Clayton, Dubilier & Rice has announced a definitive agreement to acquire David’s Bridal, Inc., the leading specialty retailer of bridal gown and wedding-related apparel and accessories in North America. Leonard Green & Partners will continue as a minority partner. The transaction values the company at approximately $1.05 billion (more…)
Davis Polk is advising Daikin Industries, Ltd. in connection with its $3.7 billion acquisition of Goodman Global, Inc. from affiliates of Hellman & Friedman LLC. Closing is subject to, among other conditions, receiving competition law approvals in relevant jurisdictions (more…)
Cooley LLP announced today that it advised JSM Acquisition, the 49% owner of the San Diego Padres, in its $800 million sale to an investor group led by former Los Angeles Dodgers owner Walter O’Malley’s four grandsons, Kevin and Peter O’Malley and Tom and Peter Seidler (the “O’Malley/Seidler Group”) (more…)
Simpson Thacher is representing Goodman Global Group, Inc. and its controlling shareholders, investment funds affiliated with Hellman & Friedman LLC, in connection with Goodman Global’s pending $3.7 billion sale to Daikin Industries, Ltd. Goodman Global is a leading North American manufacturer of heating, ventilation and air conditioning products for residential and light commercial use (more…)
Sidley Austin LLP is pleased to announce that Glenn G. Nash is joining the firm in its Palo Alto office as a partner and as Global Co-Head of Sidley’s Technology Transactions practice. Mr. Nash, who is recognized as one of the leading IT and technology transactions lawyers in the world by Chambers Global and The Legal 500 US, brings to this role deep experience in the Internet, digital media, digital marketing, software, hardware, and information technologies industries. He focuses his practice on intellectual property matters and technology transactions, and provides counsel to companies establishing or expanding their business operations domestically and internationally (more…)
The Firm is representing Kohlberg Kravis Roberts & Co. L.P. (“KKR”) and the management of Unisteel Technology International Limited (“Unisteel”) in connection with the sale of Unisteel to SFS intec, a wholly owned subsidiary of SFS Group. The transaction is subject to customary closing conditions and is expected to be completed in the third quarter of 2012. Financial terms were not disclosed (more…)
Kaufman Dolowich Voluck & Gonzo LLP, a nationally recognized law firm, today announced the addition of Tad A. Devlin as a partner in its San Francisco office. He joins KDVG’s Insurance Coverage & Monitoring and Business Litigation practices (more…)
The Orange County office of Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), continues its tremendous growth by welcoming a shareholder, former in-house counsel, and an associate to its Southern California ranks (more…)
Goodwin Procter, a national Am Law 50 firm, announced today that Lawrence M. Chu has joined the firm’s Business Law Department in its Silicon Valley office as a member of Goodwin’s Technology Companies, M&A/Corporate Governance and Private Equity Practices (more…)
Davis Polk advised Sterling Financial Corporation in connection with its SEC-registered secondary offering of 5,738,637 shares of its common stock by the U.S. Department of the Treasury (Treasury) for proceeds of approximately $115 million. Treasury’s initial preferred stock investment in Sterling, made as part of the Troubled Asset Relief Program’s (TARP) Capital Purchase Program (CPP), was exchanged for common stock on August 26, 2010, as part of a larger recapitalization of the company (more…)
O’Melveny & Myers LLP announced today that Mark Easton is rejoining the Firm from Warner Bros. Entertainment Inc. where he served as Deputy General Counsel. Easton will reside in O’Melveny’s Los Angeles office as a partner and a member of the Mergers and Acquisitions Practice Group (more…)
Davis Polk advised El Paso Electric Company in connection with the issuance of an aggregate of $82.5 million of pollution control refunding revenue bonds (more…)
