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Shlomo Troodler concentrates his practice in business and financing matters. He counsels clients in accordance with their business needs, including providing frequent counsel in the areas of:
- mezzanine, second lien and tranche B financing
- private equity and venture capital funding transactions
- commercial lending and asset-based financing
- middle-market and small business financing
- mergers and acquisition, including acquisition financing
- restructuring, reorganizations, turnarounds and workouts
- creditors’ rights
- specialty finance lending
- distressed debt investments and debtor-in-possession financing
- real estate lending
- subscription finance and capital call backed lending
Mr. Troodler represents borrowers, banks, commercial finance companies, second-lien lenders, mezzanine lenders and other institutional lenders in a wide range of financing transactions, including secured and unsecured financings; corporate recapitalizations; and acquisition and other leveraged financings.
Mr. Troodler also represents private equity funds and sponsors, their portfolio companies and other privately-held companies. His private equity practice has involved the representation of a number of private equity funds and companies in connection with various types of sophisticated acquisitions and other financing transactions involving a wide variety of industries.
In the workout and restructuring area, Mr. Troodler has represented both corporate borrowers and institutional lenders in connection with pre-bankruptcy workouts and debtor-in-possession and Chapter 11 exit financings.
- Mezzanine fund in connection with multiple debt and equity investments in transactions ranging from $20 million to $75 million, including in the telecommunications, marketing, legal, healthcare, consumer packaged goods and life sciences industries
- Construction and infrastructure company in connection with a syndicated $135 million term loan and revolving credit facility
- National bank in connection with various syndicated credit facilities of over $100 million each and a revolving line of credit, term loan, mortgage loan and equipment line credit facilities in an aggregate of $40 million to a leading privately owned publisher and international book distributor
- Private equity-backed equipment and construction company in connection with $225 million senior credit facility and $45 million second lien credit facility
- Private equity sponsor-backed developer and manufacturer of custom battery packs and related products in connection with multiple acquisitions and recapitalization transactions, and exit
- Private equity fund in multiple leveraged buyout transactions ranging from $20 million to $100 million, and related financing of portfolio companies including dental products, food and agriculture, industrial and construction, wireless, business services and defense industries
- Venture fund with investments in various healthcare services companies, including medical transportation, home health care services and medical devices
- Private equity fund in connection with structuring, negotiating and documenting multiple transactions, including the financing of a specialty merchant finance company and financing of an acquisition of an airship/blimp by a surveillance and security company
Workouts and Restructuring
- Financial institution in structuring and negotiating a global workout and forbearance with a real estate developer with respect to multiple credit facilities to the individual and affiliated entities in the aggregate in excess of $150 million
- Term loan agent and lender in restructuring, workout and eventual bankruptcy in connection with the $50 million tranche B term loan financing of a distributor of leisure products
- Workouts representing lenders in connection with $20 million loan to private hospital and $45 million loan to commercial real estate company and representing borrowers on behalf of technology services company and healthcare agency in connection with loans ranging from $10 to $20 million
COMMUNITY SERVICE & AFFILIATIONS
Mr. Troodler is an active participant in the Philadelphia chapters of the Commercial Finance Association, the Turnaround Management Association and the Association of Corporate Growth. Outside of his professional affiliations, Mr. Troodler is active in his community where he serves as a member of the board of directors at Torah Academy of Greater Philadelphia and a gabbai of Lower Merion Synagogue. Mr. Troodler coaches little league baseball.