Proskauer Advises Ares, BlackRock, Pemberton and Investec on Sumer Group Refinancing

Proskauer advised Ares, BlackRock, Pemberton and Investec in connection with the refinancing of Sumer Group’s existing debt as part of the company’s recapitalisation through a single-asset continuation vehicle managed by Penta Capital and anchored by TPG GP Solutions as sole lead investor. The transaction values Sumer at approximately £1 billion…