Sarah Young advises technology and technology-enabled companies on their most consequential transactions — from billion-dollar acquisitions to complex divestitures and transformative mergers. As global co-chair of Ropes & Gray’s technology industry group and a partner in mergers & acquisitions, she brings a practitioner’s understanding of how companies are built, bought and sold across the full technology stack and beyond.
Sarah is particularly recognized for cross-border and tech-sector M&A, and for advising boards and special committees on complex strategic decisions. She advises leading public and private companies, private equity sponsors and founder-led businesses across technology, healthcare and life sciences, consumer, energy and media.
Experience
Technology & Software
- HP Inc. – counsel across multiple strategic transactions, including: its acquisition of AI capabilities and the Cosmos platform from Humane; its acquisition of Vyopta, a provider of collaboration management solutions; its $3.3 billion acquisition of Poly Inc., an audio and video device maker; its acquisition of Teradici, a provider of global remote computing software; its $425 million acquisition of HyperX, the former gaming division of Kingston Technology; and its sale of Plamex and related assets.
- Nexthink – the leader in Digital Employee Experience management, in its $3 billion majority investment by Vista Equity Partners.
- Veeam Software – the leader in backup solutions for cloud data management, in the $5 billion sale to Insight Partners.
- Mentor Graphics – in the $4.5 billion acquisition by Siemens AG.
- Microsemi Corporation – in the successful $2.5 billion “deal jump” for PMC-Sierra, resulting in the termination of PMC-Sierra’s existing merger agreement with Skyworks Solutions.*
- Qorvo – in the sale of its United Silicon Carbide subsidiary and silicon carbide JFET technology business to onsemi.
- Haveli Investments in its $350 million take private of ZeroFox Holdings, Inc., a leading provider of external cybersecurity solutions.
- S&P Global – in the sale of S&P Global Energy’s geoscience and petroleum engineering software portfolio to SLB.
- Cinven in its $720 million acquisition of TaxAct, a leading online tax preparation software provider.
- DigitalGlobe – a leading provider of high-resolution satellite Earth imagery, data and analysis, in the $3.6 billion sale to MacDonald, Dettwiler and Associates Ltd.*
- MakerBot Industries – the desktop 3D printer manufacture, in its $600 million sale to Stratasys.*
- Dealertrack Technologies – in the $4 billion sale to Cox Automotive.*
- Honeywell International – in its cross-border acquisition of Aviaso, an international aviation software company.*
Consumer, Retail & Media
- OLAPLEX – the global manufacturer of consumer and industrial brands and Advent International portfolio company, its is pending $1.4 billion sale to Henkel
- Dunkin’ Brands Group – one of the leading quick service restaurant franchisors, including Dunkin’ and Baskin-Robbins, in its $11.3 billion sale to Inspire Brands.
- The Michaels Companies – in its $5 billion sale to investment funds managed by affiliates of Apollo Global Management.
- Atlantic Media / Bradley Media – across multiple strategic transactions, including its sale of a majority stake in The Atlantic to Emerson Collective (founded and run by Laurene Powell Jobs); its sale of Quartz Media to Uzabase, a publicly traded Japanese business intelligence company; and its sale of a controlling interest in Government Executive Media Group.
- America’s Test Kitchen – the leading food and culinary media business, in its sale to Marquee Brands.
- Regis Corporation – in its sale and subsequent franchising of substantially all mall-based salons and U.K. businesses.
- Ashley Stewart – in a sale of a controlling interest in the global lifestyle brand to an affiliate of The Invus Group from affiliates of Clearlake Capital Group and FirePine Group.*
- Ticketfly – a live events technology company, in its $450 million sale to Pandora.*
Energy & Industrials
- EnergySolutions – the international nuclear services company, in its pending definitive agreement to be acquired by Energy Capital Partners; and its acquisition of certain assets and liabilities of Williams Industrial Services Group, a provider of infrastructure-related services across energy and industrial end markets.
- Proterial Ltd. – a leader in high performance materials and Bain Capital portfolio company, in its sale of Waupaca Foundry, the world’s largest iron manufacturer, to Monomoy Capital Partners.
- Wieland-Werke – the leading global specialist for copper and copper alloys, in its $1.2 billion acquisition of Global Brass and Copper Holdings.
- Milacron Holdings – the global industrial leader in injection molding and extrusion solutions, in its $2 billion cash and stock merger with Hillenbrand.
- Celanese Corporation – a leader in chemical and specialty materials, in its acquisition of the nylon compounding division of Nilit B.V.
- Champion Enterprises Holdings – in its reverse merger with Skyline Corporation to create the nation’s largest publicly traded factory-built housing company.
Healthcare & Life Sciences
- The Special Committee of CNL Healthcare Properties – in connection with CHP’s strategic merger with Sonida Senior Living, implying a total enterprise value of $3 billion.
- Gilead Sciences – across multiple strategic transactions, including its $1.74 billion exclusive option to acquire Pionyr Immunotherapeutics (inclusive of a $275 million equity investment and up to $1.15 billion in potential milestone payments); and its $1.55 billion exclusive option to acquire Tizona Therapeutics (inclusive of a $300 million equity investment and up to $1.25 billion in option fees and milestone payments).
- TESARO – in its $5.1 billion sale to GSK.
- G1 Therapeutics – it its $405 million sale to Pharmacosmos Therapeutics.
- Applied Therapeutics – in its sale to Cycle Group Holdings Limited.
- Vapotherm – in its sale to a newly-formed entity funded by Perceptive Advisors.
- Surgery Partners – in its acquisition of National Surgical Healthcare and related issuance of new preferred stock to Bain Capital.
*Matters completed before joining Ropes & Gray
