Paul Bennett

Primary Focus & Experience

Paul Bennett IV focuses his practice on mergers and acquisitions, advising boards of directors and private equity sponsors on a range of governance and related issues. He manages mergers and acquisitions transactions across a number of industries, representing private equity sponsors and public and private companies in connection with acquisitions and sales in the pharmaceutical, healthcare, banking, asset management and chemical manufacturing industries.

His representations and transactions include:

• Affiliates of Court Square Capital Partners in the acquisition of Thrive Operations, and Thrive Operations in numerous add-on acquisitions, including Edge Technologies.*
• Affiliates of Court Square Capital Partners in the acquisition of GoEngineer.*
• Affiliates of One Equity Partners in the acquisition of Liquid Web, and Liquid Web in its add on acquisition of XBT Holdings, creating its CloudOne Digital platform.*
• Affiliates of One Equity Partners in the carve out of Dragonfly Financial Technologies from ACI Worldwide and its affiliates.*
• Modular Space Holdings, Inc. in its sale to affiliates of WillScot Corp. for approximately US$1.1 billion.*
• Patheon N.V. in its sale to Thermo Fisher Scientific for approximately US$7.2 billion in cash.*
• Windstream Holdings, Inc. in its acquisition of EarthLink Holdings for approximately US$1.1 billion.*
• Affiliates of JLL Partners and Water Street Healthcare Partners in their acquisition of MedPlast Inc., and MedPlast in its subsequent acquisition of Coastal Life Technologies.*
• Affiliates of JLL Partners and Water Street Healthcare Partners in their sale of BioClinica Inc. to affiliates of Cinven Partners LLP.*
• Affiliates of Apax Partners in connection with the sale of a minority interest in Garda World Security Corporation to affiliates of Rhône Group.*
• Affiliates of Alvarez & Marsal Capital in its acquisition of United Laundry Services.*
• The Blackstone Group in connection with the spin-off of its financial and strategic advisory services, restructuring and reorganization advisory services and Park Hill Group businesses into a standalone company, PJT Partners Inc.*
• KeyCorp in its acquisition of First Niagara Financial Group for approximately US$4.1 billion.*
• Team Health Holdings, Inc. in its acquisition of IPC Healthcare, Inc. for approximately US$1.6 billion in cash.*
• Rockwood Holdings, Inc. in its sale to Albemarle Corporation for approximately US$6.2 billion in cash and Albemarle stock.*
• Affiliates of Kohlberg Kravis Roberts & Co. in its acquisition of The Brickman Group for approximately US$1.6 billion, and The Brickman Group in connection with its subsequent acquisition of ValleyCrest Companies.*
• Affiliates of One Equity Partners in its acquisition of FMC Corporation’s peroxygens business in a carve-out transaction valued at approximately US$200 million.*
• Affiliates of Blackstone Capital Partners in its joint venture with Outerstuff Ltd., a leading designer, manufacturer and marketer of licensed children’s sports apparel.*

*Matter completed prior to joining Milbank.