Dan Michaels represents private equity funds and public and private companies in connection with complex domestic and cross-border transactions. Dan focuses his practice on mergers and acquisitions, leveraged buyouts, minority investments involving preferred equity, de-SPAC (special purpose acquisition company) business combinations, capital raising activities, corporate reorganizations and restructurings, and corporate governance issues.
Dan has worked on a variety of transactions in a wide array of industries, including health care, energy and natural resources, business services, technology, government contracting, manufacturing, construction, and consumer products.
Recent transactions include representing Koch Equity Development in connection with its investment to finance the $3.1 billion acquisition of PGT Innovations by MITER Brands, its $400 million equity investment in CPM Holdings, its participation in the de-SPAC business combination involving Getty Images, and its acquisition of Transaction Network Services; representing Koch Minerals & Trading, together with Cerberus Capital Management, in its $1.1 billion acquisition of the PQ Performance Chemicals business of PQ Group Holdings; and representing American Industrial Partners in the acquisition by portfolio company, Vertex Aerospace, of Raytheon Technologies' Defense Training, Professional Services, and Mission Critical Solutions and AIP's $300 million acquisition of a majority interest in the High Pressure Solutions Segment of Ingersoll Rand.
Prior to joining Jones Day, Dan represented The Carlyle Group in numerous matters, including in its $3.2 billion acquisition of the industrial packaging group segment of Illinois Tool Works; Arlington Capital Partners in numerous matters, including its acquisition and subsequent sale to Blackstone of MB Aerospace; and SunEdison in connection with its $2.2 billion acquisition of Vivint Solar.
Experience
The following represents experience acquired prior to joining Jones Day.
Represented Hess Corporation in the $2.8 billion sale of its retail business to Speedway.
Represented MidOcean Partners in connection with: an equity investment in IMAGE Skincare, the sale of Global Knowledge to investment funds affiliated with Rhone Capital, the merger of its Olympus Holdings outdoor advertising business with Fairway Media, and along with Crestview Partners in the $3 billion sale of Insight Communications to Time Warner Cable.
Represented Murray Energy Corporation in its: $1.4 billion acquisition of a majority of the equity interests of Foresight Energy and its general partner, Foresight Energy GP, and $3.5 billion acquisition of Consolidation Coal Company from CONSOL Energy, which includes CONSOL's West Virginia longwall mining and related transportation and infrastructure businesses.
Represented The Carlyle Group in connection with its: sale of a majority interest in Service King Collision Repair Centers to Blackstone and acquisition of a majority interest in PrimeSport Holdings.
Represented Macquarie Infrastructure and Real Assets as the leader of a consortium of investors in the $4.7 billion acquisition of Cleco Corporation.
Represented TerraForm Power and SunEdison Semiconductor in connection with their initial public offerings.
Represented 3G Capital Partners in its $28 billion acquisition, along with Berkshire Hathaway, of H. J. Heinz Company.
Represented Sunoco in the formation of a joint venture with The Carlyle Group, Philadelphia Energy Solutions created to own and operate Sunoco's Philadelphia refinery assets.
Represented Droga5, the industry leading global creative agency, in connection with a strategic partnership with William Morris Endeavor, a global talent agency.
Represented Arlington Capital Partners in the sale of its Consolidated Precision Products business to Warburg Pincus.
Represented Motricity in its $135 million acquisition of the mobile data infrastructure business of InfoSpace.
Represented The Corporate Executive Board in connection with numerous acquisitions.
Represented Constellation Energy in its $365 million acquisition of two 550 megawatt natural gas plants from Navasota Energy.
Represented Tutor Perini Corporation in connection with numerous acquisitions aggregating more than $1.25 billion.
Represented the special committee of the board of directors of Alliance Data Systems Corporation in the $7.8 billion acquisition of Alliance Data by Blackstone.
- The Catholic University of America (J.D. magna cum laude 1999; Law Review); Duke University (A.B. in Political Science 1994)
- District of Columbia