Mr. Rachlis’ representative legal matters include:
Technology, Media & Telecom
- PLBY Group, a leading lifestyle and consumer brand company, in its acquisition of Honey Birdette
- Brentwood Associates, a consumer-focused private equity firm, in its investment in a beauty brand
- Marlin Equity in its sale of a majority stake in Bazaarvoice to Thomas H. Lee Partners
- AT&T in its US$49 billion acquisition of DirecTV*
- IntercontinentalExchange (ICE) in its US$8.2 billion acquisition of NYSE Euronext*
Healthcare and Biotech
- The Oncology Institute in its combination with DFP Healthcare Acquisitions
- Ipsen in its strategic investment in Inspiration Biopharmaceuticals and concurrent sale of intellectual property to Baxter International and Cangene Corporation*
Industrials and Energy
- United Rentals in its US$4.2 billion acquisition of RSC Holdings*
- Wells Fargo in its acquisition of BNP Paribas’ North American energy lending business for US$9.5 billion*
- Frontier Airlines in its chapter 11 reorganization and 363 sale to Republic Airways*
Financial Advisory Representations
Mr. Rachlis regularly advises investment banks in their capacity as financial advisor to the buyer or seller in M&A transactions. He has represented Goldman Sachs, Morgan Stanley, Evercore, Moelis, Bank of America, Wells Fargo, Stifel/KBW, Canaccord Genuity, JMP Securities, and other investment banks in connection with the following transactions:
- Sonder’s pending US$2.2 billion combination with Gores Metropoulos II
- Tango Therapeutics’ combination with BCTG Acquisition
- FinTech Acquisition’s combination with eToro Group
- Bank of Marin Bancorp’s acquisition of American River Bankshares
- KKR & Co.’s US$2.6 billion acquisition of KKR Financial Holdings in a stock-for-stock merger*
- Hill-Rom’s US$2.1 billion acquisition of Welch Allyn*
- Calpine Corporation’s US$1.6 billion sale of power plants to LS Power*
- Chiquita Brands’ attempted US$1.1 billion merger with Fyffes plc*
- NRG Yield’s US$870 million acquisition of Alta Wind Energy*
- HealthSouth Corporation’s US$730 million acquisition of Reliant Hospital Partners*
- KPS Capital Partners’ US$400 million acquisition of Electrical Components International*
- Consolidated Communications’ US$350 million acquisition of Enventis Corporation*
- Leaf Group’s US$323 million sale to Graham Holdings
- Accenture’s US$320 million acquisition of Acquity Group Capital Markets Transactions*
- NuPathe’s US$150 million sale to Teva Pharmaceuticals*
- E.W. Scripps’ merger with Journal Communications and simultaneous spin-off of newspaper businesses*
Capital Markets
Mr. Rachlis has represented issuers and investment banks in a variety of equity and debt offerings, including:
- IPOs for Michael Kors, Envestnet, DigitalGlobe, and Tower Automotive*
- Equity offerings for Warner Chilcott and Cloud Peak*
- Tender offers for Marsh & McLennan and Honeywell*
- High-yield debt offerings for Tower Automotive, DigitalGlobe, and Harbinger Group*
- Investment-grade debt offerings for Honeywell, CIGNA, CSX Corp, Allergan, Campbell Soup, Western Union, and Devon Energy*
*Matter handled prior to joining Latham