Ben Ludewig
Biography
Overview
Ben is an associate in the Debt Finance practice of White & Case's New York office. His practice focuses primarily on the representation of major commercial banks, investment banks, private equity sponsors, funds and corporate borrowers in connection with secured and unsecured syndicated credit facilities and leveraged acquisition financings which are domestic and global in nature.
Experience
Dave & Buster's
Representation of Deutsche Bank, as left lead arranger, agent and lender, in connection with a US$1.35 billion senior secured financing provided to Dave & Buster's (NASDAQ: PLAY) to finance its acquisition of Main Event Entertainment from Ardent Leisure, an Australian-based public leisure company. Dave & Buster's is a leading restaurant and entertainment business with 145 locations in the U.S. and two locations in Canada.
Sumo Logic
Representation of a group of private credit funds led by Alliance Bernstein as lead arrangers, agent and lenders in connection with senior secured credit facilities provided to support Francisco Partners' take-private acquisition of Sumo Logic, Inc. for approximately $1.7 billion. Sumo Logic is a SaaS analytics platform that enables reliable and secure cloud-native applications.
Veeam Software
Representation of JP Morgan as left lead arranger and agent on senior secured credit facilities provided to support Insight Partners' acquisition of Veeam Software for approximately $5 billion. Veeam Software is a cloud data management company.
RSA Security
Representation of JP Morgan as left lead arranger and agent in connection with senior secured credit facilities provided to support Clearlake Capital Group's equity investment in RSA Security.
Learfield Communications
Representation of Deutsche Bank, as left lead arranger, a lender and agent and a group of revolving credit lenders (including Deutsche Bank, JP Morgan, RBC and Barclays) in connection with various financing transactions related to Learfield Communications, including (i) a comprehensive restructuring transaction, pursuant to which Learfield reduced its debt by over $600 million, secured $150 million in new equity investment and, pro forma for the recapitalization, Learfield's majority ownership was comprised of its lead capital providers, including Clearlake Capital Group, Charlesbank Capital Partners and Fortress Investment Group and (ii) senior secured credit facilities provided to finance Learfield's merger with IMG College. Learfield is a diversified and influential media and technology company powering college athletics.
Forcepoint
Representation of Credit Suisse as left lead arranger and agent on senior secured credit facilities provided to finance Francisco Partners' acquisition of Forcepoint, a cyber security solutions provider, from Raytheon Technologies.
TransUnion
Representation of (i) Deutsche Bank, as left lead arranger and agent, in connection with a US$3.1 billion incremental term loan facility provided to TransUnion (NYSE: TRU) to fund its acquisition of Ariel Ultimate Holding Corporation and (ii) JP Morgan as left lead arranger and agent, on a US$640 million second lien term loan facility provided to TransUnion to finance its acquisition of Sontiq, a leader in digital identity protection and security. TransUnion is a US consumer credit reporting agency that collects and aggregates information on over one billion individual customers in over 30 countries.
DC Capital Partners
Representation of DC Capital Partners in connection with various financing transactions in relation to several of its portfolio companies including Michael Baker International, Acuity International, Pond & Company, AMA Group and PBK Architects.
