Lena E. Smith is a tax partner. Her practice focuses on advising clients on complex public and private M&A transactions, joint ventures and cross-border ...
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Experience
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- 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.
- 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.
- An international professional services firm in its role as the Monitoring Trustee, appointed by the European Commission, to monitor the compliance of a biotechnology company with the commitments given to the Commission pursuant to its Phase II merger control investigation of an acquisition.
- Kelso & Company in the formation of Kelso Investment Associates XI Fund, a $3.25 billion fund.
- Kelso & Company and its portfolio company, BradyIFS, in the merger of BradyIFS and Envoy Solutions, which includes a new strategic and financial partnership with Warburg Pincus and its affiliate funds.
- 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.
- EIG in the establishment of a fund to purchase a portion of the upstream assets from a public oil company.
- 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.
- 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.
- Clayton, Dubilier & Rice in its acquisition of PwC’s Global Mobility Tax and Immigration Services practice, the global leader in employee tax, immigration, business travel, cross-border managed services, and payroll solutions to multinational organizations and their employees.
- International Paper, a global producer of renewable fiber-based packaging and pulp products, in the separation and spin-off of its global printing papers business, Sylvamo, and related financing arrangements.
- PSG in the formation of PSG V, a $4.5 billion North America growth fund.
- Providence Equity Partners in the combination of Blackboard, a leading global educational technology software and solutions company, and Anthology, a leading provider of proven higher education solutions.
- 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.
- PSG in the formation of PSG Europe, a €1.25 billion European growth fund.
- Entities managed by Blackstone in the $2.8 billion acquisition of Allstate Life Insurance Company.
- Verizon in its $6.25 billion acquisition of Tracfone, the largest reseller of wireless services in the U.S.
- 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.
- Verizon in its acquisition of BlueJeans, a market-leading cloud-based video conferencing and event platform.
- New York Life in its $6.3 billion acquisition of Cigna’s Group Life and Disability Insurance business.
- Wilsonart, a Clayton, Dubilier & Rice portfolio company, in the $150 million sale of its Asia Business to Aica Kogyo and the Development Bank of Japan.
- Clayton, Dubilier & Rice and BrandSafway in the $6.2 billion sale of BrandSafway to Brookfield Business Partners L.P. and CD&R Fund X.
- Providence Equity Partners in the formation of Providence Equity Partners VIII, a $6 billion global media, entertainment and communications fund.
- Pacific Life in its sale of Aviation Capital Group to Tokyo Century Corporation.
- 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.
- Providence Equity Partners in the combination of Benefit Street Partners and Franklin Templeton Investments.
- Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in the placement of $280 million of senior unsecured notes.
- 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 SunSource, a distributor of hydraulic and pneumatic fluid power products in the U.S. and Canada.
- Pacific Life and Aviation Capital Group in the minority investment by Tokyo Century in Aviation Capital Group, a transaction which won the Airline Economics Aviation 100 “2017 Overall Equity Deal of the Year” award.
- The special purpose acquisition vehicle CF Corporation and Blackstone in the $1.835 billion acquisition of Fidelity & Guaranty Life.
- 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.
- New York Life Investments in its acquisition of a majority interest in Credit Value Partners, a distressed and high-yield debt investment management business.
- 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.
- Greater Media in its $240 million sale to Beasley Broadcast Group.
Education
- Brooklyn Law School, 2015, J.D.
- Boston University, 2011, B.A.