Matthew J.Gherlein (Matt)

Associate

Cleveland + 1.216.586.1033

Matt Gherlein focuses his practice on representing lenders and borrowers in complex secured and unsecured commercial financing transactions. He has experience with senior and subordinated debt facilities, cross-border and multicurrency transactions, asset-based loans, acquisition financings, debt restructurings, and unsecured real estate investment trust (REIT) financings.

Banks and private credit funds for which Matt has worked on substantial matters include KeyBank, Citizens Bank, PNC Bank, Wells Fargo Bank, and Crestline Investors. Matt also works on financing-related matters for a number of public companies, including, among others, Marathon Petroleum Corporation, La-Z-Boy, SITE Centers Corp., and The Timken Company, and private equity funds, including, among others, Morgan Stanley Capital Partners, The Riverside Company, Norwest Equity Partners, and Blue Point Capital Partners.

Experience

  • Morgan Stanley Capital Partners acquires Resource Innovations, Inc.Jones Day advised Morgan Stanley Capital Partners in its acquisition and financing of Resource Innovations, Inc. (RI), a leading tech-enabled services company focused on energy efficiency and sustainability.
  • Riverside portfolio company acquires Next Day AccessJones Day represented The Riverside Company in connection with the acquisition and financing by portfolio company Best Life Brands of Next Day Access, a leading provider of residential and commercial home access solutions across the United States and Canada.
  • Riverside portfolio company acquires U.S. LawnsJones Day represented The Riverside Company in connection with its acquisition by portfolio company EverSmith Brands of U.S. Lawns, a provider of lawncare franchisor services, including commercial landscaping and snow removal services, for U.S. commercial properties through a network of franchisees, from an indirect subsidiary of BrightView Holdings Inc. (NYSE: BV).
  • Baird Capital portfolio company acquires Velocity Dynamics, LLCJones Day represented Baird Capital in the acquisition by portfolio company Cleanwater1, Inc. of Velocity Dynamics, LLC, a leading solutions provider of branded, proprietary dry and liquid feed systems for the optimization of chemistry in water and wastewater utilities and industrial plants.
  • Norwest Equity Partners acquires United Sports BrandsJones Day represented Norwest Equity Partners in the acquisition and financing of United Sports Brands, a global leader in sports performance and protective products, including the Shock Doctor, McDavid, Cutters, Nathan, PEARL iZUMi, and Glukos brands.
  • Riverside sells Energy Exemplar to Blackstone and Vista Equity PartnersJones Day is advising investment funds affiliated with Riverside's Australia Fund in connection with the sale of its Energy Exemplar platform to a newly formed acquisition vehicle jointly controlled by investment funds affiliated with Blackstone and Vista Equity Partners (buyer).
  • Timken acquires Des-CaseJones Day advised The Timken Company in the acquisition of Des-Case Corp., a Nashville, Tenn.-based manufacturer of specialty filtration products for industrial lubricants.
  • Timken Europe obtains €200 million term loan facilityJones Day represented The Timken Company, as guarantor, and its subsidiary Timken Europe B.V., as borrower, in connection with a credit agreement with Bank of America, N.A. and KeyBank, National Association, as co-administrative agents, which consisted of a €200 million term loan facility.
  • Mining service provider obtains $25 million increase to its existing revolving credit facilityJones Day represented a mining service provider in connection with an amendment and restatement to their credit facility, which included a $25 million increase to its existing revolving credit facility.
  • MPE Partners recapitalizes Precision PipelineJones Day advised MPE Partners in the acquisition and financing of Precision Pipeline, LLC, a leading provider of critical repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets.
  • Morgan Stanley Capital Partners portfolio company acquires ASL Print FXJones Day advised Morgan Stanley Capital Partners in connection with the acquisition and financing by portfolio company AWT Labels & Packaging Inc. (AWT) of ASL Print FX (ASL), a leading manufacturer of innovative print solutions to beverage, consumer packaged goods, envelope, and promotional markets across North America.
  • KeyBank provides incremental loan for Secretariat’s acquisition of Lighthouse Consulting GroupJones Day represented KeyBank National Association, as administrative agent, in connection with an incremental loan for the acquisition of Lighthouse Consulting Group by Secretariat Advisors LLC, a sponsor-backed borrower.
  • Rockwood Equity Partners sells BJG Electronics, Inc. to FDH AeroJones Day advised Rockwood Equity Partners LLC in connection with its sale of portfolio company BJG Electronics, Inc. ("BJG"), a global supplier of interconnect and electromechanical products to the world’s leading OEMs in the defense, commercial aviation, business aviation, space, oil and gas, and industrial markets, to FDH Aero ("FDH"), a portfolio company of Audax Private Equity.
  • TotalEnergies' affiliate Cray Valley sells three product lines to Pacific Avenue Capital PartnersJones Day is advising Total Energies on its sale of three product lines to Pacific Avenue Capital Partners (Wingtack®, PolyBD® and Dymalink®) developed by Cray Valley, its resin production and sales affiliate.
  • Citizens Bank amends and extends senior secured revolving credit facility for CrossAmerica Partners LPJones Day represented Citizens Bank, N.A., as administrative agent, collateral agent, and lead arranger, in connection with the amendment and restatement of a senior secured revolving credit facility to CrossAmerica Partners LP, a distributor of branded petroleum for motor vehicles, and a subsidiary co-borrower.
  • Horizon Global merges with First Brands GroupJones Day represented Horizon Global Corporation in its acquisition by First Brands Group, LLC, a global automotive parts manufacturer that serves the worldwide automotive aftermarket.
  • Riverside sells SureWerxJones Day advised The Riverside Company in the sale of SureWerx, a leading North American provider of personal protective equipment, safety gear, and tool solutions, to Partners Group.
  • Timken amends and restates $1.15 billion credit facilityJones Day represented The Timken Company, a global leader in engineered bearings and industrial motion products, in connection with an amended and restated credit agreement with Bank of America, N.A. and KeyBank, National Association, as co-administrative agents, which consisted of a $750 million revolving credit facility and a $400 million term loan facility.
  • Libbey Glass refinances term loan agreementJones Day represented Libbey Glass LLC and certain of its affiliates in connection with the refinancing of its term loan credit agreement with Alter Domus (US) LLC, as administrative agent and collateral agent, for a syndicate of lenders.
  • Morgan Stanley Capital Partners portfolio company acquires Label InnovationJones Day advised Morgan Stanley Capital Partners in connection with the acquisition and financing by portfolio company AWT Labels & Packaging (AWT) of Label Innovation, a custom converter and label manufacturer utilizing roll-to-roll rotary and laser die-cutting technology to produce products and components for the medical, technology, and security markets.