We advised the lenders on the facilities

Davis Polk advised the lenders in connection with a $2.25 billion senior secured term loan facility provided to Advent International in connection with its acquisition of Maxar Technologies, Inc.

Maxar Technologies is a space technology company headquartered in Westminster, Colorado. The company specializes in manufacturing communication, Earth observation, radar and on-orbit servicing satellites, satellite products and related services. It has 90 satellites in orbit, counts 70 countries among its customers and employs 4,400 people.

Founded in 1984, Advent International is one of the largest global private equity investors, having invested in more than 300 private equity transactions in 40 countries.

The Davis Polk finance team included partner Jason Kyrwood, counsel Sanders Witkow and associate Matthew Vallade. Partner Corey M. Goodman provided tax advice. Partner Matthew J. Bacal provided intellectual property advice. Counsel Will Schisa provided sanctions advice. Partner Adam Kaminsky and counsel Daniel P. Herrmann provided ERISA advice. Counsel David A. Zilberberg provided environmental advice. Members of the Davis Polk team are based in the New York and Washington DC offices.