Lee C. Parnes

Selected Principal M&A Representations

• Apple Tree Partners as the majority shareholder in Syntimmune, in connection with Syntimmune’s acquisition by Alexion Pharmaceuticals for up to $1.2 billion
• B. Riley Financial in connection with the acquisition of Franchise Group
• Benefitfocus in its $570 million acquisition by Voya Financial
• Boeing in its $8.3 billion pending acquisition of Spirit AeroSystems

• Candy Digital in its acquisition by Futureverse, its acquisition of Palm NFT Studio and its Series A-1 financing round led by Galaxy and ConsenSys Mesh
• Cementos Argos in connection with the $3.2 billion combination of its U.S. operations, Argos North America Corp., with Summit Materials
• Connecticut Water Service in its $1.1 billion acquisition by SJW Group
• ConsenSys Software in numerous financings from 2020 to 2023, which took the company’s valuation from $50 million to over $7 billion
• DraftKings in its acquisition of Simplebet and $750 million acquisition of Jackpocket
• GGP in its $28 billion sale to Brookfield Property Partners
• Knoll in its $1.8 billion acquisition by Herman Miller and PIPE transaction, consisting of the sale of newly issued convertible preferred stock to Investindustrial VII L.P.
• Leonardo DRS, the U.S. defense subsidiary of Leonardo S.p.A., in its merger with RADA Electronic Industries through which Leonardo DRS became a public company with shares listed on Nasdaq and the Tel Aviv Stock Exchange
• Mountain & Co. I Acquisition Corp., a SPAC, in its proposed business combination with FC Barcelona, later terminated
• The conflicts committee of the board of NRG Yield in its sponsor NRG Energy’s $1.375 billion sale of its controlling interest in NRG Yield to an equity fund of Global Infrastructure Partners
• Panera Bread in its $7.5 billion acquisition by JAB
• Pershing Square Capital Management in its “modified Dutch” cash tender offer for approximately $109 million of common stock of The Howard Hughes Corporation
• Platinum Equity and an ad hoc group of noteholders in connection with Key Energy’s prepackaged Chapter 11
• Raintree Systems’ significant investment from Serent Capital
• Royal Philips in its $2.8 billion acquisition of BioTelemetry
• Signify in its $1.4 billion acquisition of Cooper Lighting from Eaton and its $272 million acquisition of Fluence from ams OSRAM
• Sotheby’s in its acquisition of Thread Genius, a startup specializing in taste-based image recognition and recommendation technologies
• Tenaris in its $1.2 billion acquisition of IPSCO Tubulars
• Unisys in its $1.2 billion sale of its U.S. Federal business to Science Applications International Corporation
• UnitedHealth Group in Optum’s $13.8 billion acquisition of Change Healthcare and its sale of ClaimsXten to TPG Capital for $2.2 billion and $3.7 billion pending acquisition of Amedisys
• Watlow in its sale to Tinicum L.P.
• Weir Group in its $405 million sale of its Oil & Gas division to Caterpillar