Private Equity

HBA represents private equity/leveraged buyout (LBO) funds and their portfolio companies in connection with domestic and cross-border transactions, including leveraged buyouts, equity co-investments in connection with “club deals,” add-on acquisitions, growth equity investments, private placements, joint ventures, limited partner secondary transactions, and various liquidity events, including sales, recapitalizations and leveraged dividends. 

Our representation includes advising funds and their portfolio companies in connection with acquisition debt financings and debt restructurings.  We also advise private equity funds and fund sponsors in connection with initial fundraising and fund formation. 

HBA’s private equity attorneys have the depth of experience that comes from representing private equity funds and their portfolio companies for most, if not their entire, careers.  As such, we understand the particular needs and expectations of financial sponsors, and bring that experience to bear not only in representing our private equity fund clients but also in representing clients opposite of private equity funds in transactions.

Notable clients/representations include:

Contempo Ceramic Tile Corporation, an independent distributor of high-end ceramic and natural stone tile, granite and marble, in its sale to Chicago Growth Partners.

Goldman Sachs Private Equity Group and Industry Ventures, in their secondary purchase from a corporate investor of limited partnership interests in multiple venture capital funds.

Hancock Park Associates, in its leveraged buyout of Project Time & Cost, Inc., a provider of cost engineering and forensic consulting services.

Hancock Park Associates, in its $43 million acquisition of Brown & Coles Stores, an independent regional grocery store chain in Washington, pursuant to a Chapter 11 Plan of Reorganization.

HSBC Capital (USA) Inc., in connection with its leveraged buyout of Venture Aircraft LLC, a California-based manufacturer of precision crafted sheet metal and machined components for the aerospace industry.

HSBC Capital (USA) Inc., in its leveraged buyout of VLS Recovery Services, LLC,  a waste management and railcar cleaning service provider.

HSBC Capital (USA) Inc., in connection with its equity co-investment in the leveraged buyout of Tops Markets, LLC, an independent grocery store chain in upstate New York.

HSBC Capital (USA) Inc., in connection with its equity co-investment in the leveraged buyout of Tulsa Welding School.

HSBC Capital (USA) Inc., in connection with its equity co-investment in the leveraged buyout of Arabela, a door-to-door retailer of beauty and personal-care products in Mexico.

IncentOne, Inc., in its Series A financing by Camden Partners, a Baltimore-based private equity fund.

Palmfund Management LLC, in its leveraged buyout of the legal, tax and regulatory publishing operations of LexisNexis in Argentina, Chile and Mexico.

Rutland Plastic Technologies, Inc., in connection with its acquisition of the plastisol screen printing inks assets of QCM Company

Rutland Plastic Technologies, Inc., in its acquisition of Union Ink Company, a manufacturer of screen printing inks.

Rutland Plastics Technologies, Inc., in its cross-border joint venture with Dhaval Colour Chem Ltd in Mumbai, India.

Smith West, Inc., in the sale of its business assets to a private equity group, led by American Capital Strategies.