Pillsbury's attorneys have deep experience advising both private equity sponsors and operating companies on a range of market-leading transactions.
Sponsor-side
- Atalaya Capital Management in numerous matters, including with respect to its investments in Communications Tower Group, Torrecom and the sale of Veritas Finance to White Oak Commercial Finance.
- Apollo Aviation Management (D/B/A Carlyle Aviation Partners) in the acquisition of a leasing company that owns 18 aircraft from AIG.
- Oz Management in its acquisition of shares of Spotify Technology S.A.
- F. Lehman & Company in its acquisition of Waste Control Specialists LLC.
- Oaktree Capital Management and World Star Aviation in its acquisition and financing of 18 airplanes from Investec.
- KKR & Co. L.P. in numerous matters, including the $2.4 billion acquisition of Sedgwick, the acquisition of Alliant Insurance Services from The Blackstone Group and the acquisition of Internet Brands from Hellman & Friedman and JMI Equity.
- Leonard Green & Partners in numerous matters, including the $3 billion acquisition, along with TPG Capital, of J. Crew, the $1.6 billion acquisition of Jo-Ann Stores and the $225 million acquisition of Lucky Brand Jeans.
- Odyssey Investment Partners in numerous matters, including the acquisition of Pexco LLC, the $496 million sale of Pexco Aerospace to TransDigm Group Incorporated, the sale of Pexco to affiliates of Kohlberg & Co. and the sale of Duravant to Warburg Pincus.
- Cartesian Capital in numerous matters, including with respect to its investments in GrupoTorreSur, Network Management Services and BTS Torres.
- AlpInvest Partners, The Blackstone Group, The Carlyle Group, Hellman & Friedman, Kohlberg Kravis Roberts & Co. and Thomas H. Lee Partners in the €8.7 billion acquisition of VNU NV.
- Macquarie Infrastructure Partners on numerous acquisitions and dispositions, including the sale of the Chicago Skyway to a consortium of investors comprising CPPIB, OMERS and OTPP for $2.8 billion and in the $7.2 billion acquisition of Puget Energy.
- CVC Capital Partners on numerous transactions, including in connection with the acquisition by CVC and CPPIB of Petco from a consortium of investors led by TPG Capital and Leonard Green & Partners for $4.6 billion.
- ADIA on its co-investment in Blackhawk Networks, in connection with the Silver Lake Partners-led acquisition of Blackhawk Network Holdings for $3.5 billion.
- CCMP Capital Advisors LLC and PQ Corporation in the $1.515 billion sale of Niagara Holdings and PQ Corporation to The Carlyle Group.
- Evergreen Coast Capital, the private equity arm of Elliott Management Corporation, in connection with the take-private acquisition of Gigamon Inc. (NYSE: GIMO) by Evergreen and Qatar Investment Authority for approximately $1.6 billion.
- Littlejohn & Co. on numerous acquisitions and dispositions, including its sale of Newgistics to Pitney Bowes Inc. (NYSE: PBI) for $475 million.
- Harvest Partners SCF LP in its $250 million investment in OTG Management.
- Hudson Clean Energy Partners LP as majority shareholder of Calisolar Inc., in Calisolar’s stock-for-stock acquisition of 6N Silicon Inc., including a follow-on investment in Calisolar.
- Cortec Group Fund V L.P. in its acquisition of all the capital stock of Barcodes Group, Inc.
- Energy Capital Partners as a member of the acquisition consortium in connection with the $31.8 billion buyout of TXU Corporation.
- Brookfield Business Partners L.P. as nuclear regulatory counsel in its $4.6 billion acquisition of Westinghouse Electric Company.
- LS Power Equity Partners in numerous matters, including its $1.5 billion acquisition of power generation assets from, and termination of joint venture with, Dynegy Inc., the $1.54 billion acquisition of Duke Energy North America’s fleet of power generation assets, and numerous acquisitions and dispositions of power generation assets and portfolios.
- One Equity Partners in its global separation from JPMorgan and the sale of a portfolio of legacy assets to Lexington Partners and AlpInvest.
- Financial investor in an investment in a multi-billion dollar U.S.-based financial services company.
- Stone Point Capital and Cunningham Lindsey in the acquisition of the loss adjustment business of GAB Robins.
- The D. E. Shaw Group in connection with its potential acquisition of a media business from the Carlyle Group.
- AIF Capital in connection with the going-private transaction of Charm Communications, a Nasdaq-listed media business.
- Consortium of funds in connection with acquisition of limited partner interests in private funds in secondary transaction.
- Capital Group in connection with its investments in the pharmaceuticals and consumer retail sectors.
Company-side
- HOYA Corporation as a consortium member in connection with Bain Capital’s $17.8 billion acquisition of Toshiba’s Flash Memory Chip Business.
- ORIX Aviation on its $2.2 billion purchase of a 30 percent stake in Avolon Holdings Ltd.
- ComplySci on a strategic investment in the company from Vista Equity Partners.
- Netskope in its $340 million investment by Sequoia Capital Global Equities.
- Social Tables Inc. in its sale to Cvent Inc., a portfolio company of Vista Equity Partners.
- OANDA Global Corporation in its acquisition by a wholly owned subsidiary of CVC Capital Partners.
- Bizness Apps Inc. in its acquisition by Think3, a $1 billion private equity fund designed to enable SaaS.
- Parsons on its acquisition of Polaris Alpha, an advanced technology-focused provider of innovative mission solutions, from Arlington Capital Partners.
- Dependable Global Solutions (DGS) in its acquisition by Integrity Applications Incorporated (IAI), a portfolio company of Arlington Capital Partners.
- Sabre Holdings in the $5 billion take-private sale to TPG Capital and Silver Lake Partners.
- 8minutenergy Renewables LLC in the joint venture with J.P. Morgan Asset Management and an affiliate of Upper Bay Infrastructure Partners.
- UltraV Holdings LLC in its acquisition of substantially all of the assets and certain assumed liabilities of Relativity Holdings LLC and certain of its subsidiaries out of bankruptcy pursuant to a credit bid. UltraV is a joint venture between funds managed by Sound Point Capital Management and RMRM Holdings.
- Financial institution in the acquisition of a portfolio of financial technology assets from a private investment fund.
- AT&T in connection with investments in venture capital funds.
- Alibaba Group in its sale of a US$1.6 billion stake to investors including Silver Lake Partners, DST Global and Temasek.
Fund-driven M&A and Select Fund Formation
- CalPERS in its $2.7 billion sale of limited partner interests in 43 real estate investment partnerships.
- Large global investment adviser in connection with private equity, venture capital and opportunistic direct investments and co-investments with top-tier sponsors.
- Asia Alternatives Management LLC in its private equity joint venture with Franklin Templeton, through which the two companies created Franklin Templeton Private Equity (FTPE) to provide investors with bespoke global private equity fund-of-funds solutions.
- Global alternative asset manager and a global operating company in the creation of a new joint venture asset management business.
- HarbourVest Partners in connection with numerous co-investments and secondary investment transactions.
- Multi-billion dollar family office in its investment arrangements with a private equity and venture capital sponsor.
- Sovereign wealth fund in its investment in the general partner of a global private equity sponsor.
- CHL Medical Partners regarding formation of four venture capital funds, including one Sharia-compliant fund.
- New Era Ventures in connection with an investment fund formation matter.
- Schroders in connection with an investment fund formation matter.