Mergers & Acquisitions

Experience

  • Clean Tech | Renewable Energy
    • 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.
    • Guggenheim Securities, as financial advisor to Gilead, in Gilead's $4.3 billion acquisition of biopharmaceutical company CymaBay.
    • Banner Ridge Partners in Investcorp’s Strategic Capital Group growth investment in Banner Ridge.
    • Clayton, Dubilier & Rice in its acquisition of a significant ownership position in Foundation Building Materials, a specialty building products distributor.
    • Cynosure, a Clayton, Dubilier & Rice portfolio company and provider of medical aesthetic treatment systems, in its strategic combination with Lutronic, a provider of intelligent laser and energy-based systems.
    • Sawai and Sumitomo in the $210 million sale of its subsidiary Upsher-Smith Laboratories to Bora Pharmaceuticals.
    • Global Infrastructure Partners, an independent infrastructure fund manager, in its acquisition by BlackRock for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.
    • New York Life Investments in its strategic partnership with Bow River Advisers, a subsidiary of Bow River Capital.
    • 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.
    • The Special Committee of SiriusXM in its agreement to combine SiriusXM with Liberty Media’s Liberty SiriusXM tracking stock group to create New SiriusXM, a new public company.
    • Hamilton Lane as lead investor in the formation of MiddleGround Capital’s $440 million MiddleGround Carbon CV, L.P. fund.
    • Global Atlantic, a retirement and life insurance company, in the $2.7 billion sale of its remaining 37% stake to KKR, increasing KKR’s ownership to 100%.
    • A UK private equity sponsor in a single asset continuation fund to house an existing stake in a leasing business.
    • Tarsadia Investments in the reorganization of Amneal Pharmaceuticals, a global pharmaceuticals company with a diverse portfolio of approximately 270 pharmaceutical products, which includes eliminating its umbrella partnership-C-corporation structure.
    • Hamilton Lane as a co-lead investor in a single-asset secondary transaction completed by Vance Street Capital LLC, to extend Vance Street’s partnership with Jet Parts Engineering.
    • J.P. Morgan Securities, as financial advisor to Olink, in the sale of Olink to Thermo Fisher, valuing Olink at $3.1 billion.
    • Prosperity Life Group, an innovative insurance, reinsurance, and asset management company, in its acquisition of National Western in a transaction valued at approximately $1.9 billion.
    • J.P. Morgan Securities, as financial advisor to the special committee of Franklin BSP Lending Corporation (FBLC), in FBLC’s merger with Franklin BSP Capital Corp.
    • Clayton, Dubilier & Rice and Sharp in Sharp’s acquisition of Berkshire Sterile Manufacturing.
    • Southern Cross Group in its sale of Esmax, a fuels and lubricants retailer, to Aramco, an integrated energy and chemicals company.
    • Pantheon in its indirect investment in Zenobe Energy Limited, a UK green energy infrastructure firm.
    • Steven Cohen and Cohen Private Ventures in the acquisition of rights to operate a New York team in TGL, the new tech-forward, primetime golf league developed by Tiger Woods and Rory McIlroy’s TMRW sports in partnership with the PGA tour.
    • Zhongzhi Enterprise Group in the sale of a controlling stake in Aqseptence Group, an international equipment and solutions provider focused on water treatment and liquid/solid separation, to funds managed by Oaktree Capital Management.
    • Kelso & Company and its portfolio company, BradyIFS, in the merger of BradyIFS and Envoy Solutions, which includes a new strategic and financial partnership with Warburg Pincus and its affiliate funds.
    • TPG Growth in its acquisition of a majority stake in Crowe Healthcare Consulting, establishing it as an independent entity.
    • Mitsui in its agreement to tender its minority stake in Thorne to L Catterton in a take-private transaction with an aggregate value of approximately $680 million.
    • Elliott Management in its investment leading Speyside’s single asset continuation fund to support the future growth of its portfolio company Opta.
    • Ascent, a global leading provider of expedited, time-critical logistics solutions and other transportation services, in its sale to affiliates of H.I.G.
    • Swiss Re in a strategic partnership with Resolution Life in support of its transaction with Farmers New World Life Insurance Company.
    • 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.icon-alt
    • Rithm in its acquisition of Sculptor Capital Management, a multi-strategy hedge fund manager, in a transaction valued at approximately $639 million.
    • Brookfield Reinsurance in its acquisition of American Equity Investment Life Holding Company in a transaction valued at approximately $4.3 billion.
    • Global Atlantic, a retirement and life insurance company, in the closing of its $2.4 billion Ivy II reinsurance co-investment vehicle.
    • Kelso & Company in its investment in Valenz.
    • KKR and Global Atlantic, a retirement and life insurance company, in their strategic partnership with Japan Post Insurance.
    • Constellation, backed by institutional investors Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Board, in its $10 billion block reinsurance transaction with Prudential.
    • American International Group in its sale of Validus Re to RenaissanceRe Holdings Ltd.
    • Compre, the Bermuda headquartered international legacy group, in its agreement with SUNZ Insurance Company to acquire a workers’ compensation legacy portfolio.
    • Bregal Sagemount in its strategic growth investment in Neptune Flood Incorporated, a leading digital insurtech platform and private flood insurance provider.
    • HarbourVest Partners as co-lead investor in a €1.63 billion continuation fund, sponsored by Triton, to acquire four portfolio companies from Triton Fund IV.
    • Five Arrows, the alternative assets arm of Rothschild & Co., in its acquisition of a majority stake in n2y, a provider of comprehensive, SaaS-based solutions for students with unique learning challenges.
    • Prudential Financial in the acquisition of a majority interest in Deerpath Capital Management and its associated affiliates by PGIM, the $1.2 trillion global investment management business of Prudential.
    • HarbourVest Partners as co-lead investor in a $1 billion continuation fund, sponsored by OEP, to support continued growth for two European portfolio companies.
    • Morgan Stanley Capital Partners in its acquisition of Allstar Services and RowCal.
    • 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.
    • TPG in its acquisition of a majority interest in OneOncology, a network of leading oncology practices, in a transaction valued at $2.1 billion.
    • A global fund of funds as lead investor in an approximately €750 million continuation fund to house existing private equity fund stakes and provide additional capital for new commitments.
    • StanCorp Financial Group in its acquisition of the Life & Disability business from Elevance Health.
    • Chubb in its 15-year exclusive bancassurance distribution agreement with Hang Seng Bank.
    • Pernod Ricard in its acquisition of a majority stake in Skrewball, a super-premium and fast-growing flavored whiskey.
    • Kelso & Company in its investment in Pathstone, an independently operated, partner-owned advisory firm offering comprehensive family office services.
    • Compre, the Bermuda headquartered international legacy group, in its agreement with SiriusPoint on a reinsurance Loss Portfolio Transfer covering approximately $1.3 billion of reserves.
    • EIG in the establishment of a fund to purchase a portion of the upstream assets from a public oil company.
    • Gentiva, a Clayton, Dubilier & Rice portfolio company and leading hospice, palliative, and personal care company, in its acquisition of Heartland hospice and home care.
    • Brookfield Reinsurance in its acquisition of Argo in a transaction valued at approximately $1.1 billion.
    • Gedeon Richter, the specialty pharmaceutical company, in its acquisition of OC Distributors, an Ireland-based company holding the marketing and distribution rights of a number of women’s healthcare products.
    • Inovar Packaging Group in its acquisition of Cimarron Label and Western Printing, a label printing provider.
    • 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.
    • Mitsui in the formation of the Blue Water Alliance, a joint venture in partnership with Olin Corporation.
    • M&T Bank Corporation in the sale of its Collective Investment Trust business to Madison Dearborn Partners.
    • Tristan Capital, the pan-European real estate investment manager, in its sale of a 31% interest in Tristan to Candriam, a New York Life affiliate, taking Candriam’s total stake in Tristan to 80%.
    • J.P. Morgan Securities, as co-financial advisor to Horizon Therapeutics, a global biotechnology company, in its $28.5 billion sale to Amgen.
    • Clayton, Dubilier & Rice in its acquisition, together with Greenbriar Equity Group, of Paradigm Precision and Whitcraft Group and the merger of the two companies.
    • Helios Investment Partners, the leading Africa-focused private investment firm, in its acquisition of a majority stake in Maroc Datacenter, a carrier neutral data center in Morocco.
    • The Joint Committee of the Board of Directors of BGC Partners in BGC Partners’ conversion into a corporate structure.
    • Nuveen, the investment manager of TIAA, in its acquisition of a controlling interest in Arcmont Asset Management, a private debt management firm.
    • TransDev, a global provider of mobility services, in its acquisition of FirstTransit, an EQT Infrastructure portfolio company.
    • Pernod Ricard in its acquisition of a majority stake in Código 1530 Ultra Premium and Prestige Tequila.
    • Resolution Life in its strategic partnership with Blackstone, including a $500 million strategic investment, for its life insurance and annuity consolidation business.
    • Morgan Stanley Capital Partners in its investment in Emler Swim School.
    • Providence Equity Partners in its minority investment of up to $500 million in the formation of The North Road Company.
    • Deutsche Bank as financial advisor to Signify Health, a leading health care platform, in its $8 billion sale to CVS Health, a leading health solutions company.
    • Pantheon as co-lead investor in a €708 million continuation fund, sponsored by DPE Deutsche Private Equity, to invest in two European technology and digital transformation consultancies. The deal won “Secondaries Deal of the Year” in Europe in the Secondaries Investor annual awards.
    • 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.
    • Kelso & Company in its strategic investment in WilliamsMarston, a leader in complex accounting, tax and valuation advisory services.
    • Carlyle, in collaboration with its life sciences franchise Abingworth and their development company Launch Tx, in its investment of up to $170 million in biopharmaceutical company Opthea Limited.
    • Spirit Airlines in its sale to JetBlue for $3.8 billion.
    • Schneider Electric, a global leader in the digital transformation of energy management and automation, in its acquisitions of EV Connect, an electric vehicle charging solutions provider, and EnergySage, an online marketplace for solar energy products and services.icon-alt
    • CPP Investments as an investor in a single-asset continuation fund established by GHO Capital Partners, created to hold existing portfolio company Validant, a leading international provider of quality, compliance and regulatory affairs consulting to Biotech, Pharma and MedTech companies.
    • 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.
    • J.P. Morgan Securities, as financial advisor to multi-cloud services provider VMware, in its sale to global technology leader Broadcom, in a transaction valued at approximately $61 billion.
    • Kelso & Company and its portfolio company, Eagle Family Foods Group, in their acquisition of General Mills’ Helper main meals and Suddenly Salad side dishes businesses, in a transaction valued at approximately $610 million.
    • Clayton, Dubilier & Rice and TPG in their $4 billion take-private of Covetrus, a global animal-health technology and services company.
    • Kelso & Company in its acquisition of a majority interest in Inovar Packaging Group, a full-service provider of pressure sensitive labels, shrink sleeves and flexibles for a wide range of industries.
    • Dover Corporation in its $225 million acquisition of Malema, a designer and manufacturer of flow-measurement and control instruments for the biopharmaceutical, semiconductor, and industrial sectors.
    • Morgan Stanley Capital Partners in its acquisition of Fairway Lawns, a residential lawncare services provider.
    • Carlyle, as majority owner of Syniverse, in Twilio’s $750 million investment in Syniverse.
    • EQT Exeter, a purpose-driven global investment organization, in its acquisition of Redwood Capital Group, an asset manager in the multifamily residential property space.
    • Qatar Investment Authority in its $375 million co-investment in Elon Musk’s take private acquisition of Twitter.
    • Certain holders of second lien term loans issued by Integro Parent Inc., part of Tysers Insurance Brokers, Ltd., a leading Lloyds independent broker, in a transaction under which AUB Group Limited will acquire Tysers from Odyssey Investment Partners for $615.2 million.
    • 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.
    • Carlyle in its $2.1 billion capital raise and equity investment in Fortitude Re and the formation of a strategic advisory services agreement.
    • Verizon in its investment in Casa, a provider of physical and cloud-native infrastructure technology solutions.
    • Carlyle in its acquisition of Abingworth, a transatlantic life sciences investment firm with over $2 billion in assets under management.
    • Resonetics, a leader in micro-manufacturing for the medical device and diagnostics equipment, in its acquisition of EaglePicher Medical Power, a medical device manufacturer.
    • Adams Street Partners as a member of a syndicate investing in a €500 million continuation fund established by G Square Healthcare Private Equity LLP to acquire three existing assets from G Square Capital I and G Square Capital II.
    • 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.
    • TA Associates, in its acquisition of TouchTunes, an in-venue, interactive music and entertainment platform, from funds advised by Searchlight and Newlight.
    • Constellation, backed by institutional investors Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Board, in its acquisition of and $500 million capital contribution to Ohio National, as part of Ohio National’s demutualization process.
    • Leapfrog Investments in its sale of a 30% stake in Goodlife Pharmacies, a healthcare and retail pharmacy chain, to Eurapharma, the healthcare division of the CFAO Group.
    • Total Financial Solutions (d/b/a Total Bank Solutions) in its merger with Reich & Tang Deposit Networks.
    • Blackstone as lead investor in DNAnexus’ $200 million financing round.
    • AIA in its acquisition of Blue Cross Insurance Limited from Bank of East Asia.
    • LIBERTY Dental Plan Corporation, a dental benefits administrator, in its sale of a majority stake in LIBERTY to Welsh, Carson, Anderson & Stowe, a private equity firm.
    • First Reserve in its role as a strategic investor in Venterra Group, the offshore wind energy services business, as part of Venterra’s third funding round.icon-alt
    • AIA Australia in its sale of its superannuation and investment business to Resolution Life.
    • AIA in its pan-Asian health insurtech joint venture with Discovery.
    • Global Atlantic, a retirement and life insurance company, in its recapitalization of Drawbridge Realty’s $1.7 billion portfolio of office properties.
    • Carlyle in its strategic partnership with Orsini, an independent specialty pharmacy focused on rare diseases, gene therapies and complex conditions.
    • Spirit Airlines in its merger, later terminated, with Frontier Group Holdings, parent company of Frontier Airlines, in a transaction valued at $6.6 billion.
    • Atlas Merchant Capital in its investment in and strategic partnership with MarshBerry, a boutique investment banking and consulting firm.
    • Solenis, a leading global producer of specialty chemicals, in its acquisition of German chemical producer SCL.
    • Mizuho, a leading global bank, in its acquisition of Capstone Partners, a leading middle-market placement agent.
    • Smartly.io, the leading social advertising platform, in its acquisition of Ad-Lib.io, the creative optimization platform.
    • Evercore, as financial advisor to Vocera Communications, in its sale to medical technologies company Stryker for a total enterprise value of approximately $3.09 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.
    • 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.
    • Dover Corporation, a diversified global manufacturer and global services provider, in its $631 million acquisition of Engineered Controls International.
    • The Evercare Group, wholly owned by the Evercare Health Fund, in its $72 million sale of a 50% shareholding in Islamabad Diagnostic Centre to leading consumer healthcare company Integrated Diagnostics Holdings.
    • 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.
    • Gympass, a corporate wellbeing platform, in the acquisition of Trainiac, a leading one-on-one personal training fitness platform.
    • Canaccord Genuity Group, an independent, full-service financial services firm, in its acquisition of Sawaya Partners, an independent M&A advisory firm.
    • Morgan Stanley, as financial advisor to Hexion, in its sale to private equity firm American Securities.
    • Clayton, Dubilier & Rice in the sale of its investment in Belron, a worldwide leader in vehicle glass repair and replacement, valuing the company at €21 billion, including the formation of a new special purpose vehicle formed to continue CD&R’s partnership with Belron. The transaction was named “Secondaries Deal of the Year” by Buyouts magazine.
    • Consilio, a Stone Point Capital portfolio company, in its acquisition of Legility, a global legal services provider.
    • Deutsche Bank, as financial advisor to Bottomline Technologies, a financial technology provider, in its sale to Thoma Bravo, valued at approximately $2.6 billion.
    • 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.
    • Evercore and Guggenheim Securities as financial advisors to Arena, a clinical stage pharmaceuticals company, in its sale to Pfizer for a total equity value of approximately $6.7 billion.
    • Kelso & Company in its acquisition of a majority interest in ReSource Pro, a market leader in business process solutions for the P&C insurance industry.
    • 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.
    • Goldman Sachs Asset Management and Pantheon as co-lead investors in a secondary acquisition vehicle formed as part of a Nordic Capital-led consortium to invest in Vizrt, a global leader in production software for live video production.
    • Carlyle in its investment in Resonetics, a leader in micro-manufacturing for the medical device and diagnostics equipment industries, valuing the company at approximately $2.25 billion.
    • CPPIB Credit Investments, a wholly-owned subsidiary of Canada Pension Plan Investment Board, and OMERS, the defined benefit pension plan for Ontario’s municipal sector employees, in separate investments totaling $900 million in Odyssey Group, a U.S. based reinsurance and insurance subsidiary of Fairfax.
    • Oaktree Capital Management as a lead investor in the $890 million recapitalization of Patriot National Bancorp, parent company of a nationally chartered bank, in its merger with American Challenger, an entity formed in 2020 to establish a new digital national bank.
    • 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.
    • Centerview, as financial advisor to R.R. Donnelly, a leading global provider of multichannel business communications services and marketing solutions, in its $2.1 billion sale to Atlas.
    • HCA Healthcare, one of the nation’s leading provider of healthcare services, in its agreement to divest certain assets from its joint venture with Brookdale Health Care Services to LHC Group, a national provider of in-home healthcare.
    • H.I.G. Capital, a leading global alternative investment firm with over $45 billion of equity capital under management, in its acquisition of a majority stake in Grupo Ransa, a leading third party logistics operator in the Andean Region and Central America.
    • Covéa in its $9 billion acquisition of Partner Re, the largest deal in the insurance sector in 2021.
    • S&S Activewear in its acquisition of TSC Apparel, a leading national distributor of blank apparel and accessories.
    • HealthEdge and its controlling shareholder, Blackstone, in the acquisition of Wellframe, a digital health management company.
    • Clayton, Dubilier & Rice in its acquisition of PwC’s Global Mobility Tax and Immigration Services practice, the global leader in employee tax, immigration, business travel, cross-border managed services, and payroll solutions to multinational organizations and their employees.
    • Carlyle in its strategic growth investment and acquisition of a majority stake in Saama, a leading AI-driven intelligent clinical cloud company that enables the life sciences industry to conduct faster and safer clinical developments and regulatory programs, valuing the company at up to $430 million.
    • Sun Life in its $2.475 billion acquisition of DentaQuest.
    • 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.
    • Blackstone in its investment in Medable, the leading cloud platform for patient-centered clinical research, valuing Medable at $2.1 billion.
    • A major investor in Envigo, a pharmaceutical and biotechnology research provider, in the sale of Envigo to Inotiv, a drug discovery and development contract research organization, for a total transaction value of approximately $545 million.
    • HCA Healthcare, one of the nation’s leading provider of healthcare services, in its agreement to acquire the operations of five hospitals of Steward Health Care, the largest physician-led healthcare network.
    • Fortitude Re, a Carlyle portfolio company, in its acquisition of a $31 billion block of legacy variable annuities from Prudential Financial for a total transaction value of $2.2 billion.
    • Providence Equity Partners in the combination of Blackboard, a leading global educational technology software and solutions company, and Anthology, a leading provider of proven higher education solutions.
    • D1 Capital as the lead investor in a convertible preferred shares investment in XTransfer, a China-based FinTech company providing cross-border payment services.
    • Glendower Capital in its strategic partnership with CVC, creating a combined group with total assets under management of approximately €113 billion.
    • Pactiv Evergreen in its $380 million acquisition of Fabri-Kal, a U.S. manufacturer of foodservice and custom thermoformed plastic packaging solutions.
    • Covéa in its definitive agreement to sell CSE Insurance to Porch Group for $48.6 million in cash.
    • Consilio in its acquisition of the Adecco Group’s legal consulting and eDiscovery Business Units.
    • IDB Bank, the largest Israeli bank operating in the U.S., in the creation of IDB Lido Wealth, a strategic partnership and joint venture with Lido Advisors, a full-service, independent investment advisor.
    • DoubleVerify, a Providence Equity Partners portfolio company and a leading software platform for digital media measurement and analytics, in its agreement to acquire Meetrics, a European ad verification company, in an all-cash transaction.
    • Morgan Stanley, as financial advisor to Veoneer, in its sale to Magna, later terminated, and in its subsequent sale to SSW Partners.
    • Lone Wolf, a Stone Point Capital portfolio company, in its acquisition of Propertybase, a leading global real estate and mortgage software company.
    • CPP Investments in its $350 million investment in Advance Drainage Systems, a leading provider of water management solutions in the storm water and wastewater industries.
    • CPP Investments in the growth equity financing by Clarifai, a developer of AI management solutions.
    • CPP Investments as lead investor in the $175 million growth equity financing of Asimov, a synthetic biology company.
    • Clayton, Dubilier & Rice and Solenis in the sale of Solenis to Platinum Equity at an implied enterprise value of $5.25 billion.
    • CPP Investments in the $440 million growth equity financing by Laronde, developer of engineered therapeutics.
    • CPP Investments in the $180 million growth equity financing by Deep Genomics, a developer of AI for RNA therapies.
    • Clayton, Dubilier & Rice in its $6 billion acquisition and subsequent combination of Fort Dearborn and Multi-Color Corporation, to create the world's largest label solutions company.
    • CPP Investments in the $830 million growth equity financing by Caris Life Sciences, a developer of AI for precision medicine.
    • Discovery, Inc. in the acquisition of WarnerMedia from AT&T in a Reverse Morris Trust transaction that values the combined entity at approximately $130 billion.
    • Domtar in its $3 billion sale to Paper Excellence.
    • AIA in its acquisition of BEA Life Limited and 15-year exclusive bancassurance partnership with The Bank of East Asia in Hong Kong and Mainland China.
    • Verizon in its $6.25 billion acquisition of Tracfone, the largest reseller of wireless services in the U.S.
    • Domtar in the $920 million sale of its personal care business to American Industrial Partners.
    • Entities managed by Blackstone in the $2.8 billion acquisition of Allstate Life Insurance Company.
    • Aveva Group, a global leader in industrial software, in its $5 billion acquisition of OSIsoft.
    • J.P. Morgan Securities, as financial advisor to Marvell Technology Group, in Marvell’s acquisition of Inphi Corporation creating a semiconductor company with an enterprise value of $40 billion.
    • Gogo, the leading inflight Internet company, in the successful sale of its commercial aviation business to Intelsat, which was in Chapter 11 at the time of the transaction, for $400 million.
    • Steven Cohen and Cohen Private Ventures in the $2.4 billion acquisition of the Mets.
    • Clayton, Dubilier & Rice in its $4.7 billion acquisition of Epicor Software, a global provider of cloud-based, industry-specific Enterprise Resource Planning software to industrial-focused sectors.
    • The Special Committee of Liberty Broadband in Liberty Broadband’s $10.59 billion acquisition of GCI Liberty.
    • Kelso & Company and US LBM in Bain Capital Private Equity’s acquisition of a majority interest in US LBM.
    • Carlyle in its majority investment in TriNetX, a leading global health research network optimizing clinical research to bring new therapies to market faster.
    • 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.
    • Toyota Motor Corporation, as an investor in Uber Technologies' self driving unit Advanced Technologies Group (Uber ATG), in its sale of Uber ATG to Aurora.
    • Stone Point Capital in its investment in Lone Wolf Technologies, the North American leader in residential real estate software.
    • The Special Committee of the Board of Directors of Match Group, a dating company with a market value of over $30 billion, in its separation from IAC.
    • Precision Medical Group in its investment from funds managed by Blackstone.
    • Blackstone in its investment in Bright Health as part of a $500 million Series E financing round.
    • Clayton, Dubilier & Rice in its acquisition of S&S Activewear, a leading North American distributor of imprintable apparel and accessories.
    • Schneider Electric in its acquisition of an 80% controlling stake in Operation Technology / ETAP Automation, the leading software platform for electrical power systems modeling and simulation.
    • Kelso & Company, as part of a consortium with Arch Capital Group and Warburg Pincus, in the $700 million acquisition of Watford Holdings, a global property and casualty insurance and reinsurance company.
    • Clayton, Dubilier & Rice and BrandSafway in the $6.2 billion sale of BrandSafway to Brookfield Business Partners L.P. and CD&R Fund X.
    • Verizon in its acquisition of BlueJeans, a market-leading cloud-based video conferencing and event platform.
    • InterXion in its combination with Digital Realty, valuing InterXion at $8.4 billion.
    • Third Point Re in its $788 million merger with Sirius Group.
    • 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.
    • Global Atlantic, a retirement and life insurance company with $70 billion in investable assets, in its $4.4 billion sale to KKR.
    • Morgan Stanley Capital Partners and Pathway Vet Alliance in the $2.7 billion sale of a majority stake in Pathway to TSG Consumer Partners.
    • 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.
    • Prudential in its sale of Prudential of Taiwan to Taishin Financial.
    • AIA in its strategic partnership with Practo, India’s leading digital healthcare platform.
    • Prudential plc and Jackson National in the reinsurance to Athene of $27.6 billion of Jackson’s in-force fixed and fixed index annuities and a $500 million equity investment in Jackson’s holding company.
    • Blackstone in its acquisition of HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses.
    • Toyota Motor Corporation in its $394 million investment in Joby Aviation, an aerospace company that is developing and commercializing all-electric vertical takeoff and landing aircraft to enable the deployment of fast, quiet and affordable air taxi services.
    • New York Life in its $6.3 billion acquisition of Cigna’s Group Life and Disability Insurance business.
    • GoDaddy in its acquisition of Neustar’s Registry business, a registry technology platform that includes an extensive portfolio of top-level domains.
    • 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.
    • Blackstone in its $2.7 billion sale of F&G to Fidelity National Financial.
    • International Paper in the sale of its Brazilian corrugated packaging business to Klabin.
    • Carlyle in its investment in American Express Global Business Travel. (Terminated)
    • TPG Growth in an investment by U.S. Steel in Big River Steel valuing Big River Steel at $2.325 billion.
    • Tribune Media Company in its $7.2 billion sale to Nexstar Media.
    • LeapFrog Investments in its investment in MedGenome, a leading genetic diagnostics, research and data company focused on expanding access for populations in South Asia and other emerging markets, with operations in the U.S., India, Canada and Singapore.
    • Morgan Stanley and Greenhill Partners, as financial advisors to International Flavors and Fragrances, in its $45 billion Reverse Morris Trust merger with the nutrition and biosciences unit of DuPont de Nemours.
    • Elliott Management in its $683 million acquisition of Barnes & Noble, the largest retail bookseller in the U.S.
    • Prudential Financial in its $2.35 billion acquisition of Assurance IQ.
    • American Express in its acquisition of Resy, a leading digital restaurant reservation booking and management platform.
    • PowerTeam Services, a Clayton, Dubilier & Rice portfolio company, in its purchase of Miller Pipeline and Minnesota Limited for $850 million in cash.
    • Aflac Global Investments, a subsidiary of Aflac, in its $3 billion strategic partnership with Varagon Capital Partners, a direct lender to middle market companies.
    • Providence Equity Partners in its majority investment of €200 million in Smartly.io.
    • Clayton, Dubilier & Rice and TRANZACT in the $1.3 billion sale of TRANZACT to Willis Towers Watson.
    • TPG Growth in its takeover of the existing assets of the Abraaj Group’s $1 billion Global Healthcare Fund. The deal saw Debevoise win the Specialist Deal Legal Advisor category at the Private Equity Africa Awards.
    • Carlyle in its $1.8 billion acquisition, with T&D Holdings, of a majority interest in Fortitude Re.
    • Discovery, Inc. in its $14.6 billion acquisition of Scripps Networks Interactive.
    • DoubleVerify, a Providence Equity Partners portfolio company and a leading software platform for digital media measurement and analytics, in its acquisition of Ad-Juster, a market-leading SaaS provider of unified data reporting and analytics for digital advertising.
    • Toyota Motor Corporation in its joint investment, with DENSO Corporation and SoftBank Vision Fund, in Uber’s Advanced Technologies Group.
    • Centerbridge Partners in its investment in GoHealth.
    • J.P. Morgan Securities, as financial advisor to The Medicines Co., in the $9.7 billion acquisition of The Medicines Co. by Novartis AG.
    • Pacific Life in its sale of Aviation Capital Group to Tokyo Century Corporation.
    • Morgan Stanley Private Equity in its acquisition of Impact Fitness, a franchisee of Planet Fitness and formerly a Bain Capital portfolio company.
    • Ply Gem and Clayton, Dubilier & Rice in Ply Gem’s $5.5 billion stock-for-stock combination with NCI Building Systems.
    • Pernod Ricard in its $223 million acquisition of Castle Brands.
    • Clayton, Dubilier & Rice in its acquisition of Cynosure, a leader in medical aesthetics systems and technologies, from Hologic, a NASDAQ listed medical technology company primarily focused on women’s health.
    • Capital Group Private Markets and other selling shareholders in the $1.85 billion sale of Eaton Towers to American Tower. The deal won the “M&A Deal of the Year” category at the IFLR1000 Sub-Saharan Africa Awards.
    • Bain Capital Private Equity and Diamond Castle in the sale of Beacon Health Options to Anthem.
    • HCA Healthcare in its $1.5 billion acquisition of Mission Health, a nonprofit North Carolina health system.
    • Reynolds Group and Closure Systems International (CSI) in their sale of CSI businesses and facilities to Cerberus Capital Management.
    • Alaska National Insurance Company in its acquisition by Copperpoint Insurance Companies.
    • Mitsui USA in its acquisition of a non-controlling interest in Capitala, a private equity and credit manager, and the formation of a strategic partnership between the two firms.
    • J.P. Morgan Securities, as financial advisor to Allergan, in the sale of Allergan to AbbVie for $63 billion in cash and stock.
    • Morgan Stanley Private Equity in its sale of CoAdvantage to Aquiline Capital.
    • One Rock Capital Partners in its acquisition of the Engineered Components and Systems segment of Actuant Corporation.
    • Emergent Cold, an Elliott Management portfolio company, in its acquisition of New Orleans Cold Storage.
    • Chubb in the acquisition of Banchile Seguros de Vida and Segchile Seguros Generales from a subsidiary of Quiñenco S.A. and other minority investors.
    • FWD in its acquisition of MetLife Hong Kong.
    • Schneider Electric in the formation of AlphaStruxure, a joint venture with Carlyle to develop energy management and automation solutions for critical transportation and infrastructure projects.
    • Guggenheim Securities and Morgan Stanley, as financial advisors to Pfizer, in its $11.4 billion acquisition of Array Biopharma.
    • Alibaba in the joint venture of its AliExpress business in Russia with the Russian Direct Investment Fund, MegaFon and Mail.ru, aimed at integrating Russia’s key consumer internet and e-commerce platforms.
    • Principal Financial Group in its $1.2 billion acquisition of Wells Fargo & Company’s Institutional Retirement & Trust business.
    • 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.
    • Kelso & Company in its acquisition of J.S. Held, a global consulting firm focused on high value insurance claims and construction-related matters.
    • GoDaddy in its acquisition of Sellbrite, a multi-channel management platform.
    • Providence Equity Partners in the combination of Benefit Street Partners and Franklin Templeton Investments.
    • SouthernCarlson in its sale to Kyocera Corporation.
    • Clayton, Dubilier & Rice in its acquisition of a controlling interest in Westbury Street, a leading independent contract caterer and hospitality services provider in the UK.
    • Toyota Motor Corporation in its $500 million investment in Uber to jointly develop Uber’s self-driving business.
    • Carlyle in its strategic minority investment in Grupo Madero, the largest casual dining and fast-casual restaurant chain in Brazil.
    • AmTrust Financial Services in the sale of its domestic and international surety and credit reinsurance operations to Liberty Mutual.
    • CPP Investments in the $700 million growth equity financing of Sana Biotechnology, a U.S.-based biotech company focused on creating and delivering engineered cells as treatments for disease.
    • Deutsche Bank Securities, as financial advisor to Eli Lilly, in Eli Lilly's $8 billion acquisition of Loxo Oncology.
    • Blackstone’s Tactical Opportunities Group in its strategic minority investment in Annexus, a leading designer of annuities and insurance-based retirement products.
    • NCI Building Systems in its unit purchase agreement with Environmental Materials, LLC.
    • Quarton International, an independent U.S. and European M&A advisory firm, in its sale to Cowen.
    • Time Inc. in its $2.8 billion sale to Meredith.
    • Clayton, Dubilier & Rice in its $2.5 billion acquisition of HD Supply’s Waterworks Division, the largest distributor of waterworks products in the United States.
    • Carlyle in its sale of a majority stake in Getty Images to the Getty family.
    • Risk Strategies, a Kelso & Company portfolio company, in its acquisition of Krauter & Company, a leading specialty firm focused on the risk and insurance needs of private equity firms and their portfolio companies nationwide.
    • Citizens Financial in its agreement to purchase certain assets of Bowstring Advisors, an Atlanta-based M&A advisory firm.
    • HarbourVest Partners in its role in the £1.2 billion take-private acquisition of UK insurer esure.
    • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in its revised AUS$3.0 billion acquisition of AMP Life.
    • Chubb in its long-term distribution agreement with Banco de Chile, the largest bank based in Chile.
    • KeyBank in its acquisition of Laurel Road’s affinity-focused digital lending business.
    • Citizens Financial in its acquisition of Clarfeld Financial Advisors.
    • Access Industries as a lead consortium investor in the $5.6 billion acquisition of Calpine.icon-alt
    • American International Group in its $5.56 billion acquisition of Validus Group, a Bermuda-based, NYSE-listed, (re)insurance company.
    • Sequoia Capital as a shareholder of Qualtrics International in Qualtric’s $8 billion sale to SAP.
    • TPG and Welsh, Carson, Anderson & Stowe, with Humana, in their $1.4 billion acquisition of Curo Health Services.
    • J.P. Morgan Securities, as financial advisor to CommScope, in CommScope's $7.4 billion acquisition of ARRIS.
    • Carlyle in its acquisition of an outstanding interest in NEP Group from Crestview Partners.
    • Ambev S.A. in the acquisition of a 30% interest in Cervecería Nacional Dominicana (CND), the leading beer company in the Caribbean, and the restructuring of its joint venture with E. León Jimenes, in a transaction valued at $926.5 million.
    • EIG in the formation of a joint venture with FS Investments to manage the $4 billion FS Energy and Power Fund.
    • Helios Investment Partners in its investment in KMR Holding Pédagogique, a Morocco-based leading private higher education group.
    • Clayton, Dubilier & Rice in its $2.4 billion take private of Ply Gem and acquisition of Atrium Windows & Doors, two leading building products companies.
    • Cornell Capital as a lead investor in the $2.05 billion acquisition of Talcott Resolution, The Hartford’s run-off life and annuity businesses.
    • International Paper in the $1.8 billion combination of its North America Consumer Packaging business with Graphic Packaging.
    • Cerberus Capital Management in its acquisition of Electrical Components International, the world’s leading manufacturer of wire harnesses, control boxes and value-added assembly services, from KPS Capital Partners.
    • Johnson & Johnson in its acquisition of Zarbee's Naturals, a leader in naturally-based healthcare products.
    • Johnson & Johnson in its global co-development and commercialization agreement with Theravance Biopharma, relating to various compounds being developed for the treatment of inflammatory bowel disease, including Crohn's and ulcerative colitis.
    • Dover Corporation in its acquisition of Germany-based Ettlinger, a leading manufacturer of filtering solutions for the plastics recycling industry.
    • AXA in its acquisition of 51% of Mercantil Colpatria’s insurance operations in Colombia for COP 672 billion.
    • Pitney Bowes in the sale of its global production mail business to Platinum Equity.
    • Solenis, a Clayton, Dubilier & Rice portfolio company, in its combination with BASF's paper and water chemicals business.
    • AIA Group in its AUS$3.8 billion acquisition of CommInsure and Sovereign, the life insurance businesses of the Commonwealth Bank of Australia in Australia and New Zealand, and related 20 year bancassurance agreements.
    • Guggenheim Securities and J.P. Morgan Securities, as financial advisors to Bioverativ, a global biopharmaceutical company, in Bioverativ’s $11.6 billion sale to Sanofi.
    • P2 Capital, alongside Silver Lake, in the $3.5 billion acquisition of Blackhawk, a global financial technology company.
    • TPG and Welsh, Carson, Anderson & Stowe in the $4.1 billion acquisition of Kindred Healthcare.
    • Verizon Communications in its $3.1 billion acquisition of Straight Path Communications, a leading wireless spectrum holder.
    • CF Corporation and Blackstone in the $1.835 billion acquisition of Fidelity & Guaranty Life.
    • Sawai Pharmaceutical in its $1.5 billion acquisition of the generic pharmaceuticals business of Upsher-Smith Laboratories.
    • Allergan in its $2.47 billion acquisition of ZELTIQ, a medical technology company focused on utilizing its proprietary CoolSculpting controlled-cooling technology platform, the sales leader in the fast-growing body contouring segment of medical aesthetics.
    • Clayton, Dubilier & Rice in its $2.3 billion sale of Mauser Group, a leading global supplier of industrial rigid packaging products and reconditioning services, to Stone Canyon Industries.
    • Envision Healthcare in its $15 billion merger with AMSURG, creating one of the largest U.S. providers of specialty physicians and hospital-related services.
    • Nestlé in its $1.4 billion acquisition of the aesthetic dermatology business of Valeant Pharmaceuticals.
    • Norilsk Nickel in the $2 billion spin-off of its gold assets and creation of Polyus Gold, a major international gold company with a market capitalisation in excess of $9 billion.
    • The Dolan family, controlling stockholders of Cablevision Systems Corporation, in Cablevision’s $17.7 billion sale to Altice.
    • Canada Pension Plan Investment Board in its $12 billion acquisition of GE Capital’s sponsor lending business, including Antares Capital, the leading lender to middle market private equity sponsors in the U.S.
    • Verizon Communications in the $10.54 billion sale of its local wireline operations in California, Florida and Texas to Frontier Communications.
    • Protective Life in its $5.7 billion merger with a subsidiary of Dai-ichi Life, a life insurance company listed on the Tokyo stock exchange.
    • TIAA-CREF in its $6.25 billion acquisition of Nuveen Investments.
    • Uralkali in its $8.1 billion merger with Silvinit.
    • Clayton, Dubilier & Rice and US Foods in the $8.2 billion merger, later terminated, of US Foods with Sysco Corporation.
    • The Special Committee of the Board of Directors of Dell in litigation challenging the $24.9 billion sale of Dell to an investor group including Michael Dell and Silver Lake.
    • Carlyle in its $3.3 billion acquisition of Getty Images.
    • Access Industries in its $3.3 billion acquisition of Warner Music Group.
    • KazakhGold Group Limited in a reverse takeover of Polyus Gold valued at $10 billion.
    • Bain Capital, Carlyle 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."
    • American International Group in its $6 billion sale of a portion of its controlling stake in AIA Group.
    • General Electric and NBC in their acquisition of Vivendi Universal Entertainment and formation of NBC Universal, a $43 billion broadcast, cable, studio, film and diversified entertainment company owned 20% by Vivendi and 80% by General Electric.
    • Verizon Wireless in its $28.1 billion acquisition of Alltel Corporation.