Alexander M. Schwartz
Overview
Alex Schwartz is a corporate partner in the Chicago and Los Angeles offices of Golden Flag International Law Firm Alex represents issuers, sponsors and underwriters in connection with initial public offerings, direct listings, secondary equity offerings and high yield offerings as well as general corporate and securities law counseling including corporate governance, disclosure issues, periodic reporting, Section 16 reporting and stock exchange listing requirements. Additionally, Alex represents private equity sponsors and other companies in mergers and acquisitions, recapitalizations, restructurings and SPAC transactions. Alex has handled such matters on behalf of, among others, AE Industrial Partners, Ares Management, Bain Capital, Centerview Capital, GTCR, Hilco Global, Madison Dearborn Partners, Oaktree Capital, Summit Partners, Sun Capital Partners, Thomas H. Lee Partners, Vestar Capital Partners and Vista Equity Partners, as well as many of their portfolio companies.
Experience
Representative Matters
Recent Representative Equity Offerings
- Represented Agiliti, Inc. (NYSE: AGTI), a portfolio company of Thomas H. Lee Partners, and an essential service provider to the U.S. healthcare industry with solutions that help support a more efficient, safe and sustainable healthcare delivery system, in its IPO of approximately $400 million.
- Represented Diversey Holdings, Ltd. (NASDAQ: DSEY), a portfolio company of Bain Capital Private Equity, and a developer and deliverer of innovative hygiene, infection prevention and cleaning solutions that save lives and protect our environment, in its IPO and subsequent primary follow-on offering, such issuances totaling an aggregate of approximately $975 million.
- Represented Jamf Holding Corp. (NASDAQ: JAMF), the standard in Apple Enterprise Management, and a portfolio company of Vista Equity, on its IPO and subsequent follow-on offering, such issuances totaling an aggregate of over $800 million in common stock.
- Represented Ichor Holdings, Ltd. (NASDAQ: ICHR), a former portfolio company of Francisco Partners, and a leader in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment, in its IPO and subsequent follow-on offerings in an aggregate of over $200 million.
- Represented R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, in multiple offerings of its common stock by a partnership jointly owned by Ascension Health Alliance and investment funds affiliated with TowerBrook Capital Partners L.P.
- Represented Redwire Corporation (NYSE: RDW), a leader in mission critical space solutions and high reliability components for the next generation space economy, and a portfolio company of AE Industrial Partners, L.P., in its issuance of $80 million of Series A Convertible Preferred Stock.
- Represented Redwire Corporation (NYSE: RDW) in its $80 million committed equity facility.
- Represented Express, Inc. (NYSE: EXPR) in its strategic partnership with WHP Global, which included an IP joint venture valued at approximately $400 million with WHP investing $235 million and a WHP investment of $25 million to acquire Express common stock.
- Represented Express, Inc. (NYSE: EXPR), a modern, versatile, dual gender apparel and accessories brand that helps people get dressed for every day and any occasion, in its launch of an At-The-Market Equity Offering Program.
- Represented BigBear.ai Holdings, Inc. (NYSE: BBAI) in its $25 million issuance of common stock and warrants in a private placement PIPE transaction.
- Represented Vestar Capital Partners in its sale of over $400 million in Common Shares of Triton International (NYSE: TRTN) in an underwritten secondary offering.
- Represented investment funds affiliated with Thomas H. Lee Partners and Goldman Sachs in their sale of over $300 million of common stock of ABM Industries (NYSE: ABM).
- Represented U.S. Silica (NYSE: SLCA) in its underwritten primary offering of over $400 million in shares of its common stock.
- Represented John Bean Technologies Corporation (NYSE: JBTC), a leading global technology solutions provider to the food & beverage industry, in its offering of $170 million of common stock.
- Represented Oaktree Capital Management in its $85 million PIPE investment in SunOpta Inc. (NASDAQ: STKL).
Recent Representative Debt Offerings
- Represented Vista Equity Portfolio Company Jamf (NASDAQ: JAMF) in offering of $378 million of convertible senior notes.
- Represented United Airlines (NASDAQ: UAL) in a first-of-its-kind $6.8 billion financing secured by its MileagePlus loyalty program, comprised of $3.8 billion of bonds and $3 billion of term loans.
- Represented Norwegian Cruise Line (NYSE: NCLH) in its $2.4 billion transaction involving four different capital markets products, the first-ever four-tranched marketed financing.
- Represented Six Flags Entertainment Corporation (NASDAQ: SIX) in connection with multiple 144A senior secured notes offerings in an aggregate of over $2.2 billion and related tender offers and consent solicitations.
- Represented Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, in multiple offerings of senior notes in aggregate of over $1 billion.
- Represented Diversey Holdings (NASDAQ: DSEY) in its offering of $500 million of 4.625% Senior Notes due 2029.
- Represented iHeartMedia, Inc. (NASDAQ: IHRT) in connection with multiple 144A senior secured notes offerings in an aggregate of over $1.2 billion, as well as its uplisting on the Nasdaq Global Select Market.
- Represented Ares Capital Corporation (NASDAQ: ARCC), a speciality finance business development company and subsidiary of Ares Management, in connection with multiple 144A notes offerings.
- Represented Mark Andy, a leading global provider of highly specialized solutions for the packaging and label industry, in its $135 million offering of 144A Senior Secured Notes.
- Represented Boise Cascade Company (NYSE: BCC) in its $350 million 144A senior notes offering.
- Represented PaperWorks Industries in connection with its $90 million 144A/Reg S senior secured notes offering.
- Represented Exelon Corporation (NYSE: EXC) in its $4.2 billion investment grade notes offering.
Recent Representative Restructuring Transactions
- Representing Tailored Brands, Inc., a leading specialty retailer of men’s tailored clothing and the largest men’s formalwear provider in the United States and Canada, across its omni-channel network of five retail brands (Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank, K&G, and Moores) in connection with its restructuring, emergence from its Chapter 11 cases and reduction in funded indebtedness.
- Represented Neiman Marcus Group and affiliates in their restructuring and emergence from Chapter 11 cases, which eliminated more than $4 billion of debt and more than $200 million of annual cash interest expense, and preserved more than 13,000 jobs.
- Represented iHeartMedia, Inc., one of the world’s leading global multi-platform media, entertainment, and data companies, in its emergence from its Chapter 11 chases, which were the largest of 2018 based on outstanding debt, including a restructuring of over $16 billion and a reduction in iHeartMedia’s debt by more than $10 billion.
- Represented Caesars Entertainment Operating Company in its Chapter 11 restructuring, in which its debtor subsidiaries held more than $18 billion in funded debt obligations.
- Represented the ad hoc Steering Committee of bondholders of Kaisa Group Holdings Ltd in relation to the company’s six tranches of defaulted bonds which have a combined value of US $2.5 billion.
Recent Representative M&A / SPAC Transactions
- Represented BigBear.AI (NYSE: BBAI), a leading provider of Edge AI-powered based decision intelligence solutions for national security, supply chain management and digital identity in its acquisition of Pangiam.
- Represented Bain Capital and Diversey Holdings Ltd. (NASDAQ: DSEY) on sale of company to Solenis for $4.6 billion.
- Represented AE Industrial Partners and Redwire Corporation in Redwire’s business combination with Genesis Park Acquisition Corp., a special purpose acquisition company, resulting in Redwire’s listing on the NYSE under the symbol “RDW.”
- Represented R1 RCM Inc. (NASDAQ: RCM) in its acquisition of Cloudmed, a leader in revenue intelligence solutions for healthcare providers, for $4.1 billion.
- Represented Allegion plc (NYSE: ALLE) in the $900 million acquisition of Stanley Access Technologies, a carveout divestiture from Stanley Black & Decker (NYSE: SWK).
- Represented Redwire Corporation (NYSE: RDW) in its acquisition of the Belgium-based commercial space business, Qinetic Space NV.
- Represented Redwire Corporation (NYSE: RDW) in its acquisition of Techshot, Inc., a leader in biotechnology in microgravity, bioprinting, and on-orbit manufacturing needed for commercial space-based research and development.
- Represented Suja Life, LLC a Paine Schwartz Partners portfolio company and the California-based manufacturer of cold-pressed organic juices and juice shots in its acquisition of Vive Organic, a brand of immunity-supporting juice shots created by holistic medical professionals.
- Represented Ichor Holdings, Ltd. (NASDAQ: ICHR), and its subsidiaries, in its $270 million acquisition of IMG Companies LLC, a leading provider of precision machining, welding, brazing, and surface treatment to the semiconductor, medical, and defense & aerospace industries.
- Represented Federal Street Acquisition Corp., a special purpose acquisition company sponsored by Thomas H. Lee Partners, in its business combination with Universal Hospital Services.
- Represented M III Acquisition Corp., a special purpose acquisition company, in its merger with IEA Energy Services, LLC and the listing of the combined company on NASDAQ.
- Represented VWR International, a leading supplier of discovery-to-delivery solutions for the global life sciences, in its $6.5 billion sale to Avantor and affiliates of New Mountain Capital
- Represented Epiq Systems, a leading provider of professional services and integrated technology for the legal profession, in its $1 billion sale to OMERS Private Equity.
- Represented Inteliquent, Inc., a formerly public company trading on Nasdaq, in its $800 million sale to an affiliate of GTCR LLC.
- Represented Infrastructure and Energy Alternatives, Inc. in its $145 million acquisition of Saiia and the ACC Companies.
- Represented Infrastructure and Energy Alternatives, Inc. in its $90 acquisition of William Charles Construction Group, including Ragnar Benson, a leader in engineering and construction solutions for the rail and heavy civil industries.
- Represented U.S. Silica in connection with its acquisition of Sandbox Enterprises, a leading provider of innovative logistics solutions and technology for the transportation of proppant used in hydraulic fracturing.
Prior Experience
Proskauer Rose LLP
More
Thought Leadership
Publications
"Recent Trends in IPOs of Private Equity Sponsor-Backed U.S. Companies," Practical Law The Journal, September 2016
Credentials
Admissions & Qualifications
- California
- Illinois
Education
- University of California, Los Angeles, School of Law
Managing Editor, UCLA Law Review
- University of California, Los AngelesB.A., Business Economics; Accounting Minor