The Firm advised J.P. Morgan in providing $2.1 billion of committed debt financing for STERIS plc (“STERIS”) in connection with the announced acquisition of Cantel Medical Corp. (“Cantel”).
STERIS provides innovative healthcare and life science product and service solutions around the globe. Cantel is a global provider of infection prevention products and services in the healthcare market, primarily to endoscopy and dental customers.
The Simpson Thacher team includes Dan Kay, Matthew Farrell, Leah Nudelman and Heather Lee (Banking and Credit); Art Robinson, John O’Connell and Jason Kitchen (Capital Markets); Jonathan Cantor and Eli Shalam (Tax); Andrew Blau and Pasco Struhs (Executive Compensation and Employee Benefits); Michael Isby (Environmental); and Alysha Sekhon and Bobbie Burrows (Intellectual Property).