Kevin Schmidt is a corporate partner in the M&A Group and is Co-Chair of the firm’s Private Equity Group. For three decades, he has counseled ...
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Experience
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- Presidio, a Clayton, Dubilier & Rice portfolio company, in its acquisition of a majority stake in Contender Solutions, an Elite ServiceNow partner.
- Stuffed Puffs, LLC, a portfolio company of Factory LLC, in the sale of its assets to Mount Franklins Foods.
- Clayton, Dubilier & Rice in its $2.1 billion sale of Cheney, a foodservice distributor, to Performance Food Group, a foodservice distribution company.
- Clayton, Dubilier & Rice and Epicor Software Corporation, a global provider of industry-specific enterprise software, in the sale of a significant ownership position in Epicor to CVC, a global private markets manager.
- Hamilton Lane in the acquisition of a significant equity interest in Cosette Pharmaceuticals from Avista and its co-investors through funds managed by Hamilton Lane.
- Pactiv Evergreen in the sale of its Pine Bluff, Arkansas, paper mill and Waynesville, North Carolina, extrusion facility, to Suzano.
- Windstream Holdings, a privately held fiber and cloud based communications provider, in its merger with publicly held Uniti Group.
- Clayton, Dubilier & Rice in its acquisition of Presidio, a leading technology services and solutions provider, from BC Partners.
- CPP Investments in a structured liquidity transaction, partially divesting a portfolio of energy funds, with initial gross proceeds of approximately $860 million.
- 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.
- Prosperity Life Group, an innovative insurance, reinsurance, and asset management company, in its acquisition of National Western in a transaction valued at approximately $1.9 billion.
- Temasek as capital provider in the $1.5 billion take-private acquisition of SP Plus Corporation by Metropolis Technologies.
- Elliott Management in its investment leading Speyside’s single asset continuation fund to support the future growth of its portfolio company Opta.
- Ascent, a global leading provider of expedited, time-critical logistics solutions and other transportation services, in its sale to affiliates of H.I.G.
- Brigade Capital Management, the second largest holder of secured debt issued by Avaya, in Avaya’s pre-packaged chapter 11 bankruptcy proceeding.
- Transdev, a global provider of mobility services, in its acquisition of FirstTransit, an EQT Infrastructure portfolio company.
- Wilton Re, a majority-owned reinsurance company of CPP Investments, in its sale of Ivari, a Toronto-based life insurance company, to Sagicor Financial Company.
- Blackstone, as investor in Annexus, a leading designer of annuities and insurance-based retirement products, in the sale of Annexus to Integrity Marketing Group LLC.
- 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.
- Certain holders of second lien term loans issued by Integro Parent Inc., part of Tysers Insurance Brokers, Ltd., a leading Lloyds independent broker, in a transaction under which AUB Group Limited will acquire Tysers from Odyssey Investment Partners for $615.2 million.
- Temasek in the establishment of Decarbonization Partners, an investment partnership with BlackRock.
- HealthEdge and its controlling shareholder, Blackstone, in the acquisition of Wellframe, a digital health management company.
- Pactiv Evergreen in its $380 million acquisition of Fabri-Kal, a U.S. manufacturer of foodservice and custom thermoformed plastic packaging solutions.
- Elliott Management as lead investor in the $450 million restructuring of Olympus Capital Asia’s third fund.
- CPP Investments in its $350 million investment in Advance Drainage Systems, a leading provider of water management solutions in the storm water and wastewater industries.
- Clayton, Dubilier & Rice in its $6 billion acquisition and subsequent combination of Fort Dearborn and Multi-Color Corporation, to create the world's largest label solutions company.
- Temasek, a shareholder of BluJay Solutions (BluJay), in the $1.7 billion sale of BluJay to E2open Parent Holdings.
- Artera, a Clayton, Dubilier & Rice portfolio company and one of the nation’s largest providers of integrated infrastructure services to natural gas and electric industries, in its acquisition of Feeney Utility Services Group.
- CPP Investments as investor in numerous life science and technology companies, including in Asimov, Caris Life Sciences, Clarifai, Deep Genomics, insitro, Laronde and Sana Biotechnology.
- Brigade Capital Management, the largest creditor of Guitar Center, in the company’s recapitalization through a prepackaged Chapter 11 case, resulting in affiliates of Brigade, together with affiliates of Ares and Carlyle, controlling Guitar Center and eliminating $800 million in Guitar Center debt.
- Cornell Capital and Hudson Structured Capital Management in their acquisition of a majority interest in Vault Insurance.
- Elliott Management in the restructuring of Windstream Holdings, a leading communications and software company.
- Clayton, Dubilier & Rice in its $4.7 billion acquisition of Epicor Software, a global provider of cloud-based, industry-specific Enterprise Resource Planning software to industrial-focused sectors.
- Artera, a Clayton, Dubilier & Rice portfolio company and one of the nation’s largest providers of integrated infrastructure services to natural gas and electric industries, in its acquisition of Otis Eastern Service.
- Clayton, Dubilier & Rice in its partnership investment in Cheney Brothers, a leading family-owned and operated regional food distributor serving the Southeastern United States.
- PowerTeam Services, a Clayton, Dubilier & Rice portfolio company, in its purchase of Miller Pipeline and Minnesota Limited for $850 million in cash.
- Roadrunner Transportation in the sale of its Prime Distribution Services business to C.H. Robinson.
- Emergent Cold Storage, an Elliott Management portfolio company, in its sale to Lineage Logistics, the world’s largest refrigerated-storage company by space.
- Clayton, Dubilier & Rice in its proposed $4 billion take private acquisition of Anixter International, a NYSE-listed company. (Terminated)
- Elliott Management in the restructuring and recapitalization of Acosta and related equity and stockholder arrangements.
- Reynolds Group and Closure Systems International (CSI) in their sale of CSI businesses and facilities to Cerberus Capital Management.
- TPG Growth in an investment by U.S. Steel in Big River Steel valuing Big River Steel at $2.325 billion.
- Elliott Management in the recapitalization of Affinion Group Holdings and related equity and stockholder arrangements.
- Elliott Management in a $450 million equity rights offering of Roadrunner Transportation Systems, resulting in Elliott acquiring 90% of Roadrunner.
- Sirius Computer Solutions, a leading IT solutions integrator, and its majority owner, Kelso & Company, in the sale of a majority equity interest in Sirius to Clayton, Dubilier & Rice.
- Blackstone’s Tactical Opportunities Group in its strategic minority investment in Annexus, a leading designer of annuities and insurance-based retirement products.
- 4Refuel and its equityholders, including Kelso & Company and Penske Truck Leasing, in the sale of 4Refuel, the leading mobile on-site refueling company in Canada, to Finning International.
- Blackstone, a significant shareholder in Annexus, in Integrity Marketing Group LLC’s acquisition of Annexus.
- Kelso & Company in its sale of PowerTeam Services to Clayton, Dubilier & Rice.
- SunSource, a Clayton, Dubilier & Rice portfolio company, in its acquisition of United Distribution Group, one of the largest distributors of industrial components and assemblies in North America.
- HarbourVest Partners as lead investor in Lime Rock Partners IV AF, L.P., a $1.9 billion acquisition fund which acquired the remaining assets of Lime Rock Partners IV, L.P.
- Citizens Financial in its acquisition of Franklin American Mortgage.
- Ullico, a labor-owned insurance and investment company, in the $1.2 billion cross-border take private acquisition of Student Transportation.
- Nationstar Mortgage, a leading mortgage servicer and originator, in its $3.8 billion merger with WMIH.
- HarbourVest Partners in its role as a lead investor in the restructuring of Eos Capital Partners III and Eos Capital Partners IV.
- Kelso & Company in its equity investment in Zenith Energy U.S.
- Cornell Capital as a lead investor in the $2.05 billion acquisition of Talcott Resolution, The Hartford’s run-off life and annuity businesses.
- Elliott Management in its equity investment in Emergent Cold Storage, a global cold storage chain business.
- Temasek in its strategic investment in BluJay Solutions, a leading provider of supply chain software and services.
- Access Industries as a lead consortium investor in the $5.6 billion acquisition of Calpine.
- Kelso & Company in its investment in Oasis Outsourcing, the nation's largest privately held professional employer organization.
- The special purpose acquisition vehicle CF Corporation and Blackstone in the $1.835 billion acquisition of Fidelity & Guaranty Life.
- Elliott Management in its $540 million redeemable preferred stock investment in Roadrunner Transportation Systems, a leading asset-right transportation and asset-light logistics service provider.
- Kelso & Company in its investment in Premia Holdings, a newly-formed property and casualty insurance and reinsurance group focused on providing runoff solutions.
- Littlejohn & Co. in the sale of a minority interest in the firm’s management companies and general partners to Goldman Sachs Alternative Investments & Manager Selection (AIMS) Group.
- Canada Pension Plan Investment Board in its investment in convertible preferred equity securities of an affiliate of Advanced Disposal Services.
- Evercore in the transfer of control of its Mexican private equity business, Evercore Mexico Capital Partners, to Glisco Partners.
- Affiliates of Rank Group in the $230 million sale of Prestone Products to Centerbridge Partners.
- One Equity Partners in its concurrent acquisitions of two call center operators, TLK Group and The Results Companies.
- Kelso & Company in its acquisition of Sirius Computer Solutions, a leading national IT solutions integrator.
- Kelso & Company in its $376 million acquisition, with Ajax Resources, of W&T Offshore’s interest in the Yellow Rose field in the Permian Basin of West Texas.
- Canada Pension Plan Investment Board in its $12 billion acquisition of GE Capital’s sponsor lending business, including Antares Capital, the leading lender to middle market private equity sponsors in the U.S.
- UCI in the $257 million sale of its Wells vehicle electronics business to NGK Spark Plug Co.
- TPG Growth in its investment in Big River Steel.
- Syniverse, a Carlyle portfolio company, in its $290 million acquisition of Aicent.
- Traxys Group in its agreement to sell a majority interest to Carlyle and Louis Bacon.
- Kelso & Company in its acquisition of Power Holdings, comprised of sister companies T&D Solutions and Associated Diversified Services, which offers a full range of outsourced maintenance and construction services to the electric utility industry, from Huntsman Gay.
- Oceana Therapeutics in its sale to Salix Pharmaceuticals.
- Reynolds Group in its $4.5 billion acquisition of Graham Packaging Company.
- HarbourVest Partners and Paul Capital Advisors, as part of a consortium providing equity financing for the formation of NewQuest Asia Fund and its acquisition of Bank of America Merrill Lynch's non-real estate private equity portfolio in Asia.
- Reynolds Group in its acquisition of Dopaco, a food service packaging company.
- Rank Group in its $980 million acquisition of UCI International, a North American automotive products business.
- Reynolds Group in its $6 billion acquisition of Pactiv, a NYSE-listed global manufacturer and supplier of consumer food and beverage packaging and storage products.
- BWAY Holding Company in its $915 million sale to Madison Dearborn Partners.
- A consortium that includes CAI Capital Partners, Goldman Sachs Capital Partners, Kelso & Company and Vestar Capital Partners, in its $3.3 billion going private acquisition of CCS Income Trust, a Canadian company providing waste management services to the oil industry.
- Clayton, Dubilier & Rice, Carlyle and Merrill Lynch Private Equity in the senior credit and high yield financings of the $15 billion acquisition of The Hertz Corporation.
- The sale and subsequent reacquisition of The Jim Henson Company and the subsequent sale of the Muppets characters to The Walt Disney 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.
- HarbourVest Partners in its equity investment in Granite Growth, supporting Granite’s acquisition of a portfolio of four health service companies.
- Canada Pension Plan Investment Board in its acquisition of equity in Enstar Group Limited from First Reserve.
- Power Holdings in its acquisition of PowerTeam Services from CIVC Partners and in subsequent follow on acquisitions.
- Prudential Financial in the sale of its real estate brokerage and relocation business to Brookfield Residential Property Services.
- Rank Group in its $950 million acquisition of Honeywell’s automotive consumer products group.
- Verizon in the spin-off and merger of its wireline businesses in 14 states to Frontier Communications Corporation, a transaction valued to Verizon and its stockholders at $8.6 billion and in its earlier spin-off and merger of its wireline business in Maine, New Hampshire and Vermont with Fairpoint Communications, a transaction valued to Verizon and its stockholders at $2.72 billion.
- The Rank Group in a series of M&A transactions in the packaging sector, including its $2.7 billion purchase of Alcoa’s packaging and consumer businesses, its acquisition of Blue Ridge Paper Products, and its acquisition of the beverage packaging division of International Paper.
- Verizon in its $1.65 billion sale of Verizon Hawaii, its Hawaiian wireline-related businesses, to Carlyle.
- Kelso & Company and certain of its portfolio companies in a number of transactions, including the going private and subsequent sale of Del Labs.
Education
- Rutgers School of Law – Newark, 1994, J.D.
- Jersey City State College, 1989, B.A.