Representation of privately owned real estate investment and advisory firm, as managing member of programmatic joint venture with value-oriented REIT focusing on investment in institutional quality real estate to acquire and operate medical office buildings, together with other potential healthcare related properties across U.S. markets.
Represented Legends in connection with potential joint venture with a provider of a no-code platform that provides a non-fungible token (aka NFT) wallet, access to multiple blockchains, tokenization and utility-driven smart contracts to empower marketers and brands to build web3 customer loyalty communities.
Represented Isik Plastik, a Turkish publicly traded company and a leading manufacturer of thermoformed food packaging and industrial plastic sheet products, in its acquisition of a US-based manufacturer of polycarbonate and other plastics products.
Represented Cohere Cyber Secure, a provider of cyber security and risk assessment services, in the sale of substantially all of its assets to Dataprise, a provider of managed IT, cybersecurity and cloud solutions.
Represented Nano Cures International, Inc., a US-based company focused on transforming the development and delivery of cures to major health conditions and diseases, in a definitive arrangement agreement (the "Arrangement Agreement") with Craft 1861 Global Holdings Inc. ("Craft Global"), a publicly traded Canadian corporation. The Arrangement Agreement sets out the definitive terms upon which Nano will acquire Craft Global in a reverse take-over transaction valued at $5.5B.
Represented Break the Floor Productions in a groundbreaking dance industry transaction. TZP Group (“TZP”), a multi-strategy private equity firm, made strategic investments in Break The Floor Productions and Star Dance Alliance to create Dance One Holdings, LLC, the largest holding company of dance brands in the world. This investment represents the largest institutional investment in the dance industry as of the date of the deal.
Represented a financial advisory and accounting firm based in the northeast in its restructuring and subsequent business combination transaction with a financial and tax advisory business.
Represented Avenue Sports Fund as lead investor in the acquisition of the U.S. team in the global sailing league SailGP. The team acquisition was the largest in SailGP history, and, according to Sports Business Journal, constituted a record valuation for a SailGP team.
“The investment by the Avenue Sports Fund in the U.S. SailGP Team is a perfect fit for our strategy of supporting emerging sports and leagues to capitalize on the globalization of sports and related areas of potential rapid growth,” said Marc Lasry, Avenue Capital Group Chairman and CEO.
Represented D.C. United in its partnership with Virginia Revolution and Attain Sports in forging a premier soccer institution that redefines the regional soccer landscape through the merger of Loudoun United FC and Virginia Revolution Soccer Club. The goal is to establish a professional pathway from grassroots development to the highest level of professional soccer in the United States.
This merger transforms Loudoun United from a team to a fully integrated club positioning it as a premier destination for soccer excellence in the region. This collaboration enhances fan engagement through innovative programming, family-friendly events, and greater access to world-class soccer.
Represented the controlling ownership group of the Brisbane Bullets of the Australian National Basketball League (the “NBL”) in its acquisition of a 25% ownership interest in the Brisbane Bullets held by the NBL. With this transaction, the NBL is no longer a shareholder in the Brisbane Bullets and the members of the controlling ownership group are comprised of Australian and United States-based private investors. Other investors in the Brisbane Bullets include NBA legend George Gervin.
Brisbane Bullets CEO Malcolm Watts welcomed the increased investment, highlighting the value of having onshore ownership actively involved in the club’s growth. The controlling ownership group will seek to engage more closely with the Brisbane Bullets fans, as well as growing the overall fan base to bring a formidable “Blue Army” of Bullets supporters to every home game.
Represented portfolio company of a private equity fund in its acquisition of a distributor.
Representing Lido Advisors (“Lido”), a leading wealth advisory firm with over $30 billion in assets under management, in a strategic partnership with investment funds managed by HPS Investment Partners (“HPS”), a leading global alternative investment firm with approximately $150 billion in assets under management. HPS joined Lido’s existing partner Charlesbank Capital Partners (“Charlesbank”) to support the firm’s continued growth and long-term vision.
Represented the ownership group in the acquisition of a franchise in BIG3, a three-on-three men's basketball league, in connection with the league's first sales of teams to third party investors.
Acted as US counsel to the UK selling shareholders of a UK specialist provider of corporate secretarial governance, accounting and tax advisory services. A US private equity sponsored holding company acquired the UK company with payment taking the form of a combination of cash, rollover equity in the US holding company, and earnout consideration. Herrick advised on and negotiated key transaction documents addressing the US-centric rollover stock purchase and provided counsel regarding incentive compensation under a phantom equity incentive stock purchase plan and award agreements.
