Experience

• • Veritiv Operating Company, a Clayton, Dubilier & Rice portfolio company, in the financing aspects of its acquisition of Orora Packaging Solutions, a global packaging and visual communications company, including an offering of $350 million aggregate principal amount of 10.500% additional Senior Secured Notes due 2030, a $800 million incremental term loan facility and a $275 million incremental ABL revolving facility.
  • Cohen Private Ventures in its sale of the Syracuse Mets and Brooklyn Cyclones to Diamond Baseball Holdings, an organization that owns and operates select minor league clubs affiliated with Major League Baseball.
  • Schneider Electric, a global leader in the digital transformation of energy management and automation, in its acquisition of a controlling interest in Motivair, a global provider of advanced liquid cooling solutions designed to meet the thermal challenges of modern computing technology.
  • Shearer’s Foods, a Clayton, Dubilier & Rice portfolio company, in its offering of $450 million of Senior Notes due 2032.
  • TPG and OneOncology in OneOncology’s acquisition of United Urology Group.
  • 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.
  • Gentiva, a Clayton, Dubilier & Rice portfolio company, in the sale of its personal care operations to Addus in a transaction valued at approximately $350 million.
  • 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.
  • Morgan Stanley Capital Partners in its sale of World 50 and its related subsidiary companies to a single asset GP-led continuation fund investment vehicle managed by an affiliate of MSCP.
  • 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.
  • Artera Services and Clayton, Dubilier & Rice in the $2 billion comprehensive refinancing for Artera.
  • Clayton, Dubilier & Rice in its sale of a majority interest in American Greetings to Elliott Investment Management.
  • KKR in the formation of KKR Asia Pacific Infrastructure Investors II, a $6.4 billion fund focused on infrastructure-related investments across Asia Pacific.
  • 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.
  • Schneider Electric in the sale of its subsidiary AutoGrid, a Virtual Power Plant (VPP) and Distributed Energy Resource Management System (DERMS) provider, to Uplight.
  • TPG Growth in its acquisition of a majority stake in Crowe Healthcare Consulting, establishing it as an independent entity.
  • TPG Rise Climate, the dedicated climate investing strategy of TPG's global impact investing platform TPG Rise, in the equity portion of a $700 million investment in Hybar, a newly formed company, to start up and operate a technologically advanced, environmentally sustainable scrap metal recycling steel rebar mill.
  • Morgan Stanley Capital Partners in its acquisition of Allstar Services and RowCal.
  • TPG in its acquisition of a majority interest in OneOncology, a network of leading oncology practices, in a transaction valued at $2.1 billion.
  • Pernod Ricard in its acquisition of a majority stake in Skrewball, a super-premium and fast-growing flavored whiskey.
  • Gentiva, a Clayton, Dubilier & Rice portfolio company and leading hospice, palliative, and personal care company, in its acquisition of Heartland hospice and home care.
  • Morgan Stanley Capital Partners in its investment in Emler Swim School.
  • Oak HC/FT in the formation of Oak HC/FT Fund V, a $1.94 billion fund investing in healthcare and financial services sectors.
  • Clayton, Dubilier & Rice and TPG in their $4 billion take-private of Covetrus, a global animal-health technology and services company.
  • KKR in the formation of KKR North America Fund XIII, a $19 billion fund focused on pursuing opportunistic private equity investments in North America.
  • Clayton, Dubilier & Rice in its acquisition of a 60% interest in Humana’s Kindred at Home Hospice and Personal Care divisions, valued at $3.4 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.
  • Total Financial Solutions (d/b/a Total Bank Solutions) in its merger with Reich & Tang Deposit Networks.
  • Kindred Healthcare, a TPG portfolio company and leading specialty hospital company delivering acute health services, in its sale to LifePoint Health, a leader in the delivery of community-based care.
  • Gympass, a corporate wellbeing platform, in the acquisition of Trainiac, a leading one-on-one personal training fitness platform.
  • Morgan Stanley Capital Partners in the sale of 24 Seven, a leading provider of digital marketing and creative staffing solutions, to a single asset GP-led continuation fund vehicle managed by an affiliate of MSCP.
  • S&S Activewear in its acquisition of TSC Apparel, a leading national distributor of blank apparel and accessories.
  • 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.
  • Aflac Global Investments in its $2.1 billion strategic partnership with Denham Capital to accelerate Denham’s sustainable infrastructure platform.
  • 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.
  • Morgan Stanley Capital Partners in its acquisition of Sila, a heating and air company that offers HVAC, plumbing, indoor air quality, and home automation systems in the Northeastern and Mid-Atlantic United States.
  • TPG, Welsh, Carson, Anderson & Stowe and Kindred at Home in the sale of Kindred at Home to Humana, valuing Kindred at Home at $8.1 billion.
  • Clayton, Dubilier & Rice in its acquisition of Millennium Physician Group, one of the largest independent primary care practices in the country.
  • Kilter Finance in its investment in Independent Group.
  • Entities managed by Blackstone in the $2.8 billion acquisition of Allstate Life Insurance Company.
  • Clayton, Dubilier & Rice in its acquisition of S&S Activewear, a leading North American distributor of imprintable apparel and accessories.
  • KKR in the formation of KKR Asia Pacific Infrastructure Investors, a $3.9 billion Asia Pacific infrastructure fund.
  • Kelso & Company and US LBM in Bain Capital Private Equity’s acquisition of a majority interest in US LBM.
  • Kindred Healthcare in the sale of its RehabCare business line, a provider of contract therapy services in 43 states, to Select Rehabilitation, a leading provider of contract rehabilitation services.
  • 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.
  • Steven Cohen and Cohen Private Ventures in the $2.4 billion acquisition of the New York Mets.
  • Oak HC/FT in the formation of Oak HC/FT Partners IV, a $1.4 billion U.S. venture fund investing in healthcare and financial services 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 $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.
  • TPG in the sale of Adare Pharmaceuticals, a leading specialty contract development and manufacturing organization, to Thomas H. Lee Partners and Frazier Healthcare Partners and the related separation of Adare’s Eosinophilic Esophagitis product into a TPG-backed entity.
  • Morgan Stanley Capital Partners and Pathway Vet Alliance in the $2.7 billion sale of a majority stake in Pathway to TSG Consumer Partners.
  • Morgan Stanley Capital Partners in its investment in World 50, a provider of private peer communities for business executives.
  • Nexstar in its acquisition of the television broadcast station KGBT, Harlingen, Texas.
  • Allergan in its sale of Brazikumab to AstraZeneca and Zenpep to Nestle.
  • Dealer Tire, a Bain Capital portfolio company, in its acquisition of Dent Wizard.
  • Johnson & Johnson in its acquisition of TARIS, a biotechnology company specializing in the development of a novel drugs and delivery technologies for the treatment of cancer.
  • Amazon as strategic partner to Yankee Global Enterprises in the acquisition of the YES Network from The Walt Disney Company at a total enterprise value of $3.47 billion.
  • Centerbridge Partners in its investment in GoHealth.
  • American Express in its acquisition of Resy, a leading digital restaurant reservation booking and management platform.
  • SouthernCarlson in its sale to Kyocera Corporation.
  • AmTrust Financial Services in the merging of its Lloyd’s business with Canopius. The transaction will create a top-five insurer at Lloyd’s with combined premiums of approximately $2.2 billion.
  • AmTrust Financial Services in the sale of its domestic and international surety and credit reinsurance operations to Liberty Mutual.
  • Principal Financial Group in its $1.2 billion acquisition of Wells Fargo & Company’s Institutional Retirement & Trust business.
  • Jackson National Life Insurance in its agreements to reinsure John Hancock Life Insurance’s Group Payout Annuity business.
  • Dealer Tire in a significant investment by Bain Capital Private Equity.
  • Prism, a leading retina surgeon practice, in its sale of a 60% stake to Quad-C Management.
  • Wilton Re in its agreements to reinsure legacy comprehensive and nursing home long-term care insurance policies from Bankers Life and Casualty.
  • 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.
  • Guardian in the establishment of its $3 billion global funding agreement-backed debt issuance program, including its inaugural offering of $500 million offering of funding agreement-backed fixed rate notes due 2021.
  • Guardian in an exchange offer for $250 million of its outstanding 7.375% Surplus Notes due 2039 for 4.850% Surplus Notes due.
  • Dealer Tire in its significant investment in SimpleTire.
  • TPG and Welsh, Carson, Anderson & Stowe, with Humana, in their $1.4 billion acquisition of Curo Health Services.
  • TPG and Welsh, Carson, Anderson & Stowe in the $4.1 billion acquisition of Kindred Healthcare.
  • Time Inc. in its $2.8 billion sale to Meredith.
  • AmTrust Financial Services in a strategic transaction with Madison Dearborn for a portion of AmTrust’s U.S. fee businesses valued at $1.15 billion.
  • OppenheimerFunds in a joint venture with Carlyle, which will provide global private credit opportunities for the wealth market.
  • CoAdvantage, a Morgan Stanley Private Equity portfolio company, in its acquisition of Progressive Employer Management Company.
  • The Special Committee of the Board of Directors of BGC Partners in BGC Partners’ acquisition of Berkeley Point Financial, a leading commercial real estate finance company.
  • Two investors in their joint acquisition of Chesapeake Asset Management, a New York-based investment advisor.
  • PJSC Polyus in a public offering of shares and depositary receipts pursuant to Regulation S/Rule 144A and listing of depositary receipts on the LSE.
  • RWL Water in the merger by acquisition of Emefcy Group and RWL Water.
  • A secondaries investor as the lead investor in the recapitalization of two “end-of-life” funds, sponsored by the same manager, in a merger transaction designed to offer liquidity to existing investors.
  • Morgan Stanley Investment Management in the formation of North Haven Capital Partners VI, a $1.5 billion global buyout fund.
  • Morgan Stanley Private Equity in the financing aspects of its acquisition of Cadence Education, a leading provider of early childhood education.
  • HarbourVest Partners in its secondary acquisition of limited partnership interests from multiple sellers in funds managed by Indigo Capital Partners.
  • Dealer Tire in its sale of the assets of Dealer Tire Canada to Groupe Touchette.
  • International Paper in its $2.2 billion acquisition of Weyerhaeuser’s pulp business.
  • Nestlé Skin Health in its $1 billion acquisition of Guthy Renker’s worldwide Proactiv business, the world’s leading non-prescription acne brand.
  • Leeds Equity Partners in the formation of Leeds Equity Partners Fund VI, a $760 million U.S. buyout fund.