New York – June 15, 2007 – LAWFUEL – The Business & Newswire – Debevoise & Plimpton LLP is advising Babcock & Brown in its definitive merger agreement to acquire 100% of the issued capital of Coinmach Service Corp., a leading supplier of outsourced laundry equipment services for multi-family housing properties in North America, for approximately US$713 million (EV approximately US$1,331 million plus transaction costs).
Babcock & Brown is a global investment and advisory firm with longstanding capabilities in structured finance and the creation, syndication and management of asset and cash flow-based investments. Debevoise & Plimpton LLP is a leading international law firm with offices in New York, Washington D.C., London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai.
The Debevoise team is led by partner Andrew L. Bab and includes partners Andrew N. Berg, Craig A. Bowman and Elizabeth Pagel Serebransky, counsel Huey-Fun Lee and associates James E. Franklin, III, Alexandro M. Padrés-Jiménez, Delphine Pujos, Juan L. Ramirez and Jennifer F. Whetsell.