Kirkland Counsels SCM Topco on Recapitalization

Kirkland & Ellis advised SCM Topco, LLC, parent of Salt Creek Midstream, LLC and a full service natural gas gatherer and processor, on its comprehensive recapitalization with additional investments from both its existing lender groups and funds managed by Ares Management, a leading global alternative investment manager. The recapitalization was consensual and approved by 100 percent of the lender group. The financial terms of the transaction were not disclosed.

Read the press release from Salt Creek Midstream

The Kirkland team was led by restructuring partners Anup Sathy, Brian Schartz, and Alexandra Schwarzman; debt finance partners Lucas Spivey and Kelann Stirling and associate Scott Reid; and transactional partner Bill Benitez and associate Brice Lipman.