Overview
A partner in the Transactions Practice Group, Frank Steinherr is a co-head of the Firm’s Private Equity Group.
Frank is a nationally recognized mergers and acquisition attorney who focuses his practice on private equity investments. He represents private equity clients in all aspects of their investments in portfolio companies, from acquisition through exit. Frank has extensive experience advising private equity clients and their portfolio companies in both private and public mergers and acquisitions, including leveraged buyouts, traditional purchase and sale transactions, strategic mergers, joint ventures, restructuring and recapitalization transactions. He also has significant experience representing clients in take-private transactions and carve-out transactions.
Frank is often invited to write and speak on topics of interest to the private equity community. He recently co-authored “Practical Considerations for Carve-Out Transactions” for The M&A Lawyer and “Five Tips to Making Your Carve-Out Transaction a Success” for The Corporate Counselor. His recent speaking engagements include presenting on trends in private equity deal terms and strategies, minimizing post-acquisition disputes, and structuring winning bids in a competitive environment.
Results
A sampling of Frank’s recent experience includes representation of:
Wellspring Capital Management in its:
- acquisition of Cadence Petroleum Group
- sale of its portfolio company Help At Home LLC to Centerbridge Partners
- acquisition by its portfolio company Center For Diagnostic Imaging of U.S. MRI
- acquisition of Paragon Films
- acquisition by its portfolio company Center For Diagnostic Imaging of Smart Choice MRI
- acquisition of Lucky Strike Entertainment LLC
- acquisition of Center For Diagnostic Imaging
- acquisition by its portfolio company Help At Home LLC of Coastal Home Care, LLC and Altrus, LLC
- acquisition by its portfolio company United Sporting Companies of AcuSport Corporation
- sale of its portfolio company Dave & Buster’s Inc. to Oak Hill Capital Partners
- acquisition by its portfolio company Packaging Solutions Holdings in connection with the acquisition of Excel Pac
- acquisition of Great Lakes Caring
- acquisition of HealthPro Heritage
Gemspring Capital in its:
- acquisition of Shrieve Chemical Company
- acquisition by its portfolio company Crafty Apes of CVD VFX
- acquisition of Cforia
- acquisition by its portfolio company TMP Worldwide Advertising & Communications of Maximum
- acquisition by its portfolio company TMP Worldwide Advertising & Communications of Carve
- acquisition of Crafty Apes
- acquisition by its portfolio company TMP Worldwide Advertising & Communications of Perengo
- acquisition of Bobit Business Media
- acquisition of TMP Worldwide Advertising & Communications
- acquisition of Valant Medical Solutions
General Atlantic in its:
- investment in Ginkgo Bioworks, Inc
- investment in Immunocore Limited
- investment in Motif Ingredients
- investment in Path AI
Staple Street Capital in its:
- acquisition by its portfolio company Cyberlink ASP Technology of AirDesk
- acquisition by its portfolio company Cyberlink ASP Technology of the Microsoft Hosting Division of Turnkey Technologies
- acquisition of Cyberlink ASP Technology
BioSpring in its:
- investment in Abzena PLC
Kohlberg & Co. in its:
- acquisition of Bauer Hockey from NIKE, Inc. (NYSE: NKE)
- acquisition of SouthernCare, Inc.
- acquisition by its portfolio company Bauer Hockey of Mission –ITECH Hockey
KPS Capital Partners in its:
- acquisition of Paladin Brands Holding, Inc. from Dover Corporation (NYSE: DOV)
- acquisition of Crenlo LLC from Dover Corporation (NYSE: DOV)
- sale of its portfolio company HHI Group Holdings to American Securities
- acquisition of American & Efird, Inc. in a carve-out transaction from Ruddick Corporation (now Harris Teeter Supermarkets (NYSE: HTSI))
- acquisition of Thilmany Papers from Packaging Dynamics Corporation and substantially all of the assets related to the specialty paper business of Wausau Paper Corp. (NYSE: WPP) from Wausau Paper Corp. in a dual carve-out and roll-up acquisition
- acquisition of Robert Bosch’s global automotive foundation brakes business
- acquisition by its portfolio company Motor Coach Industries International of Daimler AG’s Setra motor coach business in the United States and Canada and the establishment of a strategic partnership with Daimler AG
- acquisition by its portfolio company American & Efird Global of Gutermann Holding SE
Elliott Associates, L.P. in its:
- acquisition of MSC Software Corporation together with Symphony Technology Group
- unsolicited offer to acquire Novell Inc.
Harbinger Group Inc. in its:
- conventional oil and natural gas partnership with EXCO Resources (NYSE: XCO)
Cerberus Capital Management in its:
- acquisition by its portfolio company Keane Group of substantially all of Trican Well Service Ltd.’s U.S. assets
Fireman Capital in its:
- sale of its portfolio company Skip Hop, Inc.
H.I.G. Capital in its:
- acquisition of Recochem, Inc.
Castle Harlan Inc. in its:
- sale by its portfolio company, Baker & Taylor, of its academic library business, YBP Library Services, to EBSCO Publishing, Inc.
- sale by its portfolio company, Baker & Taylor, of its US-based wholesale membership club book distribution business, Baker & Taylor Marketing Service, to Readerlink Distribution Services, LLC
- sale of its portfolio company Bookmasters to Follett Corporation
- sale of its portfolio company Baker & Taylor to Follett Corporation
Recognitions
- The Legal 500 US
Credentials
Education
New York University School of Law, LLM, 2003
University of Oxford, LLB, 2002
Brunel University, MA, 2000
College of William and Mary, BA, 1999
Admissions
New York
