Shearman And Sterling

News May 16, 2022

Community Counselling Service $53 Million Financing

Shearman & Sterling advised Community Counselling Service, as borrower, on $53 million of secured credit facilities from PNC Bank, to refinance and repay Community Counselling Service’s existing credit facilities, fund a cash distribution to the shareholders of Community Counselling Service and use for general corporate purposes, which refinancing was completed in conjunction with a strategic investment in Community Counselling Service by ABRY Partners.

Community Counselling Service provides fundraising, development, and strategic consulting services to non-profit organizations in the United States and internationally. The company's development services include campaign planning, management, and direction; development management that includes budget creation and tracking, executive searches and development staffing, position creation, recruitment, placement, and training; analytics and research, such as benchmarking, prospect research, research analytics, and wealth screening and predictive modeling; and custom learning services.

The Shearman & Sterling team below included associate Lachlan Nichols (New York–Finance).

The Team


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