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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

IAC Group Receives Strategic Investment From Gamut Capital Management

2018

Areas Banking and Finance Law, Corporate and Commercial, Employment and Labour, Private Equity

Summary

Goodmans represented Gamut Capital Management LP (“Gamut”) in connection with a strategic investment in International Automotive Components Group S.A. ("IAC"), a global automotive and mobility leader in lightweight and new-material interior solutions. On April 23, 2018, IAC closed its new financing transaction through the issuance of $215 million of Second Lien Notes due April 2023 to funds managed by Gamut. The proceeds, along with cash on hand, were used to redeem IAC’s $300 million 9.125 percent Senior Secured Notes due June 1, 2018. With this transaction Gamut also acquired a minority equity interest in the company. The financing strengthens IAC’s balance sheet and provides the financial flexibility to pursue IAC’s investment strategy to upgrade its asset base and undertake customer projects.