- Represented a leading software solutions provider and digital transformation business as the recipient of structured growth investment from two private investment firms.
- Represented a U.S. global asset manager in its takeover of a wireless broadband Internet service provider pursuant to the target’s Chapter 11 plan of reorganization.
- Represented a clean energy investment company in the restructuring of its equity interests.
- Represented a U.S. private equity firm in the leveraged buyout of a travel health care staffing business.
- Represented a European private equity firm in a recurring revenue financing facility used to acquire an environmental, health, and safety analytics software company.
- Represented a portfolio company that provides mental health care services to children through their schools in its sale to a health care investment fund.
- Represented a U.S. global asset manager as the lead investor in a structured investment in a pharma-grade research laboratory infrastructure provider to life sciences companies.
- Represented a U.S. global asset manager in providing financing to a portfolio company of a private equity firm.
- Represented a California-based health care analytics solutions provider to the payer market in its dividend recapitalization.
- Represented a cosmetics company in the refinancing of its asset-based credit facility.
- Represented a U.S. private equity firm in the leveraged buyout of a leading designer and manufacturer of temperature management devices for industrial and medical markets.
Bijal N. Vira
Partner,
- Phone: +1 212 905 9108
- Email: bijal.vira@alston.com
Bijal advises investment firms across the private markets, with close to 25 years of experience structuring complex transactions that require bespoke capital solutions.
- Represented a U.S. investment firm in its leveraged buyout of a major independent practitioner association.
- Represented the majority shareholder of a provider of remote support software solutions in its sale to an American cloud computing technology company.
- Represented a U.S. private equity firm in the cross-border financing of the leveraged buyout of a leading Canadian contract research organization servicing the pharmaceutical, biotech, and medical device industries.
- Represented a U.S. global asset manager as agent and lead lender (and holder of equity interests) in a senior secured term loan to a wireless broadband Internet service provider backed by major institutional investors to finance the purchase of FCC wireless spectrum licenses.
- Represented one of the Southeast’s largest medical groups in its multibillion-dollar sale to a global private equity firm and the merger with a health care portfolio company specializing in urgent care. The transaction, one of the largest involving a physician organization, was the first of its kind between an independent physician-owned multispecialty medical group and an urgent care provider.
- Represented a U.S. private equity firm and its aerospace portfolio company in the leveraged buyout of a global leader in supplying and overhauling aerospace systems and components, which was financed in part by a multi-currency, multijurisdictional senior secured term and revolving credit facility provided by a syndicate of global banking institutions.
- Represented a Japanese conglomerate in the sale of its digital reading platform to an American global private equity firm.
- Represented a U.S. investment firm in the leveraged buyout of a franchisor of home inspection services with over 180 franchises across 32 states.
- Represented a global insurance company in providing a senior split lien secured term loan to an international custom jewelry manufacturer based in the British Virgin Islands and portfolio company of a U.S.-based private equity firm. The transaction involved collateral in five international jurisdictions: the British Virgin Islands, Hong Kong, Thailand, Indonesia, and China.
- Represented a European-headquartered private investment firm and its North American private equity fund in the leveraged buyout of an Italian manufacturer of automotive parts, which was financed in part by a syndicate of global banking institutions pursuant to a multijurisdictional, multi-currency senior secured credit facility, and a domestic mezzanine credit facility. It involved collateral spanning 10 international jurisdictions: Luxembourg, the Netherlands, Italy, Poland, Canada, Hungary, Hong Kong, the United Kingdom, Mexico, and China.
- Represented a U.S. global asset manager as lead investor in the $152 million series financing of a national provider of meeting spaces and hospitality services in Class A office buildings.
- Represented a U.S. private investment firm and one of its portfolio companies in obtaining a senior secured term credit facility to be used for the construction, commissioning, and operation of a Utah tar sands mine.
- Represented a U.S. private investment firm in providing a senior secured term loan to a private equity-backed company effecting a veterinary practice roll-up strategy.
- Represented a U.S. credit-focused alternative asset manager in providing a special situation first lien term loan to the River Rock Entertainment Authority (RREA), a tribal instrumentality of the Dry Creek Rancheria Band of Pomo Indians, the proceeds of which were used by RREA to fund settlements with holders of defaulted outstanding senior and senior subordinated bonds issued to finance the development of the River Rock Casino in Sonoma County, CA.
- Represented a Canadian private credit fund in providing a second lien term loan to a U.S.-based producer of industrial belt conveyor products and portfolio company of a U.S.-based private investment firm.
Bijal Vira represents private equity funds, credit opportunity funds, insurers, asset managers, hedge funds, business development companies, family offices, and other private investment firms. He advises clients in structuring and negotiating equity, debt, and hybrid capital investments, including growth equity, structured equity, venture debt (senior secured or mezzanine), hybrid capital, and buyout transactions.
Bijal is frequently engaged in transactions involving regulated industries, including health care and insurance, as well as transactions with significant cross-border elements. He also regularly advises portfolio companies of his investor clients on leveraged finance transactions undertaken in connection with their sponsors’ equity investments.
Bijal often counsels investors and businesses in special situations, including the management, recapitalization, or redeployment of capital in under-performing, distressed, or transitional investments. These matters involve complex workouts, rescue financings, and restructuring-oriented solutions that require an integrated understanding of the interests of both lender and owner.
Bijal serves on the board of directors of the Business Outreach Center Network and its affiliate, BOC Capital Corp., a not-for-profit Community Development Financial Institution (CDFI) and certified Community Development Entity (CDE) dedicated to training and providing micro-enterprise financing to small businesses owned by women, minority, and immigrant entrepreneurs.
Bar Admissions
- New York
- New Jersey
Education
- The University of Chicago (J.D., 2002)
- University of Rochester (B.S., B.A., 1999)
Memberships
- Business Outreach Center Network, board
- BOC Capital Corp., board