Jonathan P. Solomon

Partner
Chicago
  • 330 North Wabash Avenue, Suite 2800
  • Chicago, IL 60611
  • USA
Profile Experience

Jonny Solomon is the former Chair of the Chicago Corporate Department, and currently serves as Vice Chair of the firm's Retail & Consumer Products Industry Group. He advises clients on a range of mergers and acquisitions as well as corporate governance issues.  

Mr. Solomon advises global clients, including private equity funds, family offices and their portfolio companies, as well as public and privately held companies, on complex domestic and cross-border M&A transactions, including:

  • Public and private mergers
  • Acquisitions and dispositions
  • Leveraged buyouts
  • Strategic investments
  • Joint ventures

Mr. Solomon works across a diverse range of industries and transaction structures, bringing a sophisticated sense of market practice to all his clients.

Mr. Solomon’s representative work includes:

Private Equity / Family Office

  • Various Pritzker Family Business Interests on a wide range of transactions, including:
    • Acquisition of Crown Health Care Laundry Services
    • Acquisition of Creative Office Pavilion
    • Acquisition of STV, Inc.
    • Acquisition of KBP Investments, and several add-on acquisitions
    • Acquisition of Hargray Communications
    • The US$1.0 billion leveraged buy-out / take-private of TMS International Corp.
    • Several strategic investments, including in NationsBenefits Steward Partners
  • BDT Capital and its portfolio companies in several acquisitions, divestitures, joint ventures, and strategic partnerships
  • KKR & Co., L.P. in connection with:
    • Global carve-out acquisition of Hyperion, an industrial tool components manufacturer, from Sandvik
    • Hyperion's acquisition of AFC Hartmetall
    • The US$2.5 billion disposition of Capital Safety Group to 3M
  • One Equity Partners, on a significant number of acquisitions and strategic investments, including:
    • Pending carveout acquisition of PGW Auto Glass from LKQ Corporation
    • Carveout acquisition of Norit Activated Carbon from Cabot Corporation
    • Acquisition of majority stake in Ericsson’s media solutions business
    • Minority investment in Sanken North America
  • Cain International in several joint venture and strategic investment transactions
  • Ares Management in several joint venture and strategic investment transactions 
  • Highgate Hospitality on several acquisitions including:
    • Take-private acquisition of CorePoint Lodging valued at US$1.5 billion
    • Acquisition of wellness business from Digital Bridge in a transaction valued at US$3.2 billion
    • Acquisition of hospitality portfolios from Colony Capital in a transaction valued at US$2.8 billion
  • PEAK6 Investments in its acquisition of National Flood Services from Aon
  • The Carlyle Group, in its acquisition of ZeroChaos, a global provider of workforce management solutions

Public and Privately Held Companies

  • Hyatt Hotels Corporation in a variety of matters, including:
    •  Acquisition of Apple Leisure Group for US$2.7 billion
    • Acquisition of Two Roads Hospitality for US$480 million
    • Disposition of Hyatt Residential Group to Interval Leisure Group
  • TransUnion in a variety of matters, including:
    • Carveout divestiture of its Healthcare Division for US$1.735 billion 
  • Advanced Micro Devices in a variety of matters including: 
    • The pending US$1.9 billion acquisition of Pensando
    • The US$35 billion acquisition of Xilinx, to create the industry’s leading high performance computing company
    • The US$371 million disposition of an 85% stake in its ATMP facilities to, and related joint venture with, Nantong Fujitsu Microelectronics
    • The acquisition of SeaMicro, Inc., a leading developer of computer servers 
  • NRG Energy in it carveout acquisition of Direct Energy from Centrica for US$3.625 billion
  • M*Modal, a leading healthcare technology company, in connection with the US$1 billion sale of its technology business to 3M
  • Bass Pro Group in its US$4 billion acquisition of Cabela’s
  • Envoy Global in its sale to Palladium Equity Partners
  • The Special Committee of the Board of Directors of SeaWorld in China-based real estate investment firm, Zhonghong Group’s, US$448 million acquisition of a 21% equity interest from The Blackstone Group
  • InvenTrust Properties Corp. in a number of divestitures, including:
    • The sale of its portfolio of 52 hotels to Northstar Realty Finance and Chatham Lodging Trust for US$1.1 billion
    • The sale of 294 net lease assets to AR Capital for US$2.3 billion
  • LifeStorage LP, a US provider of self-storage space services, in connection with Sovran Self Storage’s US$1.3 billion acquisition of LifeStorage
  • Nord Anglia Education in its US$534 million acquisition of six schools in North America, Europe, and China from Meritas
  • Koch Industries in a number of transactions, including:
    • Its acquisition of the Turf and Ornamental business of Agrium Advanced Technologies
    • A US$240.0 million non-voting preferred stock investment in the Weiss family’s take-private of American Greetings Corporation
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