Edward (“Ted”) Ackerman is a partner in the Corporate Department and a member of the Mergers & Acquisitions practice group. He focuses his practice on advising private equity and strategic clients on their M&A, carve-out, joint venture, equity financing, restructuring and general corporate transactions. Ted has extensive experience with transactions in a broad cross-section of industries, including consumer products, restaurant/beverage, manufacturing, logistics and financial services.
Experience
Some of Ted's recent transactions include the representation of:
- A-T Solutions, Inc., a provider of counterterrorism services, products, technology and training, in its acquisition by Pacific Architects and Engineers, Inc., a provider of support for essential global missions of the U.S. government.
- C. Dean Metropoulos in his:
- sale of Pabst Brewing Company to a consortium comprised of Oasis Beverages and TSG Consumer Partners; and
- acquisition of Pabst Brewing Company from the Kalmanovitz Charitable Foundation.
- CI Capital Partners in:
- its sale of KIK Custom Products, an independent manufacturer of consumer packaged goods, to affiliates of Centerbridge Partners;
- its sale of American Residential Services (ARS), a leading provider of air conditioning and plumbing services nationwide, to Charlesbank Capital Partners;
- its acquisition of Pivot Physical Therapy (formerly PT Network), the owner and operator of a network of physical therapy centers;
- its sale of Transplace, a leading provider of non-asset based third party logistics, intermodal and truck brokerage services, to Greenbriar Equity Group LLC;
- its sale of Conney Safety Products, LLC, a specialty distributor of safety supplies, to WESCO Distribution, Inc.; and
- numerous other acquisitions, dispositions and restructurings for CI Capital and its portfolio companies.
- Clarion Capital Partners in its:
- acquisition of a majority interest in Moravia IT a.s., a Czech Republic-based provider of translation and localization services;
- sale of Cross MediaWorks LLC, a leading provider of technology-enabled television advertising solutions, to Lee Equity Partners; and
- sale of Crowe Paradis Services Corporation, a premier provider of claims analysis and compliance solutions, to Verisk Analytics, Inc.
- General Atlantic in its investment in QualityTech, a leader in the development and operation of data center facilities in the United States.
- Harbinger Group Inc. in convertible preferred stock issuances to investors led by private equity funds affiliated with Fortress Investment Group LLC.
- Interline Brands, Inc., a leading distributor and direct marketer of maintenance and repair and operations throughout North America, Central America and the Caribbean,in its acquisition by Goldman Sachs Capital Partners and P2 Capital Partners, LLC.
- KIK Custom Products Inc. in its:
- acquisition of Marietta Holding Corporation;
- carve-out acquisition of the Consumer Products business of Chemtura Corporation;
- acquisition of Chem Lab Products, Incorporated; and
- partnership with The Clorox Company in connection with KIK's launch of pool & spa chemicals and accessories under the CloroxTM Pool&Spa brand in the U.S. and Canada.
- KPS Capital Partners in its:
- sale of WWRD Holdings Ltd., a luxury home and lifestyle products company, to Fiskars Corporation;
- sale of North American Breweries Holdings, LLC, one of the largest independently owned beer companies in the United States, to Cervecerίa Costa Rica, S.A.;
- sale of Attends Healthcare, Inc. to Domtar Corporation; and
- carve-out acquisition of the metals business of Olin Corporation (now known as Global Brass and Copper Holdings, Inc. (NYSE: BRSS)).
- Majestic Research Corp., an independent provider of data-driven equity research to the institutional investment community, in its acquisition by Investment Technology Group, Inc., a NYSE-listed agency broker and financial technology firm.
- NCSG Crane & Heavy Haul Corporation, a provider of mobile crane rental and heavy haul services, in its acquisition of B&G Crane Holdings, Inc., a provider of fully operated and maintained crane services, heavy rigging and specialty hauling services.
- Smashburger Master LLC, a Denver-based leading "fast casual" restaurant brand, in its definitive agreement to sell a 40 percent stake in the company to Jollibee Foods Corp., a Philippines-based restaurant chain, based on an enterprise value of the company of $335 million.
Mr. Ackerman served as associate managing editor of the Brooklyn Law Review.
Practices
Education
- J.D., Brooklyn Law School, 2005
magna cum laude
- B.A., New York University, 2001
Bar Admissions
See Library Tab for articles, publications and presentations by Edward Ackerman
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