Allison Liff is Co-Head of Global Leveraged Finance and a partner in our private capital team based in New York. Allison is a highly sought-after advisor to private equity and other private capital firms, portfolio companies, and corporate clients worldwide. With deep expertise in complex domestic and cross-border debt financing transactions, she provides strategic counsel on acquisition financings, recapitalizations, asset-based lending, liability management transactions, restructurings and ongoing strategic advice. Known for her commercial acumen and ability to navigate high-stakes negotiations with ease, Allison is a trusted partner to clients in today’s dynamic financing landscape. A dynamic and solutions-oriented advisor, Allison combines technical excellence with a pragmatic approach, making her an invaluable resource for clients seeking sophisticated and commercially sound financing solutions.
Recognized as a leader in her field, Allison is ranked in Chambers Global and Chambers USA for Banking & Finance, where clients praise her as being “a very smart lawyer and a zealous advocate for her clients,” “the amount of knowledge she has is impressive,” “smart, market-oriented and a great negotiator,” “very knowledgeable and practical,” and as “always [having] a stellar reputation in the market.” She is also recognized as a “Highly Regarded” lawyer for Banking in the US by IFLR1000 and is featured as an expert in Banking & Finance by Expert Guides’s “Women in Business Law.” Her excellence has been acknowledged with numerous industry accolades, including...
Consumer and Retail
- Advent International on the financing of its affiliate, AI Beauty’s, acquisition of cosmetics brands bareMinerals, BUXOM and Laura Mercier (collectively, n/k/a Orveon) from Shiseido.
- Ardian on its revolving and first and second lien term facilities to finance its acquisition of a majority stake in Florida Food Products and to refinance existing FFP indebtedness and incremental debt raises.
- First Watch Restaurants (a publicly traded company backed by Advent International) on its $175m senior secured facilities to refinance existing indebtedness following its IPO.
- Goldman Sachs on its $560m first and second lien facilities to finance its acquisition of Restaurant Technologies.
- P.F. Chang’s (at the time, a Centerbridge portfolio company) on its $380m senior secured facilities.
- Serta Simmons Bedding (an Advent International portfolio company) on its $1.05bn super-priority senior secured upsized term facility, as part of a recapitalization that eliminated debt and provided liquidity.
- Serta Simmons Bedding (an Advent International portfolio company) on its $2.4bn first and second lien term facilities and an amendment and restatement of their existing $225m asset-based revolving facility.
- Sovos Brands (formerly an Advent International portfolio company) on its $185m senior secured credit facilities to finance its acquisition of Rao’s Specialty Foods.
- Sovos Brands (formerly an Advent International portfolio company) on its $705m first lien credit facilities and $200m second lien credit facility to refinance existing indebtedness and make a pre-IPO dividend to shareholders.
- Sovos Brands (formerly an Advent International portfolio company) on its first and second lien facilities to, primarily, refinance existing indebtedness.
- Thrasio (a company in which Advent International and Silver Lake have substantial minority investments) on its recapitalization and on several incremental debt raises.
- Turnspire Capital Partners LLC on a $50m senior secured term loan facility and $25m asset-based revolving credit facility to finance its acquisitions of LifeLine Foods LLC and ICM BioFuels LLC.
- Verlinvest in connection with the entry by one of its portfolio companies into a $75m senior secured term loan and a $12.5m senior secured delayed draw term loan facility.
Financial Services, Fintech and Business Services
- syncreon Group B.V. on its $126m secured term facility to finance operations during a scheme process in the UK and meet its immediate liquidity needs; senior secured term loan credit facility consisting of a $125.5m first out tranche and a $225m second out tranche; and $135m multicurrency senior secured ABL facility, each to finance operations upon its completion of the scheme process.
- syncreon Group B.V. on an amended and extended $100m senior secured revolving facility to, among other things, create capacity for a third-party receivables financing facility; and on a $100m ABL senior secured revolving receivables financing facility.
- TPG on its senior secured term and revolving facilities to finance its acquisition of Morrow Sodali.
- TPG on its senior secured facilities to finance its acquisition of Keter Environmental Services.
- TPG on its $465m senior secured term and revolving facilities and commitments for Accel Entertainment, in connection with its acquisition by SPAC TPG Pace Holdings, and to refinance existing indebtedness.
- Vitruvian Partners on its strategic co-investment in Walkers Professional Services, the fund and corporate services arm of Walkers, a leading international law firm.
Healthcare and Life Sciences
- CVC Capital Partners on its $670m credit facilities to finance its global carve-out acquisition of Therakos from Mallinckrodt (awarded IFLR Private Equity Deal of the Year 2025).
- ATI Physical Therapy (an Advent International portfolio company) on a $550m credit facility comprised of a $500m senior secured term loan and $50m super-priority senior secured revolver to refinance its existing long-term debt.
- Berkeley Lights on the financing of its acquisition of IsoPlexis.
- PhenomeX on its $108m sale to Bruker Corporation.
- Definitive Healthcare (an Advent International portfolio company) on its $350m senior secured facilities to refinance existing indebtedness immediately following its IPO.
- CVC Capital Partners in connection with the financing for its acquisition of Icario.
Industrials, Energy and Infrastructure
- Advent International on its $600m first and second lien facilities to finance its acquisition of Culligan International Company.
- Al Candelaria S.L.U. (an Advent International portfolio company), on the financing of its acquisition of a 22 percent stake in Ocensa, Colombia’s largest oil pipeline.
- Apollo Infrastructure on the financing of its acquisition of Parallel Infrastructure from Lendlease and subsequent sale to Harmony Towers (a Palistar Capital portfolio company).
- Culligan International Company (an Advent International portfolio company) on multiple incremental debt raises to finance various acquisitions, including ZIP Industries, TWH Filtration Industries, including its principal subsidiary Paragon Water Systems, Aqua Venture, Harvey Water Softeners and Aqua Vital.
- CVC Capital Partners on its $1.3bn senior secured credit facilities to finance its acquisition of Radwell International.
- Fomento Economico Mexicano (FEMSA) on the financing related to the sale of its refrigeration and foodservice equipment operations, Imbera and Torrey, to a fund affiliated with leading private equity firm Mill Point Capital Partners.
- GI Partners on its senior secured facilities to finance its acquisition of Vast Broadband.
- GHP Group, a portfolio company of Turnspire Capital Partners, on a $30m A&R credit facility.
- Infinity Engineered Products, a portfolio company of Turnspire Capital Partners, on a $30m term loan and $7.5m revolving credit facility.
- KKCG, a private capital firm, on the financing for its proposed bid to acquire an industrials company in the US.
- Li-Cycle Holdings on its announced issuance of a $75m senior secured convertible note to Glencore Canada Corporation.
- Schenck Process Group, a Blackstone portfolio company, on the sale of its food and performance materials business to Hillenbrand.
- Searchlight Capital on its first and second lien credit facilities to finance its acquisition of Integrated Power Services.
- Turnspire Capital Partners on a financing for a portfolio company in the industrials sector to finance an acquisition and refinance existing indebtedness.
Technology, Media and Telecoms
- Advent International on its $1.95bn first lien multicurrency facilities to finance its $2.7bn acquisition of Nielsen Global Connect.
- Aquiline Capital on the financing for its acquisition Ontellus, a leader in outsourced records retrieval.
- Assembly, a portfolio company of Advent International and Providence Strategic Growth, to finance its acquisition of PacVue.
- Coupa on its $8bn sale to Thoma Bravo.
- Keysight on its all-cash recommended offer to acquire Spirent Communications PLC and the financing to support the acquisition, comprised of a bridge loan facility.
- Goldman Sachs as sponsor of GS Acquisition Holdings Corp II (GSAH), a SPAC, in $830m first lien term and $50m senior secured revolving facilities for Mirion Technologies, Inc. to finance Mirion’s $2.6bn business combination with GSAH.
- Goldman Sachs on its financing for its investment in AvaSure.
- Shift4 Payments (a Searchlight Capital portfolio company) on its $600m first and second lien facilities to refinance existing indebtedness and to finance an acquisition.
*This deal list includes some matters that Allison completed prior to joining Freshfields.

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