Milbank LLP advised the finance parties on the senior secured syndicated debt financing for the acquisition by funds managed and/or advised by KKR of Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company, from The Rohatyn Group. The transaction was closed in late December.
Founded in 1998 and headquartered in Teaneck, New Jersey, Ness is a leading provider of end-to-end digital transformation services that specialises in building digital software products and platforms.
The Milbank team was led by Hong Kong Global Leveraged Finance partner Davide Mencacci with associates Daniele Sutto, Elliott Clutterbuck, David Zhu and Priscilla Pang.