The Firm is representing Digital Bridge Holdings, LLC and Stonepeak Infrastructure Partners in the announced recapitalization of ExteNet Systems, Inc. for over $1 billion. The transaction is expected to close in the second half of 2015, subject to certain regulatory approvals and customary closing conditions.
ExteNet Systems designs, builds, owns and operates distributed networks for use by wireless carriers and venue owners in North America.
The Simpson Thacher team includes David Lieberman, Brian Chisling, Samuel Warfield, Aditya Basrur and Katherine Chen (M&A); Brian Gluck, Taylor Smith and Homin Lee (Credit); David Rubinsky, Andrew Blau and Samantha Steinfeld (ECEB); Marcela Robledo (Intellectual Property); John Hart and Andrew Purcell (Tax); Michael Isby and Timothy Mulvihill (Environmental); and Michael Naughton (Competition). Summer associate Ashleigh Taylor provided valuable assistance.