Peter Martelli, P.C.

Private Equity Highlights

• Blackstone:
  • in its investment in Citrin Cooperman
  • in its investment in Chartis
  • in its $6.1 billion acquisition of TeamHealth
  • in its $1.2 billion sale of Cloverleaf Cold Storage to Americold Realty Trust
  • in its $4.8 billion acquisition of Aon plc’s technology- enabled benefits and HR platform
  • Blackstone in multiple other acquisitions, investments and divestitures, including Alight Solutions, Alliant Insurance, AVINTIV, Biomet, Catalent, Center For Autism and Related Disorders, Crocs, Extended Stay, GCA Services, Interior Logic Group, MB Aerospace, Outerstuff, SESAC, SeaWorld, Stiefel Laboratories, 2GIG Technologies and Vivint
• A next generation media company backed by Kevin Mayer, Tom Staggs and Blackstone in the acquisition of Moonbug Entertainment
• Hellman & Friedman in its $10.2 billion acquisition of Zendesk
• A consortium led by CC Capital in its $6.9 billion acquisition of Dun & Bradstreet
• BC Partners:
  • in its $2.1 billion acquisition of Presidio, Inc. and subsequent sale to CD&R
  • in connection with Apollo’s strategic investment in PetSmart
  • acquisition of Women’s Care Enterprises (WCE)
• Gamut Capital:
  • in its acquisition of Airtron Heating & Air Conditioning from NRG Energy
  • in its investment in Hoffmaster Group
  • in its acquisition of Davis-Standard and subsequent add-on acquisiton of the Extrusion Technology Group
  • in its $245 million acquisition of Grede
• Centerbridge Partners:
  • in its acquisition of Community Psychiatry and subsequent acquisition of MindPath Care Centers
  • in its majority equity investment in Syncapay
  • its sale of Reddy Ice Corporation to Stone Canyon Industries Holdings
• 26North Partners:
  • in its acquisition of Onelife Fitness
  • in its acquisition of ArchKey Solutions
• Bay Pine:
  • in its acquisition of Pinnacle Dermatology
  • in its acquisition of NTB and Tire Kingdom businesses from TBC
  • in its acquisition of Mavis Tire Express Services
• Parexel and Pamplona Capital Management in the sale of Parexel to EQT and Goldman Sachs Asset Management for $8.5 billion
• Pamplona Capital Management in its $5 billion acquisition of Parexel
• Carlyle in its acquisition of Churchill Financial LLC from Olympus Partners

Strategic M&A Highlights

• Alight Solutions in its $7.3 billion business combination agreement with Foley Trasimene Acquisition Corp., a SPAC
• General Motors in connection with a series of transactions involving GM Cruise, GM’s autonomous vehicle (AV) business, including:
  • $2.25 billion investment from the SoftBank Vision Fund (at a $11.5 billion valuation)
  • $2.8 billion investment from Honda (at a $14.6 billion valuation)
  • $1.15 billion investment from a group comprising institutional investors, including funds and accounts advised by T. Rowe Price Associates, Inc., and existing partners General Motors,
  • SoftBank Vision Fund and Honda (at a $19 billion valuation)
  • $2 billion investment from Microsoft (at a $30 billion valuation)
• The Chrysler Finance Committee in connection with the exercise by Fiat of an option to acquire an incremental ownership interest in Chrysler Group and the repayment of loans from the U.S. and Canadian governments
• Northwest Airlines Corporation in its merger with Delta Airlines in a transaction valued at $17.7 billion
• United Airlines in its $5 billion funding from the U.S. Treasury under the CARES Act Payroll Support Program
• Universal Music Group:
  • in its subsidiary Virgin Music Group’s pending $775 million acquisition of Downtown Music Holdings
  • in its $240 million investment in Chord Music Partners
• The Scripps family in connection with the $14.6 billion sale of Scripps Networks Interactive to Discovery Communications
• The Scripps family in the merger of E.W. Scripps broadcast operations with Journal Communications and spin-off and then merger of their newspapers, creating two separately traded public companies
• Sirius Satellite Radio in its merger of equals with XM Satellite Radio in a transaction valued at $13 billion
• Sirius XM in its acquisition of the connected vehicle services unit of Agero
• Sirius XM in connection with the investment in it by Liberty Media and the related refinancing transactions
• Intelsat S.A. and certain of its affiliates in connection with their Chapter 11 cases involving approximately $14.7 billion in funded debt
• Intelsat on Acquisition of Commercial Aviation Business of Gogo
• GoHealth in its acquisition of e-TeleQuote
• Cloverleaf Cold Storage on its merger with Zero Mountain
• WellPoint in its merger with Anthem in a transaction valued at $16 billion
• Ingersoll Rand on its binding offer to acquire Precision Flow Systems from funds advised by BC Partners and Carlyle
• Ingersoll Rand in the acquisition of the Centrifugal Compression Division of Cameron International Corporation
• Ingersoll Rand in the spin-off of its commercial and residential security businesses
• Chase in its merger with J.P. Morgan in a transaction valued at $36 billion
• LPL Holdings in its sale to TPG and Hellman & Friedman
• Ameriprise Financial in its acquisition of the long-term asset management business of Columbia Management from Bank of America
• Lehman Brothers in the sale of substantially all of the North American investment banking and capital markets businesses to Barclays Capital

*Transactions prior to May 31, 2016 were completed prior to joining Kirkland.

Partner, Simpson Thacher & Bartlett