Nicholas A. Palumbo
  1. Partner

Mr. Palumbo is a partner in Davis Polk's Finance Group in New York. He has extensive experience in structuring and negotiating direct lending and private credit transactions, including senior stretch and unitranche facilities, secured and unsecured syndicated loans, second lien and recurring revenue transactions, asset-based credit facilities, subscription line credit facilities, subordinated loans and mezzanine financings.

Work Highlights

Mr. Palumbo’s representations before joining Davis Polk include the following.

  • An administrative agent and lenders in connection with a $950 million unitranche facility used to finance a private equity sponsor’s acquisition of a leading provider of cloud-based supply chain management solutions (and subsequent add-on acquisitions by such target)
  • An administrative agent and lenders in connection with a $788 million unitranche facility used to finance an add-on acquisition by an OEM parts provider
  • An administrative agent and lenders in connection with a $75 million recurring revenue growth financing provided to a global software provider specializing in business process automation
  • An administrative agent, collateral agent and lenders in connection with a broadly syndicated $315 million first-lien credit facility used to fund, in part, a private equity sponsor’s acquisition of an application development platform  
  • An administrative agent, lead-left arranger and lenders in connection with a unitranche facility used to finance a private equity sponsor’s acquisition of a leading provider of healthcare-related SaaS solutions
  • An administrative agent, sole lead arranger and lenders, in connection with a unitranche facility used to finance a private equity sponsor’s acquisition of a clinical research organization
  • An administrative agent and lenders in connection with a unitranche facility used to finance a private equity sponsor’s acquisition of a SaaS payments and administration solutions provider

Recognition

  • Legal 500 U.S. – Finance, Commercial Lending, Next Generation Partner
  • A client says, “Nick Palumbo has distinguished himself as a thought leader among a small group of direct lending lawyers in the market today, with the skill set and deal experience to opine on traditional middle market deals and billion dollar plus syndicated private deals.”

Professional History

  • Partner, Davis Polk, 2021-present
  • Partner, White & Case, 2018-2021
  • Partner, Goodwin Procter, 2013-2018
  • Associate, Goodwin Procter, 2010-2013
  • Associate, White & Case, 2004-2010

Practice Focus

Bar Admissions

  • State of New York

Education

  • B.S., New York University, Leonard N. Stern School of Business, 1999
  • J.D., Brooklyn Law School, 2004
    • magna cum laude
    • Notes and Comments Editor, Brooklyn Law Review