Experience

• Transactions

  • 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.
  • Kelso & Company in its investment in Pathstone, an independently operated, partner-owned advisory firm offering comprehensive family office services.
  • 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.
  • Providence Equity Partners in its minority investment of up to $500 million in the formation of The North Road Company.
  • 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.
  • 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.
  • Carlyle in its $2.1 billion capital raise and equity investment in Fortitude Re and the formation of a strategic advisory services agreement.
  • White Cap, a Clayton, Dubilier & Rice portfolio company and leading North American distributor of specialty concrete and construction accessory, safety, and building products, in its acquisition of Ram Tool, a construction supply distribution company.
  • DoubleVerify, a Providence Equity Partners portfolio company and a leading software platform for digital media measurement and analytics, in its acquisition of OpenSlate, a content-focused measurement and analytics company.
  • S&S Activewear in its acquisition of TSC Apparel, a leading national distributor of blank apparel and accessories.
  • Core & Main, a Clayton, Dubilier & Rice portfolio company, in its $803 million initial public offering.
  • 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.
  • White Cap Parent in the offer and sale of $300 million of 8.25%/9.00% Senior PIK toggle notes due 2026 to fund a dividend payment to the company's equity holders.
  • Clayton, Dubilier & Rice in its acquisition of S&S Activewear, a leading North American distributor of imprintable apparel and accessories.
  • Carlyle as a lead investor in the $1 billion launch of Vantage Group, a new re/insurance entity and its wholly owned subsidiary, Vantage Risk, a new property catastrophe reinsurance provider.
  • Verizon in its $6.25 billion acquisition of Tracfone, the largest reseller of wireless services in the U.S.
  • 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.
  • Clayton, Dubilier & Rice in its partnership investment in Cheney Brothers, a leading family-owned and operated regional food distributor serving the Southeastern United States.
  • Verizon in its acquisition of BlueJeans, a market-leading cloud-based video conferencing and event platform.
  • Clayton, Dubilier & Rice in its proposed $4 billion take private acquisition of Anixter International, a NYSE-listed company. (Terminated)
  • Clayton, Dubilier & Rice and BrandSafway in the $6.2 billion sale of BrandSafway to Brookfield Business Partners L.P. and CD&R Fund X.
  • 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.
  • Morgan Stanley Capital Partners in its acquisition of Educate 360 Holdings.
  • Clayton, Dubilier & Rice and TRANZACT in the $1.3 billion sale of TRANZACT to Willis Towers Watson.
  • Hojeij Branded Foods in its $330 million sale to Lagardère Travel Retail.
  • 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.
  • Solenis, a Clayton, Dubilier & Rice portfolio company, in its combination with BASF's paper and water chemicals business.
  • 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 a majority interest in American Greetings.
  • Syncora Holdings in a reinsurance agreement with Assured Guaranty to reinsure approximately $13.5 billion of financial guaranty policies, representing 91% of Syncora's outstanding insured exposures.
  • Clayton, Dubilier & Rice in its acquisition of SunSource, a distributor of hydraulic and pneumatic fluid power products in the U.S. and Canada.
  • Clayton, Dubilier & Rice in its $650 million acquisition of Capco, FIS’s management consulting business.
  • Verizon Communications 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.
  • Carmel Partners in the formation of Carmel Partners Investment Fund VI, a $1 billion U.S. real estate fund.
  • Brand Energy & Infrastructure Services in its buyout of Harsco Corporation’s 26% interest in Brand, a leading single-source provider of specialized industrial services to the worldwide energy and infrastructure sectors.
  • Verizon Communications 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.
  • Clayton, Dubilier & Rice in its $415 million acquisition of High Ridge Brands, the largest North American consolidation platform focused on acquiring orphaned personal care brands, from Brynwood Partners.
  • Verizon Communications in its $1.8 billion acquisition of XO Communications’ fiber-optic network business.
  • Hussmann, a Clayton, Dubilier & Rice portfolio company, in its $1.5 billion sale to Panasonic.
  • Kelso & Company in its acquisition of Risk Strategies Company, a national insurance and benefits brokerage and risk management firm, from Kohlberg & Company.
  • Verizon Communications in the $10.54 billion sale of its local wireline operations in California, Florida and Texas to Frontier Communications.
  • Kelso & Company in its acquisition with Estancia Capital Management of American Beacon.
  • TIAA-CREF in its $6.25 billion acquisition of Nuveen Investments.
  • Clayton, Dubilier & Rice in its $1.8 billion acquisition of Ashland Water Technologies.
  • Clayton, Dubilier & Rice in its acquisitions of Brand Energy and Harsco Infrastructure in a combined transaction valued at $2.5 billion.
  • Verizon Communications in its $49 billion bond offering, the largest ever corporate bond issue, as well as over $10 billion in additional debt financing to finance, in part, Verizon’s acquisition of Vodafone Group Plc’s 45% indirect ownership interest in Verizon Wireless.
  • FLAG Capital Management in its acquisition of Squadron Capital, a Hong Kong-based private equity investment firm.
  • Kelso & Company, as a member of an investor group, in the $3.3 billion acquisition of energy pipeline and infrastructure assets from Kinder Morgan Energy Partners.
  • Clayton, Dubilier & Rice in its $1.05 billion acquisition of a majority ownership stake in Wilsonart International Holdings, the decorative surfaces unit of Illinois Tool Works.
  • Kelso & Company in its co-investment in Venari Resources, a U.S. deepwater oil-and-gas exploration company.
  • Clayton, Dubilier & Rice in its acquisition of a 60% stake in Hussmann International, a leading global manufacturer of refrigerated display merchandizing equipment and refrigeration systems for the retail food industry, from Ingersoll Rand.
  • LivingSocial in its acquisition of Ticket Monster, the leading social commerce website in South Korea.
  • Reynolds Group in its $4.5 billion acquisition of Graham Packaging 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.
  • General Electric in the repurchase of Vivendi’s stock of NBC Universal for approximately $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.
  • Syncora Holdings and its subsidiary, Syncora Guarantee, in the subsidiary's comprehensive $6 billion restructuring relating to its transactions with various financial institutions that were counterparties to its credit default swaps and holders of residential mortgage-backed securities that it guaranteed.
  • Verizon Communications in the $8.6 billion spin-off and merger of its wireline businesses in 14 states to Frontier Communications Corporation.

• Private Equity Funds

  • KKR in the formation of its KKR European Fund VI, an $8 billion fund focused on private equity investments primarily in the developed economies of Western Europe.
  • KKR in the formation of KKR North America Fund XIII, a $19 billion fund focused on pursuing opportunistic private equity investments in North America.
  • Carlyle in the formation of Carlyle Credit Opportunities Fund II, a $4.6 billion credit opportunities fund.
  • 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.
  • Carlyle in the formation of Carlyle Europe Partners IV, a €3.75 billion Europe buyout fund.
  • Carlyle in the formation of Carlyle Europe Technology Partners III, a €656 million Europe growth capital/technology fund.
  • Carmel Partners in the formation of Carmel Partners Investment Fund V, a $1.025 billion U.S. real estate fund.
  • Carlyle in the formation of Carlyle Sub-Saharan Africa Fund, a $698 million Sub-Saharan Africa fund.
  • Oaktree Capital Management in the formation of Oaktree Real Estate Opportunities Fund VI, a $2.7 billion global real estate fund.
  • Carlyle in the formation of Carlyle Cardinal Ireland Fund, a €292 million Ireland-focused growth fund.
  • Carlyle in the formation of Carlyle Peru Fund, a $308 million Peru buyout/venture fund.
  • Oaktree Capital Management in the formation of Oaktree Opportunities Fund IX, a $5.1 billion global distressed debt fund.
  • Oaktree Capital Management in the formation of Oaktree European Principal Fund III, a €3.16 billion Europe distressed buyout fund.