Blair Thetford focuses on mergers and acquisitions, private equity, securities transactions and general corporate matters.

Bio

Mr. Thetford has represented strategic and financial clients on a variety of U.S. and cross-border acquisitions and dispositions, investments, joint ventures, restructurings, spin-offs, initial public offerings and REIT transactions. He regularly advises clients on shareholder activism, takeover preparedness, securities laws, SEC disclosure and corporate governance matters. Mr. Thetford also represents investment banks as financial advisors in M&A transactions.

Mr. Thetford has represented a diverse range of clients in a broad range of industries, including:

  • Fortress Investment Group LLC in a variety of matters, including its:
    • $3.3 billion acquisition by SoftBank Group Corp.;
    • $250 million sale of Logan Circle Partners, Fortress’ traditional asset management business, to MetLife, Inc.;
    • prior acquisition of Logan Circle Partners from Guggenheim Capital;
    • sale of its majority stake in Abercrombie & Kent Group of Companies, S.A. to Zhonghong Holdings;
    • 80 percent acquisition of American General Finance Inc. from AIG; and
    • sale of Iroko Holdings, LLC;
  • Wes Edens, founder of Fortress Investment Group and owner of the Milwaukee Bucks, in his joint investment with Nassef Sawiris in Aston Villa Football Club;
  • Becton, Dickinson and Company in its $24 billion acquisition of C. R. Bard, Inc.;
  • HCP, Inc. (a REIT) in various transactions, including its:
    • spin-off of Quality Care Properties, Inc., a publicly traded REIT; and
    • $6.1 billion acquisition of the real estate assets of HCR Manor Care from The Carlyle Group;
  • Vanguard Health Systems, Inc. in its $4.3 billion acquisition by Tenet Healthcare Corporation;
  • Life Time Fitness, Inc. in its $4 billion acquisition by Leonard Green & Partners and TPG Capital and its exploration of a spin-off of its real estate assets into a REIT;
  • Brookdale Senior Living Inc. in a number of transactions, including its:
    • $2.8 billion merger with Emeritus Corporation; and
    • $1.2 billion joint venture with HCP, Inc.;
  • Danaher Corporation in numerous M&A matters, including:
    • a $2.6 billion Reverse Morris Trust transaction involving the merger of its communications business with NetScout Systems, Inc.;
    • its acquisition of Devicor Medical Products; and
    • its $300 million acquisition of Keithley Instruments, Inc.;
  • RailAmerica, Inc. in its $2.8 billion acquisition by Genesee & Wyoming Inc.;
  • SeaCube Container Leasing Ltd. in its $1.8 billion acquisition by Ontario Teachers’ Pension Plan;
  • Emeritus Corporation in the sale by its joint venture with Blackstone Real Estate Partners of $1.8 billion worth of senior housing communities to HCP, Inc.
  • Intrawest Resorts Holdings, Inc. in its $1.5 billion acquisition by Aspen Skiing Co, LLC and KSL Capital Partners, LLC;
  • OneMain Holdings, Inc. in the $1.5 billion acquisition of a 40 percent stake by an investor group led by Apollo Global Management, LLC and Värde Partners, Inc.;
  • New Residential Investment Corp. (a REIT) in its:
    • $1.4 billion acquisition of Home Loan Servicing Solutions, Ltd.; and
    • $212 million acquisition of Shellpoint Partners LLC;
  • Holiday Retirement Corporation in its:
    • sale of a $1 billion senior housing portfolio to Newcastle Investment Corp.; and
    • sale of a $790 million senior housing portfolio to Ventas, Inc.;
  • York Capital Management in its sale of The Bay Club Company to KKR;

  • affiliates of MSX International, Inc. in connection with its acquisition by Bain Capital;
  • Darden Restaurants, Inc. in the spin-off of Four Corners Property Trust, Inc., a publicly traded REIT;
  • Aircastle Limited in the PIPE investment made in it by Marubeni Corporation; and
  • Och-Ziff Capital Management Group LLC in connection with various corporate and financing matters.

Mr. Thetford has advised various public companies in connection with activist investor matters, including Brookdale Senior Living Inc. (Sandell Asset Management), New Senior Investment Group Inc. (Levin Capital Strategies) and Newcastle Investment Corp. (BLR Partners).

He also has advised a number of issuers in connection with initial public offerings, including Moelis & Company, One Main Holdings, Inc. (formerly Springleaf Holdings, Inc.), SeaCube Container Leasing Ltd. and RailAmerica, Inc.

Credentials

Education

  • J.D., Fordham University School of Law, 2008 (Member, Fordham Law Review)
  • B.A., University of California, Berkeley, 2001

Admissions

  • New York

Blair T. Thetford

Partner, Mergers and Acquisitions
blair.thetford@skadden.com