McDermott Advises H.I.G. Capital on its Acquisition of Symplicity Corporation

Overview


Chicago (September 30, 2016) – International law firm McDermott Will & Emery represented H.I.G. Capital, a leading private equity investment team, in its acquisition of Symplicity Corporation, a leading provider of SaaS-based solutions to employers, government agencies, colleges and graduate school programs.

H.I.G. Capital is a global private equity investment firm with over $20 billion of equity capital under management.

Headquartered in Arlington, Virginia, Symplicity sells SaaS-based solutions to over 1,200 colleges and graduate school programs that help manage all aspects of a student’s life on campus.

McDermott also handled the structuring, negotiation, documentation and execution of a senior secured term loan and revolving credit facilities with Goldman Sachs Specialty Lending Group, L.P., as administrative agent, collateral agent, lead arranger, syndication agent and documentation agent.

The McDermott team included lawyers from the Firm’s corporate, tax, finance, employment, health, IP, white collar, antitrust, trial and government strategies practices, including Brooks Gruemmer (corporate), Robert Clagg (corporate), Daniel Zucker (tax), Maureen O’Brien (employee benefits), Kristin Michaels (trial), Joshua Buchman (white collar & securities defense), Jennifer Mikulina (IP), Sarah Hogan (health), Carla Hine (antitrust) and James Kim (government strategies).

The McDermott finance team was led by corporate partners Stephanie McCann and Kathy Schumacher.

McDermott’s Corporate & Transactional Practice represents business interests around the world, from global corporations and industry-leading companies to privately funded and entrepreneurial driven enterprises, as well as the financial institutions that support them. McDermott consistently ranks in the leading league tables, including Mergermarket, Thomson Reuters, Bloomberg and PitchBook. The Corporate & Transactional Practice Group was named “Team of the Year” for Middle Market M&A/Buyouts by The Legal 500 and is highly ranked in the United States, Germany and the United Kingdom by various Chambers.

About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.

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