Milbank LLP represented the lenders in connection with the debt financing for the take-private of American defense contracting firm ManTech International Corporation (Nasdaq: MANT) (“ManTech”) by Carlyle (NASDAQ: CG). The deal is valued at approximately $4.2 billion.
Headquartered in Herndon, Virginia, ManTech provides mission-focused technology solutions and services for US defense, intelligence and federal civilian agencies, including full-spectrum cyber, data collection & analytics, enterprise IT, systems engineering and software application development solutions that support national and homeland security.
The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Charles Stern with assistance from associates Diane Lee, Edwin Bogert, Michael Mey and Oscar Campos.