Ropes & Gray LLP

Business restructuring chair Ryan Preston Dahl joined other professionals to share the biggest restructuring themes they are anticipating in 2025 in a recent article for PETITION LLC. He anticipates a focus on liability management exercises in the new year. Read more here: https://lnkd.in/ef3b8y4D

We represented Yellowstone Landscape and Harvest Partners in an agreement to sell a significant minority stake in Yellowstone to Neuberger Berman Capital Solutions. Our team included Jessica T. Murray, Carolyn Vardi, Holt Baker, Allie Alperovich, Dan Coyne, Brandon Dunn and Craig Marcus.

We are proud to have represented Xerox Holdings Corporation in its agreement to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion. Our team included Janet Coscino, Neill Jakobe, Zach Blume, Arthur Mok, Jordan Altman, Peter Alpert, Sally Davis, Eric Behl-Remijan, Elaine B. Murphy, Brendan Hanifin, Ruchit Patel, Samer Musallam, Ama Adams, Jonathan Klarfeld, Timothy Farrell, Jen Cormier and Renata Ferrari. 

We are proud to share that life sciences partner Katherine Wang has been recognized among “Visionaries” in China Business Law Journal’s A-List 2024-25. Read more about this award: https://lnkd.in/eejVHJYd

Congratulations to business restructuring chair, Ryan Preston Dahl, who was included in Bloomberg’s list of key liability management players in 2024. Ryan was noted for his innovative restructuring work and representing companies including DirecTV and Trinseo Plc. Read more: https://lnkd.in/ePCKpQNh

Stay on top of the latest global transactions developments. In Dealmaker’s Digest, we discuss the latest insights in M&A activity across industries and borders. Key takeaways from last month: -- Global M&A value reached nearly $350 billion in November, the second highest monthly value for 2024. -- The software and construction industries were the most active sectors for U.S. M&A in November. -- U.S. inbound M&A activity exceeded $30 billion in November for the second consecutive month. -- A Texas federal court has paused enforcement of the Corporate Transparency Act, including its ownership reporting requirements for certain legal entities. Click here to view all top 10 developments: https://lnkd.in/ejV2Mji7

We are proud to have been recognized by Asia Business Law Journal among the best law firms for Private Equity & Venture Capital in their 2024 Japan Law Firm Awards. We were noted for our pivotal advisory role to Bain Capital Private Equity and Bain Capital Double Impact in the sale of Japan Wind Development, a renewable power entity, to Infroneer Holdings, a Japan-based comprehensive infrastructure services company. Read more: https://lnkd.in/efWK_bUq

We are proud to partner with Citizens to support environmentally beneficial activities through the Sustainable Deposits program. Our Money Market account earns a competitive interest rate while also supporting loans to support eligible green businesses. Learn more about this partnership: https://lnkd.in/exgYwqV8

We represented New Mountain Capital and its portfolio company, Pearce Services, on Pearce's acquisition of Unified Power, a provider of preventative maintenance and repair services for power systems. Our team included Todd B. Kornreich, Carl Marcellino, Stefanie Birkmann, Alyssa Kollmeyer, Danna R. Kivell, Jordan Altman, Fran Knox Faircloth, Jonathan Klarfeld, and Peter Alpert.

In a recent 9fin article, business restructuring chair, Ryan Preston Dahl commented on the current trend towards building consensus in liability management exercise (LME) transactions and how market changes prompt further adaptations. A shift towards more inclusive termed "LM 2.0" is explored, highlighting the benefits such as minimizing litigation risks and maintaining positive relationships with stakeholders. Read more: https://lnkd.in/ed_zrukW