Private Equity

Overview

Alston & Bird has an active and highly regarded team of lawyers who specialize in assisting private equity clients with all their transactional needs. We represent private equity and venture capital funds and other private investors in all aspects of the investment cycle, including fund formation, early-stage venture capital investments, later-stage growth financings, going-private transactions, leveraged buyouts, and recapitalizations. We also represent the portfolio companies of our private equity clients in a wide range of transactions, including add-on acquisitions, dispositions, recapitalizations, and financings.

Experience

Our private equity attorneys have extensive experience in developing strategies for structuring and implementing acquisitions and investments that are both innovative and practical. In addition to our corporate capabilities, our practice integrates lawyers who concentrate in private equity finance, tax, executive compensation, ERISA, labor, intellectual property, real estate, and environmental law to provide our clients with comprehensive advice to address the multitude of issues that arise in today’s corporate transactions.

Accolades

Our private equity practice is national in scope, consisting of lawyers regularly recognized in the legal industry, including in The Best Lawyers in America® and Chambers USA. LSEG ranked Alston & Bird in the top 20 as a “Global M&A Legal Advisor, US Target Announced” based on deal value and in the top 20 as a “Global Private Equity and Venture Capital Legal Advisor, advisors to company,” for LBO & related rounds based on number of rounds in 2024.

Experience

• Represented the Technology Buyout Group ofThe Carlyle Group in certain of its private equity investments, including:
  • The $3.9 billion acquisition of CommScope Inc., a global leader in infrastructure solutions for communications networks. Subsequently represented CommScope Holding Company Inc. in its $3 billion purchase of TE Connectivity’s Broadband Network Solutions unit, consisting of telecom, enterprise, and wireless businesses.
  • The $7.4 billion acquisition of Veritas Technologies, a data storage company, from Symantec.
  • Acquisition of the ARM-based microprocessor business of MACOM Technology Solutions Holdings Inc. that MACOM purchased from AppliedMicro.
  • Acquisition and subsequent sale of Open Link Financial, a provider of investment and financial management software and related services focused exclusively on the financial services industry, to Hellman & Friedman.
  • Substantial investment in ProKarma, an enterprise IT solutions company.
• Represented The Gores Group in certain of its private equity transactions, including
  • Acquisition of Therakos Inc. from Ortho Clinical Diagnostics Inc., a subsidiary of Johnson & Johnson.
  • Formation of Elo Touch Solutions following its acquisition of TE Connectivity’s Touch Solutions business for $380 million.
  • Acquisition of Alpheus Communications L.P., one of the largest fiber network and data center operators in Texas, and the subsequent sale of Alpheus to LOGIX Communications.
  • Disposition of the 36 cable systems that we helped its portfolio company, Cobridge Communications, acquire from Charter Communications.
  • Purchase of assets from StratITsphere Solutions LLC, a provider of co-location and data center services.