Jay M. Ptashek, P.C.
Overview
Jay Ptashek is 'a force to be reckoned with,' and 'a strong advocate for his clients.'
- Chambers Global
Known as one of the most experienced finance lawyers in the nation, Jay Ptashek represents private equity firms, their portfolio companies, and corporate borrowers on both acquisition finance and corporate finance transactions. With a broad and diverse practice serving a wide spectrum of clients, Jay also advises on debt restructuring and capital structure management matters.
Jay has earned a reputation for bringing the full breadth of market knowledge in structuring, negotiating and implementing financing arrangements for Kirkland’s clients in matters across the U.S., Europe and Asia. He has been recognized every year since 2012 in Chambers Global and every year since 2010 in Chambers USA, which described him as “a strong leader and superb lawyer” and stated “he is excellent and provides good guidance.” The Legal 500 US recognized Jay as a hall of fame lawyer, and IFLR1000 has named him a “Market Leader” in Banking since 2018.
Jay collaborates closely with his colleagues to provide clients with the Firm’s collective knowledge and resources, which helps drive favorable economic and operating outcomes.
Outside of his legal practice, Jay is passionate about the arts. He serves on the national council of the board of directors for the University Musical Society, one of the oldest performing arts presenters in the U.S., which is housed on the University of Michigan campus.
Experience
Representative Matters
3G Capital on the financing for the acquisition of a controlling interest in Hunter Douglas from Ralph Sonnenberg for an enterprise value of approximately $7.1 billion;
Investor group led by Advent International Corporation and Permira Advisers LLC, on the debt and preferred equity financing for the acquisition of McAfee Corp. for over $14 billion;
Form Technologies, Inc. in a $1.2 billion comprehensive recapitalization and debt exchange transaction;
United Airlines on the financing for their $5 billion funding from the U.S. Treasury under the CARES Act Payroll Support Program;
Partners Group on the financing for their acquisition of EyeCare Partners;
Marriott Vacations Worldwide on the financing for their acquisition of ILG, Inc.;
Cerberus on the financing for their acquisition of SubCom, Inc.;
Pamplona on the financing for their acquisition of Parexel, Inc.;
Apax Funds on the financing for their acquisition of ThoughtWorks, Inc.;
Blackstone on the financing for their $4.8 billion acquisition of Aon plc's technology-enabled benefits and HR platform;
Advent International on the financing for their acquisition of CCC Information Services Inc.;
Partners Group on the financing for their pending acquisition of EyeCare Partners;
Blackstone on the financing for their acquisition of TeamHealth;
Cinven on the financing for their acquisition of BioClinica, Inc.;
Advent International on the financing for their acquisition of Fort Dearborn Company;
Advent International on the financing for their investment in inVentiv Health, Inc.;
3G Capital and H.J. Heinz Company on the financing for the merger of Heinz with Kraft Foods Group, Inc.;
Apax Partners on the financing for their acquisition of FullBeauty;
Apax Partners on the financing for their acquisition of Quality Distribution;
Ontario Teachers' Pension Plan on the financing for their acquisition of Infiltrator Water Technologies LLC;
Restaurant Brands International on the financings for their acquisition of Tim Hortons Inc. and Popeye’s, Inc.;
Ontario Teachers' Pension Plan on the financing for their acquisition of Bridon Limited;
Travelport on their 2014 refinancing facilities;
The Blackstone Group and Vine Oil & Gas LP on the financing for their acquisition of the Haynesville assets of SWEPI LP and Shell Gulf of Mexico Inc., affiliates of Royal Dutch Shell plc;
The Blackstone Group on the financing for their acquisition of Ipreo Holdings;
Apax Partners on the financing for their acquisitions of One Call Care Management and Align Networks;
Thomas H. Lee Partners on the financing for their acquisition of Phillips Pet Food and Supplies;
Apax Partners on the financing for their acquisition of Global Logic; and
A consortium led by 3G Capital on the financing for its acquisition of Heinz.
Prior Experience
Partner
Simpson Thacher & Bartlett LLP
2001–2009
Associate
Simpson Thacher & Bartlett LLP
1992–2001
More
Thought Leadership
Publications
Private Equity Investments in Portfolio Company Debt: An Overview of Legal Issues, 2009
Seminars
Financing Panel, Private Equity Transactions Symposium 2015, November 12, 2015
Credentials
Admissions & Qualifications
- 1993New York
Education
- New York University School of LawJ.D.cum laude1992
- University of MichiganB.B.A.with High Distinction1989Phi Beta Kappa
News &
Insights
- Press Release Kirkland Advises Advent International on $6.3 Billion Acquisition of Nuvei
- Press Release Kirkland Represents Novo Holdings on Acquisition of Medical Knowledge Group
- Press Release Kirkland Represents 3G Capital on Financing for $7.1 Billion Acquisition of Controlling Interest in Hunter Douglas
- Press Release Kirkland Represents an Investor Group Led by Advent International and Permira Advisors on Financing for Acquisition of McAfee for Over $14 Billion
- Press Release Kirkland Represents Apax Funds on Acquisition of SavATree