Justin Greer

Debt Financing Matters

• A global alternative investment manager as the anchor investor for the $5 billion term loan and secured bonds debt package to Elon Musk’s artificial intelligence startup, x.AI Corp, a public-benefit company focused on developing advanced AI technologies. The debt was matched by a $5 billion strategic equity investment for a total $10 billion capital investment
• Bain Capital and its portfolio companies in various matters, including:
  • Apex Tool Group, Zelis Healthcare and Dealer Tire, among others
• BC Partners and its portfolio companies in various matters, including:
  • The $8 billion acquisition of GFL Environmental Inc.’s (NYSE: GFL) (TSX: GFL) Environmental Services business, the acquisition of a majority stake in PetLab Co., Madison Logic, Pet Smart, Chewy, Presidio and Cyxtera
• Carlyle and its portfolio companies in various matters, including:
  
  • The $3.8 billion acquisition of Baxter’s Kidney Care segment and  Pyschiatric Medical Care, among others
• General Catalyst in the pending $7.4 billion acquisition of Janus Henderson (NYSE: JHG), an asset manager, by an investor group that includes General Catalyst
• Kinderhook and its portfolio companies in various matters, including:
  
  • Enhabit (NYSE: EHAB), a provider of home health and hospice care, formation of IRONCLAD Powered by Mersino through the merger of Ironclad Environmental Solutions and Mersino, among others
• K1 Investment Management and its portfolio companies in various matters, including:
  • Campspot, ELMO Software, Cyara, Crown Peak Technology and Webexpenses Software
• LittleJohn and its portfolio companies in various matters, including:
  • United Air Temp, Interstate Waste Services, Sunbelt Modular and GDS Associates, among others
• Lone Star Funds and its portfolio companies in various matters, including its $3.8 billion acquisition of Hillenbrand, Inc. (NYSE: HI)
• Sentinel Capital and its portfolio companies in various matters, including:
  • The $3 billion sale of NSI Industries to Hubbell Incorporated (NYSE: HUBB), the sale of the Autronica division by Spectrum Safety Solutions to MSA Safety, the sale of the Marioff division by Spectrum Safety Solutions to Inflexion, the $1.425 billion acquisition of the Industrial Fire Business of Carrier (NSYE: CARR), the acquisition of NSI Industries from Odyssey Investment Partners, Det-Tronics, Marioff, Autronica, Fireye, UBEO, New Era Technology, Midwest Eye Consultants, U.S. Occmed Holdings, RefrigiWear, Legility, TTG Imaging Solutions, L2 Brands, High Bar Brands, RecGroup/ Controlled Products, Cabi, ILSCO Corporation
• Summit Partners and its portfolio companies in various matters, including:
  • Invicti Security Corp, TrinTech/Frontier and Accurate Reconciliation
• TPG and its portfolio companies in various matters, including:
  • New Relic Inc, A-Gas, Banyan Treatment Center LLC, Greencross, Sayari Labs Inc., Blue Cloud Pediatric Surgery Centers and EIS Group
• Welsch Carson Anderson & Stowe and its portfolio companies in various matters, including:
  • Equilend, Image Trend, Avetta, Absorb Software, Revel Systems and GovCIO
• Advent International and its portfolio companies in various matters, including:
  • V. Group/Ai Mistral & Cy SCA, CCC Intelligent Solutions, and the proposed acquisition of Nutraceutical Wellness
• Alpine Investors in respect of Ascend, FTV Capital and Guardian Restoration Partners
• Brookfield Asset Management in respect of Everise
• InvestIndustrial in respect of TreeHouse Foods Inc.
• L Catterton in respect of Ideal Image
• Parthenon Capital in respect of Zelis Healthcare, 340B Technologies and Nuvem
• Percheron Capital in respect of Animal Dermatology Group
• Stonepeak Partners in respect of West Texas Gas and WTG Midstream
• Stone Point Capital in respect of SambaSafety
• Thoma Bravo in respect of SUSE SA and Condeco - SpaceIQ
• TZP in respect of At Homes Brands Group Holdings (aka Re-Bath)

Restructuring & Liability Management Matters

• QVC Group, Inc. and its debtor affiliates (QVC) in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. QVC is a leading global live shopping and video commerce company, operating a portfolio of highly recognized brands, including QVC, HSN and Cornerstone. QVC commenced Chapter 11 to implement a comprehensive balance sheet restructuring transaction designed to reduce over $5 billion of its more than $8 billion in total liabilities and position the business for long-term growth. The transaction is supported by a broad consensus across the company’s key stakeholders and is anchored by a comprehensive intercompany settlement that simplifies a complex organizational structure, resolves intercompany claims and facilitates a value-maximizing restructuring. The cases are expected to result in a significantly deleveraged capital structure and enhanced financial flexibility to support QVC continued digital and omnichannel evolution.
• Apex Tool Group, LLC, one of the largest global manufacturers of hand tools and power tools, in a liability management transaction that significantly reduced the company’s total debt, decreased its go-forward interests costs, and provided for additional liquidity and financial flexibility. The transactions included a $125 million new money investment into a super senior debt tranche and an uptier exchange of 92% of the company’s first lien term loans and 93% of the company’s second lien term loans into a combination of second-out and third-out super senior debt tranches that captured $191 million in debt discount
• Dental Care Alliance (DCA), one of the largest dental support organizations (DSOs) in the country, on a transaction supported by 100% of DCA’s existing lenders to significantly improve the company’s financial condition and position the company for long-term growth. The transaction will reduce the company’s debt by more than $1.1 billion, provide DCA with $95 million of new capital, and extend the company’s debt maturities to 2031. This strengthened financial foundation will support the company’s plans to enhance practice support and meet its growth ambitions. The company’s financial partners share DCA’s commitment to clinical and operational excellence and are aligned with the company’s long-term vision
• Cyxtera Technologies Inc. (CYTX) and its affiliates (“Cyxtera”) in their prearranged Chapter 11 cases in the U.S. Bankruptcy Court for the District of New Jersey. Cyxtera is a Nasdaq-traded global leader in data center colocation and interconnection services, providing an innovative suite of connected and intelligently-automated infrastructure and interconnection solutions to more than 2,300 leading enterprises, service providers, and government agencies around the world. Cyxtera filed for Chapter 11 protection in June 2023 with over $1 billion in funded debt obligations and over $1 billion in long-term lease obligations to pursue a sale transaction and/or a recapitalization transaction as contemplated under a Restructuring Support Agreement supported by a supermajority of its existing first lien lenders. Cyxtera also filed with a $200 million committed DIP financing facility provided by certain of its first lien lenders
• David’s Bridal, LLC and certain of its affiliates, the nation’s largest provider of wedding gowns and other special occasion apparel with nearly 300 stores in the United States, Canada, Mexico, and the United Kingdom, in its Chapter 11 cases in the United States Bankruptcy Court for the District of New Jersey. At the time of filing, David’s Bridal operated approximately 300 stores in the U.S., Canada, and the U.K. and commenced its Chapter 11 cases with approximately $260 million of funded debt. During the Chapter 11 cases, following an extensive marketing process, the Company sold its operations as a going concern, saving more than 7,000 jobs and continuing operations at approximately 200 stores
• V. Group / Ai Mistral & Cy SCA
• Warburg portfolio company, Sweeping Corporation of America, a leading provider of street sweeping services, in connection with a new money investment and out-of-court recapitalization of its more than $400 million in funded debt
• Keter Group on its refinancing and subsequent recapitalisation and sale
• Various other distressed and event-driven financings

Senior Associate, Gibson, Dunn & Crutcher, Hong Kong, 2019–2021

Associate, Gilbert + Tobin, Australia, 2015–2019

Paralegal, Gilbert + Tobin, Australia, 2014–2015