Davis Polk is advising the lead arrangers in connection with the $4.025 billion credit facilities provided to Brand Energy & Infrastructure Services, Inc., a portfolio company of Clayton, Dubilier & Rice, to finance its acquisition of Safway Group, a portfolio company of Odyssey Investment Partners. The facility consists of a $2.825 billion senior secured term loan facility, a $500 million revolving facility and a $700 million bridge credit facility.

Brand Energy is a premier global provider of specialized services to energy, industrial and infrastructure customers. Brand Energy’s range of services includes work access, corrosion management, atmospheric and immersion coatings, insulation services, fireproofing and refractory, mechanical services, forming & shoring and other complementary specialty services. Brand Energy has over 140 co-located branches at energy-related customer facilities providing a consistent presence for required maintenance work. Brand Energy’s global presence and established customer base provides a platform for continued maintenance-driven growth while also positioning the company to capitalize on increases in capital and infrastructure spending across its served markets.

Safway delivers high-performance multiservice solutions to commercial construction, elevator, infrastructure (bridges, railroads, airports, shipping ports, stadiums and arenas), manufacturing, marine, petrochemical, power (traditional and renewable) and oil and gas customers worldwide. Offering the widest range of equipment and the deep expertise in access, scaffolding, insulation, fireproofing and coatings. 

The Davis Polk credit team included partners Jason Kyrwood and Meyer C. Dworkin and associates Sanders Witkow, Christopher Nairn and Ona Oshen. The capital markets team included partner Michael Kaplan, counsel Meredith L. Mackey and associate Win Rutherfurd. All members of the Davis Polk team are based in the New York office.

Copy link to share post