Chip Gage
Biography
Chip Gage represents private equity sponsors and their portfolio companies in complex domestic and cross-border debt financing transactions. With more than 30 years of experience, his robust practice includes leveraged buyout financings, acquisition financings, leveraged recapitalizations, working capital facilities, workouts and restructurings. Chip has extensive experience with senior secured, first and second lien, unitranche, mezzanine, subordinated and asset-based credit facilities.
Professional experience
Representative experience
Representative experience
- Represented a specialty electrical contractor in connection with a US$80 million revolving credit facility.
- Represented a health and wellness company, a portfolio company of a middle-market private equity firm, in connection with a comprehensive recapitalization pursuant to which, the company restructured its outstanding first and second lien terms loans, its revolving credit facility and preferred and common equity securities having an aggregate value in excess of US$1 billion. The restructuring involved the amendment and restatement of certain first lien credit facilities, discounted repurchase and voluntary discounted exchanges of loans and commitments under such first lien credit facilities and of certain other loans, the provision of US$230 million of new super priority term loans and revolving credit facilities, and a US$100 million common equity investment by affiliates the private equity sponsor. The recapitalization funded the concurrent acquisition of another health and wellness business.
- Represented a pizza restaurant franchisor in connection with an asset-based credit facility.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a premier protein processor.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a manufacturer of shelf-stable beverages, soups and sauces.
- Represented the private equity unit of a large family office and its multiple car wash businesses in connection with their first lien credit facilities, second lien credit facilities and preferred equity financing.
- Represented a middle-market private equity firm in connection with senior credit facilities and a mezzanine notes facility supporting its acquisition of a designer, developer and distributor of household, kitchen and personal care products.
- Represented a venture-stage residential real estate services company in connection with multiple warehouse credit facilities supporting affiliated entities' acquisitions of residential properties.
- Represented a middle-market private equity firm in connection with senior secured term loans and a revolving credit facility, secured on a split-lien basis, supporting its acquisition of an industrial services business.
- Represented a provider of K-12 reading and library services, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities and mezzanine notes.
- Represented a health and wellness company, a portfolio company of a middle-market private equity firm, in connection with incremental senior secured first lien term loans and incremental senior secured second lien term loans supporting its acquisition of a provider of nutritional supplements.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a detoxing supplements business.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a leading provider of hoof health solutions to the US dairy industry.
- Represented a provider of K-12 personnel and management solutions, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities and mezzanine notes.
- Represented a manufacture of cheese crisp snacks, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities and an equipment acquisition line of credit.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a manufacturer of pet foods.
- Represented a leading provider of weight loss products and services, a portfolio company of a middle-market private equity firm, in connection with senior secured first lien credit facilities and senior secured second lien credit facilities supporting its acquisition of a leading provider of vitamins and supplements.
- Represented a physical therapy business, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of the leading media and events company serving the brand marketing community.
- Represented a manufacturer of surgical products, a portfolio company of a middle-market private equity firm, firm in connection with senior secured credit facilities and a mezzanine term loan.
- Represented a provider of spices and seasonings, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities supporting its acquisition of an importer and manufacturer of spices, seasonings and bakery ingredients.
- Represented a medical flight business, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities supporting its acquisition of another medical flight business.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a leading provider of weight loss products and services.
- Represented a South Korean-based consortium of infrastructure investors in connection with senior tern loans and a junior term loan in support of the consortium’s acquisition of a 50 percent ownership interest in the Utopia Pipeline.
- Represented an eye care business in connection with senior secured credit facilities supporting its acquisition of eye care practices throughout the Southeastern United States.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its formation of an ENT and allergy MSO.
- Represented a dental services organization, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities and a mezzanine term loan.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a cheese crisps business.
- Represented a manufacturer of handheld snack pies, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities.
- Represented a middle-market private equity firm in connection with a revolving credit facility supporting its acquisition of laboratory services business of multinational oilfield services company.
- Represented a Dallas-based skincare company in connection with a revolving credit facility.
- Represented a private equity firm-owned mid-stream energy business in connection with a revolving credit facility.
- Represented a provider of veterinary services, a portfolio company of a middle-market private equity firm, in connection with senior secured credit facilities.
- Represented a private equity firm in connection with senior secured credit facilities supporting its acquisition of a medical device manufacturer.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting the acquisition of a provider of sauces and sous-vide entrees to the food services industry.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a leading specialty Italian foodservice distributor in the Eastern United States.
- Represented a middle-market private equity firm in connection with senior secured credit facilities and a seller note supporting its acquisition of a leading supplier of private label and branded spices and seasonings, dry mixes and extracts.
- Represented a middle-market private equity firm in connection with first lien credit facilities and second lien notes supporting its acquisition of a branded children's beverage company.
- Represented a provider of sauces and sous-vide entrees, a portfolio company of a middle-market private equity firm, in connection with first lien credit facilities and a second lien credit facility supporting its acquisition of a producer of artisanal soups, sauces and side dishes for the foodservice industry.
- Represented a pet products business, a portfolio company of a middle-market private equity firm, in connection with senior credit facilities and subordinated notes supporting its acquisition of a maker of treats and foods for dogs and cats.
- Represented a middle-market private equity firm in connection with senior secured credit facilities supporting its acquisition of a provider of high-quality beverages including coffees and teas.
- Represented a middle-market private equity firm in connection with senior secured first lien credit facilities and senior secured second lien term loans supporting its acquisition of a producer of artisanal soups, sauces and side dishes for the foodservice industry.
Rankings and recognitions
Rankings and recognitions
- The Best Lawyers in America, Banking and Finance Law, Best Lawyers, 2026
- IFLR 1000, Highly regarded – Texas, Banking and M&A, IFLR, 2020-2024
- Legal 500 US, Recommended lawyer, Commercial lending, The Legal 500, 2021
Education
Education
- JD, with honors, Duke University School of Law, 1993
- BA, cum laude, Yale University, 1990
Admissions
Admissions
- New York State Bar
- Texas State Bar
Memberships and activities
Memberships and activities
- Member, State Bar of Texas Business Law Section
Insights and news
News
Norton Rose Fulbright extends middle-market and leveraged finance capabilities with new Dallas partner
United States | October 02, 2025
Norton Rose Fulbright extends middle-market and leveraged finance capabilities with new Dallas partner
United States | October 02, 2025
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