Thad Hartmann is a corporate attorney who advises public and private companies and private equity firms on mergers, acquisitions, dispositions, corporate governance, joint ventures, spin-offs and securities offerings. He advises companies in a variety of industries, with an emphasis on sports, media, entertainment and technology.

Bio

Examples of Mr. Hartmann’s representations include:

  • Twenty-First Century Fox in its:
    • $85 billion acquisition by the Walt Disney Company and the pre-merger spin-off of certain news, sports and broadcast businesses. This transaction was named The American Lawyer’s 2019 Global M&A Deal of the Year;
    • $15 billion sale of its stake in Sky and its previously proposed $22 billion acquisition of the stake in Sky that it did not already own; and
    • proposed, but terminated, $80 billion acquisition of Time Warner;
  • Express Scripts in its:
    • $67 billion acquisition by Cigna; and
    • $3.6 billion acquisition of eviCore healthcare, an industry leader in evidence-based medical benefit management services;
  • viagogo in its $4.05 billion acquisition of StubHub from eBay;
  • Bruce Sherman, as lead investor of a consortium, including Derek Jeter, in the creation of the consortium and its acquisition of Major League Baseball’s Miami Marlins, following which Mr. Sherman became the chairman, principal owner and control person of the Marlins. This transaction was featured in Law360’s profile of Skadden as an M&A Group of the Year;
  • Yahoo! in its:
    • $4.5 billion sale of its operating business to Verizon Communications. This transaction was included in the Enabling Business Growth category in the Financial Times’ North America Innovative Lawyers report; and
    • previously proposed spin-off of its interest in Alibaba Group Holding;
  • iHeartMedia in its adoption of a stockholder rights plan;
  • Vital Proteins, a leading collagen brand and a lifestyle and wellness platform offering supplements, beverages and food products, in its acquisition by Nestlé Health Science;
  • NXP Semiconductors in its $1.8 billion acquisition of Marvell’s wireless connectivity portfolio;
  • The PGA TOUR in:
    • the creation of EZLinks Golf Holdings, a joint venture operating TeeOff.com, a leading online tee-time reservation business, which was featured in Law360’s profile of Skadden as a Sports Group of the Year;
    • acquisitions by EZLinks of (a) Integrated Business Systems and (b) Distinct Software Solutions and related debt and equity financings, including a significant minority investment by Providence Equity Partners; and
    • the acquisition of EZLinks by NBC Sports Group, a subsidiary of Comcast;
  • Royal Caribbean in its acquisition of the 33.3% interest that it did not already own in Silversea Cruises, a leader in ultra-luxury and expedition cruising, in exchange for 5.2 million of Royal Caribbean shares;
  • Hearst in the acquisition (by its subsidiary CAMP Systems International) of Inventory Locator Service, which provides the largest electronic marketplace for the aviation industry to buy and sell parts, equipment and services, from Boeing;
  • Nasdaq in the:
    • offer by wholly owned subsidiary Nasdaq AB to acquire all of the issued shares of the Norwegian stock exchange, Oslo Børs VPS, for $770 million in the aggregate;
    • acquisition of Boardvantage, a leading board portal solution provider that also specializes in leadership collaboration and meeting productivity; and
    • acquisition of Marketwired, a leading global provider of news distribution services and analytics for communications professionals;
  • The National Hockey League in its sale of the Phoenix Coyotes franchise;
  • TEAM8 in its joint venture with the United States Tennis Association and Tennis Australia, among others, to form the Laver Cup, a tennis competition between regional teams of top professional players from Europe and the rest of the world;
  • minority owners in the sales of their interests in major league sports franchises and related businesses, including regional sports networks;
  • Veritas Capital in its $2.1 billion acquisition of StandardAero, which provides aircraft maintenance, repair and overhaul services for aviation, military and industrial power customers;
  • Life Time Fitness, operator of approximately 115 fitness centers in North America, in its $4.2 billion acquisition by Leonard Green & Partners and TPG Capital;
  • Bluestem Brands, the retail operator of Fingerhut, Gettington.com and PayCheck Direct, in its $565 million acquisition by Capmark Financial Group;
  • CurtCo Robb Media, publisher of Robb Report, in its acquisition by Rockbridge Growth Equity Partners; and
  • Multisorb Technologies, a leading producer of sorbent products for pharmaceutical and food uses, and its stockholders in its acquisition by Summer Street Capital Partners.

Mr. Hartmann also has provided pro bono legal services to New York-based clients, including Roads to Success, Operation Veronica and Sick Kids (need) Involved People of New York.

Credentials

Education

  • J.D., University of Pennsylvania Law School, 2010 (magna cum laude; Senior Editor, University of Pennsylvania Law Review)
  • Wharton School, Certificate in Business and Public Policy, 2010
  • A.B., Princeton University, 2005 (cum laude; Executive Editor for Sports, The Daily Princetonian)

Admissions

  • New York

Thad Hartmann

Counsel, Mergers and Acquisitions; Sports
thaddeus.hartmann@skadden.com