Warehouse Automation Provider AutoStore Completes $150 Million Financing

Paul, Weiss advised AutoStore Holdings Ltd., a warehouse automation technology provider and a portfolio company of THL Partners, on a new five-year $150 million term loan. The proceeds from the financing will be combined with cash and used to fully repay AutoStore’s outstanding $450 million term loan B maturing in July 2026.

The Paul, Weiss team was led by corporate partners Neel Sachdev and Kanesh Balasubramaniam, and included counsel Lucy Jenkins.