Goodwin’s Public M&A team advised on five of the most prominent deals in the hospitality, tech and life sciences industries over the past two months. These transactions were widely reported in the media and showcase Goodwin’s cross-industry capabilities and continuing growth in the robust public M&A market.
- The firm advised Foundation Medicine (NASDAQ: FMI) in connection with the acquisition by Roche of the approximately 45% of Foundation that Roche does not already own, for a total transaction value of $2.4 billion. The cross-disciplinary team was led by partners Stuart Cable and Lisa Haddad and included partners Daniel Lang, Arthur McGivern, Blake Liggio, Michael Patrone, Kingsley Taft, Natascha George, Lynda Galligan, Daniel Karelitz, Paul Jin, Deborah Birnbach, Caroline Bullerjahn and William Harrington, counsels Brian Mukherjee, Ai Tajima and associates Sam Davis and Michael Cohen.
- Represented PTC (NASDAQ: PTC) in its strategic partnership with Rockwell Automation. Under the terms of the agreement announced in June, Rockwell made a $1 billion equity investment in PTC by acquiring 10,582,010 shares at a price of $94.50 per share and also entered into a strategic alliance agreement with PTC. The cross-disciplinary team was led by partners Stuart Cable, Stephen Charkoudian, Robert Whalen and Lisa Haddad with assistance from partners Andrea Murino, Paul Jin, Michael Patrone, James Matarese and Adam Small, counsels Kirby Lewis and Todd Hahn, and associates Peter Hart, Aaron Chan, Christopher Versfelt and Yasin Akbari.
- Goodwin advised Juniper Pharmaceuticals (NASDAQ: JNP) on its announced sale to Catalent for $11.50 per share or approximately $139.6 million in total equity value. The all-cash transaction is expected to close in the third quarter of 2018. The team was led by Michael Bison, Stuart Cable, and James Matarese.
- Goodwin counseled Keryx Biopharmaceuticals (NASDAQ:KERX) in its definitive merger agreement with Akebia Therapeutics under which the companies will combine in an all-stock merger valued at approximately $1.3 billion. The team was led by partners Stuart Cable and Jacqueline Mercier and associate Yasin Akbari. and included partner Deborah Birnbach, associates Leo Martin, Rob Intile, Jr., Fabiola Valenzuela and Morgan Mordecai.
- Goodwin assisted Blackstone’s interest in LaSalle Hotel Properties (NYSE: LHO) in a transaction with a potential value of $4.8 billion. The team was led by partners Joseph Johnson and Andrew Goodman.
Goodwin’s global Mergers and Acquisitions practice has extensive experience guiding clients through both public and private transactions of all types including leveraged buyouts, tender offers, spinoffs, divestitures and go-privates. The practice currently ranks among the top five advisors for global mergers and acquisitions by volume. Goodwin also ranks among the top two advisors for mergers and acquisitions in the U.S. by volume for the first quarter of 2018.