Experience

• • Ambac in the $420 million sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac UK, to funds managed by Oaktree Capital Management.
  • Ambac in its acquisition of a majority stake in Beat Capital Partners in a transaction valued at approximately $282 million.
  • American Coastal Insurance Corporation in its sale of Interboro Insurance Company to Forza Insurance Holdings.
  • Cerberus Capital Management in its $640 million sale of Cyanco to Orica.
  • 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.
  • Clayton, Dubilier & Rice in its acquisition of Presidio, a leading technology services and solutions provider, from BC Partners.
  • 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.
  • Elliott in its investment leading Speyside’s single asset continuation fund to support the future growth of its portfolio company Opta.
  • 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.
  • Nuveen, the investment manager of TIAA, in its acquisition of a controlling interest in Arcmont Asset Management, a private debt management firm.
  • Carlyle in its 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.
  • 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.
  • Blackstone in its investment in Medable, the leading cloud platform for patient-centered clinical research, valuing Medable at $2.1 billion.
  • agilon health and Clayton, Dubilier & Rice in the $587 million secondary offering of agilon health common stock.
  • Covéa in its definitive agreement to sell CSE Insurance to Porch Group for $48.6 million in cash.
  • Core & Main, a Clayton, Dubilier & Rice portfolio company, in its $803 million initial public offering.
  • Covanta in its sale to EQT in a transaction valued at more than $5 billion, in which EQT acquired all shares of Covanta common stock for $20.25 per share.
  • 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.
  • Electrical Components International, a Cerberus Capital Management portfolio company and leading wire harness, electrical components, and sub-assembly supplier for the diversified industrial markets, in its acquisition of Omni Connection International.
  • 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.
  • agilon health in its $1.2 billion initial public offering.
  • Blackstone as a lead investor in the formation of Hydrogen Health.
  • Blackstone in its investment in Ginger, a leader in on-demand behavioral healthcare.
  • Assurant in the $1.3 billion sale of its Global Preneed business to CUNA Mutual Group.
  • Clayton, Dubilier & Rice and Capco in the $1.45 billion sale of Capco to Wipro.
  • HealthEdge and its controlling shareholder, Blackstone, in the acquisition of Altruista, a care management software company that delivers care management and population health management solutions that support value-based and person-centered care models.
  • Morgan Stanley Capital Partners in the sale of Manna Pro Products, a recognized leader in pet care, to Carlyle.
  • 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.
  • HealthEdge and its controlling shareholder, Blackstone, in the acquisition of The Burgess Group, an innovative payment integrity software company focused on improving healthcare payment operations through a cloud-based technology platform.
  • Warner Music Group in its initial public offering of 77 million shares of Class A common stock at a public offering price of $25.00 per share, representing an approximately $1.925 billion offering.
  • Morgan Stanley Capital Partners in its investment in World 50, a provider of private peer communities for business executives.
  • Blackstone in its acquisition of HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses.
  • Morgan Stanley Capital Partners and Cadence Education in the sale of Cadence Education to Apax Partners.
  • BMO in its acquisition of Clearpool Group, a provider of holistic electronic trading solutions.
  • 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.
  • 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.
  • Clayton, Dubilier & Rice and BrandSafway in the $6.2 billion sale of BrandSafway to Brookfield Business Partners L.P. and CD&R Fund X.
  • Emergent Cold Storage, an Elliott portfolio company, in its sale to Lineage Logistics, the world’s largest refrigerated-storage company by space.
  • Wilsonart, a Clayton, Dubilier & Rice portfolio company, in the $150 million sale of its Asia Business to Aica Kogyo and the Development Bank of Japan.
  • Chubb in the acquisition of Banchile Seguros de Vida and Segchile Seguros Generales from a subsidiary of Quiñenco S.A. and other minority investors.
  • AFP Habitat in its acquisition of Colfondos from Scotiabank and Mercantil Colpatria.
  • Morgan Stanley Private Equity in its acquisition of Impact Fitness, a franchisee of Planet Fitness and formerly a Bain Capital portfolio company.
  • Manna Pro, a manufacturer and marketer of pet care and nutrition products and a Morgan Stanley Capital Partners portfolio company, in its acquisition of Hero Pet Brands.
  • 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.
  • Hamilton Insurance Group in its acquisition of Pembroke Managing Agency and Ironshore Europe DAC from Liberty Mutual.
  • Tribune Media Company in its $7.2 billion sale to Nexstar Media.
  • Nexstar in its acquisition of the television broadcast station KGBT, Harlingen, Texas.
  • Prism, a leading retina surgeon practice, in its sale of a 60% stake to Quad-C Management.
  • Providence Service Corporation and LogistiCare in LogistiCare’s acquisition of Circulation, a provider of technology-enabled logistics solutions and analytics for managing non-emergency transportation across healthcare.
  • Johnson & Johnson in its acquisition of Zarbee's Naturals, a leader in naturally-based healthcare products.
  • Ply Gem and Clayton, Dubilier & Rice in Ply Gem’s $5.5 billion stock-for-stock combination with NCI Building Systems.
  • 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.
  • 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 Electrical Components International, the world’s leading manufacturer of wire harnesses, control boxes and value-added assembly services, from KPS Capital Partners.
  • Morgan Stanley Private Equity in its acquisition of Manna Pro, a leading producer of nutritional supplements and other animal products, from Carlyle.
  • Clayton, Dubilier & Rice in its acquisition of a majority interest in American Greetings.
  • 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 $500 million preferred stock investment in Beacon Roofing Supply’s $2.625 billion acquisition of Allied Building Products.
  • Clayton, Dubilier & Rice in its $650 million acquisition of Capco, FIS’s management consulting business.
  • Apex Fund Services in its sale to Genstar Capital, a leading middle-market private equity firm.
  • Tribune Media Company in its $6.6 billion sale, later terminated, to Sinclair Broadcast Group.
  • Clayton, Dubilier & Rice in the acquisition of Carestream Dental, an industry-leading provider of dental digital product lines and services, from Carestream Health/Onex.
  • 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.
  • Johnson & Johnson in its purchase of an exclusive option to acquire Bird Rock Bio, a clinical stage biopharmaceutical company focused on innovative immuno-inflammatory regulators that can be used in the treatment of liver disease.
  • High Ridge Brands, a leading personal care consumer products company and a Clayton, Dubilier & Rice portfolio company, in the financing aspects of its acquisition of Dr. Fresh.
  • Tribune Media Company in the $560 million sale of Gracenote, a leading entertainment data provider, to the Nielsen Company.
  • Clayton, Dubilier & Rice in its acquisition of Tranzact Holdings, the leading provider of comprehensive, direct-to-consumer sales and marketing solutions for insurance carriers in the U.S., from White Mountains Insurance Group.
  • Morgan Stanley Private Equity in the financing aspects of its acquisition of Cadence Education, a leading provider of early childhood education.
  • Clayton, Dubilier & Rice in its acquisition of a controlling stake in Drive DeVilbiss Healthcare, a leading global manufacturer of medical products.
  • Providence Service Corporation in a strategic partnership with Frazier Healthcare Partners in Matrix Medical Network.
  • American Coastal Insurance Company and its parent, RDX Holding Corp., in its merger with United Insurance Holdings Corp.
  • 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.
  • Sun Life Financial in its $975 million acquisition of Assurant’s Employee Benefits business.
  • Apollo Global Management in its acquisition of a majority interest in the asset management business of AR Capital (subsequently withdrawn), its acquisition of the wholesale distribution business of RCS Capital and its substantial minority equity investment in RCS Capital. (Terminated)
  • Morgan Stanley Private Equity in its acquisition of CoAdvantage, a leading Professional Employer Organization.
  • Envision Healthcare in its $620 million acquisition of Rural/Metro Corporation, the second largest provider of ambulatory services in the U.S.
  • Roofing Supply Group, a Clayton, Dubilier & Rice portfolio company, in its $1.1 billion sale to Beacon Roofing Supply.
  • Clayton, Dubilier & Rice in its acquisition of Roofing Supply Group, a distributor of residential and non-residential roofing materials.
  • Atlas Merchant Capital in a series of preferred stock investments in South Street Securities.
  • 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.
  • Morgan Stanley Private Equity in the $600 million sale of Creative Circle, a leading professional staffing firm specializing in advertising, creative and marketing talent, to NYSE-listed On Assignment for a mix of stock and cash consideration.
  • American International Group in the sale of its Taiwan consumer and SME businesses to Nan Shan Life Insurance in Taiwan.
  • Morgan Stanley Private Equity in its $410 million sale of EmployBridge, a leading provider of outsourced human resource and temporary staffing services, to Select Staffing, an Anchorage Capital backed competitor.
  • Tribune Media Company in the listing of its Class A common stock on the New York Stock Exchange.
  • 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.
  • TIAA-CREF in its $6.25 billion acquisition of Nuveen Investments, a diversified investment management company with $221 billion in assets under management.
  • Forest Laboratories in its $2.9 billion acquisition of Aptalis, a gastrointestinal and cystic fibrosis company, from TPG.
  • Tribune Media Company in its acquisition of Gracenote, the global leader in music technology and metadata, from Sony Corporation of America.
  • 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.
  • Clayton, Dubilier & Rice in its acquisitions of Brand Energy and Harsco Infrastructure in a combined transaction valued at $2.5 billion.
  • Envision Healthcare in its $1.1 billion initial public offering of common stock.
  • Tribune Media Company in its spin-off of Tribune Publishing Company.
  • Tribune Media Company in its $2.7 billion acquisition of Local TV Holdings.
  • Strongwood Insurance Holdings in its sale of Sequoia Insurance Company, Personal Express Insurance Company, Sequoia Indemnity Company and certain other subsidiaries to Amtrust Financial Services.
  • Markel Corporation in its $3.13 billion acquisition of Alterra Capital Holdings, a listed Bermuda reinsurer.
  • Clayton, Dubilier & Rice in its $1.05 billion acquisition of David's Bridal.
  • 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.
  • Ronald Lauder in a series of agreements between Central European Media Enterprises ("CME") and its major shareholders, Time Warner and Ronald Lauder, to enable CME to fund tender offers to purchase up to an aggregate of $300 million of its debt.
  • Access Industries in its $3.3 billion acquisition of Warner Music Group.
  • Schneider Electric in its acquisition of Summit Energy Services, a leader in outsourced energy procurement and sustainability services to industrial, commercial and institutional enterprises.
  • 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 and GS Capital Partners in their acquisition of HGI Holdings from The Jordan Company and members of the Harrington family.
  • Clayton, Dubilier & Rice in its 46% investment in JohnsonDiversey, a transaction valued at $2.6 billion.
  • Ripplewood in its €532 million sale of AEG Power Solutions to Germany1 Acquisition.