"Runway Growth Finance Corp. to Acquire SWK Holdings Corporation in $220 Million NAV Merger"

Simpson Thacher & Bartlett LLP represented Runway Growth Finance Corp. in its proposed acquisition of SWK Holdings Corporation, while providing legal assistance across various practice areas. The transaction is structured as a net asset value (NAV)-for-NAV merger, with an estimated purchase price of approximately $220 million. This amount includes around $75.5 million in RWAY common stock and approximately $145 million in cash. Additionally, Runway Growth Capital LLC, an affiliate of BC Partners Advisors L.P., will contribute $9 million in cash as consideration to SWK stockholders. The closing of the transaction is subject to approval by SWKH’s stockholders and other customary conditions, with expectations to finalize the deal in late 2025 or the first quarter of 2026. The Simpson Thacher team involved in this transaction includes: - M&A: Jonathan Corsico, Benjamin Bodurian, John Dougherty, David Jennings, Nathan Gonzalez - Registered Funds: Steve Grigoriou, Jonathan Pacheco, Andy Madore, Sara Uhlenbecker - Healthcare: Vanessa Burrows, Alison Peters, Jacob Madden - Tax: Jonathan Goldstein, Brian Mendick, Tova Pfeffer - ECEB: Larry Moss, Ashlie Lawton, Nicolas Deguines - IP: Lori Lesser, Dewey Kang, Isabella Gonzalez - Real Estate: Krista McManus, Dennis Loiacono - Antitrust: Karen Kazmerzak, Kelly Karapetyan, Daniel Owsley - Banking and Credit: Benjamin Persina - Insurance: Steve DeLott The press release does not specify the seniority of the lawyers listed.

"Runway Growth Finance Corp. to Acquire SWK Holdings Corporation in $220 Million NAV Merger"

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