Peter D. Serating

Mr. Serating also regularly advises clients on shareholder activism, takeover preparedness, corporate governance, securities law, SEC disclosure and general corporate matters. In addition, Mr. Serating has represented investment banks as financial advisors in M&A transactions.

Mr. Serating has advised various clients on significant transactions, including:

• Neuberger Berman Group in the $12.5 billion combination of its Dyal Capital Partners division and Owl Rock Capital Group to form Blue Owl Capital
• American Express Global Business Travel in its:
  • $5.3 billion de-SPAC business combination with Apollo Strategic Growth Capital
  • acquisition of the Egencia corporate travel business from Expedia Group
  • acquisition of Ovation Travel Group
• Fortress Investment Group LLC in:
  • its $3.3 billion acquisition by SoftBank Group Corp.
  • the sale of TRAC Intermodal to Stonepeak Infrastructure Partners
  • the sale of its majority stake in its portfolio company Abercrombie & Kent Group of Companies, S.A. to Zhonghong Group
  • the $250 million sale of Logan Circle Partners, L.P., Fortress’ traditional fixed-income asset management business, to MetLife, Inc.
  • the internalization of management of Rithm Capital Corp. (formerly New Residential Investment Corp.)
• Rithm Capital Corp in its:
  • acquisition of Sculptor Capital Management, Inc.
  • acquisition of Genesis Capital LLC, along with a related portfolio of loans, from affiliates of the Goldman Sachs Group
  • $1.675 billion acquisition of Caliber Home Loans, Inc.
  • $1.4 billion acquisition of all of the assets of Home Loan Servicing Solutions, Ltd. (Cayman Islands corporation)
  • $212 million acquisition of Shellpoint Partners LLC
• vTv Therapeutics in:
  • an investment into the company by, and Collaboration and License Agreement with, affiliates of G42 Healthcare
  • an investment into the company by affiliates of CinRx Pharma, LLC, and related agreements
• Boral Limited in its $2.6 billion acquisition of U.S.-based Headwaters Incorporated
• OneMain Holdings, Inc. in the $1.5 billion acquisition of a 40% stake in the company by an investor group led by Apollo Global Management, LLC and Värde Partners, Inc.
• Sculptor Capital Management, Inc. (formerly Och-Ziff Capital Management Group LLC) in various matters, including its strategic recapitalization plan
• York Capital Management in its sale of The Bay Club Company to KKR
• Healthpeak Properties, Inc. (formerly HCP, Inc.) (a REIT) in the spin-off of its HCR ManorCare portfolio of skilled nursing and assisted living assets, as well as other skilled nursing assets, into an independent, publicly traded REIT
• Affiliates of MSX International, Inc. in connection with its sale to Bain Capital Private Equity
• Life Time Fitness, Inc. in its $4 billion acquisition by affiliates of private equity firms Leonard Green & Partners, L.P. and TPG Capital, L.P.
• Deluxe Entertainment Services Group Inc., a subsidiary of MacAndrews & Forbes Incorporated, in its digital cinema joint venture with Technicolor S.A.
• The Coca-Cola Company in its:
  • $2.15 billion investment and partnership with Monster Beverage Corporation
  • $1.25 billion investment in, and Keurig Cold at-home beverage system partnership with, Green Mountain Coffee Roasters, Inc.
  • $13 billion acquisition of the North American business of its largest bottler, Coca-Cola Enterprises
• Darden Restaurants, Inc. in the separation of a portion of its real estate assets into a separate, publicly traded REIT
• New Senior Investment Group Inc. in connection with its publicly announced exploration of strategic alternatives and subsequent internalization of management
• Brookdale Senior Living Inc. in its:
  • $2.8 billion merger with Emeritus Corporation
  • $1.2 billion joint venture with HCP, Inc., a REIT
  • receipt of a notice of nomination of three director candidates for election to the Brookdale Board of Directors at the company’s 2015 Annual Meeting of Stockholders from Sandell Asset Management Corp.
• Revlon, Inc. in its $665 million acquisition of The Colomer Group Participations, S.L., a beauty care company that markets and sells professional products
• MacAndrews & Forbes Incorporated in various acquisitions, financing transactions and corporate matters, including the:
  • Panavision Inc. going-private transaction
  • acquisition of the Deluxe film processing and creative services business from The Rank Group Plc
  • acquisition of Faneuil, Inc., a privately held government services provider
  • acquisition of the Allied Security business from an investor group and the subsequent acquisitions by Allied Security of Barton Protective Services and the U.S. security services business of Initial Security
  • the sale of Faneuil, Inc. to ALJ Regional Holdings, Inc.
• Newcastle Investment Corp. in its agreement with BLR Partners to appoint a director to Newcastle’s board of directors
• Vanguard Health Systems Inc. in its $4.3 billion acquisition by Tenet Healthcare Corp. (both parties are owners and operators of health care facilities)
• TPG Capital, L.P. in its $450 million acquisition of Assisted Living Concepts, Inc., an operator of assisted living residences
• The Warnaco Group, Inc. in its $2.9 billion acquisition by PVH Corp.
• Emeritus Corporation in the sale by its joint venture with Blackstone Real Estate Partners of $1.8 billion of senior housing communities to HCP, Inc.
• Citigroup Inc. in a number of transactions, including the sale of Citigroup’s 80% owned subsidiary, The Student Loan Corporation, which included the sale of $32 billion of assets to Discover Financial Services and Sallie Mae
• L-1 Identity Solutions, Inc. in its sale to Safran SA in a merger transaction valued at $1.6 billion, including the parallel sale of L-1’s Intelligence Services unit to BAE Systems, Inc. for $303 million
• Deutsche Bank AG in a number of transactions, including its:
  • acquisition of Dresdner Bank AG’s global agency securities lending business
  • acquisition of Hedgeworks LLC, a hedge fund administrator