Douglas P.
Warner

Doug Warner is a partner in our Private Equity M&A Group. He represents private equity sponsors and other financial investors in connection with all types of acquisitions, dispositions and financings, including extensive experience in leveraged buyouts and dispositions of both public and private U.S. and European companies, as well as minority investments and infrastructure investments.

Doug’s clients have included: American Securities; Centerbridge; CPP Investments; CVC; EQT; J.C. Flowers; Lee Equity; Oak Hill Capital; PSP Investments; Searchlight; TruArc Partners (f/k/a Snow Phipps Group) and TPG.

Doug is among only five lawyers ranked Band 1 for Private Equity in New York by Chambers USA, where he is described as “a true expert” who is sought after by clients for his “tremendous knowledge of the marketplace and straightforward approach” and “is one of the best M&A lawyers in the country.” He is also recognized among an elite list of “Leading Partners” for Private Equity Buyouts by Legal 500 and as a “Market Leader” for Private Equity in the U.S. by IFLR1000. Doug has been shortlisted as Private Equity “Lawyer of the Year” for IFLR1000’s 2021 United States Awards. He is included in Lawdragon’s “500 Leading Dealmakers in America” and “500 Leading Lawyers in America” lists and was named a 2015 Private Equity “MVP” by Law360. Doug is also consistently recognized by Chambers Global, Practical Law
Company and Best Lawyers in America. 

Doug’s Recent Experience: 

• American Securities: 
  
  • its approximately $1.9 billion sale of Paragon Medical to AMETEK, Inc.
  • its acquisition of LaserShip, Inc.
  • and its portfolio company LaserShip, Inc. in its acquisition of OnTrac Logistics
  • its $825 million acquisition of the Life Sciences Business of NN, Inc.
  • its acquisition of MW Industries
• Antin Infrastructure Partners:
  • its acquisitions of Empire Access and North Penn Telephone Co. (together known as Empire)
  • its acquisition of FirstLight Fiber
    
• Avolon / Bohai:
  • and its parent Bohai Capital Holding Co. in Bohai’s sale of a 30% stake in Avolon to ORIX Aviation Systems Limited based on an enterprise value of $23.7 billion
  • (a subsidiary of Bohai Financial Investment Holding Co., Ltd. (f/k/a Bohai Leasing Co., Ltd.)) in its $10 billion acquisition of the aircraft leasing business of CIT Group Inc.
  • (at the time a portfolio company of Cinven Partners, CVC Capital and Oak Hill Capital) in its $7.6 billion sale to Bohai Leasing Co., Ltd. (n/k/a Bohai Financial Investment Holding Co., Ltd.)
• Centerbridge:
  • its sale of P.F. Chang’s China Bistro
  • its sale of Pei Wei Asian Diner
  • the A$400 million sale of Billabong International Limited to Boardriders, Inc.
  • and its portfolio company True Food Kitchen in True Foods’ receipt of a minority investment by Ms. Oprah Winfrey
  • and its portfolio company CraftWorks Restaurants & Breweries in CraftWorks’ acquisition of Logan’s Roadhouse
  • its $1.2 billion acquisition of Senvion SE
  • its acquisition of KIK Custom Products
  • and its portfolio company Capmark Financial Group Inc. (n/k/a Bluestem Group Inc.) in Capmark’s $565 million acquisition of Bluestem Brands, Inc.
  • its $1.2 billion acquisition of IPC Systems, Inc.
  • its substantial minority investment in syncreon Holdings
  • its $1.1 billion take-private of P.F. Chang’s China Bistro
• CPP Investments:
  
  • York Holdings II Ltd and York Holdings III Ltd (owned by consortium CPP Investments, Blackstone, GIC Special Investments and Thomson Reuters) in its $2 billion sale of its minority stake in London Stock Exchange to Microsoft
  • together with Blackstone in the acquisition of Advarra, in a deal that implies an Advarra enterprise value of $5 billion
  • as a participant together with Alphabet and Silver Lake in the $2.5 billion investment in Waymo (a subsidiary of Alphabet Inc.)
  • the merger of The Ultimate Software Group with Kronos Incorporated in a deal that valued the combined company at a $22 billion enterprise value
  • together with Permira and GIC in the acquisition of a majority stake in Lytx in a transaction that valued Lytx at more than $2.5 billion
  • together with Silver Lake and Mubadala Investment Company, as lead investors, in the $3 billion first external investment round for Waymo
  • in a consortium that also includes Blackstone and GIC, together with Thomson Reuters Corporation, in the $27 billion sale of Refinitiv
  • in a consortium that also includes Hellman & Friedman, Blackstone and GIC, in the consortium’s $11 billion take-private of The Ultimate Software Group
  • in a consortium that also includes Blackstone and GIC in the consortium’s acquisition of a 55% stake in Thomson Reuters’ Financial & Risk business (n/k/a Refinitiv), valued at $20 billion
• CVC:
  • its acquisition of a significant minority stake in CFGI in a transaction that valued CFGI at $1.9 billion
  • its acquisition and sale of Cunningham Lindsey U.S.
  • its proposed $1 billion equity financing for the unsolicited offer by Endurance Specialty Holdings for Aspen Insurance Holdings
  • its proposed acquisition of ConvergEx Group
• EQT: 
  • and its portfolio company WASH Multifamily Laundry Systems in its sale of WASH to Northleaf Capital Partners and AVALT
  • its acquisition of Scale Microgrids
  • EQT Partners in its strategic investment in United Talent Agency
  • Storytel AB, a publicly traded portfolio company of EQT, in its $135 million acquisition of Audiobooks.com
  • its sale of Dorner Manufacturing Corporation
  • its sale of Synagro Technologies
  • and its portfolio company Sivantos Pte. (n/k/a WS Audiology A/S) in its acquisition of TruHearing
  • its acquisition of Direct ChassisLink
  • EQT Infrastructure in its sale of Restaurant Technologies
  • its acquisition of WASH Multifamily Laundry Systems
• J.C. Flowers:
  • its $200 million investment in Accelerated Wealth Partners
  • together with Bain Capital and others in the $100 million acquisition of a minority stake in Insigneo Financial Group
  • its acquisition of TRICOR
  • its acquisition of a majority stake in iLendingDIRECT
  • its acquisition of Ariel Re, the reinsurance business of Argo Group International Holdings
  • its acquisition of a majority stake in Vericity
  • its acquisition of Jefferson Capital Systems from Flexpoint Ford and management
  • as co-leader of an investment group in that group’s acquisition of CitiFinancial Canada Inc. (n/k/a Fairstone Financial Inc.)
  • its acquisition of a controlling interest in ELMC Group (n/k/a ELMC Risk Solutions)
  • as lead investor in a Series C financing for Kreditech Holding SSL GmbH
• Lee Equity:
  • its $1.6 billion reinvestment in McLarens Global Limited
  • the sale of its interests in Simplicity Group Holdings to SkyKnight Capital and Dragoneer Investment Group
  • in its sale of Cadent Technology
  • together with Twin Point Capital in the acquisition of Alliance Corporation
  • its acquisition of a majority stake in Unlimited Technology
  • indirectly through InterLuxe Holdings in the acquisition of certain entities which comprise the Mackage business
  • its acquisition of K-MAC Investors (n/k/a K-MAC Enterprises)
  • in its sale of PDR Network
  • InterLuxe Holdings in its acquisition of JWU LLC
  • its acquisition of Cross MediaWorks
  • its acquisition of Captive Resources
  • its investment in Skopos Financial
• Oak Hill Capital:
  • and its portfolio company EPIC Insurance Brokers and Consultants (EPIC) in the merger of EPIC and JenCap Holdings, a portfolio company of The Carlyle Group
  • and its portfolio company EPIC Insurance Brokers and Consultants, in its acquisition of Integro Holdings
  • and its portfolio company EPIC Insurance Brokers and Consultants in EPIC’s acquisition of Frenkel & Company
  • its acquisition of EPIC Insurance Brokers and Consultants
  • in the $4.2 billion sale of RSC Holdings
  • its acquisition of Dave & Buster’s
    
• PSP Investments: 
  • together with Convex Insurance in Convex’s new long-term ownership structure led by Onex Corporation and American International Group
  • together with EQT Active Core Infrastructure Fund, in its acquisition of Radius Global Infrastructure, in a transaction that implies a Radius Global Infrastructure enterprise value of approximately $3 billion
  • in connection with the merger of Loral Space & Communications and Telesat Canada to form a new publicly traded Telesat Corporation
  • together with Searchlight Capital Partners, WaveDivision Capital, BCI and CPP Investments, in the consortium’s $1.4 billion acquisition of the Northwest operations and assets of Frontier Communications Corporation
  • together with Lightyear Capital in their sale of Advisor Group to Reverence Capital Partners
  • as co-investor in an Onex-led $1.8 billion investment in Convex Group
  • its minority investment in Alliant Insurance Services
  • a PIPE investment in Virtu Financial to finance, in part, Virtu’s $1.4 billion acquisition of KCG Holdings
  • a Blackstone Group-led $6.1 billion take-private of Team Health
  • as part of a global investor group in the acquisition of ownership stakes in AlixPartners
  • its acquisition with Lightyear Capital of AIG Advisor Group
  • its investments in XPO Logistics
  • its equity participation in the $6.3 billion take-private of Kinetic Concepts
• Searchlight
  • in the sale of its stake in EIS Legacy
  • in its acquisition of EIS Acquisition Holdings
  • and its portfolio company Integrated Power Services in IPS’s acquisition of Evans Enterprises
  • together with co-investors in the acquisition of Integrated Power Services
• TruArc Partners (f/k/a Snow Phipps Group):
  • together with PIMCO in the acquisition of Series A Convertible Preferred Stock and warrants to purchase shares of common stock of Velocity Financial
  • its acquisition of Ideal Tridon Holdings
  • and its portfolio company Teasdale Foods in Teasdale’s acquisition of Rudy’s Food Products
  • its acquisition of Efficient Collaborative Retail Marketing Company
  • its acquisition of Electric Guard Dog (n/k/a AMAROK)
  • and its portfolio company Teasdale Foods in Teasdale’s acquisition of Mesa Foods
  • its acquisition of FeraDyne Outdoors
  • its acquisition of the equity interests of HCTec, LLC
  • its acquisition and disposition of ArrMaz Chemicals
  • its acquisition of a significant interest in Velvet, Inc.
  • and its portfolio company ZeroChaos in ZeroChaos’ acquisition of WorkForce Logic
• TPG:
  • through its affiliate, Integrated Media Company, in the formation of Compound Creative Holdings
  • a SPAC sponsored by TPG Pace Group in its $4.5 billion business combination with Vacasa
  • the acquisition by TPG Pace Holdings Corp., a SPAC sponsored by TPG Pace Group, of the stock of Accel Entertainment, with the resulting entity having an initial enterprise value of approximately $884 million
  • its minority investment in Rodan + Fields
  • through its affiliate Pace Holdings Corp. in the business combination with Playa Hotels & Resorts B.V., a transaction valued at approximately $1.75 billion
  • their acquisition of a minority stake in Spotify Technology