Mr. Ahmad also advises clients and other lawyers in the firm on issues of Delaware law, including fiduciary duty and corporate governance matters. He was named a 2016 Delaware Lawyer on the Fast Track by The Delaware Law Weekly.
Mr. Ahmad has represented public and private companies, private equity sponsors and asset management firms in connection with mergers, leveraged buyouts, joint ventures, minority investments, the purchase and sale of securities, assets and business units, rights offerings, registration statements, proxy statements, and disclosure issues and other securities law matters. He also has counseled clients on the formation and use of partnerships and limited liability companies in connection with investment funds, joint-ventures, acquisitions and employee incentive plans.
Notable representations include DPx Holdings in the acquisition of Patheon Inc., the concurrent contribution of Royal DSM’s pharmaceutical business and the subsequent acquisitions of three pharmaceutical businesses; MFP Partners, LP in its minority investment in First Security Group, Inc., a publicly traded bank holding company, and in its investment in Cache, Inc., a nationwide, mall-based specialty retailer of sportswear; Drogaria Onofre Ltd., Brazil’s eighth-largest drugstore chain, in the sale of all of the company’s outstanding shares to an affiliate of CVS Caremark Corporation; TOMS Shoes Inc. with respect to general corporate matters and its sale to Bain Capital; Toshiba Corporation in connection with the sale of a minority interest in a significant subsidiary; Sequential Brands Group, Inc. in its acquisition of Heelys, Inc. by virtue of a negotiated topping bid to an announced transaction; Patheon Inc. in its acquisition of Banner Pharmacaps, a specialty pharmaceutical business, from Netherlands-based food products company Vion, N.V.; and Wilmington Trust in its merger with M&T Bank Corporation.
Additionally, Mr. Ahmad has represented JLL Partners in numerous transactions, including the acquisition of Pioneer Landscaping; the sale of C.H.I. Overhead Doors to Friedman Fleischer & Lowe LLC; a control acquisition of FC Holdings, Inc., a Texas community bank system, and its subsequent additional investments; the acquisition of a majority interest in ACE Cash Express; the acquisition of J.G. Wentworth; the sale of IASIS Healthcare Corporation; and the formation of JLL Partners’ Education Affiliates portfolio company through the acquisition of nine for-profit post-secondary educational service providers. He also has advised a number of JLL portfolio companies in various transactions, including follow-on acquisitions by BioClinica, Inc., DPx Holdings and Loar Group Inc.
In 2009 and 2010, Mr. Ahmad served as counsel to Acumen Fund, a global social venture capital fund investing in the delivery of critical goods and services relating to agriculture, energy, health, housing and water to the poor in India, Pakistan and East Africa. During that time, Mr. Ahmad structured and negotiated debt and minority equity investments in a number of new and follow-on investments, counseled the board of directors and management on various issues and created transaction document templates and training materials for the portfolio team globally.
Mr. Ahmad has served in various leadership positions with the North American South Asian Bar Association and its local chapter. He previously has served on the firm’s Associates’ Committee and Diversity Committee.