Cravath

Lawyers 463
Turnover Not disclosed
Offices 3

Founded in 1819, Cravath is headquartered in New York City. This American law firm has a strong commitment to Europe and has maintained a dedicated London office since 1973, which has one of the largest contingents of US lawyers in the city.

It represented the lead players in the arrangement of senior credit facilities to finance the acquisition of Palex Medical by funds advised by the private equity firms Apax Partners and Fremman Capital. Palex Medical provides high value‑added medical technology equipment and solutions in southern Europe.

The firm also represented the lenders in the financing of Apax’s acquisition of Finwave, the proprietary fintech and credit management software division of Lutech Group.

Cravath represented the sole physical bookrunner in the amendment and extension of EG Group’s existing senior credit facilities. Founded in 2001 by the Issa family, EG Group is a leading independent convenience retailer based in the UK. The senior facilities consisted of term loan, revolving credit and letter of credit facilities.