Environmental

Experience

    • HCA Healthcare in its $1.5 billion acquisition of Mission Health, a nonprofit North Carolina health system.
    • SunSource, a Clayton, Dubilier & Rice portfolio company, in its acquisition of United Distribution Group, one of the largest distributors of industrial components and assemblies in North America.
    • Ply Gem and Clayton, Dubilier & Rice in Ply Gem’s $5.5 billion stock-for-stock combination with NCI Building Systems.
    • A Japanese utility as a member of an investor group in the group’s acquisition of majority ownership interests in Kleen Energy Systems, LLC, which operates a 620-megawatt natural gas-fired power plant located in Middletown, Connecticut. As part of the transaction, an affiliate of Ares EIF will manage the Kleen Energy power plant on behalf of the investor group.
    • Solenis, a Clayton, Dubilier & Rice portfolio company, in its combination with BASF's paper and water chemicals business.
    • Pitney Bowes in the sale of its global production mail business to Platinum Equity.
    • 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.
    • Cerberus Capital Management in its acquisition of Cyanco International, the largest global producer of sodium cyanide.
    • Clayton, Dubilier & Rice in its $2.4 billion take private of Ply Gem and acquisition of Atrium Windows & Doors, two leading building products companies.
    • Clayton, Dubilier & Rice in its acquisition of a majority interest in American Greetings.
    • TPG Capital and Welsh, Carson, Anderson & Stowe in the $4.1 billion acquisition of Kindred Healthcare.
    • Clayton, Dubilier & Rice in its $2.5 billion acquisition of HD Supply’s Waterworks Division, the largest distributor of waterworks products in the U.S.
    • Showa Denko in the U.S. aspects of its acquisition of SGL GE Holding.
    • Clayton, Dubilier & Rice in its acquisition of a controlling stake in Drive DeVilbiss Healthcare, a global manufacturer of medical products.
    • Canada Pension Plan Investment Board in its investment in convertible preferred equity securities of an affiliate of Advanced Disposal Services.
    • Greater Media in its $240 million sale to Beasley Broadcast Group.
    • Atkore International, a Clayton, Dubilier & Rice portfolio company, in its $192 million initial public offering.
    • International Paper in its $2.2 billion acquisition of Weyerhaeuser’s pulp business.
    • Dover Corporation in its $780 million acquisition of Wayne Fueling Systems from Riverstone Holdings.
    • Johnson & Johnson in the sale to SK Capital Partners of its global narcotics business, one of the world's leading producers of opiates.
    • Hussmann, a Clayton, Dubilier & Rice portfolio company, in its $1.5 billion sale to Panasonic.
    • American Securities and P2 Capital Partners in their $855 million acquisition of Blount International.
    • Kelso & Company in its acquisition of the J.M. Smucker Company’s U.S. canned milk brands and operations.
    • Clayton, Dubilier & Rice in its acquisition of PharMEDium, the leading national provider of outsourced compounded sterile preparations to acute care hospitals in the United States.
    • Truck-Lite, a Kelso & Company portfolio company, in its sale to Koch Equity Development and BDT Capital Partners.
    • Lannett in its acquisition for $1.23 billion in cash, plus additional contingent consideration, of Kremers Urban Pharmaceuticals, the U.S. specialty generic pharmaceuticals subsidiary of global biopharmaceuticals company UCB.
    • Alliance Laundry Systems, an Ontario Teachers’ Pension Plan portfolio company, in the sale of majority interest to BDT Capital Partners.
    • Kelso & Company in its acquisition of US LBM Holdings, a building products distributor, from BlackEagle Partners.
    • Univar in its $885 million initial public offering and concurrent private placement of $350 million of shares to Temasek and the additional purchase of 5 million shares of Univar common stock from selling stockholders by Temasek.
    • UCI in the $257 million sale of its Wells vehicle electronics business to NGK Spark Plug Co.
    • Mitsui in the sale of Transfreight North America, a wholly-owned subsidiary that provides logistics services primarily to automotive manufacturers, to U.S.-based Penske Logistics.
    • Mitsui in its acquisition of a 20% limited partnership interest in Penske Truck Leasing Co., L.P., a full service truck leasing, truck rental and logistics business that mainly operates in the U.S., from General Electric Capital Corporation.
    • Footprint Power in the sale of Salem Harbor Energy Station Project to Highstar Fund IV and Toyota Tsusho, an EPC Contract with Iberdrola Energy Projects, to build a 700MW state-of-the-art combined-cycle gas electric generating facility and a $730 million construction financing, a transaction awarded the Project Finance International “2015 Power Deal of the Year of the Americas” award.
    • NCI Building Systems in its $245 million acquisition of CENTRIA.
    • Chemtura in the $1 billion sale of its agrochemicals business, Chemtura AgroSolutions.
    • Clayton, Dubilier & Rice in its acquisition of up to a 49% stake in NYSE-listed CHC Group, the world's largest commercial helicopter operator with an enterprise value of $1.9 billion.
    • Schneider Electric in the sale of its custom sensors and technologies division to Carlyle and PAI, based on an enterprise value of $900 million, and its reinvestment of approximately $100 million.
    • Clayton, Dubilier & Rice in its $1.8 billion acquisition of Ashland Water Technologies.
    • Clayton, Dubilier & Rice in its acquisition of PharMEDium, a leading provider of sterile compounding services to hospital pharmacies.
    • Traxys Group in its agreement to sell a majority interest to The Carlyle Group and Louis Bacon.
    • Forest Laboratories in its $2.9 billion acquisition of Aptalis, a gastrointestinal and cystic fibrosis company, from TPG.
    • Clayton, Dubilier & Rice in its acquisition of a 60% stake in John Deere Landscapes, a unit of Deere & Company’s Agriculture & Turf segment, in a transaction valued at $465 million.
    • American International Group in the $7.6 billion sale of its 100% interest in International Lease Finance Corporation to NYSE-listed AerCap Holdings N.V.
    • Tribune Media Company in its $2.7 billion acquisition of Local TV Holdings.
    • Wilsonart, a Clayton, Dubilier & Rice portfolio company, in its acquisition of Durcon, a manufacturer of laboratory-grade work surfaces.
    • Clayton, Dubilier & Rice in its acquisitions of Brand Energy and Harsco Infrastructure in a combined transaction valued at $2.5 billion.
    • New Young Broadcasting in its $2.2 billion merger with Media General to combine the two local broadcast television and digital media companies.
    • Kelso & Company in its all-cash offer for EACOM Timber Corporation.
    • AssuraMed in its $2 billion sale to Cardinal Health.
    • 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 acquisition of Power Holdings, comprised of sister companies T&D Solutions and Associated Diversified Services, which offers a full range of outsourced maintenance and construction services to the electric utility industry, from Huntsman Gay.
    • International Paper in its $470 million sale of three containerboard mills.
    • 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.
    • Footprint Power in its acquisition of the Salem Harbor Power Station, a coal- and oil-fired power station, from Dominion Energy Inc. and subsequent development loan from Macquarie.
    • Reynolds Group in its $4.5 billion acquisition of Graham Packaging Company.
    • Reynolds Group in its acquisition of Dopaco, a foodservice packaging company.
    • International Paper in its $4.3 billion acquisition of Temple-Inland.
    • 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.
    • Kelso & Company in its acquisition of Nivel Holdings, a distributor of golf car aftermarket parts and accessories.
    • Diamond Castle in its sale of York Label Group to Multi-Color Corporation.
    • International Lease Finance Corporation in its $228 million acquisition of AeroTurbine from AerCap.
    • Mitsui in its joint venture with The Dow Chemical Company to produce biopolymers made from renewable, sugarcane-derived ethanol in Brazil.
    • Rank Group in its $950 million acquisition of Honeywell’s automotive consumer products group.
    • Reynolds Group in its $6 billion acquisition of Pactiv, a NYSE-listed global manufacturer and supplier of consumer food and beverage packaging and storage products.
    • Rank Group in its $980 million acquisition of UCI International, a North American automotive products business.
    • Reynolds Group in its $1 billion senior notes issuance and a $800 million term loan senior secured financing for the acquisition of the Evergreen businesses and the Whakatane Mill.
    • Clayton, Dubilier & Rice in its acquisition of a 42.5% stake in Univar, a global distributor of commodity and specialty chemicals, in a sponsored recapitalization transaction valuing Univar at $4.2 billion.
    • Clayton, Dubilier & Rice in its $1 billion acquisition of a 51% ownership stake in Tyco International’s Electrical and Metal Products business.
    • Mitsui in its joint venture with Dow Chemical to construct, own and operate a membrane chlor-alkali facility in Freeport, Texas.
    • A large Japanese investor in a significant investment in the U.S. Marcellus shale gas formation.
    • Kelso & Company in its acquisition of Logan's Roadhouse, a casual dining restaurant chain, from an investor group led by Bruckmann, Rosser, Sherrill & Co.
    • Kelso & Company in its investment in Truck-Lite.
    • Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan, in its acquisition of Exal Group.
    • Altegrity and Providence Equity Partners in their $1.13 billion acquisition of Kroll from Marsh & McLennan.
    • The Carlyle Group in its $3.3 billion acquisition of Getty Images.
    • BWAY Holding Company in the financing aspects of its $915 million sale to Madison Dearborn Partners.
    • Oaktree Capital Management with Avenue Capital and Lowe Hospitality Group, in acquiring the assets of Sea Island Company.
    • Clayton, Dubilier & Rice in its $250 million PIPE investment in NCI Building Systems.
    • Clayton, Dubilier & Rice in its 46% investment in JohnsonDiversey, a transaction valued at $2.6 billion.
    • International Paper in its $6 billion acquisition of Weyerhaeuser's packaging business.
    • Reynolds Group in its acquisition of Reynolds Consumer Products and Closure Systems International and the associated financings and refinancings, a group of transactions valued at $3.2 billion.
    • Bain Capital, The Carlyle Group and Clayton, Dubilier & Rice in their $8.5 billion acquisition of HD Supply from The Home Depot, which Private Equity Analyst named "LBO Deal of the Year."
    • A consortium that includes CAI Capital Partners, Goldman Sachs Capital Partners, Kelso & Company and Vestar Capital Partners, in its $3.3 billion going private acquisition of CCS Income Trust, a Canadian company providing waste management services to the oil industry.
    • Pernod Ricard in its $575 million sale of the Wild Turkey business to Gruppo Campari.
    • Clayton, Dubilier & Rice in its $7.1 billion acquisition with Kohlberg Kravis Roberts of U.S. Foodservice from Royal Ahold NV.
    • EDO Corporation in its $1.7 billion acquisition by ITT Corporation.
    • Freeport-McMoRan Copper & Gold in the $735 million sale of its cable and wire division to General Cable.
    • Phelps Dodge in numerous transactions, including its $26 billion merger with Freeport-McMoRan and its $40 billion merger (later terminated) with Canadian mining companies Inco and Falconbridge.
    • Domtar in its $6 billion combination with Weyerhaeuser's fine paper business in a "reverse Morris Trust" transaction; the new Domtar became the largest manufacturer of uncoated freesheet paper in North America.
    • DLI Holding Corp, the parent of Del Laboratories, a Kelso & Company portfolio company, in its acquisition by Coty, a leading global beauty and fragrance company.
    • Clayton, Dubilier & Rice in its $5.5 billion acquisition of The ServiceMaster Company.
    • Clayton, Dubilier & Rice, The Carlyle Group and Merrill Lynch Private Equity in the senior credit and high yield financings of the $15 billion acquisition of The Hertz Corporation.
    • EBG Holdings in its $5 billion merger with Astoria Generating Company Holdings.
    • The Rank Group of New Zealand in a series of M&A transactions, including its $2.7 billion purchase of Alcoa's packaging and consumer businesses, its acquisition of Blue Ridge Paper Products, a US paper producer, and its acquisition of the beverage packaging division of International Paper.
    • Novolipetsk Steel in obtaining EU merger control approval for its $1.6 billion joint venture with Duferco to acquire steel assets in Europe and the U.S.
    • VWR International, a portfolio company of Clayton, Dubilier & Rice, in its $4 billion sale to Madison Dearborn Partners.
    • Ripplewood and Oak Hill Capital in the financings for the $3.4 billion acquisition of RSC Equipment Rental.
    • The Carlyle Group in its $1.5 billion acquisition of Niagara Holdings and PQ Corporation from J.P. Morgan Partners and PQ Corporation’s follow-on acquisition of the INEOS Silicas business from INEOS Group.
    • Rexel in its $725 million acquisition of GE Supply from General Electric.