Experience

• • Oaktree Capital Management and Velocity Risk in the $525 million sale of Velocity Risk to Ryan Specialty, and sale of Velocity Specialty Insurance Company to FM, from funds managed by Oaktree.
  • 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.
  • Shearer’s Foods, a Clayton, Dubilier & Rice portfolio company, in its offering of $450 million of Senior Notes due 2032.
  • The Standard in its acquisition of The Allstate Corporation’s Employer Voluntary Benefits business in a transaction valued at approximately $2 billion.
  • Clayton, Dubilier & Rice in its acquisition, together with TowerBrook, of R1 RCM, a provider of technology-driven solutions that impact the patient experience and financial performance of healthcare providers, at an enterprise value of $8.9 billion.
  • 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 of Shearer’s Foods, a leading contract manufacturer and private label supplier in the snack industry in North America.
  • Brookfield Reinsurance in its acquisition of Argo in a transaction valued at approximately $1.1 billion.
  • Clayton, Dubilier & Rice in its acquisition, together with Greenbriar Equity Group, of Paradigm Precision and Whitcraft Group and the merger of the two companies.
  • 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.
  • Spirit Airlines in its sale, later terminated, to JetBlue for $3.8 billion.
  • EQT Exeter, a purpose-driven global investment organization, in its acquisition of Redwood Capital Group, an asset manager in the multifamily residential property space.
  • Carlyle in its $2 billion acquisition of Abingworth, a life sciences investment firm.
  • Spirit Airlines in its merger, later terminated, with Frontier Group Holdings, parent company of Frontier Airlines, in a transaction valued at $6.6 billion.
  • Carestream Dental, a Clayton, Dubilier & Rice portfolio company and leading provider of dental technology, in the $600 million carve-out sale of its Scanning Technology business to Envista, a leading global dental products company.
  • Oaktree Capital Management, a leader among global investment managers specializing in alternative investments, in its acquisition of Velocity Risk, a catastrophe-focused property and specialty insurance risks managing general agent.
  • Covéa in its $9 billion acquisition of Partner Re, the largest deal in the insurance sector in 2021.
  • Lone Wolf, a Stone Point Capital portfolio company, in its acquisition of Propertybase, a leading global real estate and mortgage software company.
  • Domtar in its $3 billion sale to Paper Excellence.
  • Domtar in the $920 million sale of its personal care business to American Industrial Partners.
  • Third Point Re in its $788 million merger with Sirius Group.
  • The Special Committee of Liberty Broadband in Liberty Broadband’s $10.59 billion acquisition of GCI Liberty.
  • Clayton, Dubilier & Rice in its acquisition of Radio Systems Corporation, a market-leading provider of innovative pet product solutions.
  • Morgan Stanley Capital Partners in its investment in World 50, a provider of private peer communities for business executives.
  • Stone Point Capital in its acquisition of Safe-Guard.