Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
Paul, Weiss Advises Emdeon in $3 Billion Blackstone LBO
In its biggest leveraged buyout (LBO) since 2009, Blackstone Capital Partners VI L.P., has entered into a definitive merger agreement with Paul, Weiss client Emdeon, a publicly traded medical billing provider, for approximately $3 billion. Blackstone will acquire a controlling interest in Emdeon, taking the company private. The transaction was noted today in The New York Times "Dealbook."
The Paul, Weiss team advising Emdeon includes M&A partners Matthew W. Abbott, Jeffrey D. Marell and Robert B. Schumer, and counsel Da-Wai Hu; finance partners John C. Kennedy and Dale M. Sarro; tax partner Richard J. Bronstein; intellectual property counsel Claudine Meredith-Goujon; litigation partners Allan J. Arffa, Andrew G. Gordon, Stephen P. Lamb and Walter G. Ricciardi; environmental counsel William J. O'Brien; and employee benefits partner Robert C. Fleder and counsel Maureen A. Riley. Partner Joseph J. Simons and counsel Didier Malaquin handled the regulatory aspects of the transaction.