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Dybala, Kelly M.
Partner

Kelly M. Dybala

  • Private Equity
  • Global Finance

KELLY DYBALA is the head of the Global Finance group in Dallas and a co-leader of the firm's Leveraged Finance practice. She focuses her practice on private equity, mergers and acquisitions, liability management transactions, various financing transactions, and debt restructurings. Kelly represents borrowers, private equity funds, and direct lenders concentrating on acquisition financing, asset-based financing (including ABLs, factoring, and securitizations), cash-flow based financing, mezzanine financing, subscription, hybrid, and NAV financings, and subordinated debt and preferred equity financings. In addition, she is experienced in workouts, restructurings, and debtor-in-possession financings.

Kelly's financing experience extends across a wide variety of industries, including: beauty, energy, financial services and payment systems, food service (including fast casual and sit-down restaurants and food production and distribution), gaming, healthcare (including corporate practice of medicine, dentistry, and veterinary businesses), heavy industrials, insurance, logistics, retail, and wholesale businesses, telecommunications (including radio and television), technology and technology services, and wealth management and financial advisory firms.

Kelly has represented a number of leading private equity firms, including Advent International, Avista Capital, BDT Partners, BHMS, Berkshire Partners, Highview Capital, Great Hill Partners, Lindsay Goldberg, Lovell Minnick Partners, OMERS Private Equity, One Equity Partners, Providence Equity Partners, Siris Capital, Summit Partners, THL Partners, TowerBrook, TSG Consumers Partners, Wafra, and Z Capital Partners including many of their portfolio companies. Kelly regularly represents various investment firms in connection with their financing matters, including Castlelake, HighVista, Napier Park, and Pretium Partners. Kelly also represents corporate clients on both investment-grade and leveraged finance matters, including AFLAC, Bodega Latina Corporation, Casa Systems, IDEX Corporation, Fortegra Financial, Pier 1, Mattress Firm, Pennant Group, Raising Cane’s, Regal Rexnord, Tuesday Morning, United Pacific, Univision Communications, Vistra Corp., and Worldpay. Additionally, Kelly has counseled numerous clients in a variety of liability management transactions, including priming debt transactions, asset drop-downs, and other capital structure-optimizing activities.

Kelly has been recognized in numerous prestigious publications, including the below accolades:

  • IFLR1000, “Highly Regarded,” Banking and Finance, United States
  • The Best Lawyers in America, “Best Lawyer,” Banking and Finance Law and Corporate Law (2016–2022)
  • The Hollywood Reporter, “Top 100 Power Lawyer” (2020)
  • Chambers USA, Banking and Finance, Texas (2010–2024)
  • D Magazine, “Best Lawyers in Dallas” (2013 and 2017)
  • Super Lawyers, “Super Lawyer,” Texas (2014–2018)
  • Super Lawyers, “Rising Star,” Texas (2004–2013)
  • Legal 500 US, “Recommended,” Private Equity Buyouts (2014–2016)
  • M&A Advisor, “40 Under 40” honorees (2012)
  • The American Lawyer, “45 Under 45” (2011)
  • Dallas Business Journal, “40 Under 40” (2012)

Credentials

Admissions & Certifications

  • New York
  • Texas

Education

  • The University of Texas School of Law, J.D., 1998
  • Oklahoma State University, B.A., 1995