Indiana

Barnes & Thornburg was born from the merger in 1982. It has 19 offices, plus a satellite branch, in 14 states. 

Focusses / specialisms

Barnes & Thornburg’s presence is felt most in Indiana and Michigan, where it does notable work in banking and finance.

The firm does good work in the banking and finance practice area. The team represents lenders in loan and credit facility agreements, as well as refinancing transactions. They represent many clients in the banking and financial services industry.

Key clients

The firm has a large amount of clients in the banking and financial services industry, but they are confidential. 

Research period review: 30th edition (2019/2020)

Throughout the research period, the banking and finance team advised lenders in numerous term loan and credit facility transactions. It also worked on a couple of refinancing transactions. All of their transactions are confidential.

In terms of lateral moves, the firm brought over partners Jenni Tauzel and Jason Myers from Winstead and Hudson Advisors, respectively. Partner Michael Kaye retired and partner Patrick Sullivan left the firm as well.

Client feedback: 30th edition (2019/2020)

Banking

“Mike Campbell and his Barnes team do an excellent job from the beginning of a new relationship through and beyond close.  Mike provides great ideas to fine tune structure and amend documentation language to satisfy all parties involved.  He is a trusted, valuable partner that I know will get the job done efficiently and accurately.  Additionally his paralegal, Melissa Porter, is awesome to work with as well.  When I engage Mike to work on a new opportunity I know exactly what to expect and without surprises.”

“Comprehensive service offering with experts in various fields. Timely and responsive. Appropriate cost/value proposition.”

“Always provides sound advice, creative, flexible, and timely.”

“Works with bank and borrower’s counsel to agreeable solutions.”

Taft Stettinius & Hollister has over 100 years of experience, dating all the way back to 1885. The firm is headquartered in Cincinnati, but has 10 other offices in Chicago, Cleveland, Columbus, Dayton, Delaware (Ohio), Denver, Indianapolis, Minneapolis, Northern Kentucky and Phoenix. 

Focusses / specialisms

The firm’s Indianapolis office is a market leader in Indiana for the financial and corporate practice.

In banking the team advises lenders and borrowers in real estate financing, acquisition financing, refinancing and general working capital financing.

In the corporate and M&A practice the firm acts on the buy and sell side in strategic and private equity acquisitions, joint ventures and mergers. Many of the acquisitions are related to wider real estate transactions. 

The firm also occasionally advises issuers in bond offerings as part of corporate financing as well as private equity funds in portfolio investments. 

Key clients

Key clients for the firm include Federal Home Loan Bank of Cincinnati, American Municipal Power, Chiquita, Steel Warehouse Company, ForeverCar Holdings, CENX, Cummins, Hopebridge, Zotec, AMG Holdings, Edgewater Capital Partners, Jumpstart, Minnesota Vikings, Stemonix and Northmarq Capital. 

Research period review: 30th edition (2019/2020)

Throughout the research period the banking team, mostly located in Ohio, acted on the lender side in acquisition financing, real estate financing and general corporate financing. It did also represent issuers in corporate bond offerings.

In M&A, all of the offices worked mostly on strategic acquisitions, representing both the buy and sell side. Many of the transactions were related to other real estate transactions.

In lateral moves, the Illinois office brought banking and finance partner Jeffrey Friedman from Ginsburg & Jacobs. The Indianapolis office brought over corporate partner David Umpleby from Krieg DeVault.

In January 2020, Minnesota firm Briggs & Morgan merged with Taft, expanding the latter’s nationwide footprint. 

Deal highlights: 30th edition (2019/2020)

CHS Therapy $60 million recapitalization

Aalberts $60 million acquisition of Precision Plating Company

Hammond Kennedy Whitney & Company acquisition of Fresh Direct Produce

Quotient Technology $20 million acquisition of Ahalogy

Castlelake acquisition of Pontotoc Sands