DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents SAIGroup LLC in its Acquisition of Get Well
July 15, 2024
Read time: 3 min
International law firm McDermott Will & Emery represented SAIGroup LLC (SAIGroup), a California-based private investment firm, in its acquisition of Get Well, a leading digital patient engagement platform which powers more than 10 million annual patient interactions at over 1,000 healthcare organizations.
The McDermott team was led by Kevin J. Sullivan, Ann Marie Brodarick and included Terry Brennan, Brandon Sarkauskas, Jim Nicholas, Dawn Peacock, Matt Perreault, Drew McCormick, Emily Curran, Maggie Houtz, Samm Pearsall, Sam Siegfried, Jeff Holdvogt, Scott Kenkel, Jennifer Mikulina, Tom DaMario and Erin Kansy.
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 solutions that propel success. More than 1,400 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 Soennecken on Acquisition of Erstling
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Soennecken on Acquisition of Erstling
July 15, 2024
Read time: 3 min
Frankfurt, July 15, 2024 – McDermott Will & Emery advised Soennecken eG on the acquisition of Erstling GmbH.
Soennecken eG headquartered in Overath, Germany, is a leading trade co-operation for office and home office products and services in German-speaking countries with over 480 employees. The company also includes the specialist office retailer Ortloff and the IT system house co-operation Nordanex.
Berlin-based Erstling GmbH is a full-service provider of teaching materials, textbooks and school furniture.
McDermott Will & Emery regularly advises Soennecken on transactions.
The McDermott team was led by partner Michael Cziesla and counsel Christian Marzlin and comprised partners Heiko Kermer, Johannes Honzen, Philip Schmidt, Christian Rolf, Steffen Woitz and Ludwig Zesch, and included counsel Marcus Fischer and Laura Stammwitz as well as associates Robert Feind, Fabian Appadoo, Tina Happ, Sönke Wassermann, Romy Lanz and Matthias M. Bosbach.
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McDermott Advises Arago’s Founder and Shareholders on Calcium Capital’s Minority Investment in Arago
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Arago’s Founder and Shareholders on Calcium Capital’s Minority Investment in Arago
July 15, 2024
Read time: 3 min
McDermott Will & Emery advised Arago’s founder Jean-Christophe Péaudeau and shareholders (Yannick Raba and Capitem Partenaires) in connection with the historical shareholders’ (Yannick Raba and Capitem Partenaires) exit and Calcium Capital’s minority investment in Arago, alongside Jean-Christophe Péaudeau, who remains Arago’s majority shareholder.
Founded in 2010 by Jean-Christophe Péaudeau, Arago specialises in the integration, resale, and maintenance of SaaS HRIS solutions as well as expense and business travel management solutions.
The McDermott team comprised:
- Grégoire Andrieux, Herschel Guez, partners, Boris Wolkoff, Margot Rousseau, and Faycal Laraki (associates) on Corporate aspects;
- Côme de Saint-Vincent (counsel) and Armand d’Aboville (associate) on the tax aspects of the transaction.
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 solutions that propel success. More than 1,400 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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Insights and laughter: Schulte alums share their stories with Schulte summers
PRESS RELEASE
Insights and laughter: Schulte alums share their stories with Schulte summers
July 15, 2024
Read time: 3 min
As part of the Schulte Roth & Zabel Summer Program, the firm’s summer associates were treated to a discussion and Q&A with Schulte alums Kate Sullivan, Erin Chizner, Arlene Shaw and Justin Mendelsohn. Moderated by partner and Summer Program co-chair Donna Lazarus, the alum panelists shared candid and often amusing insights and perspectives on their experiences at Schulte and beyond.
Wise guidance from the panelists included:
- “Always worth it to take an extra few minutes to review your work before sending. Think about how you can add value.”
— Erin Chizner, Associate General Counsel, Taconic Capital Advisor - “Be kind, open, present and responsive. It will make you a better associate.”
— Justin Mendelsohn, Head of AML and Sanction, Fidelity Digital Assets - “Network with your classmates, colleagues and people you know. You are rising, and all ships rise together. Your personal group can also help raise your ship.”
— Arlene Shaw, Managing Director, Brightwood Capital - “Get your finances in order. Save! It will give you flexibility in life to be able to take leaps!”
— Kate Sullivan, Compliance Officer, Point72
To learn more about our alums, join the Schulte Alumni Network.
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Kristin Going and Frank Steinherr Named Office Managing Partner of the Year Finalists by The New York Law Journal
AWARDS & RANKINGS / PRESS RELEASE
Kristin Going and Frank Steinherr Named Office Managing Partner of the Year Finalists by The New York Law Journal
July 12, 2024
Read time: 3 min
International law firm McDermott Will & Emery is proud to share Kristin Going and Frank Steinherr have been named finalists in the Office Managing Partner of the Year category as part of The New York Law Journal’s New York Legal Awards 2024.
Kristin and Frank were appointed co-managing partners of McDermott’s New York office in 2022 to drive a strategic growth initiative following the Firm’s move to the One Vanderbilt building. Their approach focuses on being indispensable to clients, maintaining high performance standards, fostering accountability and promoting a collaborative culture rooted in transparency and a Firm-first mindset.
Under their leadership, McDermott’s New York office has seen substantial year-over-year growth in both revenue and headcount, becoming a bustling hub that welcomes thousands of visitors annually. Embracing an #AlwaysBetter mentality, the office has also significantly increased its pro bono legal work, volunteer service and charitable contributions through several partnerships.
“This recognition reflects our collective efforts to create a thriving, innovative environment at McDermott,” said Kristin.
Frank added, “We’re proud of the strides we’ve made and remain focused on our mission to be indispensable to our clients.”
In addition to their shared responsibilities, Kristin and Frank have maintained successful individual practices focused on restructuring and private equity, respectively.
The New York Law Journal honors lawyers and judges who have made a remarkable difference in the legal profession in New York, whether in shaping the law, achieving outsized results for their clients, being an outstanding jurist or assisting those in need of legal services.
You can view the 2024 New York Legal Awards shortlist.
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 solutions that propel success. More than 1,400 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 Antares Capital And Blackstone Credit & Insurance On Financing The Acquisition Of Rimes Technologies
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Antares Capital And Blackstone Credit & Insurance On Financing The Acquisition Of Rimes Technologies
July 12, 2024
Read time: 4 min
International law firm McDermott Will & Emery represented Antares Capital and Blackstone Credit & Insurance, as senior secured lenders, on a unitranche financing in connection with Five Arrows’ acquisition from EQT of Rimes Technologies, a leading enterprise data management as-a-service, ESG, and investment intelligence solutions provider for institutional investors and asset managers, and the related refinancing of existing debt of the target.
Rimes provides transformative enterprise data management solutions to the global investment community. Driven by our passion for solving the most complex data problems, we provide our clients with investment intelligence that powers more than USD 75 trillion in AUM annually. The world’s leading institutional investors, asset managers and service providers rely on Rimes to help them make better investment decisions using accurate information and industry-leading technology. For more information, please visit www.rimes.com.
Founded in 1996, Antares is an experienced and cycle-tested alternative asset manager and a leading provider of financing for PE-backed borrowers. With one of the most seasoned teams in the industry, Antares is focused on delivering attractive risk-adjusted returns for investors and creating long term-value for stakeholders. Antares Capital London Limited is an appointed representative of Langham Hall Fund Management LLP, an entity which is authorized and regulated by the Financial Conduct Authority of the UK.
Blackstone is the world’s largest alternative asset manager. It seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which it invests. It has more than $1 trillion in assets under management include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds.
McDermott’s cross-border team was led by partner Aymen Mahmoud and included counsel Elisa De Carolis and Sarah Gabbai with associates Sophie Rezki and Bethany Drayton. In New York, partner Riley Orloff also advised.
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 solutions that propel success. More than 1,400 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 advised MBO+ and the other shareholders of Groupe LT on the sale of the group to MBO+’s continuation fund
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott advised MBO+ and the other shareholders of Groupe LT on the sale of the group to MBO+’s continuation fund
July 10, 2024
Read time: 3 min
Paris – July 10, 2024 – McDermott Will & Emery advised MBO+ and the other shareholders of Groupe LT on the sale of Groupe LT, a leading national construction equipment rental and transport company, to the MBO+ continuation fund.
The McDermott team comprised :
- Grégoire Andrieux (Partner)
- Maxime Fradet (Counsel)
- Luana Bijaoui (Associate)
On corporate aspects
- Frédéric Pradelles (Partner)
- Mary Hecht (Associate)
On competition law aspects
- Antoine Vergnat (Partner)
- Côme de Saint-Vincent (Counsel)
- Oriane Beauvois (Associate)
On tax aspects
- Pierre-Arnoux Mayoly (Partner)
- Shirin Deyhim (Partner)
- Hugo Lamour 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 and industries to deliver highly effective solutions that propel success. More than 1,400 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 Commended for Litigation Team of the Year at The Lawyer Awards
AWARDS & RANKINGS / PRESS RELEASE
McDermott Commended for Litigation Team of the Year at The Lawyer Awards
June 11, 2024
Read time: 3 min
July 12, 2024 – International law firm McDermott Will & Emery has been commended for Litigation Team of the Year at The Lawyer Awards 2024.
McDermott, together with Addleshaw Goddard, jointly advised Entain plc on its negotiation of a deferred prosecution agreement (DPA) with the Crown Prosecution Service (CPS) and the subsequent approval by the Court of the DPA. It was the first time the CPS has resolved an investigation with a DPA.
The Lawyer Awards honors UK lawyers and powerhouse firms across diverse areas. The judging panel features industry experts from the bar, private practice and in-house sectors – ensuring objective views and benefits from a breadth of expertise across the legal industry.
Read more about the team’s representation of Entain 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 and industries to deliver highly effective solutions that propel success. More than 1,400 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 Main Capital Partners on Take-over of US-based DevOps software provider Flexagon
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Main Capital Partners on Take-over of US-based DevOps software provider Flexagon
July 11, 2024
Read time: 3 min
Düsseldorf, July 11, 2024 – McDermott Will & Emery advises Main Capital Partners on the acquisition of Flexagon, a leading US-based software provider of DevOps solutions for the enterprise sector, including the financing.
Founded in 2014 in Green Bay, Wisconsin, Flexagon is a leading provider of DevOps software for complex enterprise technology environments such as Oracle, SAP, and Salesforce. With approximately 40 employees and a track record of averaging a recurring revenue growth rate of 25% per year.
Main Capital Partners is a leading software investor in the Benelux, DACH, the Nordics, and the United States with approx. EUR 6 billion in assets under management. Operating with 75 employees out of its offices in The Hague, Düsseldorf, Stockholm, Antwerp, and an affiliated office in Boston Main maintains an active portfolio of over 45 software companies.
The McDermott team includes partners Dustin Schwerdtfeger, Christopher Stacker, Jeffrey M. Holdvogt, Gregory M. Weigand, counsel Deepali Doddi as well as associates Yuxin Jin, Scott Kenkel, Eleanor B. Atkins and Melis Solaksubasi.
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McDermott Represents H.I.G. Capital in the Close of $1.3 Billion H.I.G. Europe Realty Partners III
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents H.I.G. Capital in the Close of $1.3 Billion H.I.G. Europe Realty Partners III
July 10, 2024
Read time: 3 min
International law firm McDermott Will & Emery represented H.I.G. Capital (H.I.G.), a leading global alternative asset management firm with $64 billion of capital under management, in the formation of H.I.G. Europe Realty Partners III (the Fund). The Fund closed with aggregate capital commitments of approximately $1.3 billion,[1] significantly above the predecessor’s fund size. The Fund primarily targets value-add investments in the middle market real estate segment in Europe.
The McDermott team was led by partner Ian Schwartz, head of the Firm’s Investment Funds Group, and included partners David Nestler and Lauren Nevidomsky and associates Alissa Cardillo and Matthew Stern. Partners Alex Ruiz and Kevin Hall advised on tax matters, and partner Todd Solomon advised on ERISA matters.
McDermott’s Investment Funds Group is a global leader representing investment fund sponsors and institutional investors providing sophisticated counsel to its clients across the full spectrum of investment fund issues and transactions. The Investment Funds Group is embedded in McDermott’s global private equity practice with lawyers who serve as lead counsel to investment funds and institutional investors through their full lifecycle.
[1] Including separately managed accounts that co-invest alongside the Fund.
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 solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
