McDermott Will & Schulte has established a broad large-cap private equity practice that regularly acts for major sponsors, investment firms and portfolio companies on sophisticated acquisitions, exits, PIPE investments and financings, with particularly notable strength in healthcare private equity alongside an expanding presence in technology, telecoms and industrials. The practice is steered by a group of partners including New York-based Frank Steinherr, who is known for advising on acquisitions, take-privates, carve-outs, and leveraged buyouts; prominent sponsor-side practitioner Harris Siskind, and Frederic Levenson, who advises sponsors, portfolio companies and corporates in the Miami office; and Chicago-based Gregory Metz, whose strengths lie in healthcare-focused investments and carve-out transactions, and Kristian Werling, who is active in on complex healthcare and life sciences acquisitions, divestitures, carve-outs and platform investments.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
‘The team is very responsive. They focus on building good relationships with their clients. They are disciplined. Offer great perspectives on negotiating terms. Broad range of experiences allowing quick access to specialists (e.g., environmental, and more) when needed. This is an A class institution. ’
‘The individuals we work with consistently stand out for their responsiveness, commercial mindset, and ability to simplify complex legal issues without diluting risk awareness. A few qualities I believe distinguish Robert Clagg are; He understands what actually matters and focuses on protecting value, not creating unnecessary friction. Even with accelerated deal timelines, he and the team remain steady and organized having direct impact on momentum and credibility with sellers. Robert is also always available when we’re under the gun.’
‘Fred Levenson, Alex Clavero, Lindsey Reighard are all phenomenal attorneys and deal makers.'
Key clients
- A&M Capital Advisors, LP
- Solaris Health
- Lee Equity Partners
- H.I.G. Capital LBO Fund
- H.I.G. Capital Middle Market Fund
- Nautic Partners
- Quad-C Management
- NetBrain Technologies Inc.
- H.I.G. Advantage Buyout Fund
- Enhanced Healthcare Partners
- Amulet Capital Partners
- MGG Investment Group LP
Work highlights
Advised Lee Equity Partners and Solaris Health on their sale of Solaris Health to The Specialty Alliance for $1.9 billion.
Advised numerous investors on PIPE transactions totaling approximately $6.5 billion.
Closed H.I.G. Middle Market’s $925 million sale of BioVectra and its US subsidiary to Agilent Technologies, Inc.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Frank Steinherr; Frederic Levenson; Gregory Metz; Kristian Werling; Harris Siskind
Other key lawyers
Eric Gilbert; Michael Hacker; Alexander Clavero; Lindsey Reighard