Ariel J. Deckelbaum

Mergers & Acquisitions

Ariel’s recent mergers and acquisitions experience includes numerous high-profile representations, including advising:

• Nippon Steel, Japan’s largest steelmaker, in its $14.1 billion pending acquisition of U.S. Steel.
• TeraWulf Inc. in its business combination with IKONICS Corporation.*
• iStar Inc. in the sale of its net lease business to The Carlyle Group.*
• Advance, a founder and major shareholder of Discovery, in the Reverse Morris Trust transaction that will combine AT&T’s WarnerMedia business with Discovery.*
• Legendary Entertainment in its investment by Apollo.*
• Lehigh Hanson, the U.S. affiliate of HeidelbergCement, in the sale of its U.S. West region business to Martin Marietta Materials and its acquisition of Corliss Resources.*
• Conair Corporation in its sale to affiliates of American Securities and in the sale of its professional liquids division to Transom Capital Group.*
• Altimar Acquisition Corp. II in its combination agreement with Fathom Digital Manufacturing Corporation.*
• InnovaCare Health in its sale to a consortium of investors led by Summit Partners.*
• Xerox Corporation in its terminated combination with Fuji Xerox, a joint venture between Xerox and Fujifilm.*
• Holiday Retirement in its sale by Fortress to Atria Senior Living and Welltower.*
• Ply Gem Holdings in its acquisition by Clayton, Dubilier & Rice.*
• Time Warner Cable in its merger with Charter Communications, its terminated stock-for-stock merger with Comcast, its acquisitions of Insight Communications Company and Navisite, and its separation from Time Warner, among others.*
• Jeffrey Katzenberg in DreamWorks Animation's acquisition by Comcast.*
• TAO Group in the sale of a majority stake to The Madison Square Garden Company.*
• HCP in the spin-off of its HCR ManorCare portfolio into an independent, publicly-traded REIT.*
• HRG Group Inc. in connection with the acquisition of Fidelity & Guaranty Life by CF Corporation.*
• EXOR in its successful unsolicited cash bid for PartnerRe and in its sale of Cushman & Wakefield.*
• RSC Holdings in its merger with United Rentals.*
• Universal American in its acquisition of APS Healthcare, the sale of its Medicare Part D Business to CVS/Caremark and the sale of Universal American to WellCare Health Plans.*

Private Equity and Investment Management

Ariel’s private equity, investment management and other private company representations have included advising:

• General Atlantic in its acquisition of Iron Park Capital Partners, LP for the formation of General Atlantic Credit (GA Credit).*
• Baring Private Equity Asia in its sale to EQT.*
• Oak Hill Capital in connection with a minority investment by Stonyrock and a subsequent secondary investment by Wafra.*
• Oak Hill Advisors in its sale to T. Rowe Price.*
• Fortress in its acquisition of non-technology assets from Colony Capital.*
• Altimar Acquisition Corporation in its business combination with Owl Rock Capital Group and Dyal Capital Partners to create Blue Owl Capital.*
• EagleTree Capital in securing a structured financing investment from affiliates of AlpInvest Partners and Alberta Teachers’ Retirement Fund Board and minority equity investments from affiliates of Misland Capital and Bullingham Capital.*
• Imagine Entertainment in connection with an investment in the company by The Raine Group.*
• Oak Hill Capital Partners in its investments in Duane Reade and WaveDivision Holdings.*
• Wesley R. Edens and Marc Lasry in their purchase of the Milwaukee Bucks.*
• TowerBrook Capital Partners in its sale of Wilton Brands, its acquisition of J.Jill, and in its investment in Broadlane and subsequent sale to MedAssets.*
• The principals of Fortress in connection with the sale of Fortress Investment Group to SoftBank Group.*
• Avenue Capital Group in its sale of a minority interest to Morgan Stanley.*
• KPS Capital Partners in connection with an investment in KPS by Dyal Capital Partners.*
• Nomura in its minority investment in Fortress Investment Group.*

Cross-Border Representations

Ariel’s cross-border representations have included advising:

• Givaudan in its acquisitions of a portfolio of cosmetic ingredients from Amyris, Custom Essence, Ungerer Industries, the Spicetec Flavors & Seasonings business divested by ConAgra Foods and DDW, The Color House.*
• Nippon Steel & Sumitomo Metal Corporation in various strategic partnerships and investments, including several joint ventures with Vallourec S.A.*
• Itron in the sale of its global gas regulator and European C&I gas metering and stations business to Dresser Utility Solutions.*
• Transtelco in its acquisition of Maxcom Telecomunicaciones.*
• Shaw Communications in the sale of its subsidiary ViaWest to Peak 10 Holding Corporation.*
• Sunovion in its acquisition of Cynapsus Therapeutics.*
• Sky in its acquisition of a 60 percent stake in Jupiter Entertainment.*
• Grupo Salinas in its sale of Iusacell to AT&T.*
• Grupo Posadas in the sale of its South American hotel portfolio to Accor.*

Family Office and High Net Worth

Ariel’s experience advising high-net-worth individuals, families and family offices includes:

• Adam Neumann in the separation from WeWork, the BowX Acquisition Corp. merger with WeWork and the formation of Flow Living.*
• Daniel Humm, of Eleven Madison Park, in the separation from Will Guidara.*
• Richard Laver in the separation from Kate Farms.*
• Larry Gold in the separation from SomaLogic.*

*Prior to joining Ropes & Gray