Joshua N. Korff, P.C.
Overview
Clients note ‘Joshua is a pleasure to work with. He's extremely detail-oriented, thoughtful and very commercial.’ - Chambers USA, 2022
Josh Korff represents private equity sponsors and public companies in connection with all forms of capital markets transactions. With a focus primarily on initial public offerings, high-yield and acquisition finance and complex restructuring matters, Josh shepherds multi-million-dollar deals for Golden Flag clients in a broad spectrum of industries. Lauded by The Legal 500 U.S. as “a leader in his field,” he is often ranked first in the United States for IPO Issuer’s Lawyers by IPO Vital Signs.
Clients turn to Josh for his ability to manage challenging transactions that contain a high degree of complexity and uncertainty. They say they appreciate his efficiency and ability to take a complicated situation, translate it into understandable terms and business principles, and advise them on proceeding wisely to achieve their goals. A sharp intellect, strong work ethic, practicality, market knowledge, and top-notch communication skills combined with a unique access to valuable resources make Josh an integral part of an exceptionally capable and results-oriented finance arena legal team.
Josh brings these skills to bear for public companies while simultaneously guiding them through the tricky and ever-evolving compliance landscape that must be negotiated because of the heavier regulations governing their conduct, such as Securities Exchange Commission and Stock Exchange rules and liability laws. Josh’s experience negotiating very favorable terms in financing documents helps assuage private equity clients’ concerns about achieving optimal returns on their investments as they execute complicated transactions. For restructuring clients, Josh contributes a deep understanding of the various players, deal structures and commercial drivers that could help craft a creative and cost-effective strategy for their companies, whether it’s an overhaul of the balance sheet or a liquidation or bankruptcy filing.
Among Josh’s many accolades and honors are his selection to the 2011–2024 editions of Chambers Global, 2007 and 2010–2024 editions of Chambers USA, the 2010–2023 editions of The Legal 500 U.S., the 2012 edition of Who’s Who Legal, the 2007 and 2010–2020 editions of New York Super Lawyers, and the 2008–2009, 2011–2012 and 2018–2022 editions of IFLR1000. Additionally, he was named a 2014 Capital Markets MVP by Law360.
Experience
Representative Matters
Initial Public Offerings
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Shoals Technologies in its $1.9 billion initial public offering, the largest renewable energy IPO in history
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Array Technologies in its $1.2 billion initial public offering, the largest U.S. solar IPO in history
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Thoughtworks in its $840 million initial public offering
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Clearwater Analytics in its $621 million initial public offering
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Torrid Holdings in its $231 million initial public offering
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Aveanna Healthcare in its $459 million initial public offering
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loanDepot in its $54 million initial public offering
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Chewy in its $1.02 billion initial public offering
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WideOpenWest in its $310 million initial public offering
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Travelport Worldwide in its $450 million initial public offering
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Atento in its $300 million initial public offering
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Ladder Capital in its $259 million initial public offering
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GrubHub in its $221 million initial public offering
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Phibro Animal Health in its $220 million initial public offering
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Townsquare Media in its $144 million initial public offering
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Zoë’s Kitchen in its $101 million initial public offering
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Burlington Stores in its $261 million initial public offering
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Taminco Corp. in its $237 million initial public offering
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Burger King in its $1.44 billion re-listing on the New York Stock Exchange
High-Yield Offerings
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Vista Equity Partners in a $4 billion senior notes offering to finance its acquisition of Citrix Systems
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Investor group led by Advent International and Permira Advisers in their ~$2 billion high-yield offering for the acquisition of McAfee
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Presidio in more than $1 billion in high-yield offerings
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Owens & Minor in its $600 million high-yield offering
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Macy’s in more than $2.6 billion in high-yield offerings
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Intelsat in its $3 billion high-yield offering
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Builders FirstSource in more than $4.8 billion in high-yield offerings
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Teva Pharmaceutical Industries in more than $11 billion in high-yield offerings
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RBC Bearings in its $500 million high-yield offering
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Vericast in more than $1.6 billion in high-yield offerings
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IEA Energy Services in its $300 million high-yield offering
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US LBM Holdings in more than $1.2 billion in high-yield offerings
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Restaurant Brands International in more than $10.5 billion in high-yield offerings
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Ladder Capital Corp. in more than $2.5 billion in high-yield offerings
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Allied Universal in more than $7 billion in high-yield offerings
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TKC Holdings in its $1.1 billion high-yield offering
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Imperial Dade in its $660 million high-yield offering
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Neiman Marcus in its $1.1 billion high-yield offering
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Interior Logic in its $300 million high-yield offering
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Avis Budget Group in more than $7.5 billion in high-yield offerings
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loanDepot in more than $1 billion in high-yield offerings
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PetSmart in its $2.35 billion high-yield offering
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Truck Hero in its $600 million high-yield offering
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Radiology Partners in more than $1.5 billion in high-yield offerings
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Dealer Tire in its $500 million high-yield offerings
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American Bath in its $335 million high-yield offering
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Avaya in its $1 billion high-yield offering
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Nexstar Media Group in more than $3 billion in high-yield offerings
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Grubhub in its $500 million high-yield offering
Mergers & Acquisitions
- The Special Committee of the Board of Directors of Safehold in connection with Safehold’s $6.4 billion strategic merger with its controlling shareholder iStar and related spinoff of iStar assets into a new publicly traded company
- Naver Corporation in connection with the acquisition by its subsidiaries, LINE Digital Frontier Corporation and WEBTOON Entertainment, of eBOOK Initiative Japan Co.
- Blackstone Tactical Opportunities in its investment in VNET Group through the purchase of $250 million convertible notes
- Black Rifle Coffee Company in its $1.7 billion business combination with SilverBox Engaged Merger Corp I
- Blackstone in its:
- combined $800 million investment, along with Viking Global Investors, in the combination of APi Group Corp. and Chubb Fire & Security Business
- $820 million investment in NCR Corp.
- Inmarsat and its controlling consortium on the $7.3 billion combination with Viasat
- Alight Solutions in its $7.3 billion business combination with Foley Trasimene Acquisition Corp.
- KORE Wireless Group in its $1 billion business combination with Cerberus Telecom Acquisition Corp.
- Genius Sports Group in its $1.5 billion business combination with dMY Technology Group, Inc. II
- Starwood Capital Group in its:
- $800 million private placement investment in BowX Acquisition Corp.'s $9 billion business combination with WeWork
- $155 million private placement investment in Fifth Wall Acquisition Corp. I’s $2.2 billion business combination with SmartRent
- $6 billion joint acquisition, together with Blackstone Real Estate Partners, of Extended Stay America and its related 50/50 joint venture with Blackstone
- sale of Mammoth Resorts to Aspen Skiing Company and KSL Capital Partners
- Centerbridge Partners in its acquisition of American Bath Group
- Apax Partners in its:
- $571 million take-private acquisition of Bankrate
- $400 million investment in Verint Systems
- acquisitions of One Call Care Management and Align Networks
- Avaya Holdings Corp. in its strategic partnership with RingCentral
- KKR in its $22 billion merger of Fiserv and First Data Corporation
- Nexstar Broadcasting Group in its:
- $6.4 billion acquisition of Tribune Media, creating the largest local television broadcaster and local media company
- $4.6 billion acquisition of Media General, ending a six-month public takeover battle during which Nexstar jumped Media General’s previously announced transaction with Meredith Corp.
- WellCare Health Plans in its $2.5 billion acquisition of Meridian Health Plans
- Bain Capital and Viewpoint in the $1.2 billion sale of Viewpoint to Trimble
- Special Committee of the Board of Directors of Spectrum Brands in connection with the $10 billion merger of Spectrum Brands and HRG Group
- ABRY Partners in its $2.25 billion sale of RCN Telecom Services and Grande Communications Networks
- Vista Equity Partners-backed Misys in its C$4.8 billion take-private and combination with Canada-based financial technology firm DH Corp.
- The Carlyle Group in the $175 million investment made by SEACOR Marine Holdings
- Burger King Worldwide in connection with its $11.4 billion merger transaction with Tim Hortons
- 3G Capital Partners in connection with its $28 billion acquisition, along with Berkshire Hathaway, of the H.J. Heinz Co. and subsequent merger of Heinz with Kraft Foods Group
- Clearwire Corp. in Sprint’s acquisition of the stake in Clearwire which Sprin does not already own, implying a $14 billion enterprise value for Sprint and the unsolicited competing offer for Clearwire by DISH Networks
Prior Experience
More
Thought Leadership
Seminars
"Evolving Convertible Bond Strategies for Corporates," Golden Flag Seminar, November 17, 2020
Credentials
Admissions & Qualifications
- 1994New York
Education
- New York University School of LawJ.D.1993Staff Editor, Journal of International Law and Politics
- Dartmouth CollegeA.B.1990Citation in Mathematics