Marcia C.Kelson

Partner

Pittsburgh + 1.412.394.9563

Marcia Kelson focuses on complex benefit and compensation matters, including those arising in connection with corporate acquisitions, dispositions, mergers, pension de-risking, and employee stock ownership plans (ESOPs). With 20 years of experience, she has counseled hundreds of plan sponsors, fiduciaries, and administrators on legal issues pertinent to employee benefit plans and the entities that maintain them. This includes advising public, private, and nonprofit clients with respect to the structuring, drafting, and administration of qualified and nonqualified retirement plans, equity-based compensation, and other similar plans and programs. In addition, Marcia regularly drafts and negotiates employment, severance, retention, and change of control agreements.

Marcia has worked with clients in a wide range of industries, including insurance, food packaging, food/snacks, medical technology, communications infrastructure, energy, data center services, publishing, agricultural, granite, and retail pharmacy. She also advises private equity funds in acquiring companies and implementing equity incentive arrangements across their platform companies.

Furthermore, Marcia counsels clients on minimization of fiduciary liability, including counseling boards and compensation committees on implementation of proper plan governance practices. She has significant experience representing plan sponsors and fiduciaries in connection with Department of Labor (DOL) and Internal Revenue Service (IRS) filings, reviews, and investigations.

Marcia is a member of the Women's Committee of the Carnegie Museum of Art and is a graduate of Leadership Pittsburgh XXXI. She is also a member of the National Center for Employee Ownership (NCEO).

Erfahrung

  • CNX Resources acquires natural gas upstream and associated midstream business of Apex EnergyJones Day is advising CNX Resources Corporation in the acquisition of the natural gas upstream and associated midstream business of Apex Energy LLC, a Carnelian Energy Capital portfolio company, for a total cash consideration of approximately $505 million.
  • Molex acquires AirBornJones Day is advising Molex, a leading global connectivity and electronics solutions provider, in the acquisition of AirBorn, Inc., a company specializing in the design and manufacturing of rugged connectors and electronic components for global Original Equipment Manufacturers (OEMs) serving the aerospace and defense, commercial air, space exploration, medical, and industrial markets.
  • Inflexion Private Equity portfolio company acquires Malco Tools, Inc.Jones Day advised Inflexion Private Equity Partners LLP in connection with the acquisition by portfolio company Aspen Pumps Group of Malco Tools, Inc., one of the nation's top manufacturers of high-quality tools for working with sheet metal, fiber cement, vinyl siding, gutters, and other materials in the HVAC and building construction industries.
  • Accelmed Partners acquires Bioventus Advanced Rehabilitation businessJones Day is advising Accelmed Partners in its acquisition of Bioventus Inc.'s Advanced Rehabilitation business.
  • PNC Bank leads syndicate of lenders on $425 million senior secured revolving credit facility for leading North American private railroad and transportation management companyJones Day represented PNC Bank, National Association, as administrative agent, in connection with a $425 million syndicated senior secured revolving credit facility made to a provider of intermodal transportation and supply chain management services and one of North America's largest and fastest growing private railroad and transportation management companies, and certain of its affiliates.
  • ITT completes divestiture of Wolverine Advanced MaterialsJones Day advised ITT, Inc. in the $171 million sale of its Wolverine Advanced Materials business to private equity firm Center Rock Capital Partners.
  • Morgan Stanley Capital Partners portfolio company acquires American Label TechnologiesJones Day advised Morgan Stanley Capital Partners in connection with the acquisition and financing by portfolio company AWT Labels & Packaging, Inc. (AWT) of American Label Technologies (ALT), a leading manufacturing and supplier of custom label, RFID, print and packaging materials.
  • Program Productions acquires Rhino StagingJones Day advised Program Productions, Inc. in the purchase of substantially all of the assets of Rhino Staging & Event Productions, Inc. and its affiliated companies, a leader in event stagehand labor management and services for live events across the United States.
  • STERIS sells dental segment to an affiliate of Peak Rock CapitalJones Day advised STERIS Plc in the $787.5 million sale of Dental segment to Peak Rock Capital, a leading middle-market private investment firm.
  • PNC Bank provides $2.3 billion syndicated unsecured revolving credit facility to CooperCompanies and affiliatesJones Day represented PNC Bank, National Association, as administrative agent, in connection with a $2.3 billion syndicated unsecured revolving credit facility made to The Cooper Companies, Inc., CooperVision International Limited and certain of their affiliates, which is a global public company that specializes in medical devices, including for vision, women's health and surgical procedures.
  • Direct lender provides incremental increase to existing senior secured credit facility for large sponsor portfolio companyJones Day represented a direct lender, as administrative agent, in connection with an incremental increase in commitments under an existing senior secured credit facility for a large sponsor portfolio company, a portion of which was used to finance a material acquisition.
  • Valmet acquires process gas chromatography business of Siemens AGJones Day advised Valmet Oyj in the €102.5 million acquisition of the process gas chromatography business of Siemens AG.
  • Shiseido Americas acquires Dr. Dennis Gross Skincare for $450 millionJones Day advised Shiseido Americas Corporation, a subsidiary of Shiseido Co., Ltd., in the acquisition of DDG Skincare Holdings LLC, the owner of Dr. Dennis Gross Skincare, for $450 million in cash.
  • NEP Group sells SOS Global to Rock-it CargoJones Day advised NEP Group in its sale of SOS Global (SOS) to Rock-it Cargo, the global leader in end-to-end logistics for live events and high net worth goods.
  • Sonoco sells protective solutions packaging business to Black Diamond Capital Management, LLC for $80 millionJones Day advised Sonoco Products Company in the $80 million sale of Sonoco's Protective Solutions assets and business to Black Diamond Capital Management, LLC.
  • ProMedica sells Paramount Health to Medical MutualJones Day is advising ProMedica in the sale of Paramount Health to Medical Mutual.
  • ETS acquires PSIJones Day advised Educational Testing Service (ETS) in its acquisition of PSI Services LLC, a global leader in test development and delivery across workforce certification and licensure.
  • Frank Calandra, Inc. and Calandra Group receive investment from FalconPointJones Day advised the equityholders of Frank Calandra, Inc. (FCI) and Calandra Group, LLC (CG) in connection with a more than $250 million minority investment by FalconPoint Partners II, LP.
  • MEDHOST sells company to N. Harris Computer CorporationJones Day advised MEDHOST, Inc., a leading electronic health record solution provider, in its sale of the company to N. Harris Computer Corporation, a wholly-owned subsidiary of Constellation Software, Inc.
  • Asbury Automotive Group acquires Jim Koons AutomotiveJones Day advised Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., in its acquisition of Jim Koons Automotive Group of Companies for approximately $1.2 billion in cash.
    • February 5, 2021
      Entity Structure and Employee Arrangements
    • October 18, 2019
      2019 Executive Compensation and Benefits Symposium (Critical Updates; Maximizing Outcomes in Corporate Transactions)
    • August 13, 2019
      Employee Stock Ownership Plan Transaction Planning
    • February 20, 2018
      Jones Day's 2018 Speaker Series: The Tax Cuts and Jobs Act of 2017
    • October 6, 2017
      2017 Executive Compensation and Benefits Symposium (M&A)
    • June 22, 2017
      Execution of a Successful Pension Risk Transfer Transaction, Jones Day New York
    • September 25, 2015
      2015 Critical Updates in Executive Compensation and Benefits, ERISA Updates (Fiduciary Issues, Pension Risk)