TPG in Acquisition Financing Transaction

Cleary Gottlieb represented TPG in connection with the financing of its acquisition of Envision Pharmaceutical Services. The financing consisted of a $405 million senior secured first lien term loan facility, a $65 million senior secured first lien revolving facility and a $175 million senior secured second lien term loan facility.

Envision Pharmaceutical Services provides full service, integrated pharmacy benefit management services, including network-pharmacy claims processing, home delivery (mail-order), benefit-design consultation, drug-utilization review, formulary management, disease management, and drug data analysis services.