Matthew A. Tenerowicz

Partner

Cleveland
T +1.216.861.7843
F +1.216.696.0740

"...Working with the Baker team (Rob Weible, Matt Tenerowicz) was the highlight of the transaction. They were skilled, professional, responsive and enjoyable to work with..."

— This comment appears on the U.S. News & Best Lawyers "Best Law Firms" website at bestlawfirms.usnews.com

Overview

Matthew Tenerowicz has substantial experience representing clients in mergers and acquisitions and financing transactions. As a trusted adviser, Matt is able to provide practical advice on a wide range of legal issues. He regularly represents clients in sophisticated M&A transactions, including in the healthcare, manufacturing and financial services industries. Matt also represents financial institutions and borrowers in financing and capital markets transactions, including senior and subordinated credit facilities, public and private note offerings, commercial loans, construction loans, trade receivables securitizations, commercial mortgage-backed securities loans, and acquisition facilities. 

Matt is a leader of BakerHostetler's Financial Services: Lending Industry team, previously led the national Emerging Companies team and is a member of the Cleveland office's Hiring Committee. Matt has been named one of America's leading business lawyers by Chambers USA and is listed in The Best Lawyers in America© in Cleveland Banking and Finance Law.  

Select Experience

  • Represented The Sisters of Charity of St. Augustine Health System in its sale of hospitals located in Columbia, South Carolina, as well as its 50 percent ownership interest in a hospital located in Cleveland.
  • Represented a Fortune 50 healthcare services company in four separate significant acquisitions in the healthcare industry since 2013.
  • Represented a $3.5 billion pharmacy benefits management company in its acquisition by a private equity fund.
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Experience

  • Represented The Sisters of Charity of St. Augustine Health System in its sale of hospitals located in Columbia, South Carolina, as well as its 50 percent ownership interest in a hospital located in Cleveland.
  • Represented a Fortune 50 healthcare services company in four separate significant acquisitions in the healthcare industry since 2013.
  • Represented a $3.5 billion pharmacy benefits management company in its acquisition by a private equity fund.
  • Represented the Special Committee of the Retail Ventures Inc. Board of Directors in its exploration of strategic alternatives, the sale of its Filene's Basement subsidiary and its $800 million merger with DSW Inc. 
  • Represented the Special Committee of the Wendy's International Inc. Board of Directors in its exploration of strategic alternatives and its $2.3 billion merger with Triarc Cos. Inc. (Arby's).
  • Represented Texas Health Resources in its acquisition of MedicalEdge Healthcare Group and a related services company and the immediate sale of the related services company, a transaction involving in excess of 420 physicians and other healthcare providers.
  • Represented Ferro Corp. in connection with its syndicated credit facilities totaling $500 million and its $50 million trade receivables securitization facility.
  • Represented Ferro Corp. in a variety of capital markets transactions, including its offering of $172.5 million of convertible senior notes and its simultaneous acquisition via tender offer of publicly issued promissory notes, and its offering of $250 million of high-yield notes. 
  • Represented a Fortune 500 financial institution in numerous construction loans and other commercial lending transactions.
  • Represented a Cleveland nonprofit school for students with learning disabilities and attention deficits in its refinancing of maturing long-term debt.  
  • Represented the Progressive Corp. in its offering of $500 million of senior notes. 
  • Represented the shareholders of American Gas Group, a specialty gas distribution business, in a sale to Praxair Distribution Inc.
  • Represented a private defense contractor in its $135 million sale to a private equity firm. 

Recognitions and Memberships

Recognitions

  • Chambers USA
  • The Best Lawyers in America© (2015 to 2018)
    • Cleveland: Banking and Finance Law

Admissions

  • Ohio, 1998

Education

  • J.D., The Ohio State University Michael E. Moritz College of Law, 1998, with honors
  • B.A., Ohio Wesleyan University, 1995, summa cum laude