Gary Creem is a Corporate partner and member of The Private Credit and Finance Groups.
Gary focuses his practice on complex corporate finance transactions, including leveraged sponsor buyouts, acquisition financings and recapitalization transactions. Gary routinely represents an array of leading institutional investors in direct, club and syndicated financing transactions in the middle market and upper middle market, often involving cross-border components. His clients include leading investment banks, institutional investors, direct lenders, private debt funds, business development companies, and technology focused investors. Gary advises these clients on a range of credit products across the capital spectrum, including: senior and senior stretch loans; unitranche facilities (straight and bifurcated); second lien financings; mezzanine debt; subordinated notes; and other innovative financial products. Gary also advises clients on structuring software and other technology-based financings, including recurring revenue based transactions.
Gary is recommended by Chambers USA where clients note he is “the go-to guy for those types of transactions [private credit]”, “particularly good at weighing the positives and negatives of any deal to strike a good balance” and “just what we need to get the deal done.” He is often quoted in industry publications, including Private Debt Investor.
A significant part of Gary’s practice is spent counseling institutional investors in complex inter lender arrangements, including agreements among lenders, intercreditor agreements and subordination agreements. Gary frequently advises clients on debt restructurings and out-of-court workouts, including forbearance matters, debt-for-equity exchanges, restructuring support agreements and Article 9 remedies. Gary has deep experience with non-traditional equity transactions, including debt-like preferred equity as third party financing, equity kickers and co-investments for private credit investors and debt for equity swaps involving troubled companies.
Outside of his law career, Gary sits on the board of Families First in Massachusetts.