Elizabeth Johnson is an associate in the firm’s private capital transactions group. She represents private equity sponsors and their portfolio companies in connection with a broad range of transactions, including mergers and acquisitions, leveraged buyouts, and equity investments matters.

Prior to joining Ropes & Gray, Elizabeth was a finance associate at another large international law firm, where she represented lenders in a variety of private credit transactions.

During law school, Elizabeth served as a student attorney for the Boston College Community Enterprise Clinic and as a senior editor of the Boston College Law Review

Experience

  • Represented Audax Private Equity and its portfolio companies in a number of transactions, including:
    • carve-out acquisition of Avantor’s (NYSE:AVTR) clinical services business, Resonant Clinical Solutions, which offers supply chain solutions for clinical trials and laboratories.
    • acquisition of a majority stake in Lanter Delivery Systems, a provider of logistics solutions.
    • acquisition of Mosaic Dental Collective, a leading dental services organization (DSO).
    • acquisition of Salon Lofts, a developer and operator of company-owned salon suites.
    • add-on acquisition of HealthScape Advisors, a provider of managed care consultancy services to healthcare providers, by Audax portfolio company Chartis Group.
    • sale of Colony Hardware, a direct-to-jobsite distributor of construction tools, materials and supplies.
    • sale of Liquid Environmental Solutions, a provider of non-hazardous liquid waste removal services.
    • sale of Alliance Ground International, a provider of airline cargo handling services.
    • sale of United Urology Group, a urology physician practice management company.
    • sale of a majority stake in Chartis Group, a healthcare consulting and advisory firm.
  • Represented Bain Capital Double Impact in its investment in American College of Education, an operator of a private for-profit online college.
  • Represented Bain Capital and its portfolio company Dessert Holdings, North America’s premium dessert company, in its add-on acquisition of Kenny’s Great Pies, a premier manufacturer of cream-based pies.
  • Represented Kohlberg & Company and its portfolio company ENTRUST Solutions Group, a consulting and engineering services firm, in its add-on acquisitions of FiberRise Communications (August 2022) and Magellan Advisors (November 2022).
  • Represented Kohlberg & Company in its sale of a majority stake of U.S. Retirement & Benefits Partners, a financial services firm specializing in employee benefits and employer-sponsored retirement plans.
  • Represented Kohlberg & Company in its $2.4 billion sale of ENTRUST Solutions Group, a consulting and engineering services firm.
  • Represented TSG Consumer in its $1.3 billion sale of Joe Hudson’s Collision Center, a provider of car collision repair services, to Boyd Group Services.
  • Represented Tecomet, Inc., together with certain of its affiliates, in the refinancing of its approximately $1 billion capital structure, including through the provision of a new revolving credit facility and privately placed first-lien term loan. Tecomet is a global leader in the design, development, and manufacture of orthopedic, robotic assisted, and minimally invasive surgical products, as well as precision components for the aerospace and defense industry.
  • Represented Hy-Tek Intermediate, a portfolio company of Dunes Point Capital, in connection with the refinancing of its term loan and revolving credit facilities.

Areas of Practice