Overview
Riley Orloff focuses his practice on matters concerning corporate finance, restructuring, and private equity. He represents private equity sponsors, alternative investment funds, banks, direct lenders, and other parties in structuring, documenting, and negotiating financing transactions, including syndicated credit facilities, debtor-in-possession financings, asset-based loans, acquisition financings, venture capital investments, dividend recapitalizations and subordinated debt, and mezzanine transactions. He is also a member of the Firm’s Technology Committee.
Results
- Represented a variety of private equity sponsors and their portfolio companies in connection with the negotiation of debt commitment letters and credit facilities for the purposes of funding acquisitions, including senior secured credit facilities, secured second-lien credit facilities, bridge debt facilities and mezzanine debt facilities
- Represented various banks and direct lenders in connection with the negotiation of debt commitment letters, term sheets and credit facilities for the purposes of providing debt financing to private equity and venture capital-backed portfolio companies
- Represented H.I.G. Capital in acquisitions and follow-on financing matters for various portfolio companies, including Cardinal Logistics, Action Elevator, and DazPak
- Represented WindRose Health Investors, LLC in acquisitions and follow-on financing matters for various portfolio companies, including Bluestone Physician Services, Caregiver, Kolmac Clinic, Lykan Bioscience, RevHealth, Trumpet Behavioral Health, and Workplace Options
- Represented Comvest Partners in acquisitions and follow-on financing matters for various portfolio companies, including Engage2Excel and Your Behavioral Health
- Represented a leading private credit lender in connection with the negotiation and documentation of a $562 million senior secured credit facility provided to an industry-leading physician practice management platform for fertility care
- Represented a leading private credit lender in the cross-border bond financing of $350 million in term notes and $50 million in variable notes that were issued to a subsidiary of a leading pharmaceutical company that focuses on developing treatments for substance use disorders and serious mental illnesses
- Represented the administrative agent and lead lender in connection with the negotiation and documentation of a $310 million senior secured credit facility to finance the ongoing operations of a nationwide veterinary physician practice management platform
- Represented the administrative agent and lead lender in connection with the negotiation and documentation of a $252.5 million senior secured credit facility to finance the acquisition and ongoing operations of the owner and operator of several veterinary hospitals in the Mid-Atlantic and New England regions
- Represented the administrative agent and lead lender in connection with the negotiation and documentation of a $190 million senior secured credit facility to finance a private equity fund’s acquisition of a Texas-based home health, hospice, and rehabilitation service company with operations in Texas, Oklahoma, and Kansas
- Represented the administrative agent and lead lender in connection with the negotiation and documentation of a $119 million senior secured credit facility to capitalize a single asset continuation fund backing a leading global clinical research organization
- Represented a private credit fund in connection with the negotiation and documentation of an $85 million senior secured credit facility to finance a private equity fund’s acquisition of a health information and technology company
- Represented Prime Healthcare Services, Inc., a leading national managed care company, in its issuance of $1.5 billion in senior secured notes pursuant to Rule 144A and Regulation S
- Represented a leading diversified industrial company in its $1 billion senior secured revolving and term loan credit facilities and its $500 million registered senior notes
- Represented Quorum Health Corporation, an operator of general acute care hospitals, in its prepackaged chapter 11 cases, which involved the restructuring of approximately $1.5 billion of funded debt and a $100 million debtor-in-possession financing facility. The restructuring ultimately resulted in the successful deleveraging of Quorum’s balance sheet by approximately $500 million. This work was awarded the Pre-Pack Restructuring of the Year – Large Markets recognition as part of Global M&A Network’s 13th Annual Turnaround Atlas Awards
- Represented Output Services Group, Inc. (OSG), a leading provider of print and digital payment solutions, in its prepackaged chapter 11 cases, which involved the restructuring of approximately $750 million of funded debt and a $50 million debtor-in-possession financing facility. The successful restructuring took place pursuant to a restructuring support agreement signed by approximately 87% of OSG’s prepetition first lien lenders that eliminated approximately $550 million of their funded debt obligations. This work received the Large Turnaround of the Year award at the Turnaround Management Association’s 2024 Chicago/Midwest Chapter Awards
- Represented Gulf Coast Health Care, LLC, an operator of 28 skilled nursing facilities, in its chapter 11 cases, including in connection with its $25 million debtor-in-possession financing facility
- Represented Furie Operating Alaska, an upstream oil and gas producer, in its chapter 11 cases, including in connection with its $25 million debtor-in-possession financing facility
- Represented firearms distributor United Sporting Companies, Inc. in its chapter 11 cases, including in connection with its $15 million debtor-in-possession financing facility
Recognitions
- Best Lawyers: Ones to Watch in America, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, 2021- 2025
- Super Lawyers, New York Metro Rising Star, 2023 – 2025
Credentials
Education
Fordham University School of Law, JD, cum laude, 2014
University of Notre Dame, BA, 2011
Admissions
New York
New Jersey
Courts/Agencies
US District Court for the District of New Jersey
US District Court for the Eastern District of New York
US District Court for the Southern District of New York
Languages
English