capital and structuring a holdco credit facility for additional liquidity.