Ronald A. Stepanovic

Partner

Cleveland
T +1.216.861.7397
F +1.216.696.0740

Overview

Ron Stepanovic is co-leader of the firm’s national Mergers and Acquisitions team and heads the firm’s Private Equity practice. As such, he has particular experience in the acquisition and disposition of privately held companies. Ron also has significant experience representing real estate related companies, including representation of real estate funds and hospitality and retail REITs. Additionally, Ron provides ongoing day-to-day advice and counsel to the portfolio companies acquired by his private equity clients, a role that requires him to serve informally as general counsel.

Select Experience

  • Represented Blue Point Capital Partners in connection with the sale of its portfolio company, Quality Synthetic Rubber, to a portfolio company controlled by Industrial Growth Partners. Worked closely with Blue Point and Harris Williams to conduct a productive auction process for the sale.
  • Represented CBIZ Inc. in numerous acquisitions, including recent acquisitions of accounting, employee benefits and other service businesses. Transactions typically include complex earn-out payments, issuance of stock as consideration and regulatory considerations. Recently also represented CBIZ in the sale of its medical billing practice subsidiary to Zotec for approximately $200 million.
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Experience

  • Represented Blue Point Capital Partners in connection with the sale of its portfolio company, Quality Synthetic Rubber, to a portfolio company controlled by Industrial Growth Partners. Worked closely with Blue Point and Harris Williams to conduct a productive auction process for the sale.
  • Represented CBIZ Inc. in numerous acquisitions, including recent acquisitions of accounting, employee benefits and other service businesses. Transactions typically include complex earn-out payments, issuance of stock as consideration and regulatory considerations. Recently also represented CBIZ in the sale of its medical billing practice subsidiary to Zotec for approximately $200 million.
  • Represented Phillips & Temro Industries Inc., a portfolio company controlled by Morgenthaler Private Equity, in a stock sale to an entity controlled by Audax Private Equity. 
  • Lead counsel for DDR Corp. in connection with its $6.2 billion acquisition by merger of Inland Retail Real Estate Trust. At the time of the transaction, it was the second largest retail real estate investment trust (REIT) transaction in REIT history.
  • Represented Morgenthaler Private Equity in connection with the sale of Satellite Logistics to Hillebrand Group.
  • Represented Blue Point Capital Partners in connection with its acquisition of JTM Foods.
  • Represented Investcorp Technology Partners in connection with its tender offer for shares of Thought Equity Motion Inc.
  • Lead attorney in acquisition and sale transactions involving hotel and resort properties valued at more than $500 million and shopping center properties valued at more than $8 billion.
  • Represented Citymark Capital in connection with the formation of its first two funds and the acquisition of multiple multifamily projects by the Citymark funds.

Recognitions and Memberships

Recognitions

  • Chambers USA: Business: Corporate/M&A in Ohio (2015 to 2019)
    • Band 4 (2015 to 2019)
  • The Legal 500 United States (2013 to 2019)
    • Recommended Lawyer in M&A/Corporate and Commercial: M&A - middle-market ($500m-$999m)
  • The Best Lawyers in America© (2016 to 2018)
    • Cleveland: Mergers & Acquisitions Law

Memberships

  • Ohio State Bar Association
  • Cleveland Metropolitan Bar Association

Community

  • Kirtland Local Schools: Board of Education (2013 to 2017)
  • Friends of Breakthrough Charter Schools: Board (2010 to 2016)

Admissions

  • Ohio, 1988

Education

  • J.D., Case Western Reserve University School of Law, 1988, magna cum laude, Order of the Coif
  • B.S., Accounting, Case Western Reserve University, 1985