Private Equity

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.

• Represented Pamlico Capital (formerly Wachovia Capital Partners) in its investment activities and portfolio company management, including the formation of Lightower Fiber Networks through the purchase of fiber assets from National Grid in 2007, numerous subsequent add-on acquisitions, sale of Pamlico’s controlling interest for $1.4 billion to a group led by Berkshire Partners, and ultimate sale of Pamlico’s remaining interest in connection with Lightower’s pending acquisition by Crown Castle for $7.1 billion. Other engagements for Pamlico include:
  • Acquisition of PrizeLogic, a developer of digital promotions for large consumer brands and retailers.
  • Leveraged acquisitions and subsequent sales of Physicians Endoscopy to Kelso & Company.
  • Equity investment in T2 Systems Inc., a leading provider of SaaS software to the parking industry, and its subsequent sale to Thoma Bravo.
  • Formation of Southern California fiber network provider Wilcon, subsequent add-on acquisitions, and sale to Crown Castle for $600 million.
  • Leveraged acquisitions and recapitalizations of a number of their portfolio companies, including HEALTHCAREfirst, Valued Relationships Inc., Securadyne Systems, Secure-24 Inc., TekLinks Inc., HOSTING, ATX Networks, and World 50.
  • Acquisition and subsequent disposition of a substantial minority equity position in Greenway Medical Technologies and DayNine.
  • Investment in and subsequent sale of American Renal Associates to Centerbridge Partners for approximately $415 million.
• Represented Ridgemont Equity Partners, the former Banc of America Capital Investors private equity team spun off from Bank of America in 2010, in certain of its private equity investment activities and portfolio company management, including:
  • Leveraged acquisitions of Unite Private Networks (UPN) and AccentHealth; subsequently represented UPN in its sale to an affiliate of Cox Communications Inc., with a substantial sponsor and management roll, and represented the owners of AccentHealth (including Ridgemont and MC Ventures) in AccentHealth’s sale to ContextMedia.
  • Leveraged acquisition of Abrasive Products & Equipment, a value-added specialty distributor, and Simpleview, the leading provider of software and digital marketing services to destination marketing organizations.
  • Acquisition of Dickinson Fleet Management Services LLC, a provider of mobile fleet maintenance and repair services.