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Akin Advises UBS O’Connor on Financing for Astara Capital Partners’ Acquisition of Ally Building Solutions

March 8, 2024

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(Dallas and New York) – Akin advised UBS O’Connor and its affiliated funds as lenders in connection with a senior secured term loan to finance Astara Capital Partners’ investment in Ally Building Solutions, a leading provider and installer of interior finishes and specialty products in the residential home market. The financing was structured as a unitranche credit facility with a revolving credit facility provided by Bank United.

The Akin team was led by special situations & private credit partner Ryan Kim and included counsel Lech Wilkiewicz and associates Lynn Sherwood, Emily Collins and Megan Gilligan.

More details on the transaction can be found here.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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