Rick Sofield

Partner

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Washington, D.C.

Tel: +1 202 383 8054

Overview

Rick Sofield is a partner and Co-Head of the firm’s National Security Group based in Washington, D.C. His practice focuses on matters with national ... Read Full Biography

Experience

- Coller Capital as lead investor in the formation of Abry Partners’ $1.6 billion Continuation Fund, Abry Advanced Securities Fund III.
- 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.
- Corebridge Financial in AIG’s $3.4 billion sale of Corebridge common stock to Nippon Life Insurance Company.
- 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.
- Clayton, Dubilier & Rice in its acquisition, together with Stone Point Capital, of Truist Insurance Holdings, a subsidiary of Truist Financial Corporation, at an enterprise value of $15.5 billion.

Education

Harvard University, 1991, A.B.
Hofstra University School of Law, 1994, J.D.

Rick Sofield is a partner and Co-Head of the firm’s National Security Group based in Washington, D.C. His practice focuses on matters with national security implications. Ranked in Chambers Global (2024) and Chambers USA (2024), Mr. Sofield represents financial institutions, private equity sponsors and public and private companies across financial services, technology, healthcare, energy, industrial and defense sectors advisers, on cross-border transactions and investments with national security implications, including security reviews by the Committee on Foreign Investment in the United States (CFIUS), the mitigation of foreign ownership, control or influence (FOCI) under industrial security regulations administered by the U.S. Defense Security Service and the U.S. Department of Energy, and the review of Federal Communications Commission license applications by Team Telecom, an interagency group of regulators, as well as export controls and other national security matters. The guides note that he is “very analytical” and he has “a superb knowledge of an area of regulation that is constantly evolving and has many components.”Before entering private practice, Mr. Sofield was a federal government lawyer for nearly 25 years. He served as the Director of the Foreign Investment Review Staff for the National Security Division at the U.S. Department of Justice (DOJ). In that role, he oversaw DOJ’s participation in CFIUS, including the review of more than 1,000 acquisitions and efforts to prohibit multiple transactions on national security grounds. He also served as Chair of Team Telecom, which determines whether certain foreign ownership applications before the FCC create law enforcement or national security concerns. Mr. Sofield received his J.D. from Hofstra University School of Law in 1994 and his A.B. from Harvard University in 1991.