Kristen L. Smith

KRISTEN SMITH focuses her practice on financing transactions and private equity. She represents private equity sponsors and their portfolio companies and public and private companies in acquisition and non-acquisition contexts. In addition, Kristen has experience in the financing of workouts and restructurings, including complex liability management transactions.

Kristen’s experience includes the following representative matters:

• Clearlake Capital Group, L.P. and Francisco Partners in the financing for their acquisition of Software Integrity Group (“SIG”) from Synopsys, Inc. (NASDAQ: SNPS) for total consideration of up to US$2.1 billion.
• Clearlake Capital Group, L.P. and its portfolio companies in multiple financings, including:
  • Its US$4.4 billion acquisition of Alteryx, Inc., a leader in artificial intelligence for enterprise analytics.
  • Its US$4.4 billion acquisition of Alteryx, Inc., a leader in artificial intelligence for enterprise analytics.
  • Its US$5.2 billion acquisition of Cornerstone OnDemand, Inc., a global leader in talent management software.
  • Its acquisition of Discovery Education, Inc., a global edtech company.
  • The acquisition by Symplr, a global leader in enterprise healthcare operations, of Midas Health Analytics Solutions from Conduent Incorporated.
• Utz Quality Foods in multiple financings, including the refinancing of its US$630 million senior secured term loan facility, the amendment and extension of its US$225 million asset-based revolving credit facility, a loan financing secured by certain real property and the financing for its acquisition of Inventure Foods and Truco Enterprises.
• Arcline Investment Management and its portfolio companies in multiple financings and ongoing portfolio matters.
• Restaurant Brands International Inc., a multinational fast-food holding company comprised of Burger King, Popeyes Louisiana Kitchen, and Tim Hortons, and its predecessors, in multiple financings, including:
  • Its US$1 billion acquisition of Carrols Restaurant Group.
  • The refinancing of its US$5.43 billion senior secured credit facilities.
  • The acquisition by Burger King Worldwide of Tim Hortons, Inc.
• Siris Capital Group and its portfolio companies in multiple financings, including:
  • Electronics for Imaging, a global technology company, in connection with multiple credit facilities.
  • The refinancing by TPx Communications, a leading nationwide managed services provider, of approximately US$600 million in loans under an existing facility into new superpriority secured credit facilities and concurrent equity investment led by Siris.
• Stonepeak Partners LP in the financing for its acquisition of a 50% interest in the Key Access Pipeline System (“KAPS”), a Canadian natural gas liquids and condensate pipeline system.
• ChrysCapital in the financing of its acquisition of Xoriant, a premier software engineering and digital IT services provider.
• Kinderhook Industries and various of its portfolio companies in multiple financings.
• CareMax, Inc. in the financing for its Chapter 11 filing.
• nCino, Inc., a worldwide leader in cloud banking technology, in the establishment of its revolving credit facility.
• Norwegian Cruise Line Holdings Ltd. in connection with its US$750 million exchangeable senior notes offering, US$675 million senior secured notes offering, and ongoing financing matters.
• Univar Inc. with respect to financing matters in its US$2 billion acquisition of Nexeo Solutions, Inc.

Some of the above matters were handled prior to joining Sidley.