Peter D. Serating
Peter D. Serating is a corporate partner with a diverse practice concentrating on mergers and acquisitions and other corporate transactions.

Bio

Mr. Serating has represented public and private clients on a variety of U.S. and cross-border transactions, including mergers, acquisitions, takeovers (negotiated and contested), dispositions, auctions and joint ventures. He 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 was named as one of Law360’s “Rising Stars of M&A” in 2015. In 2014, he was named by The M&A Advisor as one of the top 40 M&A professionals under the age of 40 in the United States.

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

  • Boral Limited in its $2.6 billion acquisition of U.S.-based Headwaters Incorporated; 
  • HCP, Inc. 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;
  • Fortress Investment Group LLC:
    • in the sale of its majority stake in its portfolio company Abercrombie & Kent Group of Companies, S.A. to Zhonghong Group; and
    • in the $250 million sale of Logan Circle Partners, L.P., Fortress’ traditional fixed-income asset management business, to MetLife, Inc.;
  • 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; its $1.25 billion investment in, and Keurig Cold at-home beverage system partnership with, Green Mountain Coffee Roasters, Inc.; and its $13 billion acquisition of the North American business of its largest bottler, Coca-Cola Enterprises;
  • New Residential Investment Corp., a mortgage REIT, in its $1.4 billion acquisition of all of the assets of Home Loan Servicing Solutions, Ltd. (Cayman Islands corporation);
  • Darden Restaurants, Inc. in the separation of a portion of its real estate assets into a separate, publicly traded REIT;
  • Brookdale Senior Living Inc. in its $2.8 billion merger with Emeritus Corporation; and its $1.2 billion joint venture with HCP, Inc., a REIT; and its 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; the acquisition of the Deluxe film processing and creative services business from The Rank Group Plc; the acquisition of Faneuil, Inc., a privately held government services provider; the 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; and 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 percent 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; and
  • Deutsche Bank AG in a number of transactions, including the acquisition of Dresdner Bank AG’s global agency securities lending business and the acquisition of Hedgeworks LLC, a hedge fund administrator.

Credentials

Education

  • J.D., Fordham University School of Law, 2002 (magna cum laude; Fordham Law Review; Order of the Coif)
  • B.A., New York University, 1999 (cum laude)

Admissions

  • New York

Peter D. Serating

Partner, Mergers and Acquisitions
peter.serating@skadden.com