Biography
Dylan Scher is an associate in Weil’s Banking & Finance practice and is based in New York. Dylan participates in advising borrowers, private equity sponsors, banks and other financial institutions in a variety of investment grade and leveraged financing transactions, including first and second lien credit facilities, asset-based loans, middle market and large cap financings, cross-border and domestic acquisition financings and working capital facilities.
Recent Private Equity Finance Representations
- American Securities in first and second lien facilities to finance its acquisition of CPM Holdings, Inc.
- Advent International in connection with an approximately $1.65 billion senior secured term and revolving facility to finance Nielsen Consumer LLC’s (d/b/a NielsenIQ) acquisition of GfK SE.
- Ontario Teachers’ Pension Plan in connection with a senior secured credit facility to finance APCO Holdings, Inc.’s acquisition of National Auto Care.
- Searchlight Capital Partners in first and second lien facilities to finance its acquisition of Integrated Power Services, LLC.
- Sovos Brands (a portfolio company of Advent International) in $325 million senior secured multicurrency facilities to finance its merger with Noosa Yoghurt, LLC (a portfolio company of Advent International).
Recent Corporate Borrower Representations
- Asurion, LLC in $1.25 billion senior secured term loan facility
- Avolon Holdings Limited (an affiliate of the HNA Group) in a repricing amendment and extension of its $4.75 billion Term Loan B; a $2.6 billion senior secured term facility to reprice existing indebtedness; and an $850 million senior secured term facility to reprice existing indebtedness.
- Cano Health, Inc. in $211 million secured exit term loan facility; and $150 million debt-in-possession senior secured term loan facility during the pendency of the Borrower’s and its subsidiaries’ Chapter 11 cases.
- NEOGEN Corporation in its $5.3 billion combination with the Food Safety business of 3M, in a Reverse Morris Trust transaction that implied an enterprise value of the combined company of $9.3 billion and the related $800 million senior secured term and revolving facilities to finance in part its combination.
- SBM Développement SAS in connection with its U.S. loan facility.
- Sotheby's in its $1.1 billion senior secured revolving facility.
- WellSpring Consumer Healthcare (a portfolio company of Avista Healthcare Partners) in a senior secured term loan facility.
Recent Financial Institutions Representations
- Goldman Sachs, as first and second lien administrative agent and a lead arranger, in $2.2 billion first and second lien committed financing to support the $4.2 billion acquisition of Duff & Phelps LLC (n/k/a Kroll, LLC) by an investor consortium led by Stone Point Capital and Further Global.
- JPMorgan Chase, as lead arranger and administrative agent, in a $400 million senior secured revolving facility for Etsy Inc.
- The administrative agent and collateral agent in senior secured facilities to finance Permira’s acquisition of Axiom Global, Inc.
Dylan received his J.D., magna cum laude, from Villanova University School of Law, where he was a Managing Editor of the Villanova Law Review. He received his B.A., summa cum laude, from Syracuse University.