Davis Polk advised the representative of the initial purchasers in connection with a Rule 144A / Regulation S offering by BCPE Empire Topco, Inc. of $660 million aggregate principal amount of its 7.625% senior notes due 2027. The net proceeds of the offering will be used to repay certain outstanding indebtedness and make a distribution to equity holders, including Bain Capital Private Equity, LP, which controls BCPE Empire Topco, Inc. and its subsidiaries.
Founded in 1984, Bain Capital Private Equity, LP is one of the world’s foremost private investment firms. Together with its subsidiaries, BCPE Empire Topco, Inc. is a leading pure-play specialty distributor of foodservice packaging and janitorial sanitation products in the United States.
The Davis Polk capital markets team included partner Shane Tintle and associate Ida Araya-Brumskine. Counsel Leslie J. Altus and associates Liang Zhang and Bradford Sherman provided tax advice. All members of the Davis Polk team are based in the New York office.