Adam Rachlis

Adam advises both U.S. and international clients across a variety of industries, including technology, health care and life sciences, media and entertainment, retail and consumer products, industrials and manufacturing, energy and infrastructure, and real estate.

Adam also regularly represents leading investment banks in their capacity as financial advisors in M&A transactions.

• Private Equity and Private Company Transactions
  • Represented The Sterling Group and its portfolio company Frontline Road Safety in connection with its acquisition of The Aero-Mark Company, a leading pavement marking contractor.
  • Represented Brentwood Associates in connection with its acquisition of a minority stake in Pacifica Beauty, a leader in vegan beauty products.
  • Represented Molina Healthcare in connection with its acquisition of CIGNA’s Texas Medicaid business.
  • Represented Marlin Equity in connection with its sale of a majority stake in Bazaarvoice, a leading advertising technology provider, to Thomas H. Lee Partners.
  • Represented Lion Street, a wealth management and financial planning network, in connection with its sale to Integrity Marketing Group.
  • Represented PLBY Group in connection with its acquisition of Honey Birdette, an Australian-based luxury lingerie and lifestyle brand.
  • Represented Nanosys in connection with the sale of its microLED fab facility and engineering team to Avicena.
  • Represented Brookwood Financial Partners in connection with its acquisition of Allsup’s Convenience Stores.
  • Represented AEA Investors in connection with its sale of ProMach to Leonard Green.
  • Represented TDR Capital in connection with its sale of International Car Wash Group to Roark Capital.
  • Represented Edgewell in connection with its attempted acquisition of Harry’s shaving company (blocked by the FTC).
• Public Company Transactions
  • Represented The Oncology Institute, a leading network of cancer care clinics, in connection with its business combination with special purpose acquisition company DFP Healthcare Acquisitions.
  • Represented AT&T in connection with its $49 billion acquisition of DirecTV.
  • Represented IntercontinentalExchange (ICE) in connection with its $8.2 billion acquisition of NYSE Euronext.
  • Represented United Rentals in connection with its $4.2 billion acquisition of RSC Holdings.
  • Represented Wells Fargo in connection with its acquisition of BNP Paribas’ North American energy lending business for $9.5 billion.
  • Represented Ipsen in connection with its strategic investment in Inspiration Biopharmaceuticals and concurrent sale of intellectual property to Baxter International and Cangene Corporation.
  • Represented Frontier Airlines in connection with its chapter 11 reorganization and 363 sale to Republic Airways.
• Financial Advisory Matters
  • Adam regularly advises investment banks in their capacity as financial advisor to buyers and sellers in M&A transactions and is well versed in his clients’ fairness opinion and proxy disclosure practice.
    • Represented Goldman Sachs in numerous matters, including as financial advisor to Sonder in connection with its $2.2 billion business combination with special purpose acquisition company Gores Metropoulos II, as financial advisor to KPS Capital Partner in connection with its $400 million acquisition of Electrical Components International, as financial advisor to KKR & Co. in connection with its $2.6 billion acquisition of KKR Financial Holdings in a stock-for-stock merger, as financial advisor to Accenture in connection with its $320 million acquisition of Acquity Group, as financial advisor to Hill-Rom in connection with its $2.1 billion acquisition of Welch Allyn and as financial advisor to Calpine Corporation in connection with its $1.6 billion sale of power plants to LS Power.
    • Represented Centerview as financial advisor to PTC in connection with its $1.5 billion acquisition of ServiceMax.
    • Represented Morgan Stanley as financial advisor to Duke Realty in connection with its $26 billion merger with Prologis.
    • Represented Wells Fargo as financial advisor to Consolidated Communications in connection with its $350 million acquisition of Enventis Corporation, as financial advisor to E.W. Scripps in connection with its merger with Journal Communications and simultaneous spin-off of newspaper businesses and as financial advisor to HealthSouth Corporation in connection with its $730 million acquisition of Reliant Hospital Partners.
    • Represented Bank of America as financial advisor to NRG Yield in connection with its $870 million acquisition of Alta Wind Energy.
    • Represented Tidal Partners as financial advisor to Cisco in connection with its $28 billion acquisition of Splunk.
    • Represented William Blair as financial advisor to Allscripts in connection with its sale of the net assets of Allscripts Hospitals and Large Physician Practices business segment to Constellation Software.
    • Represented Lincoln International as financial advisor to NewAmsterdam Pharma in connection with its merger with special purpose acquisition company Frazier Lifesciences Acquisition Corporation.
    • Represented Duff & Phelps as financial advisor to Grindr in connection with its business combination with special purpose acquisition company Tiga Acquisition Corp.
    • Represented Piper Sandler as financial advisor to Syros Pharmaceuticals in connection with its merger with TYME Technologies.
    • Represented Stifel as financial advisor to Bank of Marin Bancorp in connection with its acquisition of American River Bankshares.
    • Represented Canaccord as financial advisor to Tango Therapeutic in connection with its merger with special purpose acquisition company BCTG Acquisition Corp. and as financial advisor to Leaf Group in connection with its $323 million sale to Graham Holdings.
    • Represented JMP Securities as financial advisor to special purpose acquisition company FinTech Acquisition Corp. V in connection with its business combination with eToro Group.
    • Represented MTS Health Partners as financial advisor to NuPathe in connection with its $150 million sale to Teva Pharmaceuticals.
• Capital Markets and Securities Offerings
  • Adam 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