Jon B. Nelsen

Switch, a portfolio company of Digital Bridge and IFM, in multiple Rule 144A ABS transactions totaling over $2.5 billion, including the largest green data center ABS transaction ever completed and the first transaction in the enterprise colocation space to achieve a senior sub-tranche with AAA ratings

Brookfield Asset Management (NYSE: BAM, TSX: BAM) in the formation of a $2.1 billion hybrid capital joint venture with Healthpeak Properties (NYSE: DOC), involving a portfolio of outpatient medical buildings

Oncourse Home Solutions in a first-of-its-kind $1.655 billion whole business securitization of home infrastructure warranty assets — the largest inaugural non-quick-service restaurant WBS completed

Initial purchasers in connection with the offering of $1 billion of term notes and $320 million of variable funding notes by indirect subsidiaries of Domino’s Pizza Inc. (Nasdaq: DPZ) under its whole business securitization facility, marking the first major update to the platform since 2012

Jersey Mike’s in connection with its fifth securitization and $760 million note issuance

Point Broadband, a regional broadband provider backed by GTCR and Berkshire Partners, on its inaugural $725 million securitization of fiber and fixed network wireless network assets

Tropical Smoothie Café in its $570 million inaugural whole business securitization facility secured by franchise agreements, royalties and intellectual property

Qdoba Restaurant Corporation in its $435 million whole business securitization

Surf Internet, a provider of fiber optic telecommunication services, on its inaugural $407 million fiber ABS, consisting of a $332 million offering of secured fiber network revenue term notes and a $75 million variable funding note facility

Metro Communications in various transactions, including:

• $399.2 million term note issuance and $60 million upsize of its variable funding note facility which increased the existing facility’s collateral pool by adding assets acquired from Clearwave Fiber LLC
• $322 million inaugural fiber ABS transaction — a private placement with delayed draw notes, distributed in the 4(a)(2) market

Scooter’s Coffee on its inaugural $375 million whole business securitization, consisting of $350 million of Class A-2 term notes and a $25 million variable funding note, through two co-issuers

Unrivaled, a professional women's basketball league, in its Series B investment round led by Bessemer Venture Partners, which increases the league valuation to $340 million

Blackstone-sponsored Tropical Smoothie Cafe, LLC (TSC) in connection with the issuance of its Series 2026-1 term notes under its whole business securitization (WBS) facility, comprising $180 million of Class A-2 notes and $90 million of subordinated Class M notes, which are the first tranche of subordinated notes issued by TSC and among the first issued in the WBS market

Seeker Music in a $267 million private music ABS transaction backed by its catalogs from Joan Jett, Swizz Beatz, B.o.B, Shaboozy and others

A quick-service restaurant franchisor in the issuance of $125 million of term notes and delayed-draw notes under its whole business securitization facility

Ares Management in its investment in Ryan, a tax services and software provider with an integrated suite of federal, state, local and international tax services

Trinity Hunt Partners-backed:

• Argano in its acquisition of Gaea Global Technologies, an Oracle partner
• Argano its acquisition of Ascend, a provider of implementation, optimization and managed services for UKG’s AI-led Workforce Operating Platform
• Argano in its acquisition of Denovo Ventures, a provider of digital transformation and managed services
• Argano in its acquisition of HyBridge Solutions, a provider of cloud-focused consulting services
• Argano in its acquisition of Twelve Consulting Group, a provider of enterprise performance consulting solutions
• Argano in its acquisition of Real Dynamics, a provider of Microsoft Dynamics 365 solutions
• Verndale in its acquisition of the Product Experience Division of Amp, a provider of product design, UX, engineering and digital marketing services, from Advantage Solutions

GCM Grosvenor in its investment in Shepherds Flat, a 338-turbine wind farm with a nameplate capacity of 845 MW

Morgan Stanley Infrastructure Partners in:

• its investment in The Pasha Group, a maritime transportation company
• the sale of its equity stake in Crowley Wind Services, an offshore wind energy solutions company

Mosaik Partners, as lead investor, in the Series A investment round in Sigma Ratings, a risk screening and monitoring platform

Sage Surface Partners, a portfolio company of Trinity Hunt Partners — in its acquisition of Pavement Maintenance, Inc.

Arroyo Investors in its sale of ARCO, one of the largest independent renewable power producers in Chile, to Sonnedix, a global renewable energy independent power producer

Major global financial institution — application of FATCA rules and treaties before US governmental bodies

Major energy company — case before IRS Exam on origin of the claim issues flowing from litigation resolution

Numerous private foundations — application of excise tax rules

RedTeam Software, LLC, a construction management software provider, in its acquisition of PASKR Inc., a cloud-based construction management solution

Partner, Armbrust & Brown PLLC, 2021

Partner, Baker Botts LLP, 2006–2021