David E. Rubinsky

Simpson Thacher is representing Depot Connect International (“DCI”) with its definitive agreement to sell the tank truck assets of Linden Bulk Transportation ("LBT”) for an undisclosed amount.~~LBT is a tank truck carrier company that specializes in hauling petroleum products, chemicals, and other bulk hazardous materials.~~The Simpson Thacher team includes Shamus Crosby, Ana Sanchez, Sunny Perkins, and Jacob Bryant (M&A); Nancy Mehlman, Jasmine Hay, and Emma Wang (Tax); Krista McManus (Real Estate); Toby Chun and Michael Isby (Environmental); David Rubinsky, Meredith Brenton, and Matias Botto (ECEB); and Lori Lesser, Marisa Geiger, and Christine Song (Intellectual Property).

Aug 21

1 min

Simpson Thacher advised KKR, a leading global investment firm, and Global Technical Realty (“GTR”), a multi-billion dollar European built-to-suit data center platform, in connection with KKR’s additional $1.5 billion equity commitment into GTR. In connection with this investment, Oak Hill Capital (“Oak Hill”), a thematic, middle-market private equity firm, will join as an investor in the company, committing approximately $400 million. The new commitments from KKR and Oak Hill will support GTR’s substantial development pipeline, including additional greenfield capacity and new market entries across Europe to meet rising demand for high-performance and power-dense compute and cloud infrastructure. With a growing operating team and multiple projects already in execution, GTR is positioned to scale rapidly across Europe as demand for AI-ready data center capacity continues to accelerate. The Simpson Thacher team consisted of Breen Haire, Katy Lukaszewski, David Bumgardner, Eric Zhi, George Smith and Matt Warren (M&A), David Rubinsky, Caitlin Lucey and Josh Goldman (ECEB); Nancy Mehlman, Yash Rupal and Matthew Lester (Tax); Ron Ben-Yehuda (Intellectual Property); and Dennis Loiacono (Real Estate).

Aug 1

1 min

Simpson Thacher is representing DC BLOX in connection with its raise of incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit.~~DC BLOX is a digital infrastructure provider in the Southeast that delivers integrated data center and fiber network solutions at scale to enable hyperscalers, enterprises, communications providers, and technology companies to offer enhanced digital services to their customers and accelerate the region’s economic growth.~~The funding will enable the deployment of over $1 billion of total capital to finance future construction and the development of powered-land banking opportunities, reinforcing DC BLOX’s market position as a hyperscale-ready data center platform.~~The Simpson Thacher team includes Gabriel Silva, David Goodman and Isabella Correa (M&A); Hui Lin and Joann Kim (Capital Markets); Drew Purcell, Andrew Mandelbaum, Tova Pfeffer and Eva Gao (Tax); and David Rubinsky and Alisa Tschorke (ECEB).

Sep 10

1 min

Simpson Thacher is representing DigitalBridge Group, Inc. (NYSE: DBRG) in connection with an initial $6.4 billion equity investment round in Vantage Data Centers, led by investment vehicles managed by DigitalBridge and Silver Lake. The investments are intended to accelerate and extend Vantage’s strategic capabilities to partner with global hyperscalers in meeting unprecedented cloud and AI demand. The capital raise was significantly oversubscribed and upsized by $2.8 billion upon the close with participation from multiple global investors, bringing the completed investment to $9.2 billion.~~Vantage Data Centers is a leading global provider of hyperscale data center campuses, developing and operating across five continents in North America, EMEA and Asia Pacific. Vantage powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises.~~DigitalBridge is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages $75 billion of infrastructure assets on behalf of its limited partners and shareholders.~~The Simpson Thacher team includes Gabriel Silva, Shamus Crosby, Mark Kunzman, Gabriela Astolphi, Jonathan Schwartz, Lawrence Page and E.R. Rolwes (M&A); David Rubinsky and Megan Arrowsmith (Executive Compensation and Employee Benefits); Andrew Purcell, Brian Mendick and Emma Wang (Tax); and Steven DeLott (Insurance).

Sep 1

1 min

Simpson Thacher is representing Applied Systems, a portfolio company of Hellman & Friedman and one of the world’s largest providers of agency and brokerage management systems, in its acquisition of Planck Resolution LTD, the leading artificial intelligence company for the insurance industry. The Simpson Thacher team includes Atif Azher, Naveed Anwar, Shaneel Parikh, Marina Hernandez and Abby Kieker (M&A); Russell Light (Tax); David Rubinsky and Allison Sutherland (Executive Compensation and Employee Benefits); Ron Ben-Yehuda and Bobbie Burrows (Intellectual Property); Karen Kazmerzak and Allison Davido (Antitrust); and Steven DeLott (Insurance).

Jul 24

1 min