DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Quad-C Management in its Investment in U.S. Endodontics Partners
November 10, 2021
Read time: 3 min
International law firm McDermott Will & Emery represented Quad-C Management, a leading middle market private equity firm, in its investment in U.S. Endodontics Partners, LLC, the first and one of the largest endodontics-focused specialty service organizations.
- The transaction was announced on November 9, 2021.
- McDermott Will & Emery served as legal counsel to Quad-C.
- The McDermott team was led by Kristian Werling and Hunter Sharp and included David Ivill and Joe Parise. The McDermott finance team included by Josh Samis and Jared Bryant.
- Read Quad-C’s press release.
McDermott’s private equity practice is among the top four most active PE law firms globally and in the US with more than 160 dedicated private equity lawyers in 21 locations globally. In addition to being Pitchbook’s top Healthcare PE firm for a fourth consecutive year and fifth in both IT and financial services private equity, we are named Energy & Industrials Law Firm of the Year (Large Cap) by The Deal, Top 10 in PE Buyouts by MergerMarket and Top 10 in US Mid-Market by Bloomberg. Learn more about our PE practice by visiting mwe.com/pe.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Advises Ardian on its Acquisition of Group RG
PRESS RELEASE
McDermott Advises Ardian on its Acquisition of Group RG
November 10, 2021
Read time: 3 min
McDermott Will & Emery advised Ardian on its acquisition of Group RG (a leading distributor of personal protective equipment in France) from LBO France, alongside the management team and Latour Capital. The transaction remains subject to approval by antitrust authorities.
With the support of Ardian Expansion and Latour Capital, the management team’s ambition is to continue the Group’s expansion across Europe through external growth. Specifically, the company is keen to expand into Italy, Spain, Germany, Switzerland and Slovakia.
The McDermott team that advised Ardian in Paris comprised:
- Grégoire Andrieux, partner, Edouard Baladès, Marianne Zwobada, and Alexandre Adande, associates, on corporate aspects
- Antoine Vergnat, partner, Côme de Saint-Vincent, Fanny Le Pogam, and Paul-Henry de Laguiche, associates, on tax law aspects
- Pierre-Arnoux Mayoly, partner, Stanislas Chenu and Camille Judas, associates, on banking aspects
- Jilali Maazouz, partner, Abdel Abdellah and Michèle Gueravetian, associates, on employment law aspects
- Romain Perray, partner, Hélène Adda, associate, on data privacy aspects
- Laura Morelli, partner, and Claire Boosz, associate, on intellectual property aspects
The McDermott team that advised Ardian in Italy comprised:
- Ettore Scandale and Emidio Cacciapuoti, partners, Davide Massiglia and Stefano Pardini, associates.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Advises AirSculpt Technologies on $90 Million IPO
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises AirSculpt Technologies on $90 Million IPO
November 8, 2021
Read time: 3 min
International law firm McDermott Will & Emery represented AirSculpt Technologies, Inc. (NASDAQ: AIRS), a national provider of body contouring procedures under its brand Elite Body Sculpture, in its $90 million initial public offering (IPO). Elite Body Sculpture provides custom body contouring using its proprietary AirSculpt® method that removes unwanted fat in a minimally invasive procedure.
The cross-practice McDermott team was led by Tom Conaghan and included Richard Bass, Dan Woodard, Adam Rogers, Joshua Lerner, Alex Farr and Jed Gordon, with assistance from Leigh Ratino, Lindsey Reighard, Sarah Bro, Dana Dombey, Bernard Grondin, Alice Du and Nick Paul.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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Schulte Advised Kerry Dolan on Establishment of Brinley Partners
PRESS RELEASE
Schulte Advised Kerry Dolan on Establishment of Brinley Partners
November 2021
Read time: 3 min
Schulte advised Kerry Dolan, formerly managing director, principal debt and credit investments at PSP Investments, on the establishment of Brinley Partners LP (“Brinley Partners”) with seed-backing by an affiliate of a large Canadian investment manager. In addition to supporting the establishment of Brinley Partners, the seed investor has committed $1.5 billion to Brinley Partners’ first fund and an additional $1.5 billion to a co-investment program, with the authority to incur leverage, providing Brinley Partners with up to $5 billion of investment capacity, if such leverage is incurred, to make investments in senior debt (also referred to as syndicated loans, bank loans, leveraged loans, first lien loans, unitranche loans or middle-market loans), junior debt (second lien, unsecured debt or bonds), or preferred securities, with an opportunistic addition of equity linked investments included in any debt transaction.
The Schulte team advising Kerry Dolan and Brinley Partners was led by investment management partner Stephanie Breslow and special counsel Daniel Daneshrad. The team also included investment management associate Shelby Anderson; tax partner Philippe Benedict and associate Brandi Ripp; employment and employee benefits partner Mark Brossman and special counsel Max Garfield.
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McDermott Named Law Firm of the Year in Healthcare Law
AWARDS & RANKINGS / PRESS RELEASE
McDermott Named Law Firm of the Year in Healthcare Law
November 4, 2021
Read time: 4 min
International law firm McDermott Will & Emery has been named “Law Firm of the Year” in Health Care Law in the 2022 U.S. News & World Report and Best Lawyers® “Best Law Firms” list. U.S News and Best Lawyers also recognized the Firm with Tier 1 metropolitan recognitions: “Health Care Law” in Boston, Chicago, Los Angeles, Miami and Washington, DC, alongside “Litigation – Health Care” in Boston and Los Angeles.
“This is our fourth year of recognition by U.S. News & World Report and Best Lawyers as “Law Firm of the Year” in Health Care Law. It’s an incredible accomplishment that encapsulates our group’s excellence and the trust our clients place in us,” said Eric Zimmerman, global head of McDermott’s Health Practice. “The current global healthcare marketplace is marked by unprecedented change and opportunity, and we pride ourselves on being trusted, knowledgeable and innovative advisors to our clients who turn to McDermott for counsel as they positively transform healthcare.”
The 2022 U.S. News & World Report and Best Lawyers “Best Law Firms” rankings are based on a collection of client and lawyer evaluations, peer review from leading attorneys in the field and review of additional information provided by law firms as part of the formal submission process. Only one law firm can be honored in each category under the “Law Firm of the Year” category and must have at least one lawyer who is recognized in the current edition of Best Lawyers in a “Best Law Firms” ranked practice area or metropolitan area.
In total, McDermott received national rankings for 35 groups (with 23 in Tier 1) and metropolitan rankings for 109 specialties (with 71 in Tier 1). To view the full list of the Firm’s rankings, click here.
McDermott Will & Emery is the nation’s leading health law firm. The Health Industry Advisory group is the only health practice to receive top national rankings from U.S. News – Best Lawyers “Best Law Firms,” Chambers USA, The Legal 500 US and Law360. The practice was also recognized by Chambers as “Health Team of the Year” in 2010, 2013, 2017 and 2019. McDermott has held the top spot in PitchBook’s League Tables as the most active firm for healthcare private equity since 2017.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Advises Ardian on the Acquisition of a Stake in Strategie Media Conseil
PRESS RELEASE
McDermott Advises Ardian on the Acquisition of a Stake in Strategie Media Conseil
November 4, 2021
Read time: 3 min
McDermott & Will Emery advised Ardian, a leading global private equity firm, on its acquisition of a minority stake in Strategie Media Conseil, a digital platform for luxury real estate listings and intermediary properties, via the websites Résidences Immobilier and Maisons & Appartements.
Founded in 1994 by Jean-Pierre Cohen and Eric Bernt, the Stratégie Media Conseil (SMC) group is now one of the leading digital real estate advertising platforms in France, putting future owners or tenants in touch with nearly 2,000 real estate agencies. SMC has nearly 50 employees.
Initially a real estate press publisher and active in the Côte d’Azur region, the group has taken a digital turn by proposing an offer adapted to the evolution of its clients’ business and to the market’s expectations. SMC has also initiated the duplication of its model in new strategic regions thanks to its Salesforce and its proprietary software tools.
Ardian Growth’s acquisition of a stake in the group will enable SMC to expand in the French market by broadening its service offering and its geographical reach, thereby strengthening its position as the leader in online real estate listings for luxury and intermediate properties. To this end, the group will be able to draw on Ardian Growth’s technological and sector expertise, its global presence and its network of entrepreneurs.
The McDermott team that advised Ardian comprised:
- Diana Hund, partner, Fanny Rech and Marianne Zwobada, associates, on corporate aspects,
- Antoine Vergnat, partner, Côme de Saint Vincent and Matthieu Rannou, associates, on tax aspects,
- Pierre-Arnoux Mayoly, partner, Shirin Deyhim and Clarisse De Roux, associates, on financing aspects.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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Schulte Serves as Pro Bono counsel in Lawsuit Challenging Oklahoma Classroom Censorship Bill Banning Race and Gender Discourse
PRESS RELEASE
Schulte Serves as Pro Bono counsel in Lawsuit Challenging Oklahoma Classroom Censorship Bill Banning Race and Gender Discourse
October 2021
Read time: 8 min
OKLAHOMA CITY — A multiracial group of students and educators filed a lawsuit today challenging an Oklahoma classroom censorship bill, HB 1775, which severely restricts public school teachers and students from learning and talking about race and gender in the classroom.
The lawsuit was filed by the American Civil Liberties Union, ACLU of Oklahoma, the Lawyers Committee for Civil Rights Under Law, and pro bono counsel Schulte Roth & Zabel LLP on behalf of plaintiffs the Black Emergency Response Team (BERT); the University of Oklahoma Chapter of the American Association of University Professors (OU-AAUP); the Oklahoma State Conference of the National Association for the Advancement of Colored People (NAACP-OK); the American Indian Movement (AIM) Indian Territory on behalf of itself and its members who are public school students and teachers, a high school student, and Oklahoma public high school teachers Anthony Crawford and Regan Killackey.
Oklahoma is one of eight states across the country that have passed similar laws aimed at censoring discussions around race and gender in the classroom, and this is the first federal lawsuit facially challenging one of these statewide bans. The lawsuit argues HB 1775 not only chills students’ and educators’ First Amendment right to learn and talk about these issues, but it also prevents students from having an open and complete dialogue about American history — one that includes the experiences and viewpoints of all historically marginalized communities in this country.
“All young people deserve to learn an inclusive and accurate history in schools, free from censorship or discrimination,” said Emerson Sykes, staff attorney with the ACLU Speech, Privacy, and Technology Project. “HB 1775 is so poorly drafted — in places it is literally indecipherable — that districts and teachers have no way of knowing what concepts and ideas are prohibited. The bill was intended to inflame a political reaction, not further a legitimate educational interest. These infirmities in the law are all the more troubling because the bill applies to public colleges and universities, where the First Amendment is especially protective of academic freedom.”
“H.B. 1775 is an unvarnished attempt to silence the experiences and perspectives of Black, Indigenous, and LGBTQ+ people, and other groups who have long faced exclusion and marginalization in our institutions, including in our schools,” said Genevieve Bonadies Torres, associate director of the Educational Opportunities Project with the Lawyers’ Committee for Civil Rights Under Law. “The law directly violates the Fourteenth Amendment’s command that governmental actors do not engage in racial discrimination. Every student in Oklahoma deserves an equitable education that reflects the rich diversity of the state and provides a full, fact-based discussion of the state’s checkered history of racism, sexism, discrimination.”
The Oklahoma bill’s lead authors in the state House and Senate declared the bill’s intent was to prohibit conversations related to “implicit bias,” “systemic racism” and “intersectionality,” among other concepts. The “banned concepts” were directly excerpted from President Donald Trump’s failed Executive Order 13950 that similarly sought to restrict speech of government contractors. The lawsuit argues HB 1775 is an unlawful restraint on freedom of expression by silencing students’ and educators’ speech through its vague and overbroad terms. It also intentionally targets and denies access to equitable, culturally relevant teaching and ideas that reflect the history and lived experiences of Black, Indigenous, and other people of color; women and girls; and LGBTQ+ students.
“The Black Emergency Response Team (BERT) is a collective comprised of Black student leaders whose mission is to confront racism and various oppressive structures, including this bill that is a direct attack on the education experience of the Black community specifically, and marginalized communities at large on campus,” said Lilly Amechi, plaintiff and representative for BERT. “We believe all students deserve to have a free and open exchange about our history — not one that erases the legacy of discrimination and lived experiences of Black and Brown people, women and girls, and LGBTQ+ individuals.”
As a result of the bill’s passage, school districts in Oklahoma have instructed teachers to no longer use certain terms, including “diversity” and “white privilege” in their classrooms, and have removed seminal works of literature such as “To Kill a Mockingbird” and “Raisin in the Sun” from its list of “anchor texts.” Multiple Oklahoma public schools have also scaled back or eliminated their diversity, equity, and inclusion trainings for teachers and strategic plans. Plaintiff Regan Killackey was instructed to avoid certain concepts, phrases, and books in his curriculum related to race and is no longer able to lead his students in educational conversations about race and gender.
“As someone who has experienced an incredibly privileged teaching career in Edmond, I am acutely aware of the need this community, and all communities, have for healthy analysis, critical conversations, and effective communication,” said Regan Killacky, Edmond Public Schools teacher. “H.B. 1775 limits my ability to teach an inclusive and complete history within the walls of my classroom, ultimately restricting the exact type of learning environment all young people deserve — one free from censorship or discrimination.”
The ability for educators and students to have honest conversations around race, gender, and our country’s history in schools carry particular importance in Oklahoma, whose history includes the 1889 Land Runs, “Indian” boarding schools, the 1921 Tulsa Massacre, and racially segregated schools.
“Education is a tool of empowerment put to its highest use when teachers and students are afforded the full scope of their constitutional rights to engage in comprehensive, meaningful, and sometimes difficult conversations,” said Megan Lambert, ACLU of Oklahoma legal director. “HB 1775 is a direct affront to the constitutional rights of teachers and students across Oklahoma by restricting conversations around race and gender at all levels of education. We bring this case to vindicate the rights of Oklahoma teachers and students and to protect the integrity of our educational institutions.”
The groups are asking the court to declare the bill unconstitutional under the First and 14th Amendments and are urging the court to issue a preliminary injunction that would put an immediate stop to the bill and immediately allow students and educators to have full and truthful discussions around race and gender in the classroom.
Below are additional comments from:
Anthony R. Douglas, president of the Oklahoma State Conference NAACP: “H.B. 1775 censors and chills the way Oklahoma teachers and students discuss fraught topics in state and U.S. history, particularly regarding racial mistreatment and injustice. Educators cannot adequately teach students about the 1921 Tulsa Race Massacre, the Trail of Tears, the Civil War, World War II, the Holocaust, or any other cultural issue throughout U.S. history by silencing courageous classroom conversations that depict a more inclusive perspective of U.S. History.”
Mary Topaum, director of the American Indian Movement Indian Territory: “Denying Oklahoma students access to a diversity of experience and ideas that includes Indigenous perspectives inhibits future generations from developing the cross-cultural understanding, compassion, and mutual respect that is necessary to build bridges and thrive in our increasingly diverse state. H.B. 1775 seeks to further sanitize the few voices of historically marginalized communities that exist within the curricula and to discourage students and educators from engaging in courageous and urgently needed conversations around race, inequity, and systemic oppression.”
Michael Givel, OU-AAUP president: “The wording of this H.B. 1775 directly curtails academic freedom in public universities in Oklahoma. It has a chilling effect on academic freedom as it can and has purposely targeted Oklahoma public school teachers and administrators from imparting a complete history in our schools, free from censorship or discrimination. Curriculum decisions and what is taught in a college classroom for the promotion of a balanced education is unequivocally protected from outside political requirements and interference. University professors are not sock puppets for the biased ideological agendas of elected politicians.”
Sara Solfanelli, special counsel for pro bono initiatives, Schulte Roth & Zabel: “Schulte Roth & Zabel is proud to partner with the ACLU, ACLU-OK, and Lawyers’ Committee to defend academic freedom, protect the fundamental right of students to learn, and ensure that schools have the freedom to create an inclusive curriculum and environment. The state-sanctioned censorship that H.B. 1775 represents was wrong a century ago when directed against the teaching of evolution, and it is just as wrong today.”
This lawsuit was filed in the United States District Court for the Western District of Oklahoma.
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McDermott Advises Team Focus Insurance Group in its Sale to Peak6 InsurTech
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Team Focus Insurance Group in its Sale to Peak6 InsurTech
November 3, 2021
Read time: 3 min
International law firm McDermott Will & Emery represented Team Focus Insurance Group, a property and casualty insurance firm with eight subsidiary businesses and almost 400 professionals, in its sale to PEAK6 InsurTech, a subsidiary of Chicago-based financial technology business PEAK6. The transaction was completed on October 31, 2021.
- McDermott Will & Emery LLP served as legal counsel to Team Focus.
- The McDermott team was led by Michael Halsband, Robert Clagg and Smith Alpert. It included H. Michael Byrne, Erin Turley, John Lutz, Theresa Fitzgerald, Michael Huttenlocher, Jennifer Mikulina, Sam Neel, Amy Pimentel, Michelle Strowhiro, Maria Rodriguez, Daniel Doron, Brian Ingram and Jordan Wampler.
- Read the deal press release here.
McDermott’s insurance group has extensive experience providing advice across a broad range of transactional and regulatory matters and dispute resolution. Our cross-border team brings together practitioners from several practice areas – transactions, regulatory, litigation, tax and privacy – to deliver seamless, one-stop shop advice to our clients, no matter where they do business. Learn more about our insurance practice by visiting online here.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Appoints Nine Partners and Counsel in Germany
PRESS RELEASE
McDermott Appoints Nine Partners and Counsel in Germany
November 2, 2021
Read time: 3 min
Frankfurt a.M. – November 2, 2021 – International law firm McDermott Will & Emery has appointed 51 attorneys worldwide as partners and counsel effective January 1, 2022.
In the Germany, a total of eight lawyers and one tax advisor will continue their work for McDermott in their new roles from January 1, 2022.
“We are very pleased to be able to continue our growth across all German offices with these dedicated and successful colleagues,” said Dr. Jens Ortmanns, Managing Partner of McDermott Germany. “Our new partners and counsel have played a key role in many of the firm’s most important mandates over the past few years, delivering outstanding professional performance, demonstrating a high level of personal commitment and showing a wide range of dedication to the firm. They are all outstanding ambassadors for McDermott and will be instrumental in shaping the firm’s continued development in the years ahead.”
McDermott extends its sincere congratulations to:
- Carina Kant (Antitrust, Cologne)
- Renate Prinz (Corporate/M&A, Cologne)
- Stefanie Soltwedel (Dispute Resolution, Düsseldorf)
- Sebastian Bonk (Corporate/M&A, Düsseldorf)
- Matthias Distler (Dispute Resolution, Düsseldorf)
- Dr. Richard Gräbener (Intellectual Property and Litigation, Munich)
- Dr. Florian Schiefer StB (Tax Law, Frankfurt)
- Dr. Benedikt Schulz (Restructuring, Düsseldorf)
- Dr. Deniz Tschammler (Health Care and Life Sciences, Frankfurt/Munich)
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott Advises Egle Therapeutics and its Managers on its €40 Million Series A Financing Round
PRESS RELEASE
McDermott Advises Egle Therapeutics and its Managers on its €40 Million Series A Financing Round
November 2, 2021
Read time: 3 min
McDermott Will & Emery advised Egle Therapeutics which is a spin off of Institut Curie, an emerging biotechnology company focused on developing first-in class immunotherapies targeting immune suppressor regulatory T-cells (Tregs) for oncology and autoimmune diseases, on its €40 million Series A financing round.
The round has been co-led by a pool of investors including LSP and BPI. Fund+, BioQube and Takeda Ventures, Inc. also participated in the round.
The new capital will be used primarily to advance the 2 lead assets into clinics, and further strengthen the internal drug pipeline.
The McDermott team who advised Egle Therapeutics and its managers comprised:
- Emmanuelle Trombe & Anne-France Moreau, partners, and Ludivine Rabreau, associate
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
