Alex Zeltser is a finance partner in Ropes & Gray’s New York office with more than two decades of experience representing top-tier private equity sponsors and their portfolio companies, as well as corporate borrowers, in a broad range of large-cap and middle-market financing transactions, including cash-flow and asset-based credit facilities, second lien and mezzanine financings, margin loans, bridge financings and high-yield debt offerings, as well as restructurings and liability management transactions. Earlier in his career, Alex represented leading lenders and banking institutions, providing him with a unique understanding of the lender’s perspective that informs his approach to structuring and negotiating financing transactions.
Although based in New York, Alex works closely with clients and colleagues across the firm’s U.S. offices, including Chicago and the West Coast, on sophisticated financing matters. He regularly represents many of the industry’s leading private equity firms, including TPG Capital, EQT, Partners Group, GI Partners, TSG Consumer Partners, GHO Capital, Accel-KKR, Gryphon Investors, and Vistria Group, among others.
Clients consistently praise Alex in Chambers USA and Chambers Global, where he is ranked for Banking & Finance. They describe him as a “fantastic lawyer” who “works across clients and deals of various sizes” and is “trusted to deliver quality advice and always be ready to guide the ship to port.” Clients particularly value his technical strength, commercial judgment, and ability to deliver sophisticated, efficient advice.
Alex is deeply committed to pro bono service and giving back to his community. He advises pro bono clients on corporate and immigration-related matters and serves on Ropes & Gray’s pro bono committee.
Outside of work, Alex is an active member of the Ropes & Gray basketball team and is a two-time lawyers’ league champion.
Experience
Representative experience includes advising private equity sponsors on initial acquisition financings, related incremental financings, refinancings, and workouts/LMT transactions, as applicable.
- TPG Capital on the financing related to its investments in Conservice, Pike Corporation, DIRECTV, Exactech, Nextech, Entertainment Partners, Planview, Nintex, Surescripts, Par Pharmaceutical, Immucor, Beaver-Visitec International, Miratech, Halo Brands, Digital.ai, Greenhouse Software, Irth Solutions, G&A Partners, Classic Collision, Surescripts, Anastasia Beverly Hills, Learfield, and GE Vernova’s Proficy software business.
- EQT on the financing related to its investments in Tricor Group (and its subsequent combination with Vistra), Virtusa, and WSO2.
- Partners Group on the financing related to its investments in United States Infrastructure Corporation (USIC), Blue River PetCare, BluSky Restoration Contractors, Forefront Dermatology, Wedgewood Pharmacy, and Careismatic Brands.
- GI Partners on the financing related to its investments in Aras, American Residential Services (ARS), HES Facility Management, Rectangle Health, Sectigo, GTY Technology, Atlas Technical Consultants, eClinical Solutions, and Egnyte.
- TSG Consumer Partners on the financing related to its investments in EoS Fitness, Core Power Yoga, Kenra, Duckhorn, Crumbl, Joe Hudson’s Collision Centers, Power Stop, Planet Fitness, Sunshine Fitness, Dude Products, Radiance Holdings, Trinity Solar, Legacy.com, American Technologies (ATI), Summer Fridays, Endeavor Schools, Hempz, Rough Country, and Super Star Car Wash.
- Vistria Group on the financing related to its investments in Pantherx, Sandstone Care, Professional Health Care Network, Ora Clinical, Beacon Specialized Living, BioCare, Mission Healthcare, Soliant Health, and Medalogix.
- Madison Dearborn Partners on the financing related to its investments in National Financial Partners and Multi-Packaging Solutions (and its subsequent combination with Chesapeake Holdings Limited).
- Patient Square Capital on the financing for its investment in Eargo.
- Altice S.A. on the financing for the acquisition by Altice of PT Portugal SGPS, S.A. and certain other entities that make up the Portugal Telecom Group, a leading provider of integrated telecommunication services to residential and corporate customers in Portugal from Oi S.A.
- GT Advanced Technologies in connection with a senior secured term loan, issuance of convertible notes and DIP and Exit financings.
- Thomas H. Lee Partners on the financing related to its investment in Inventiv Health.
- Sixth Street on the financing related to its investments in Legends.
- Creative Artists Agency, a TPG Capital portfolio company, in connection with its credit agreement refinancing, its sale to Artemis Groupe, and in subsequent financing transactions.
- Represented various clients, including Altamont Capital, Cressey & Co., Gauge Capital, BV Investment Partners, GHO Capital, Gryphon, Accel KKR, CIVC Partners, and McNally Capital, in connection with financing transactions.