Neal J. Reenan

About Neal J. Reenan

Drawing on more than two decades of experience, Neal advises private equity firms and their portfolio companies on their most complex domestic and cross-border transactions, including mergers and acquisitions (including acquisitions of distressed companies and take-privates), divestitures, leveraged buyouts, joint ventures, recapitalizations and restructuring transactions.

A former accountant, strategy consultant and manufacturing executive, as well as the co-founder of a significant, private equity-focused office of a leading global law firm, Neal brings a pragmatic operator’s perspective to delivering legal counsel. He provides the clients he serves with creative, “can-do” and commercially calibrated advice with a focus on solving thorny problems to help get deals done. Neal builds enduring, trust-based relationships with clients by delivering technically sound, commercially balanced and situation-tailored counsel by always putting his clients’ needs first, and by bringing a sense of humor and perspective to even the most challenging matters.

Neal also devotes significant time to mentoring junior lawyers, especially those who, like himself, are the first in their families to grow up or live in the United States or who are first-generation lawyers.

Recent work

Healthcare and Life Sciences

• TPG Growth in connection with its strategic investment in Compass Surgical Partners, an independent full-service ambulatory surgery center (ASC) development and management partner 
• TPG Capital in its:
  • acquisition of Confluent Medical Technologies, Inc.
  • investment in Monogram Health, Inc.
• Bain Capital Private Equity in its:
  • investment in Surgery Partners in connection with the latter’s acquisition of National Surgical Healthcare
  • acquisition of Air Medical Group Holdings
  • several tuck-in acquisitions during Bain Capital’s ownership, including Reach Air Medical Services
  • together with AMGH in the sale of AMGH to KKR
• Lee Equity Partners in its acquisition of Eating Recovery Center
• Paragon Bioservices in its sale to Catalent
• Confluent Medical Technologies, Inc. in numerous matters

Financial Services, Fintech and Business Services

• Advisory Research in its sale to Piper Jaffray Companies
• Amynta Group in its acquisition of American Auto Guardian
• AA Alpha JV (a joint venture between Adrdonagh and Amynta) in the acquisition of AccurRisk, Inc. and the sale of AccuRisk to Ryan Specialty Insurance
• Apollo Global Management, alongside Athene Holding, in its acquisition of PK AirFinance from GE Capital’s Aviation Services unit
• Bain Capital Credit (formerly Sankaty) in its acquisition of JP Morgan’s Special Opportunities Group
• CME Group in its joint venture with Dow Jones & Company creating the leading market data and benchmark index services platform (including the Dow Jones Industrial Average)
• Madison Dearborn Partners in its:
  • acquisition of MoneyGram International, Inc.
  • investment in the acquiring consortium led by the Karfunkel Family and Stone Point Partners in the take-private of AmTrust Financial Services
  • acquisition of 51% of certain AmTrust Financial Services’ US-based fee businesses to create Amynta Holdings, Inc.
  • acquisition of 49% stake in Amynta Holdings, Inc. 
  • initial private investment in EVO Payments International
  • private investment in public equity (PIPE) in EVO
  • creation of Ardonagh and its investment in Towergate Insurance
  • acquisition of Navacord
• Madison Dearborn and Nuveen Investments in the sale of Nuveen to TIAA-CREF
• Northwestern Mutual Insurance Company in its acquisition of LearnVest
• Thomas H. Lee Partners in its investment in Prime Risk Brokers
• Sixth Street Partners in its investment in Exeter Finance
• TPG (TTAD) in its investment in Acorns Incorporated
• Thomas H. Lee Partners and Goldman Sachs Merchant Banking Division in their acquisition of GCA Services from Blackstone
• GCA Services Group in its sale from Thomas H. Lee Partners and Goldman Sachs Merchant Banking Division to ABM
• Ankura Consulting Group in its acquisition of the Disputes, Forensics and Legal Technology (DFLT) segment and Transaction Advisory Services (TAS) practice of Navigant Consulting
• Great Hill Partners in its acquisition of several legal process outsourcing businesses
• H.I.G. Capital in the acquisition of the US-based human resource consulting and actuarial business (formerly known as Buck Consultants) of Conduent
• H.I.G. Capital in its acquisition of Mainline Information Systems

Industrials, Energy and Infrastructure, and Energy Transition

• Aquilex Holdings, a portfolio company of Centerbridge Partners, in the sale of its HydroChem industrial cleaning business to PSC Industrial, a Littlejohn & Co. portfolio company
• Bain Capital Private Equity and Consolidated Container Company in the sale of CCC to Loews Corporation
• Bain Capital Private Equity and Unisource Worldwide in the merger of Unisource with xpedx following xpdex’s spin-off from International Paper in a Reverse Morris Trust transaction
• Bain Capital Private Equity in its:
  • acquisition of Apex Tool Group from Danaher Corp. and Cooper Industries
  • carve-out acquisition of the Diversey Care business from Sealed Air Corporation
  • acquisition of a majority stake in Imperial Dade
• Centerbridge Partners in its:
  • acquisition of IPS 
  • acquisition of Industrial Container Services from Aurora Private Equity
  • investment in Boart Longyear Limited
  • restructuring of Boart Longyear
  • acquisition, through a debt-for-equity exchange offer, of Aquilex Holdings
• Centerbridge Partners and Industrial Container Services in the sale of ICS to Stone Canyon-backed BWAY Holding Company
• Centerbridge Partners and Aquilex Holdings in the acquisition by Aquilex of Inland Industrial Services
• Centerbridge Partners and HydroChem in the sale of HydroChem’s SRO Business to AZZ
• CHS Capital in its investment in Gundle Environmental/SLT and acquisition of STS Operating
• CHS Capital and SunSource Holdings in the sale of SunSource to Littlejohn & Co. and acquisition by SunSource of Warden Fluid Dynamics
• Hellman & Friedman in its investment in Bellron
• Konica Minolta in the divestiture of certain US manufacturing assets
• Madison Dearborn Partners in the sale of its interest in UPC Wind Management to SunEdison
• Ridgemont Equity Partners in its acquisition of Worldwide Express and the combination of Worldwide Express with Unishippers
• TPG Real Estate in its investment in Quantum Loophole, Inc.
• TPG Rise Climate in its:
  • investment in Palmetto Solar
  • investment in Climavision

Technology, Media and Telecoms

• TPG Rise Fund in its investment in Ripple AI
• Apax Funds in its sale of GlobalLogic and agreement to acquire ThoughtWorks
• Bain Capital Europe in its acquisition of MSX International
• Bain Capital Private Equity in its:
  • take-private acquisition of BMC Software 
  • restructuring of Contec Holdings
  • restructuring of MC Communications
• Madison Dearborn Partners in its take-private of technology products and services provider CDW
• Thoma Bravo in its acquisition of Datatel
• A significant minority investor in its investment in in-flight communication provider Gogo

Consumer and Retail

• TPG Growth in its investment in BFA/Ipsy
• Bain Capital Private Equity in its acquisition of Bob’s Furniture Stores
• Centerbridge Partners in its:
  • investment in Heartland Food Products and the acquisition by Heartland of the Splenda brand and related assets from McNeil Nutritionals 
  • acquisition through a negotiated pre-packaged bankruptcy restructuring of Reddy Ice
• GTCR in the restructuring of Wilton Brands
• Madison Dearborn Partners in its:
  • acquisition of Pierre Foods 
  • acquisition of Bolthouse Foods
  • investment in LA Fitness
  • acquisition of leading national movie theater chain Cinemark USA
• Madison Dearborn Partners and Cinemark Holdings in the acquisition of Century Theaters
• CHS Capital in connection with its ownership of AMF Bowling Worldwide in various matters, including M&A transactions and an international strategic joint venture
• The Source Interlink Companies in divesting non-core assets to Platinum Equity

*This list includes work that Neal completed while at a prior firm.