Charles Mathes

Simpson Thacher represented KKR Real Estate Finance Trust Inc. (NYSE: KREF) (“KREF”) in connection with an offering by KREF of 5,547,361 shares of its common stock, which included a partial exercise of the underwriters’ option to purchase additional shares. The net proceeds (before expenses) from the offering were approximately $120.7 million.~~KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. KREF is externally managed and advised by KKR Real Estate Finance Manager LLC, a subsidiary of KKR & Co. Inc.~~The Simpson Thacher team included Joe Kaufman and Evan Kenyon (Capital Markets); Charles Mathes (Public Company Advisory Practice); Marcy Geller and Jasmine Hay (Tax); and Ben Wells and James Hahn (Registered Asset Management).

Oct 12

1 min

Simpson Thacher represented Apria, Inc. ("Apria") in connection with a secondary offering of common stock by a selling stockholder affiliated with The Blackstone Group Inc. The offering of 5,175,000 shares of Apria common stock, which included the full exercise of the underwriters’ option to purchase 675,000 additional shares, raised over $139 million in gross proceeds, with the selling stockholder receiving all of the proceeds from the offering.~~Apria (Nasdaq: APR), a Blackstone portfolio company, is a leading provider of integrated home healthcare equipment and related services in the United States, providing home respiratory therapy, obstructive sleep apnea treatment and negative pressure wound therapy.~~The Simpson Thacher team included Edgar Lewandowski, Will Golden, Elise Quinones, Pia Figuerola and Mari Zaldivar (Capital Markets); Jeannine McSweeney and Gregory Grogan (Executive Compensation and Employee Benefits); Jonathan Goldstein (Tax); James Rapp and Charles Mathes (Public Company Advisory Practice); and Daniel Kay (Credit).

Jun 16

1 min

Simpson Thacher represented Apria, Inc. (“Apria”) in connection with a secondary offering of common stock by a selling stockholder affiliated with Blackstone Inc. The offering of 4,500,000 shares of Apria common stock, raised $141.75 million in gross proceeds, with the selling stockholder receiving all of the proceeds from the offering. In addition, the selling stockholder granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of Apria common stock.~~Apria (Nasdaq: APR) is a leading provider of integrated home healthcare equipment and related services in the United States, providing home respiratory therapy, obstructive sleep apnea treatment and negative pressure wound therapy.~~The Simpson Thacher team included Edgar Lewandowski, Matt Hart and Taylor Nefussy (Capital Markets); Jeannine McSweeney (Executive Compensation and Employee Benefits); Jonathan Goldstein and Adam Hersch (Tax); and Jennifer Nadborny and Charles Mathes (Public Company Advisory Practice).

Nov 15

1 min

The Firm is representing Apria, Inc. (Nasdaq: APR) (“Apria”), in connection with Apria’s proposed acquisition by Owens & Minor, Inc. (NYSE: OMI) (“Owens & Minor”), for $37.50 in cash per share, representing an equity value of approximately $1.45 billion, as well as the assumption of debt and cash for a total transaction value of approximately $1.6 billion. The transaction is subject to customary closing conditions, including the approval of Apria’s stockholders, and is expected to close during the first half of 2022.~~Apria is a provider of integrated home healthcare equipment and related services in the United States. Owens & Minor is a global healthcare solutions company that incorporates product manufacturing, distribution support and innovative technology services to deliver significant and sustained value across the breadth of the industry – from acute care to patients in their home.~~The Simpson Thacher team includes Anthony Vernace, Michael Chao, Austin Uhm, Beini Chen and Kevin Perron (M&A); Jeannine McSweeney (Executive Compensation and Employee Benefits); Peter Guryan and Max Fischer-Zernin (Antitrust); Daniel Kay and Catherine Burns (Credit); Edgar Lewandowski (Capital Markets); Jonathan Goldstein and Ruoxi Zhang (Tax); Lori Lesser (Intellectual Property); Vanessa Burrows (Healthcare); Krista McManus, Dennis Loiacono and Stephanie Brenner (Real Estate); and Charles Mathes (Public Company Advisory).

Oct 1

1 min

Simpson Thacher represented Hamilton Lane in connection with the private placement by Hamilton Lane Advisors, L.L.C. (“HLA”), the operating subsidiary of Hamilton Lane Incorporated, of $100 million aggregate principal amount of 5.28% Senior Notes due October 15, 2029, and amendments to HLA's credit agreements. Hamilton Lane intends to use the net proceeds from the private placement for general corporate purposes, including seeding new funds and creating new products.~~Founded in 1991, Hamilton Lane is a global private markets investment solutions provider with approximately $129.7 billion of discretionary assets under management, and approximately $810.4 billion of non-discretionary assets under advisement, as of June 30, 2024. Hamilton Lane structures, manages, and monitors portfolios of private markets funds and direct investments to help its clients access a diversified set of investment opportunities worldwide.~~The Simpson Thacher team included Joshua Bonnie, Mark Brod, Aarthy Thamodaran and Amy Donofrio (Capital Markets); Christopher Brown and Alexandra Cullen (Banking and Credit); Charles Mathes (Public Company Advisory Practice); George Gerstein and J. Pasco Struhs (Executive Compensation and Employee Benefits); and Jonathan Cantor and Jiha Min (Tax).

Oct 16

1 min