Mathew S. Rotenberg

Biography

Mat Rotenberg advises both borrowers and lenders in structuring, negotiating and documenting commercial finance transactions, including:

  • asset based loans
  • leveraged loans, including leveraged buyouts (“LBOs”), acquisition financings, and leveraged recapitalizations
  • loan workouts and restructurings
  • debtor in possession and exit financings
  • intercreditor relationships

On the borrower side, Mat advises private equity groups, funds and other sponsors and their portfolio companies, as well as public companies and private companies, including closely-held businesses and family-owned businesses. On the lender side, he advises banks, commercial finance companies, second lien lenders and mezzanine lenders. Mat also advises clients in corporate, mergers & acquisitions, and general business and commercial matters.

Mat has experience working with businesses in a wide range of industries, including business services, chemicals, construction, consumer products, energy, financial services, food processing, healthcare, information technology, manufacturing, media, metals, printing, retail, and wholesale distribution.

Experience

  • A manufacturer of specialty chemicals, in connection with the acquisition of an organotin and organophosphine-based polymer stabilizer, catalyst and chemical business involving a $185 million syndicated term loan and revolving credit facility.
  • An equity sponsor, in connection with the acquisition of a print supply chain management business involving a $14.8 million term loan and revolving credit facility and an $8.5 million mezzanine loan facility.
  • An asset-based lender, in connection with $29.4 million in revolving credit facilities for affiliated food processing businesses.
  • An equity sponsor-backed developer and manufacturer of custom battery packs and related products, in connection with a recapitalization transaction involving a $53 million syndicated term loan and revolving credit facility and a $17 million mezzanine loan facility.
  • A construction and infrastructure company, in connection with a $130 million syndicated term loan and revolving credit facility.
  • A business development company, in connection with the restructuring of its financing arrangements with, and the acquisition and recapitalization of, a publishing company.
  • A provider of global satellite communication services, in connection with a $22 million term loan facility and a $15 million equity investment from a group of development institutions.
  • An equity sponsor-owned distributor of automotive products, in connection with a recapitalization transaction involving a $68 million term loan and revolving credit facility.
  • An equity sponsor-owned distributor of light vehicle maintenance parts and accessories, in connection with a recapitalization transaction involving a $57 million syndicated term loan and revolving credit facility and a $19 million mezzanine loan facility.
  • An equity sponsor, in connection with the acquisition of a defense contractor involving a $15 million term loan and revolving credit facility and an $11 million mezzanine loan facility.
  • An insurance company, in connection with a restructuring, involuntary bankruptcy proceeding and ultimate foreclosure involving a winery.
  • A publicly-held cemetery and funeral home company, in connection with a $120 million syndicated revolving credit and acquisition financing facility.
  • A second lien lender, in connection with the restructuring of its financing arrangements with a distributor of leisure products, including a partial debt-to-equity conversion.
  • An equity sponsor, in connection with the acquisition of a distributor of home medical supplies involving a $29 million term loan and revolving credit facility.
  • The equity sponsors, in connection with the acquisition of a distributor of products used in the petrochemical industry involving a $74 million term loan and revolving credit facility.
  • An equity sponsor, in connection with the acquisition of a distributor of plumbing supplies involving an $86 million syndicated term loan and revolving credit facility.
  • An equity sponsor, in connection with the acquisition of a provider of vanpool services and passenger vehicle leasing services involving a $44 million syndicated term loan and revolving credit facility.
  • An equity sponsor, in connection with the restructuring of an investment in a direct marketing company, including a Uniform Commercial Code foreclosure.
  • A mezzanine lender, in connection with the restructuring of its financing arrangements with a provider of home interior products and services, including a Uniform Commercial Code foreclosure.

News & Views

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Affiliations

Memberships

  • American Bar Association
  • Association for Corporate Growth
  • Association of Commercial Finance Attorneys
  • Turnaround Management Association
Professional Activities

Mat is a member of the board of Compass, a nonprofit organization that provides pro bono strategic consulting services to other nonprofits whose work benefits the Greater Philadelphia community. He is also a Compass volunteer.

Mat is an active member of the Business Law Section of the American Bar Association and an active participant in the Philadelphia chapters of the Commercial Finance Association, the Turnaround Management Association, and the Association for Corporate Growth. Mat is a co-chair of the Programs, Meetings and Communications Subcommittee of the Commercial Finance Committee of the Business Law Section of the American Bar Association. He is also a former chair of the Lender Liability Subcommittee.

Credentials

Admissions

  • New Jersey
  • New York
  • Pennsylvania

Education

  • Pennsylvania State University, BA
  • Villanova University School of Law, JD, magna cum laude