Private Equity and Venture Capital

"Outstanding service." "Very responsive with lots of talented people."

– Chambers USA 2012

BakerHostetler’s Private Capital team is known for getting the deal done, cost-effectively and in a timely fashion. Dealmakers, not deal-breakers, we know how to focus on essentials when negotiating transactions.

Drawing on the experience of nearly 200 business attorneys in 14 offices, we quarterback deal teams of colleagues specializing in areas such as taxation, real estate, ERISA, and environmental law, collaborating seamlessly and avoiding "team creep."

Our team represents venture capital and private equity funds, as well as portfolio companies and growth-oriented businesses. We maintain deep, long-term client relationships on both sides of the fence, maneuvering our investment fund clients through the full life cycle of their capital raising, investment and allocation activities, while helping middle market and portfolio companies execute their growth strategies.

We guide our investment fund clients through multiple rounds of investments and portfolio acquisitions, providing counsel for exit strategies, including recapitalizations, IPOs, and private sales. For private and public companies, we serve as acquisition counsel, negotiate strategic partnerships, and assist in management structures and incentive compensation programs, all with a keen eye to liquidity targets.

In our transactional work, our focus on the end game wins us the respect of people on the other side of the table, and our clients appreciate the climate of trust that we seek to foster. We consequently have the opportunity to work with clients through many transactions and phases of their development, as the representative cases below illustrate.

In a fast-changing corporate environment, we help our clients meet new regulatory and tax challenges and, when appropriate, take advantage of innovations in deal structure, such as the use of representation and warranty insurance and the structuring of co-investment transactions with multiple buyers.

Select Experience

  • Represented Blue Point Capital Partners in its acquisition of a new portfolio company, Hilsinger Holdings, from PNC Equity Partners. Hilsinger is a leading designer, manufacturer and distributor of eyewear and eye care accessories, supplies and equipment. Blue Point’s investment in Hilsinger is focused on optimizing its operations and supply chain while supporting opportunities for growth. Hilsinger is headquartered in Plainville, MA, and has additional operations in North America, Europe and Australia.
  • Represented Cyprium Investment Partners LLC and the other stockholders in its sale of Alpha Sintered Metals and ASM Cayman to O2 Investment Partners for an undisclosed amount. Alpha Sintered Metals makes powdered metal components and O2 said in the release that Alpha Sintered Metals will be a platform for developing or acquiring additional businesses in the powdered metal component sectors.
  • Represented Sterling Partners, a Chicago-based private equity firm, in the sale of its portfolio company, Cornerstone Records Management, to Iron Mountain. Prior to the sale, we represented Cornerstone in more than 20 add-on acquisitions and general day-to-day corporate matters.
  • Represented Morgenthaler Private Equity, the Boston and Cleveland-based private equity team focused on lower middle-market buyouts, in its sale of Enginetics Corporation, a manufacturer of aircraft engine components, to Standex International Corporation for $55.2 million.
More »

Professionals

Name Title Office Email
Albert T. Adams Partner Cleveland
John J. Allotta Partner Cleveland
Jeffrey P. Berg Partner Los Angeles
Joseph P. Boeckman Partner Columbus
Barry A. Brust Counsel Los Angeles
Jonathan P. Cramer Partner New York
Jeffrey E. Decker Partner Orlando
Dustin A. Frazier Associate Columbus
Jaclyn B. Freeman Associate Denver
Lars H. Fuller Counsel Denver
Steven H. Goldberg Partner New York
Matthew D. Graban Partner Cleveland
W. Ashley Hess Partner Cincinnati
Randolf W. Katz Partner Costa Mesa
Brandon E. Kepple Counsel Orlando
Parker A. Lee Associate New York
Melissa A. Leonard Partner Cleveland
Bryce D. Linsenmayer Partner Houston
Dominic A. Lloyd Partner Denver
Laurence S. Markowitz Partner New York
Henry P. Montgomery Partner Columbus
John M. Murray Associate Cleveland
Aaron A. O'Brien Associate Cleveland
Matthew Oliver Associate Cleveland
Stephanie A. Osterman Associate Denver
Jorian L. Rose Partner New York
Paul M. Schmidt Partner Washington, D.C.
W. Robert Shearer Partner Houston
Adam R. Skilken Partner Chicago
Ronald A. Stepanovic Partner Cleveland
Matthew A. Tenerowicz Partner Cleveland
Peter W. Van Euwen III Partner Cleveland
Lyle A. Wallace Counsel Denver
Nathan F. Ware Partner Cleveland
Kenneth C. Wright Partner Orlando
Michael P. Wright Associate Chicago

Experience

"The quality of their work is excellent and they have a depth of experience in all the disciplines I need." – Chambers USA 2013
  • Represented Blue Point Capital Partners in its acquisition of a new portfolio company, Hilsinger Holdings, from PNC Equity Partners. Hilsinger is a leading designer, manufacturer and distributor of eyewear and eye care accessories, supplies and equipment. Blue Point’s investment in Hilsinger is focused on optimizing its operations and supply chain while supporting opportunities for growth. Hilsinger is headquartered in Plainville, MA, and has additional operations in North America, Europe and Australia.
  • Represented Cyprium Investment Partners LLC and the other stockholders in its sale of Alpha Sintered Metals and ASM Cayman to O2 Investment Partners for an undisclosed amount. Alpha Sintered Metals makes powdered metal components and O2 said in the release that Alpha Sintered Metals will be a platform for developing or acquiring additional businesses in the powdered metal component sectors.
  • Represented Sterling Partners, a Chicago-based private equity firm, in the sale of its portfolio company, Cornerstone Records Management, to Iron Mountain. Prior to the sale, we represented Cornerstone in more than 20 add-on acquisitions and general day-to-day corporate matters.
  • Represented Morgenthaler Private Equity, the Boston and Cleveland-based private equity team focused on lower middle-market buyouts, in its sale of Enginetics Corporation, a manufacturer of aircraft engine components, to Standex International Corporation for $55.2 million.
  • Represented a public dental practice management firm in its sale to JLL Partners, a New York-based private equity firm, in a going private transaction valued at $398 million. Our representation entailed working with a special committee of the board, in conjunction with its independent legal and financial advisors, to fashion a high-premium transaction in a difficult financing environment that precluded a traditional market check solicitation of bids.
  • Represented Vocus, Inc., a portfolio company of Chicago-based private equity firm GTCR, in its acquisition of Visible Technologies for an undisclosed price. We also advised Land Lease Group, another portfolio company of GTCR, in the sale of five separate subsidiaries.
  • Represented Blue Point Capital Partners and the other members of JTM Foods LLC in connection with the sale of all outstanding membership interests in JTM Foods LLC to a newly formed entity controlled by Kainos Capital in a private-equity to private-equity transaction. In 2011, we advised Blue Point in its acquisition of JTM Foods.
  • Represented TransDigm Group, Inc. (majority controlled by Warburg Pincus) in its acquisition of McKechnie Aerospace Holdings, Inc., a privately owned supplier of aerospace products controlled by JLL Partners, for $1.265 billion.
  • Represented Morgenthaler Private Equity in its sale of Roto-Die Company, Inc. to Sentinel Capital Partners and in the sale of Phillips & Temro Industries to Audax Partners in a PE-to-PE transaction that provided a successful exit for Morgenthaler.
  • Represented Blue Point Capital Partners in connection with the sale of its portfolio company, Quality Synthetic Rubber (QSR), to Lexington Precision Corporation, a portfolio company of Industrial Growth Partners. Blue Point invested in QSR in 2006, and we represented QSR throughout several stages of its life cycle including the initial acquisition by Blue Point, a crucial debt restructuring in the wake of the financial crisis, and the add-on acquisition of Quadra, Inc.

Recognition

"They're great business lawyers and negotiators—I have tremendous confidence in them and in their legal and business acumen."– Chambers USA 2013
  • Chambers USA 2014
    • Among the top practices in Florida
    • 36 lawyers ranked in various business-related practice areas
  • The Best Lawyers in America© 2014: Forty-four lawyers were selected by their peers for inclusion in various business-related fields.
  • Named a top-tier, middle market ($500 million or less) mergers and acquisitions firm by the Legal 500 (2010 to present).
  • The Deal: Firm to Watch

News

Press Releases

Key Contacts