Nikolaus Caro
Represents private equity firms and their portfolio companies, public and private companies, and other borrowers and investors in a wide range of financings.
Nick represents a wide range of clients, including private equity firms and their portfolio companies, public and private companies, family offices, private wealth funds, and other issuers, borrowers and investors in U.S. and international financing transactions. His practice focuses on leveraged finance, including broadly syndicated facilities and private credit; acquisition finance, buyouts and minority recapitalizations; holdco PIK facilities, PIK preferred equity, back leverage facilities and other hybrid capital solutions; recurring revenue loans; venture capital and early-stage company debt facilities; asset-based transactions; and complex debt restructurings and liability management transactions.
Experience
- Sycamore Partners on its pending up to $23.7 billion acquisition of Walgreens Boots Alliance
- Endo, Inc., on its pending $6.7 billion merger with Mallinckrodt plc
- OMNIA Partners, a portfolio company of TA Associates and Leonard Green & Partners, in connection with repricings and ongoing financing transactions
- Closure Systems International Group, a portfolio company of Cerberus, in connection with repricings and ongoing financing transactions
- Marsh McLennan in its $7.25 billion financing commitments to support its acquisition of McGriff Insurance Services
- Big Lots, Inc. in its $707.5 million debtor-in-possession financing and subsequent sale transaction
- Loparex, a portfolio company of Pamplona Capital Management, in a cross-border uptier exchange liability management transaction*
- Pamplona Capital Management in multiple financing transactions, including financings for its acquisitions of BFG Supply and Latham Group*
- TA Associates in multiple financing transactions, including financings for its acquisitions, recapitalizations and/or refinancings of Accion Labs, Advantice Health, AffiniPay, AGA Benefit Solutions, Arxan, BluePay, Cliffwater, Death Wish Coffee, Fintech, Kinective, MAV Beauty Brands, Netwrix, OMNIA Partners, Petcurean, PMA, Power Line Systems, Radixx International, Rectangle Health, Stonewall Kitchen, Technosylva, Thermacell and Wealth Enhancement Group*
- Nautic Partners in multiple financing transactions, including financings for its acquisitions, recapitalizations and/or refinancings of EmpiRx Health, Exalt Health, Integrated Home Care Services, Innovative Renal Care, Mikart and Pyramid Healthcare*
- Charlesbank Capital Partners in multiple financing transactions, including financings for its acquisitions, recapitalizations and/or refinancings of Ensono, Kleer, Membersy, Plaskolite, Polyconcept and World Insurance*
- Ridgemont Equity Partners in multiple financing transactions, including financings for its acquisitions of National Power, Northstar Recycling Company and smartShift*
- Dynatrace in its revolving credit facilities and ongoing financing transactions*
*Representations prior to joining Davis Polk
Education
- magna cum laude
- cum laude
Prior experience
- Partner, Goodwin Procter, 2019-2024
- Associate, Goodwin Procter, 2016-2019
- Associate, Blank Rome, 2012-2016
Qualifications and admissions
- State of New York