23 Oct 2025

"Clifford Chance Advises Lenders on Advent's Acquisition of Coherent's Aerospace and Defense Business"

"Clifford Chance has advised lenders in financing Advent International's acquisition of Coherent Corp.'s aerospace and defense business, which specializes in optical and laser systems. The business employs around 550 people across 11 locations. The financing team was led by various partners and associates from Clifford Chance's London and New York offices."

Clifford Chance has advised the lenders to international private equity firm Advent in relation to the financing for its acquisition of Coherent Corp.'s Aerospace and Defense business. The transaction involves Advent acquiring Coherent’s Aerospace and Defense division, which designs and manufactures optical and laser systems for aerospace and defense applications. This business segment includes approximately 550 employees and operates across 11 geographic sites. The legal team from Clifford Chance included London debt finance partner Katherine Sinclair, with support from associates Isabelle Woodcock and Alexander Walker, and trainee Matt Gerszberg. Additionally, London debt finance partner Peter Dahlen, supported by senior associate Raad Gorji, and New York debt finance partner Jason Ewart, supported by counsel Thomas McGowan, were involved. Tax partners Jemma Dick and Avrohom Gelber, along with associate Gil Shauly, also provided their expertise in the transaction.
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