Hughes Hubbard’s Private Equity Practice

Hughes Hubbard’s Private Equity team represents private equity sponsors and funds, as well as their portfolio companies, in a wide range of transactions. These include acquisitions and divestitures of companies through negotiated and unsolicited transactions, primary and secondary leveraged buyouts, rollups, going-private transactions, management buyouts and auction bids. We also advise sponsors and funds on alternative liquidity options, such as minority stakes sales, continuation funds, general partner-led secondaries, dividend recapitalizations and net asset value loans.

“Our go-to firm for M&A work.” – Client quote, Legal 500

For our clients’ portfolio companies, we handle transactional and other matters, including strategic add-on acquisitions, recapitalizations and other refinancings; restructurings; joint ventures; spin-off transactions; and dispositions. We also handle acquisitions of non-control equity interests in public and private companies, economic participations and other co-investments. Furthermore, we have extensive experience with all forms of acquisition and other related transaction financings, including asset-based and other senior financing, mezzanine, high-yield debt, and preferred and common equity.

Our Private Equity team works closely with our Venture Capital and Asset Management practices to serve our clients through every stage of funding.

For more information on this practice or to join our mailing list and receive future publications, please contact:

Kenneth A. Lefkowitz

Gerold Niggemann

Charles A. Samuelson

Gary J. Simon

Selected examples of our work include representation of:

Greenbriar Equity Group LLC, a private equity firm focused on the transportation industry, and its portfolio companies in dozens of acquisitions, add-on acquisitions and subsequent sales, including those of JEGS High Performance, FragilePAK, Sun Auto Tire & Service, SEKO Logistics, LaserShip, Grakon Holdings, PetroChoice Holdings Inc., Nordco Inc. and Transplace Holdings Inc.
Platinum Equity, a private equity firm, in numerous transactions, including a strategic partnership with Nesco Holdings Inc. for the acquisition of Custom Truck One Source, a portfolio company of Blackstone Group Inc., and the acquisition of Wesco Aircraft Holdings, a New York Stock Exchange-listed aerospace supply chain management service provider
HPS Investment Partners in a cross-border carve-out acquisition
Diversified Aero Services, a leading global aircraft inventory solutions provider based in Miami, in its 50% sale to Marubeni Corp., including an exit of sponsor Fortress Investment Group and related joint venture arrangements
AURELIUS Group, a globally active alternative investment firm, in the acquisition by its portfolio company ZIM Aircraft Seating of HAECO Cabin Solutions
Kenner & Co. in the acquisition of Dynacast and subsequent bolt-on acquisitions and related credit facilities and in the sale of Pace Industries, a die casting manufacturer, to Cerberus/TCW in bankruptcy
Kensington Capital Partners in the acquisition of Pure Power Technologies, a supplier of engine-based fuel and air management systems, from Navistar as well as its subsequent sale to Stanadyne
The Smithfield Group, a global investment holding company, in the platform acquisitions that formed Pure Safety Group, a harness safety supplier
A leading global alternative investment management firm in numerous investments and transactions, such as its acquisitions of various companies in the equipment finance, rental services and financial services industries, including in each case a sale-leaseback acquisition financing from an affiliate of the firm