Carter Ledyard announced today that its client, McIntyre Partners, a private investment firm, raised $100 million via an offering of notes and warrants for equity in Aurora. The financing was made to enable McIntyre and Velocity Partners, a private equity firm focused on the energy and industrials sector, to acquire Moreld, an energy services company on the Norwegian continental shelf from HitecVision. Carter Ledyard’s multidisciplinary team represented McIntyre’s consortium which includes Velocity Partners.
The financing deal was led by partner Guy Lander, Steve McSloy on debt finance, Melinda Fellner on tax, with support by associates Jenny Frank, Louie Ayash, Brielle Kilmartin and Paul Brown III.