Freshfields advises Charterhouse Capital Partners LLP in the business combination of Mirion Technologies, Inc. and GS Acquisition Holdings Corp II
Freshfields is advising Charterhouse Capital Partners LLP (CCP) in a deSPAC transaction between Mirion Technologies, Inc. (Mirion), a portfolio company of CCP and a global provider of mission-critical radiation detection and measurement solutions, and GS Acquisition Holdings Corp II (GSAH), a special purpose acquisition company sponsored by an affiliate of The Goldman Sachs Group, Inc. The transaction includes $900 million of fully committed common stock PIPE with participation from leading institutional investors, and a $200 million anchor investment from Goldman Sachs, as well as a total debt commitment of over $900 million from Goldman Sachs Lending Partners, LLC and Citigroup Global Markets Inc. Goldman Sachs are also committing an additional $125 million of equity to the transaction, to be used as a backstop, resulting in a total equity commitment of up to $325 million.
Upon completion of the transaction, it is intended that Mirion’s stock will trade on the New York Stock Exchange under the ticker symbol “MIR.” The transaction is expected to close in the second half of 2021.
Learn more about the transaction here.
The Freshfields team is led by corporate partners Yann Gozal in Paris, Valerie Ford Jacob in New York and Charles Hayes in London, senior associate Vinita Sithapathy and associate Anne Powderly in New York and associate Laurie Dineen in London. Counsel Brian Lewis from New York advised on certain capital markets matters. Advice on the debt financing was provided by partner Kyle Lakin. The team also included partners Aimen Mir, Nabeel Yousef and Tom Ensign and special counsel Christine Laciak from Washington, and partner Pascal Cuche and counsel Tanguy Bardet from Paris.
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