Sidley is representing TowerBrook Capital Partners L.P. (TowerBrook) in the acquisition of CBTS from altafiber (formerly doing business as Cincinnati Bell). CBTS is an IT services business that supports enterprise business customers with technology solutions and services including application modernization, cybersecurity, IT consulting, cloud, unified communications, and infrastructure solutions. TowerBrook is a purpose-driven, transatlantic investment management firm that has raised in excess of US$23 billion to date. altafiber provides integrated communications solutions to residential and business customers over its fiber-optic network. The transaction with TowerBrook is expected to provide access to new markets and expand the portfolio of products and services offered by CBTS.
The Sidley team was led by Private Equity partners Brien Wassner and Grace Jamgochian and Global Finance partner Kelly Dybala.
Additional team members included Adrian Zhang, Sam Hulsey, Ryan Metz, Arthur Adler, Chloe Marks, and Chloe Larsen (M&A and Private Equity); Tracey Nicastro, Daniel Burkhart, and Chase Rowland (Global Finance); Marc Korman (Energy, Transportation and Infrastructure); Eric Wolf, P.C. Wang, and Amanda Casanueva (Employee Benefits and Executive Compensation); Christian Brause and Dustin Anderson (Tax); Mark Kaufmann and Andy Dykstra (Technology and Life Sciences); Vadim Brusser, Patrick Harrison, and Flor Van Den Hende (Antitrust and Competition); Kunal Jhaveri (Commercial Litigation and Disputes); Sven De Knop, James Mendenhall, Howard Stanislawski, Carys Golesworthy, Alessandra Moroni, and Lindsey Ricchi (Global Arbitration, Trade and Advocacy); Scott Goldstein (Insurance); Eric Hoffman (Labor, Employment and Immigration); Beatriz Azcuy, Jonathan Koh, and Connor Evans (Real Estate); Maureen Crough (Environmental); Alan Charles Raul, Denise Kara, Stephen McInerney, and Carly Owens (Privacy and Cybersecurity); Alex Kaplan (Securities and Shareholder Litigation); and Craig Francis Dukin and Allison Dapper (White Collar Defense and Investigations).
