Insights

Zentro Acquires Snip Internet

Choate represented Zentro, a portfolio company of M/C Partners and the Midwest’s fastest growing internet service provider (ISP), in its acquisition of Snip Internet. 

Sverica Capital Management Makes Strategic Growth Investment in Omeda Communications Inc.

Choate represented Sverica Capital Management in its strategic growth investment in Omeda Communications Inc., the leading software-as-a-service audience relationship management platform built for media professionals.

M/C Partners Completes Acquisition of Bel Air Internet

Choate advised M/C Partners in its acquisition of Bel Air Internet, one of the largest privately owned Internet Service Providers to multi-family and commercial clients in Southern California.

M/C Partners Acquires AerioConnect

Choate represented M/C Partners in its acquisition of AerioConnect, LLC, a leading Internet Service Provider to multi-family and commercial clients in the greater Los Angeles market.

Second Avenue Capital Partners Provides $35M Loan to Sur La Table

Choate represented Second Avenue Capital Partners in a $35 million loan to a joint venture of CSC Generation Holdings and Marquee Brands in support of their recently acquired high-end kitchenware retailer Sur La Table.

New Heritage Capital Invests in DeWinter Group

Choate represented New Heritage Capital in its platform investment in Northern California-based DeWinter Group.

The Carlyle Group Finances Le Tote’s Acquisition of Lord + Taylor

Choate represented The Carlyle Group, and its global credit platform, in its recent second lien term loan to Le Tote in connection with the fashion rental subscription service’s purchase of Lord + Taylor from Hudson's Bay Company. 

Great American Capital Partners Provides $200 Million Term Loan to BJ Services

Choate represented Great American Capital Partners in its $200,000,000 senior secured term loan to BJ Services, LLC, a pressure pumping services provider.

Great Hill Partners Successfully Exits Data-Center Company Ascenty in $1.8 Billion-Plus Cross-Border Transaction

Choate represented Great Hill Partners, a leading growth-oriented private equity firm, in its definitive cross-border agreement to sell its controlling interest in portfolio company Ascenty, LLC, the largest provider of data center and fiber infrastructure services in Brazil, to Digital Realty (NYSE: DLR). The transaction values the company at over $1.8 billion.