Strategic Intellectual Property for Private Equity and M&A

We are consistently recognized among the top practitioners in intellectual property transactions and licensing, with honors reflecting our impact on high-value collaborations and strategic transactions.

• Chambers USA – Intellectual Property
• The Legal 500 US – Intellectual Property
• Chambers USA – Corporate/M&A: The Elite, Private Equity: Buyouts: High-end Capability, and Private Equity: Buyouts: Mid-Market
• The American Lawyer – Dealmakers of the Year (2020-2024, 2026)
• Managing IP Americas Awards – IP Transactions Firm of the Year (2023, 2025)
• The Global IP Awards – United States Transactions Firm of the Year (2024)
• American Lawyer’s California Legal Awards (2024)
• Managing IP Americas Awards “IP Transactions Firm of the Year” (2023, 2025)
• Super Lawyers Rising Star (2020-2024)
• IAM Patent 1000: The World's Leading Patent Practitioners (2019-2024)
• MergerLinks “Top Intellectual Property Lawyers in North America” (2023, 2019)

We advise private equity sponsors, strategic acquirers, and portfolio companies on the intellectual property dimensions of mergers, acquisitions, carve-outs, and divestitures, ensuring that IP assets are properly valued, protected, and leveraged throughout the deal lifecycle.

• Advent International in its $12.75 billion minority investment in Fisher Investments.
• Altimeter Growth Corp. in its $39.6 billion merger with Grab Holdings.
• Arcline Investment Management on its pending $2.2 billion acquisition of Novaria Group, a provider of engineered aerospace components.
• Arctic Wolf Networks in its acquisition of Rank Software.
• Audax in its carve-out acquisition of Avantor's clinical services business, providing supply chain solutions for clinical trials and laboratories.
• Bain Capital:
  • in the $5.6 billion acquisition of PowerSchool Holdings, Inc., a leading provider of cloud-based software for K-12 education.
  • in its agreement to acquire SOLitude Lake Management, LLC and its Vertex Aquatic Solutions division from Rentokil Initial plc (FTSE/NYSE: RTO).
  • in the acquisition of the scientific solutions and microscope business of Olympus Corporation.
• Becton Dickinson & Company in its $1.525 billion acquisition of Parata Systems, a pharmacy automation technology provider.
• Bloomberg in its acquisition of Broadway Technology.
• Cardinal Health:
  • in its $1.115 billion acquisition of Integrated Oncology Network.
  • in its $1.2 billion acquisition of Specialty Networks.
• Charlesbank Capital Partners in its acquisition of Titan Cloud Software, a SaaS platform for environmental and operational solutions.
• Commonwealth Financial Network in its $2.7 billion acquisition by LPL Financial.
• ContextLogic Holdings Inc. and its applicable subsidiaries in a definitive agreement to acquire gChem (Gaylord Chemical) from investment funds managed by EagleTree Capital and their co-investors in a transaction valuing gChem at an enterprise value of $850 million.
• Coupa Software in its $1.5 billion acquisition of Llamasoft and acquisition of ConnXus.
• CrowdTwist and Moat in sales to Oracle.
• DIRECTV in an agreement to acquire EchoStar's video distribution business DISH, including DISH TV and Sling TV, through a debt exchange transaction.
• Dragoneer Investment Group as part of a consortium in a $5.52 billion agreement to acquire Steadfast Group (SDF.AX), Australia’s largest general insurance broker network.
• Envestnet, a Bain Capital portfolio company, in its definitive agreement to acquire Vestmark, a premier provider of portfolio management technology, institutional-grade trading, and outsourced investment management services.
• EQT:
  • in its acquisition of global secondaries firm Coller Capital.
  • in its agreement to acquire Avetta, a global leader in supply chain risk management software, from Welsh, Carson, Anderson & Stowe.
• Genstar Capital:
  • in its approximately $7 billion definitive agreement to sell the firm’s longstanding client First Eagle Investments to Victory Capital Holdings, Inc.
  • in its acquisition of Docupace, a software platform streamlining back-office operations for wealth management enterprises.
  • in its significant investment in AffiniPay, a practice management software and embedded payments platform
  • in its all-cash sale of 2-10 Home Buyers Warranty to Frontdoor.
  • in its majority investment in Flourish Research, a multi-site clinical trial organization.
• GI Partners:
  • in its acquisition of Atlas Technical Consultants, a provider of infrastructure and environmental solutions.
  • in its acquisition of GTY Technology Holdings Inc., a cloud-based technology services provider.
• H.I.G. Capital in the structuring and acquisition of Avient Corporation's distribution business and re-branding of the divested business.
• HP Inc. in its $3.3 billion acquisition of Poly, Inc., a leader in video conferencing and collaboration technology.
• Johnson & Johnson in its up to $1.7 billion acquisition of V-Wave, Ltd.
• Kenna Security in its sale to Cisco Systems.
• Kohlberg & Company:
  • in the sale of a majority stake in GPRS Holdings to Roark Capital.
  • in the acquisition of Riveron, a business advisory firm.
  • in the acquisition of Yantra, a technology and advisory services provider.
• Longview Acquisition Corp. in its $1.5 billion business combination with Butterfly Network.
• MACOM Technology Solutions Holdings, Inc. in its acquisition of Wolfspeed RF business.
• Managed by Q and Conductor in sales to WeWork.
• Medtronic in its acquisition of Companion Medical, developer of a smart insulin pen system.
• NEOS Investments, a specialized provider of systematic option income exchange-traded funds (ETFs), in an agreement to be sold to Goldman Sachs Asset Management.
• Nexthink in its $3 billion majority investment by Vista Equity Partners.
• Nippon Steel Corporation in its $14.9 billion acquisition of U.S. Steel.
• Npm and Semmle in sales to GitHub/Microsoft.
• Nuvalent Inc., a clinical-stage biopharmaceutical company focused on creating precisely targeted cancer treatments, in a $10.6 billion agreement to be acquired by GSK.
• Qorvo in the $115 million sale of its United Silicon Carbide subsidiary to onsemi.
• Ripple Fiber in its acquisition by Eaton Fiber, an affiliate of Tillman Global Holdings, funded through a $1.5 billion investment by Bain Capital and Tillman Global Holdings.
• Silver Lake Partners as lead investor in Noom, Inc.'s $540 million Series F funding round.
• Souq.com in its sale to Amazon.
• TA Associates in its acquisition of Community Brands divisions to form Momentive Software, a cloud-based nonprofit software platform.
• TPG Capital:
  • in its $2.2 billion acquisition of ClaimsXten, Change Healthcare's claims payment and editing business, from UnitedHealth Group.
  • in the add-on acquisition of ClaimShark, an enterprise payment integrity management platform.
• TSG Consumer Partners:
  • in its acquisition of a majority stake in Radiance Holdings, a beauty, wellness, and self-care platform.
  • in its significant minority investment in The Wrench Group, a residential services platform.
  • in its acquisition of Wave Wash.
• Varsity Healthcare Partners in its strategic investment in VetEvolve, a veterinary care platform with 100+ veterinarians across 32 clinics.
• Welsh, Carson, Anderson & Stowe as part of a consortium in the $3.9 billion take-private of Select Medical Holdings Corporation.
• Xerox Holdings Corporation in its $1.5 billion acquisition of Lexmark International.