Dechert Advises Conterra on Minority Investment; US$365 Million Debt Facilities

Dechert LLP acted as legal advisor to Conterra Ultra Broadband Holdings, Inc. in an agreement for Fiera Infrastructure Inc. to acquire a minority stake in the company from majority owner Court Square Capital Partners and other equity holders. Conterra also announced the closing of US$365 million of new first lien and second lien debt facilities, strengthening the company’s long-term capital structure and positioning it for further growth.

Conterra is one of the largest independent fiber bandwidth providers in the U.S. with networks that span 21 states. It specializes in the design, deployment and operation of customized broadband networks largely in underserved areas. 

The Dechert team advising Conterra and Court Square includes corporate partners Ken Young and Adam Rosenthal and global finance partner Sarah Gelb, alongside corporate associates Paul Bennett IV, Dorothy Hill, Heather Shimer, Emily Lozada, Jieun Paik, Cesar Sanchez and Angela Kim; international trade partner Jeremy Zucker and associate Susie Park; antitrust partner James Fishkin, counsel Beverly Ang and associates Konstantin Medvedovsky and Michael Okkonen; tax partner Ed Lemanowicz and associate Elizabeth Guidi; employee benefits partner Eric Rubin, associates Ellie Kang and Aryeh Zuber; intellectual property partner Tom Rayski and associate Noah Shier; environmental partner Abbi Cohen; real estate special counsel Francois Quintard-Morenas; and labor associate Jeffrey Rubin.

About Dechert
Dechert is a leading global law firm with 26 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.