Kramer Levin represented Credit Suisse, Cayman Islands Branch and Macquarie Capital (USA) Inc., as lead arrangers, and Credit Suisse, Cayman Islands Branch, as administrative agent in connection with a committed financing for Thoma Bravo’s acquisition of Quorum Software, the leader in digital transformation for the oil and gas industry, from Silver Lake. The financing includes a $30 million revolving credit facility, a $245 million first-lien term loan facility and a $85 million second-lien term loan facility.
The Kramer Levin team was led by Corporate partner Richard E. Farley, along with partner Terrence L. Shen and associates Jared Sherman and Matthew Klegon.