The Week at Ropes & Gray: Audax Announces Two Deals; Arsenal Capital Partners to Acquire Hopebridge; Key Findings from LGBT+ Self-ID Report; Videos from Our Value-Based Health Care Event; Recognition for Women Partners; Praise from FT Asia; Firm Named 2019 Pro Bono Honoree by Asian Law Caucus
Below are weekly highlights of what’s happening at Ropes & Gray:
- Audax Private Equity announced two significant transactions this week: the recapitalization of the Chartis Group, LLC, a provider of advisory consulting and software analytics to health care organizations, in partnership with management; and the sale of Magnitude Software, Inc., a developer of enterprise information management software, to 3i Group plc. Ropes & Gray is advising Audax Private Equity on both transactions.
- Arsenal Capital Partners announced its acquisition of Hopebridge, LLC, a provider of behavioral health services for children affected by autism. Ropes & Gray is advising Aresenal Capital Partners on the transaction.
- Ropes & Gray and Out Leadership launched a first-of-its-kind report on LGBT+ self-identification, a practice that enables companies to invite LGBT+ employees to volunteer their sexual orientation and gender identity. The report was released during Out Leadership’s 2019 U.S. Senior Leader Summit on May 2, which was hosted and co-sponsored by Ropes & Gray. In this podcast, partner Peter Erichsen and Out Leadership founder & principal Todd Sears provide an overview of key findings from the report, including the benefits organizations can derive from making LGBT+ self-ID available to their employees and colleagues, as well as key milestones and implementation challenges.
- The health care industry faces ongoing pressure to cut costs, increase efficiency, and deliver high-quality services to patients. To examine these changes, Ropes & Gray and Bloomberg Law hosted a half-day event that offered legal leaders the latest insights on creating successful value-based health care. Click here to view video of the various panels and discussions on the current regulatory framework, effective delivery and payment models, and the pivotal role of technology.
- The Financial Times named Ropes & Gray a top firm for innovation in its “Asia-Pacific Innovative Law Firms 2019” report and praised the firm for its work on major transactions for Alibaba Group and Bain Capital.
- Women lawyers at Ropes & Gray continue to garner recognition from top business and trade publications. IP Transactions partner Megan Baca has been named one of the Silicon Valley Business Journal’s “Women of Influence” for 2019. The publication profiled Ms. Baca and highlighted her work ethic and leadership in large transactions, including the complex $18 billion sale of Toshiba’s memory chip business to a Bain Capital-led consortium.
- Separately, asset management partner Melissa Bender has been named one of The Daily Journal’s “Top Women Lawyers” in California for 2019. The publication profiled Ms. Bender and her accomplishments in the hedge funds industry.
- The Asian Law Caucus, the nation’s oldest nonprofit organization dedicated to protecting the civil and other legal rights of Asian and Pacific Islander communities, honored Ropes & Gray with its 2019 Pro Bono Award. The award recognizes the firm’s pro bono impact litigation combatting coercive landlord practices affecting many low-income, non-English-speaking tenants in San Francisco’s Chinatown community. ALC documented a portion of the firm’s pro bono work in this short video.
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