Heather A. Shimer

Private Equity Transactions

• Represented more than 1,000 physician owners of Summit Health and CityMD, in a $9 billion sale to VillageMD, which is majority owned by Walgreens and included an investment by Cigna. The transaction created one of the largest independent health care provider groups in the United States.
• Represented private equity sponsors in various acquisitions, including medical spas, dental practices, ophthalmology practices, orthopedic group practices, pharmacy benefit managers, ambulatory surgery centers, telecom service providers, and FDA-regulated manufacturing companies.
• Represented a private equity-backed urgent care platform in a joint venture with a hospital system.
• Represented a client in carve out asset sale of a life sciences business to a private equity sponsor-backed acquiror.
• Represented a private equity sponsor in a $2 billion divestiture of a majority stake in a software company.

Capital Markets and Publicly Traded Company Transactions

• Represented a publicly traded strategic buyer in the acquisition of medical device company.
• Represented publicly traded waste management company in its $966 million acquisition of an environmental services company.
• Represented publicly traded investment fund in its acquisition of another publicly traded fund, with combined entity totaling more than $8 billion in invested assets following the transaction.
• Represented various investment funds in their combination merger transaction to create the second largest business development company by assets under management, and subsequent listing of the combined company’s shares on the NYSE.
• Represented various publicly traded companies, including investment funds and health care companies, in various corporate governance matters, restructurings, and Securities and Exchange Commission filings.

Heather Shimer is a senior associate in Alston & Bird’s Health Care Group, where she focuses her practice on advising health care companies and investors with mergers & acquisitions and joint ventures. She has substantial experience advising physician practice groups and private equity acquirers in physician services transactions, specifically in the ophthalmology, orthopedic, dental, cardiology, urology, gastroenterology, behavioral health, dermatology, medical spa, and urgent care space. Her clients also rely on her for advice on corporate governance matters and SEC compliance and reporting obligations. Heather was identified as “One to Watch” by The Best Lawyers in America^® in Health Care Law.

Before joining Alston & Bird, Heather practiced law in a corporate legal department. She previously worked as an associate in the Philadelphia office of a global law firm. Heather graduated from the University of Virginia School of Law where she was on the editorial board of the Virginia Journal of Law & Social Policy. She also graduated from the University of Pittsburgh, summa cum laude, with a B.A. in politics and philosophy.

Bar Admissions

• Georgia
• Pennsylvania

Education

• University of Virginia (J.D., 2017)
• University of Pittsburgh (B.A., 2013)