Allen & Overy represented Credit Suisse as lead arranger for the $335 million acquisition financing for cloud-based technology company, Dexter + Chaney, LLC by Viewpoint, Inc., a construction software firm and portfolio company of Bain Capital Private Equity. This deal highlights the growing importance and role of technology in bringing productivity advances to the construction sector. The financing consists of a $210 million first lien term loan, $30 million first lien revolving credit facility, and $95 million second lien term loan facility.

Viewpoint is a global provider of innovative construction-specific software solutions and services for the Architect, Engineering & Construction and asset owner markets. Viewpoint is headquartered in Portland, Oregon, and has offices in the UK and Australia.

Dexter + Chaney is a provider of cloud-based construction enterprise resource planning software and has provided clients with complete construction management software for over 35 years. Dexter + Chaney serves more than 1,100 contractors across all construction segments, including heavy/highway and utility, general contractors, electrical, mechanical, and specialty subcontractors, and across all sizes, from locally owned subcontractors to some of the world’s largest construction firms.

The A&O NY leveraged finance team was led by partners Alan Rockwell and Scott Zemser and included associates Jaimie Hughey and Zachary Frimet.