Cases & Deals

Industrial Growth Partners portfolio company acquires outstanding stock of QSR Holdings

Client(s) Industrial Growth Partners

Jones Day advised Industrial Growth Partners in connection with its acquisition and related financing by portfolio company Lexington Precision Corporation of all of the outstanding stock of QSR Holdings Co. The financing consisted of: an amended and restated credit agreement containing term and revolving loans with letter of credit and swing loan sub-facilities; and an amended and restated note purchase agreement providing for additional Subordinated Notes used to fund the acquisition.