Jacob W. Bequette (Jake)

Associate

Cleveland + 1.216.586.7006

Jake Bequette focuses his practice on commercial financing. He represents banks and financial institutions as well as public and private companies in connection with secured and unsecured credit facilities.

Erfahrung

  • GOJO Industries sold to CloroxJones Day is advising GOJO Industries, the maker of the iconic PURELL® brand, in its $2.25 billion sale to The Clorox Company.
  • Radial Equity Partners portfolio company acquires Mr. ChainJones Day advised Radial Equity Partners in the acquisition by portfolio company Plasticade of Mr. Chain, a leading manufacturer of crowd control, safety and barrier solutions.
  • Radial Equity portfolio company acquires CortinaJones Day advised Radial Equity Partners in the acquisition and financing by portfolio company Plasticade of Cortina, a leading manufacturer of traffic and work zone safety products, bringing together two of the strongest and most well-known brands in the traffic safety products industry.
  • Oncor Electric Delivery Company obtains $1.4 billion in term loan commitmentsJones Day represented Oncor Electric Delivery Company LLC, Texas's largest transmission and distribution electric utility, in connection with the establishment of a term loan credit facility in an aggregate principal amount of $1.4 billion.
  • Riverside portfolio company acquires Financial Edge and Euromoney LearningJones Day represented The Riverside Company in connection with the acquisition and financing by portfolio company Wall Street Prep of Financial Edge and Euromoney Learning, two leading global providers of financial education and professional development.
  • Resonant Growth Partners portfolio company acquires AGM Industries Inc.Jones Day advised Resonant Growth Partners LLC in the acquisition and financing by portfolio company Industrial Construction Materials Holdings, Inc. of AGM Industries Inc., a leading hardware supplier and manufacturer.
  • TransDigm reprices $3.543 billion of existing tranche I and K term loansJones Day represented TransDigm Group Incorporated and certain of its subsidiaries in connection with an amendment to its senior credit facilities pursuant to which TransDigm repriced $1.686 billion of its existing term loans K maturing March 22, 2030 and amended and extended, and repriced, $1.857 billion of its existing term loans I by converting such loans into term loans K.
  • TransDigm completes $500 million Senior Secured Notes offering, $2 billion Senior Subordinated Notes offering, and incurs $2.5 billion of new term loans under its term credit facilityJones Day represented TransDigm Group Incorporated (“TransDigm Group”), a leading global designer, producer, and supplier of highly engineered aircraft components, in connection with Rule 144A and Regulation S offerings by its wholly-owned subsidiary TransDigm Inc. (“TransDigm”) of $500 million aggregate principal amount of 6.250% Senior Secured Notes due 2034 (the “Secured Notes”) and $2 billion aggregate principal amount of 6.750% Senior Subordinated Notes due 2034 (the “Subordinated Notes”).
  • Priority obtains $50 million receivables securitization facilityJones Day represented certain wholly-owned subsidiaries of Priority Technology Holdings, Inc. (PRTH), a solutions-provider in the BaaS industry, in connection with a $50 million receivables securitization facility with VP Capital, L.P.
  • Priority Holdings amends existing credit facility with syndicate of financial institutions led by Truist BankJones Day represented Priority Holdings, LLC, a direct wholly-owned subsidiary of Priority Technology Holdings, Inc. (PRTH), a solutions-provider in the BaaS industry, in connection with an amendment to its existing credit facility with a syndicate of financial institutions led by Truist Bank, pursuant to which, among other things, Priority Holdings (i) repriced almost $1 billion of existing term loans, (ii) established new incremental term loan commitments in an aggregate principal amount of $50 million, and (iii) established new revolving credit commitments in an aggregate principal amount of $30 million.
  • Swander Pace Capital acquires Maple DonutsJones Day advised Swander Pace Capital in connection with the acquisition and financing of Maple Donuts Inc., a Pennsylvania-based manufacturer of high-quality frozen bakery products.
  • Riverside acquires Door & Window Guard Systems (DAWGS)Jones Day represented The Riverside Company in connection with the acquisition and financing of Door & Window Guard Systems (DAWGS), a premier provider of door and window guards designed to secure vacant properties.
  • Sky Island Capital portfolio company acquires Paper Tubes and Sales Co.Jones Day represented Sky Island Capital in the acquisition and financing by portfolio company Pacific Paper Tube Inc. of Paper Tubes and Sales Co., one of the largest independent manufacturers of paper cores, tubes, and composite cans in the United States.
  • Riverside acquires Wall Street PrepJones Day advised The Riverside Company in the acquisition and financing of Wall Street Prep, Inc., a leading provider of instructor-led and online training programs for the financial services industry.
  • Radial Equity acquires Premier Dental Products CompanyJones Day advised Radial Equity Partners in the acquisition and financing of Premier Dental Products Company, a leading developer and manufacturer of consumable dental products.
  • High Road Capital sells portfolio company TavoronJones Day advised High Road Capital Partners in the sale of its portfolio company Tavoron to Fusion Capital Partners, a Los Angeles based private equity firm.
  • Resonant Growth Partners acquires Midwest FastenersJones Day advised Resonant Growth Partners LLC in the acquisition and financing of Midwest Fasteners, Inc., a leading hardware supplier and manufacturer.
  • Priority Holdings amends existing credit facility with financial institutionJones Day represented Priority Holdings, LLC, a direct wholly-owned subsidiary of Priority Technology Holdings, Inc. (PRTH), a solutions-provider in the BaaS industry, in connection with an amendment to its existing credit facility with a financial institution, pursuant to which, among other things, new incremental terms loans were established in an aggregate principal amount of $115 million.
  • KeyBank arranges financing for Bel Fuse Inc. to acquire Israeli targetJones Day represented KeyBank National Association (together with its affiliates, "KeyBank") in connection with the financing of Bel Fuse Inc.'s acquisition of an 80% stake in Enercon Technologies, Ltd., an Israeli company.
  • TransDigm completes $1.5 billion Senior Secured Notes offering and incurs $1.5 billion of new term loans under its term credit facilityJones Day represented TransDigm Group Incorporated (“TransDigm Group”), a leading global designer, producer and supplier of highly engineered aircraft components, in connection with the Rule 144A and Regulation S offering by TransDigm Inc., its wholly-owned subsidiary, of $1.5 billion aggregate principal amount of 6.000% Senior Secured Notes due 2033 (the “Notes”).