Robert T.Karl (Bobby)

Associate

Cleveland + 1.216.586.1312

Bobby Karl's practice centers on the employee benefits and executive compensation aspects of corporate transactions, including mergers, acquisitions, and private equity. Bobby has experience drafting employment, bonus, retention, equity incentive, and severance agreements.

Experiencia

  • Parker Hannifin sells North America Composites & Fuel Containment Division to SK Capital PartnersJones Day advised Parker Hannifin Corporation in the sale of its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners.
  • Sonepar acquires Echo Electric SupplyJones Day advised Sonepar in the acquisition of Echo Electric Supply, a wholesale electrical distributor ranked in the top 30 of Electrical Wholesaling’s 2024 North America distributors list and headquartered in Council Bluffs, Iowa.
  • Riverside acquires CloudpermitJones Day represented The Riverside Company in its acquisition and financing of Cloudpermit, a community development software company for local governments, citizens, and other stakeholders.
  • 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.
  • Myeloma Investment Fund invests in Nammi Therapeutics, Inc.'s Series B financingJones Day advised Myeloma Investment Fund in $1 million investment in Nammi Therapeutics, Inc.'s Series B financing.
  • Partech Partners leads €37 million Series B financing of CintooJones Day represented Partech Partners as lead investor in the €37 million Series B financing of Cintoo, the leading provider of cloud-based Reality Data management and collaboration solutions.
  • 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.
  • 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.
  • Accurate Background acquires Orange Tree Employment Screening LLCJones Day advised Accurate Background, the largest privately held and minority-owned global provider of compliant background checks, drug and health screening, and workforce monitoring solutions, in its acquisition of Orange Tree Employment Screening, a technology-driven background screening provider.
  • 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.
  • TopBuild attempts to acquire Specialty Products & InsulationJones Day advised TopBuild Corp. (NSYE: BLD) in its attempted acquisition of Specialty Products & Insulation from private equity firm Incline Equity Partners in an all-cash transaction valued at $960 million.
  • Riverside portfolio company acquires The Lash LoungeJones Day represented The Riverside Company in connection with the acquisition by portfolio company Head to Toe Brands of The Lash Lounge (Lash Lounge), an industry-leading eyelash salon franchise.
  • Verizon completes $5.9 billion transfer of pension plan liabilitiesJones Day advised Verizon Communications Inc. in a major pension de-risking transaction that reduced Verizon’s pension benefit obligations by about $5.9 billion, covering a population that includes 56,000 Verizon retirees and their beneficiaries who began receiving benefits before January 1, 2023.
  • 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.
  • 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.
  • Riverside portfolio company acquires The Brothers that just do Gutters (Brothers Gutters)Jones Day represented The Riverside Company in connection with the acquisition by portfolio company Evive Brands of The Brothers that just do Gutters (Brothers Gutters), a franchisor that provides gutter installation, replacement, maintenance, and cleaning services for residential and commercial customers.
  • Riverside portfolio company acquires Frenchies Modern Nail CareJones Day represented The Riverside Company in connection with the acquisition by portfolio company Bishops Cuts/Color of Frenchies Modern Nail Care (Frenchies), a nail salon franchisor that provides nail care services with more than 20 locations across 13 states in the U.S.
  • Riverside portfolio company acquires Eastman Fire ProtectionJones Day represented The Riverside Company in connection with the acquisition by portfolio company CertaSite of Eastman Fire Protection, a fire protection business in Troy, Michigan.
  • 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.