Experience

• Technology, Media & Telecommunications

  • 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.
  • Verizon in its $20 billion acquisition of Frontier, the largest pure-play fiber internet provider in the U.S.
  • Warner Bros. Discovery in the cash tender offer to purchase up to approximately $2.61 billion aggregate purchase price of senior notes.
  • Windstream Holdings, a privately held fiber and cloud based communications provider, in its merger with publicly held Uniti Group.
  • Guggenheim Securities and Morgan Stanley & Co., as financial advisors to SES, in SES’s $3.1 billion acquisition of Intelsat.
  • Ariel Emanuel, CEO of Endeavor, in Endeavor’s $13 billion take-private sale to Silver Lake.
  • Five Arrows, the alternative assets arm of Rothschild & Co, and n2y in the merger of Texthelp with n2y.
  • Five Arrows, the alternative assets arm of Rothschild & Co., in its acquisition of a majority stake in n2y, a provider of comprehensive, SaaS-based solutions for students with unique learning challenges.
  • Carlyle, as majority owner of Syniverse, in Twilio’s $750 million investment in Syniverse.
  • Qatar Investment Authority in its $375 million co-investment in Elon Musk’s take private acquisition of Twitter.
  • Discovery, Inc. in the acquisition of WarnerMedia from AT&T in a Reverse Morris Trust transaction that values the combined entity at approximately $130 billion.
  • Tribune Media Company in its $7.2 billion sale to Nexstar Media.
  • Nexstar in its acquisition of the television broadcast station KGBT, Harlingen, Texas.
  • Carlyle in its sale of a majority stake in Getty Images to the Getty family.
  • Carlyle in its acquisition of an outstanding interest in NEP Group from Crestview Partners.
  • Discovery, Inc. in its $14.6 billion acquisition of Scripps Networks Interactive.
  • Tribune Media Company in its $6.6 billion sale, later terminated, to Sinclair Broadcast Group.
  • Tribune Media Company in the $560 million sale of Gracenote, a leading entertainment data provider, to the Nielsen Company.
  • Carlyle in its investment in NEP Group. NEP serves the world’s leading content producers and owners, providing services vital to the broadcast of live sports and entertainment events.
  • Discovery, Inc. in its $195 million investment in Lions Gate Entertainment.
  • Evercore, as financial advisor to EMC Corporation, in the $67 billion sale of EMC Corporation to Dell.
  • Standard General in its acquisition of over 1,700 RadioShack stores in alliance with Sprint as part of RadioShack’s Chapter 11 bankruptcy case.
  • Lazard, as financial advisor to AT&T, in AT&T's $67 billion acquisition of DIRECTV.
  • Tribune Media Company in its spin-off of Tribune Publishing Company.
  • Tribune Media Company in its acquisition of Gracenote, the global leader in music technology and metadata, from Sony Corporation of America.
  • New Young Broadcasting in its $2.2 billion merger with Media General to combine the two local broadcast television and digital media companies.
  • Tribune Media Company in its $2.7 billion acquisition of Local TV Holdings.
  • Carlyle in its $3.3 billion acquisition of Getty Images.
  • Verizon in the $2.72 billion spin-off and merger of Verizon’s local exchange business in Maine, New Hampshire and Vermont with Fairpoint Communications.
  • Carlyle in its $2.1 billion going private acquisition, with the company’s controlling shareholders, of Insight Communications.
  • The special committee of the board of UnitedGlobalCom in Liberty Media International’s $3.5 billion going private acquisition of the 46% of UGC that Liberty Media did not already own.

• Industrials

  • Covanta in its sale to EQT in a transaction valued at more than $5 billion, in which EQT acquired all shares of Covanta common stock for $20.25 per share.
  • Domtar in its $6 billion combination with Weyerhaeuser's fine paper business in a "reverse Morris Trust" transaction; the new Domtar became the largest manufacturer of uncoated freesheet paper in North America.
  • Evercore, as financial advisor to DuPont, in DuPont's $130 billion merger with The Dow Chemical Company.
  • Clayton, Dubilier & Rice in its acquisition of Roofing Supply Group, a distributor of residential and non-residential roofing materials.
  • Clayton, Dubilier & Rice in its 46% investment in JohnsonDiversey, a transaction valued at $2.6 billion.
  • International Paper in its $6 billion acquisition of Weyerhaeuser's packaging business.
  • Clayton, Dubilier & Rice in its acquisition of a 42.5% stake in Univar, a global distributor of commodity and specialty chemicals, in a sponsored recapitalization transaction valuing Univar at $4.2 billion.
  • Bain Capital, Carlyle and Clayton, Dubilier & Rice in their $8.5 billion acquisition of HD Supply from The Home Depot, which Private Equity Analyst named "LBO Deal of the Year."
  • VWR International, a Clayton, Dubilier & Rice portfolio company, in its $4 billion sale to Madison Dearborn Partners.
  • Phelps Dodge in its $26 billion merger with Freeport-McMoRan Copper & Gold, forming the world’s largest publicly traded copper company.
  • Carlyle in its investment in American Express Global Business Travel. (Terminated)

• Consumer

  • Hertz Global Holdings in its $2.3 billion acquisition of Dollar Thrifty Automotive Group.
  • Diamond Castle in its sale of York Label Group to Multi-Color Corporation.

• Healthcare

  • Bain Capital Private Equity and Diamond Castle in the sale of Beacon Health Options to Anthem.
  • TPG and Welsh, Carson, Anderson & Stowe in the $4.1 billion acquisition of Kindred Healthcare.
  • Providence Service Corporation in a strategic partnership with Frazier Healthcare Partners in Matrix Medical Network.
  • Diamond Castle in the acquisition by its portfolio company Beacon Health of ValueOptions, the largest independent behavioral healthcare and wellness company in the U.S.
  • Clayton, Dubilier & Rice in its $3.2 billion acquisition of Emergency Medical Services Corporation.

• Private Equity Funds

  • 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.
  • Funds managed by Oaktree Capital Management in their investment in a Quid Capital venture, which will offer liquidity benefits to shareholders of high-growth private technology companies.
  • Funds managed by Oaktree Capital Management in the launch of Encina Lender Finance, a new independent lender finance platform targeting commercial and consumer specialty finance companies in the United States and Canada.
  • Carlyle in its strategic partnership with AIG to position DSA Re as a platform to provide solutions for insurance liabilities globally.
  • Newport Global Advisors in the recapitalization of Newport Global Opportunities Fund LP.
  • Diamond Castle in the restructuring of, and secondary sale of interests in, Diamond Castle Partners IV.