Experience

• Transactions

  • Presidio, a Clayton, Dubilier & Rice portfolio company, in its acquisition of a majority stake in Contender Solutions, an Elite ServiceNow partner.
  • Verizon in its $1 billion cash acquisition of wireless spectrum licenses in the cellular band, as well as select licenses for spectrum in the AWS and PCS bands, from United States Cellular Corporation and certain of USCC’s subsidiaries.
  • Shearer’s Foods, a Clayton, Dubilier & Rice portfolio company, in its offering of $450 million of Senior Notes due 2032.
  • Verizon in its $20 billion acquisition of Frontier, the largest pure-play fiber internet provider in the U.S.
  • S&S Activewear, a tech-enabled provider of apparel and accessories, and its majority owner Clayton, Dubilier & Rice, in S&S Activewear’s acquisition of alphabroder, distributor of trade, retail, apparel brands and branded products.
  • White Cap, a Clayton, Dubilier & Rice portfolio company, in its acquisition of Dayton Superior, a provider of highly engineered accessories, chemicals and forming solutions within the concrete construction industry.
  • Clayton, Dubilier & Rice in its strategic partnership with Elevance Health, which will bring together certain care delivery and enablement assets of Elevance’s Carelon Health and CD&R portfolio companies, apree health and Millennium Physician Group.
  • Clayton, Dubilier & Rice in its acquisition of Presidio, a leading technology services and solutions provider, from BC Partners.
  • Clayton, Dubilier & Rice in its acquisition of a significant ownership position in Foundation Building Materials, a specialty building products distributor.
  • Clayton, Dubilier & Rice in its acquisition of Shearer’s Foods, a leading contract manufacturer and private label supplier in the snack industry in North America.
  • Clayton, Dubilier & Rice and Sharp in Sharp’s acquisition of Berkshire Sterile Manufacturing.
  • INDICOR, a Clayton, Dubilier & Rice portfolio company, in the $670 million sale of its Compressor Controls Corporation division, a leading provider of turbomachinery control and optimization solutions, to Honeywell.
  • Kelso & Company in its investment in Pathstone, an independently operated, partner-owned advisory firm offering comprehensive family office services.
  • Providence Equity Partners in its investment in a multi-decade lease for nine marquee billboards at Two Times Square and 1600 Broadway from Universal Branding Group.
  • Providence Equity Partners in its minority investment of up to $500 million in the formation of The North Road Company.
  • Clayton, Dubilier & Rice in its acquisition of a majority stake in the industrial businesses of Roper Technologies, which operates market-leading businesses that design and develop vertical software and application-specific products, in a transaction valued at $3.7 billion.
  • S&S Activewear, a leading American imprintable apparel wholesale company and Clayton, Dubilier & Rice portfolio company, in its acquisition of TSF Sportswear, a multi-line wholesaler.
  • Carlyle in its $2.1 billion capital raise and equity investment in Fortitude Re and the formation of a strategic advisory services agreement.
  • White Cap, a Clayton, Dubilier & Rice portfolio company and leading North American distributor of specialty concrete and construction accessory, safety, and building products, in its acquisition of Ram Tool, a construction supply distribution company.
  • DoubleVerify, a Providence Equity Partners portfolio company and a leading software platform for digital media measurement and analytics, in its acquisition of OpenSlate, a content-focused measurement and analytics company.
  • S&S Activewear in its acquisition of TSC Apparel, a leading national distributor of blank apparel and accessories.
  • Core & Main, a Clayton, Dubilier & Rice portfolio company, in its $803 million initial public offering.
  • Clayton, Dubilier & Rice and Solenis in the sale of Solenis to Platinum Equity at an implied enterprise value of $5.25 billion.
  • Clayton, Dubilier & Rice and Capco in the $1.45 billion sale of Capco to Wipro.
  • White Cap Parent in the offer and sale of $300 million of 8.25%/9.00% Senior PIK toggle notes due 2026 to fund a dividend payment to the company's equity holders.
  • Clayton, Dubilier & Rice in its acquisition of S&S Activewear, a leading North American distributor of imprintable apparel and accessories.
  • Carlyle as a lead investor in the $1 billion launch of Vantage Group, a new re/insurance entity and its wholly owned subsidiary, Vantage Risk, a new property catastrophe reinsurance provider.
  • Verizon in its $6.25 billion acquisition of Tracfone, the largest reseller of wireless services in the U.S.
  • Clayton, Dubilier & Rice in its $2.9 billion acquisition of White Cap, a leading distributor of specialty concrete and construction products, and its combination of White Cap with CSG, a leading U.S. distributor of specialty concrete and masonry accessories, for a total transaction value of approximately $4 billion.
  • Clayton, Dubilier & Rice in its partnership investment in Cheney Brothers, a leading family-owned and operated regional food distributor serving the Southeastern United States.
  • Verizon in its acquisition of BlueJeans, a market-leading cloud-based video conferencing and event platform.
  • Clayton, Dubilier & Rice in its proposed $4 billion take private acquisition of Anixter International, a NYSE-listed company. (Terminated)
  • Clayton, Dubilier & Rice and BrandSafway in the $6.2 billion sale of BrandSafway to Brookfield Business Partners L.P. and CD&R Fund X.
  • Syncora Holdings in its $429 million sale of Syncora Guarantee, a wholly owned subsidiary, to Star Insurance Holdings, an entity organized by GoldenTree Asset Management LP.
  • Morgan Stanley Capital Partners in its acquisition of Educate 360 Holdings.
  • Clayton, Dubilier & Rice and TRANZACT in the $1.3 billion sale of TRANZACT to Willis Towers Watson.
  • Hojeij Branded Foods in its $330 million sale to Lagardère Travel Retail.
  • Clayton, Dubilier & Rice in its joint investment with Cardinal Health in naviHealth, the largest manager of post-acute benefits for health plans and a leading value-based care partner to health systems and providers.
  • Solenis, a Clayton, Dubilier & Rice portfolio company, in its combination with BASF's paper and water chemicals business.
  • SunSource, a Clayton, Dubilier & Rice portfolio company in its acquisition of Ryan Herco Flow Solutions, a distributor of hydraulic and pneumatic fluid power products in the U.S. and Canada.
  • Clayton, Dubilier & Rice in its acquisition of a majority interest in American Greetings.
  • Syncora Holdings in a reinsurance agreement with Assured Guaranty to reinsure approximately $13.5 billion of financial guaranty policies, representing 91% of Syncora's outstanding insured exposures.
  • Clayton, Dubilier & Rice in its acquisition of SunSource, a distributor of hydraulic and pneumatic fluid power products in the U.S. and Canada.
  • Clayton, Dubilier & Rice in its $650 million acquisition of Capco, FIS’s management consulting business.
  • Verizon in its $3.1 billion acquisition of Straight Path Communications, a leading wireless spectrum holder.
  • Clayton, Dubilier & Rice and Brand Energy and Infrastructure Services in the merger of Brand Energy and Safway Group, forming the leading global industrial service business with over $5 billion in revenue.
  • Carmel Partners in the formation of Carmel Partners Investment Fund VI, a $1 billion U.S. real estate fund.
  • Brand Energy & Infrastructure Services in its buyout of Harsco Corporation’s 26% interest in Brand, a leading single-source provider of specialized industrial services to the worldwide energy and infrastructure sectors.
  • Verizon in its acquisition of Telogis, a provider of Software-as-a-Service (SaaS) technology and services, specifically in the connected vehicle and mobile enterprise management sectors.
  • Clayton, Dubilier & Rice in its $415 million acquisition of High Ridge Brands, the largest North American consolidation platform focused on acquiring orphaned personal care brands, from Brynwood Partners.
  • Verizon in its $1.8 billion acquisition of XO Communications’ fiber-optic network business.
  • Hussmann, a Clayton, Dubilier & Rice portfolio company, in its $1.5 billion sale to Panasonic.
  • Kelso & Company in its acquisition of Risk Strategies Company, a national insurance and benefits brokerage and risk management firm, from Kohlberg & Company.
  • Verizon in the $10.54 billion sale of its local wireline operations in California, Florida and Texas to Frontier Communications.
  • Kelso & Company in its acquisition with Estancia Capital Management of American Beacon.
  • TIAA-CREF in its $6.25 billion acquisition of Nuveen Investments.
  • Clayton, Dubilier & Rice in its $1.8 billion acquisition of Ashland Water Technologies.
  • Clayton, Dubilier & Rice in its acquisitions of Brand Energy and Harsco Infrastructure in a combined transaction valued at $2.5 billion.
  • Verizon in its $49 billion bond offering, the largest-ever corporate bond issue, as well as over $10 billion in additional debt financing to finance, in part, Verizon’s acquisition of Vodafone Group Plc’s 45% indirect ownership interest in Verizon Wireless.
  • FLAG Capital Management in its acquisition of Squadron Capital, a Hong Kong-based private equity investment firm.
  • Kelso & Company, as a member of an investor group, in the $3.3 billion acquisition of energy pipeline and infrastructure assets from Kinder Morgan Energy Partners.
  • Clayton, Dubilier & Rice in its $1.05 billion acquisition of a majority ownership stake in Wilsonart International Holdings, the decorative surfaces unit of Illinois Tool Works.
  • Kelso & Company in its co-investment in Venari Resources, a U.S. deepwater oil-and-gas exploration company.
  • Clayton, Dubilier & Rice in its acquisition of a 60% stake in Hussmann International, a leading global manufacturer of refrigerated display merchandizing equipment and refrigeration systems for the retail food industry, from Ingersoll Rand.
  • LivingSocial in its acquisition of Ticket Monster, the leading social commerce website in South Korea.
  • Reynolds Group in its $4.5 billion acquisition of Graham Packaging Company.
  • General Electric in the repurchase of Vivendi’s stock of NBC Universal for $5.8 billion, along with advice to NBC Universal on certain corporate matters related to the formation of the NBC Universal - Comcast joint venture valued at $37.5 billion.
  • General Electric in the repurchase of Vivendi’s stock of NBC Universal for approximately $5.8 billion along with advice to NBC Universal on certain corporate matters related to the formation of the NBC Universal - Comcast joint venture valued at $37.5 billion.
  • Syncora Holdings and its subsidiary, Syncora Guarantee, in the subsidiary's comprehensive $6 billion restructuring relating to its transactions with various financial institutions that were counterparties to its credit default swaps and holders of residential mortgage-backed securities that it guaranteed.
  • Verizon in the $8.6 billion spin-off and merger of its wireline businesses in 14 states to Frontier Communications Corporation.

• Private Equity Funds

  • Clayton, Dubilier & Rice in the formation of Clayton, Dubilier & Rice Fund XII, an approximately $26 billion fund, its largest fund to date.
  • KKR in the formation of its KKR European Fund VI, an $8 billion fund focused on private equity investments primarily in the developed economies of Western Europe.
  • KKR in the formation of KKR North America Fund XIII, a $19 billion fund focused on pursuing opportunistic private equity investments in North America.
  • Carlyle in the formation of Carlyle Credit Opportunities Fund II, a $4.6 billion credit opportunities fund.
  • KKR in the structuring and negotiation of a preferred equity product established with a leading structured liquidity solutions provider through a structured secondary transaction to generate liquidity on a $1.1 billion portfolio of assets held by KKR’s balance sheet.
  • Carlyle in the formation of Carlyle Europe Partners IV, a €3.75 billion Europe buyout fund.
  • Carlyle in the formation of Carlyle Europe Technology Partners III, a €656 million Europe growth capital/technology fund.
  • Carmel Partners in the formation of Carmel Partners Investment Fund V, a $1.025 billion U.S. real estate fund.
  • Carlyle in the formation of Carlyle Sub-Saharan Africa Fund, a $698 million Sub-Saharan Africa fund.
  • Oaktree Capital Management in the formation of Oaktree Real Estate Opportunities Fund VI, a $2.7 billion global real estate fund.
  • Carlyle in the formation of Carlyle Cardinal Ireland Fund, a €292 million Ireland-focused growth fund.
  • Carlyle in the formation of Carlyle Peru Fund, a $308 million Peru buyout/venture fund.
  • Oaktree Capital Management in the formation of Oaktree Opportunities Fund IX, a $5.1 billion global distressed debt fund.
  • Oaktree Capital Management in the formation of Oaktree European Principal Fund III, a €3.16 billion Europe distressed buyout fund.