Nicole D. Stanger

Counsel

Cleveland + 1.216.586.7258

For nearly 20 years, Nicole Stanger has helped domestic and foreign enterprises and their executives maximize compensation-related tax benefits. Although she primarily focuses her practice on the income and payroll tax treatment of executive compensation arrangements, including omnibus equity incentive plans, long-term performance plans, deferred compensation plans, and fringe benefits and perquisites, she also regularly advises clients with the administration and compliance of qualified retirement plans under the Internal Revenue Code and ERISA and cross-border compensation issues. Each year, Nicole works with M&A teams Firmwide on multiple private and public company transactions regarding the golden parachute payment tax implications of executive compensation arrangements, including the preparation of quantitative analyses involving the calculation and payment of such tax.

Nicole's recent transactions include Reynolds American's $27.4 billion acquisition of Lorillard and its acquisition by British American Tobacco Plc at a value exceeding $90 billion; Sherwin-Williams' $11.3 billion acquisition of The Valspar Corporation; and Exelis' acquisition by Harris Corporation for $4.8 billion.

Prior to joining the Firm, Nicole practiced in Pennsylvania as a licensed certified public accountant during which time she handled a wide range of financial reporting and federal and state income tax matters, including advising clients during audits conducted by the Internal Revenue Service and state taxing authorities.

Experience

  • Riverside acquires Wall Street PrepJones Day advised The Riverside Company in the acquisition and financing of Wall Street Prep, Inc., a leading provider of instructor-led and online training programs for the financial services industry.
  • Bil-Jac Foods receives investment from Entrepreneurial Equity PartnersJones Day represented Bil-Jac Foods, Inc. (Bil-Jac), an Ohio-based leading manufacturer of dog food and treats, in connection with an investment in Bil-Jac by Entrepreneurial Equity Partners, a Chicago, Illinois, based private equity firm.
  • High Road Capital sells portfolio company TavoronJones Day advised High Road Capital Partners in the sale of its portfolio company Tavoron to Fusion Capital Partners, a Los Angeles based private equity firm.
  • Bose acquires McIntoshJones Day advised Bose Corporation in the acquisition of McIntosh Group, the parent company of high-performance and luxury audio brands that include McIntosh and Sonus faber.
  • Riverside sells Red Nucleus to Thomas H. Lee PartnersJones Day represented The Riverside Company in its sale of Red Nucleus, an industry-leading integrated provider of learning and development, medical communications, market access, and R&D and clinical solutions to the life sciences industry globally, to Thomas H. Lee Partners.
  • SITE Centers completes spin-off of Curbline Properties Corp.Jones Day advised SITE Centers (NYSE: SITC) in the spin-off of Curbline Properties Corp. (“Curbline”) as a separate publicly traded company listed on the New York Stock Exchange under the ticker symbol “CURB”.
  • Riverside acquires CloudpermitJones Day represented The Riverside Company in the acquisition and financing of Cloudpermit, a community development software company for local governments, citizens, and other stakeholders.
  • NOVA Infrastructure sells Bold OceanJones Day advised NOVA Infrastructure in the sale of Bold Ocean, a leading U.S. Flag shipping company serving the critical transportation and logistics needs of numerous U.S. government agencies, to institutional investors advised by J.P. Morgan Global Alternatives' Global Transportation Group.
  • Austin Powder sells controlling stake to AIPJones Day is representing Austin Powder, a global leader in blasting services and commercial explosives, in connection with the sale of a controlling stake to American Industrial Partners.
  • Blue Sea Capital sells Sunvair Aerospace Group to Greenbriar Equity GroupJones Day represented Blue Sea Capital LLC in the sale of Sunvair Aerospace Group, a leading maintenance, repair and overhaul ("MRO") services provider specializing in landing gear, avionics, flight instruments, sensors and cargo loading systems, to Greenbriar Equity Group.
  • Riverside acquires CRIO, Inc.Jones Day advised The Riverside Company in the acquisition of CRIO, Inc., a leading provider of eSource and other eClinical software for clinical trial sites, CROs and the pharmaceutical/biotech market.
  • Riverside sells Energy Exemplar to Blackstone and Vista Equity PartnersJones Day advised investment funds affiliated with Riverside's Australia Fund in connection with the sale of its Energy Exemplar platform to a newly formed acquisition vehicle jointly controlled by investment funds affiliated with Blackstone and Vista Equity Partners.
  • Swander Pace Capital sells Functional Formularies to DanoneJones Day advised Swander Pace Capital in the sale of Functional Formularies, a leading provider of organic, whole food, shelf-stable feeding tube formulas, to Danone.
  • Norwest Equity Partners acquires MDC Interior SolutionsJones Day advised Norwest Equity Partners in the acquisition and financing of MDC Interior Solutions, LLC, a leading commercial interior wallcoverings and design solutions company.
  • Riverside invests in KasewareJones Day advised The Riverside Company in its acquisition of Kaseware, a leading provider of investigation management software sold to public safety agencies and corporations.
  • 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.
  • Swander Pace Capital sells Patriot Pickle to H.I.G. CapitalJones Day advised Swander Pace Capital in the sale of Patriot Pickle, a manufacturer and distributor of high-quality refrigerated pickles across the United States to restaurant chains, supermarkets, and delis, to an affiliate of H.I.G. Capital.
  • Flottec sold to Nalco WaterJones Day represented Flottec, LLC, a company focused on the development of advanced flotation technology and the supply of flotation reagents and mineral processing chemicals, in connection with its sale to Nalco Company LLC, an Illinois-based supplier of water, energy and air improvement solutions and services for industrial markets and Ecolab Inc. company.
  • Timken acquires Des-CaseJones Day advised The Timken Company in the acquisition of Des-Case Corp., a Nashville, Tenn.-based manufacturer of specialty filtration products for industrial lubricants.
  • Diebold Nixdorf obtains $1.25 billion senior secured exit credit facilityJones Day represented Diebold Nixdorf, Incorporated, a multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets, in connection with a new $1.25 billion senior secured term loan facility as part of it’s emergence from chapter 11 bankruptcy and other domestic and foreign court-supervised restructuring proceedings.