Latham & Watkins Advises Triton Partners on Financing the Acquisition of Flender

Latham & Watkins LLP has advised Triton Partners, a leading European mid-market sector-specialist investor, on the acquisition of Flender from global investment firm Carlyle as well as on the financing of the transaction. Flender is a global market leader in mechanical drive technology, providing gearboxes, couplings, and generators for a broad range of industrial and wind power applications. The transaction comprised the raising of a term loan B, a revolving credit facility, and a guarantee facility.

Latham & Watkins regularly advises Triton Partners on financings, for example refinancings for Keenfinity Group and IFCO.

The Latham team was led by Frankfurt Banking & Private Credit partner Alexandra Hagelüken and counsels Rainer Adlhart and Cora Grannemann, with associate André Traute. Advice was also provided on tax matters by Munich partner Ulf Kieker, with associate Henning Kleymann.