Matthew D. Stoker

Sidley represented Ryan Specialty (NYSE: RYAN), a specialty insurance provider, wholesale broker, and managing underwriter, in its acquisition of Innovisk Capital Partners LLP, a London-based portfolio of specialty managing general underwriters in indemnity, environmental, transactional liabilities, and commercial auto insurance. Following the acquisition, Innovisk will become part of Ryan’s Specialty Underwriting Managers business unit. The integration is expected to strengthen the company’s underwriting capabilities and provide a broader range of specialty insurance services. The Sidley team was led by Matthew D. Stoker (M&A and Private Equity), and included Thomas M. Thesing, Philip C. Cheveley, Fran S. Gray, Danielle N. Sismour, Stanley Amoah, Leah M. Cable, Reed M. Kreger, Ryan Martin, Brad I. McGee, Laura Persin, Nadja Schwarz, Taylor B. Shuman, and paralegal Denise M. Kerschhackl (M&A and Private Equity); Christian E. Pilhofer, Tom Topping, and Alexandra B. Green (Employee Benefits and Executive Compensation); Andrew W. Shoyer and Carys Golesworthy (Global Arbitration, Trade and Advocacy); Andrew R. Holland, James Phythian-Adams, Christophe H. Burusco, Scott J.F. Goldstein, Julie Rodriguez, Anna Williford, and Spencer K. Caro (Insurance); Cathryn Le Regulski, Peter McCorkell, Aimee G. Mackay, Alex Down, and Sara E. Salmonson (Labor and Employment); Francesca Blythe, Ash Nagdev, Sasha Hondagneu-Messner, and Anila Rayani (Privacy and Cybersecurity); Elizabeth K. McCloy and Brandon Bryer (Real Estate); Suresh T. Advani, Jason Menzies, Ellie Verran, Jennifer Waclawik, Ryan Power, and Fraser Tudor (Tax); and E. Kyle Barnett and Andy Dykstra (Technology and Life Sciences Transactions).~~Sidley represented Ryan Specialty (NYSE: RYAN), a specialty insurance provider, wholesale broker, and managing underwriter, in its acquisition of Innovisk Capital Partners LLP, a London-based portfolio of specialty managing general underwriters in indemnity, environmental, transactional liabilities, and commercial auto insurance. Following the acquisition, Innovisk will become part of Ryan’s Specialty Underwriting Managers business unit. The integration is expected to strengthen the company’s underwriting capabilities and provide a broader range of specialty insurance services. The Sidley team was led by Matthew D. Stoker (M&A and Private Equity), and included Thomas M. Thesing, Philip C. Cheveley, Fran S. Gray, Danielle N. Sismour, Stanley Amoah, Leah M. Cable, Reed M. Kreger, Ryan Martin, Brad I. McGee, Laura Persin, Nadja Schwarz, Taylor B. Shuman, and paralegal Denise M. Kerschhackl (M&A and Private Equity); Christian E. Pilhofer, Tom Topping, and Alexandra B. Green (Employee Benefits and Executive Compensation); Andrew W. Shoyer and Carys Golesworthy (Global Arbitration, Trade and Advocacy); Andrew R. Holland, James Phythian-Adams, Christophe H. Burusco, Scott J.F. Goldstein, Julie Rodriguez, Anna Williford, and Spencer K. Caro (Insurance); Cathryn Le Regulski, Peter McCorkell, Aimee G. Mackay, Alex Down, and Sara E. Salmonson (Labor and Employment); Francesca Blythe, Ash Nagdev, Sasha Hondagneu-Messner, and Anila Rayani (Privacy and Cybersecurity); Elizabeth K. McCloy and Brandon Bryer (Real Estate); Suresh T. Advani, Jason Menzies, Ellie Verran, Jennifer Waclawik, Ryan Power, and Fraser Tudor (Tax); and E. Kyle Barnett and Andy Dykstra (Technology and Life Sciences Transactions).

Nov 13

2 min

Sidley is representing Ryan Specialty (NYSE: RYAN), a specialty insurance provider, wholesale broker, and managing underwriter, in its acquisition of US Assure Insurance Services of Florida, Inc., a provider of builder’s risk insurance for residential and commercial construction and renovations — in the SME segment of the builders risk insurance market — for approximately US$1.075 billion in cash and up to an additional US$400 million, to the extent certain financial performance targets are achieved during a three-year period following the acquisition. The acquisition will make US Assure a part of Ryan’s Specialty Underwriting Managers business unit. The Sidley team is being led by Matthew D. Stoker and Gary D. Gerstman (M&A and Private Equity), and included Sylonda E. Lang, Danielle N. Sismour, Alexandra I. Rios, Taylor B. Shuman, and Leah M. Cable (M&A and Private Equity); Christophe H. Burusco, Scott J.F. Goldstein, and Riley E. Arnold (Insurance); Christian E. Pilhofer, Karim S. Pirani, Tom Topping, and Alexandra B. Green (Employee Benefits and Executive Compensation); Andrew W. Shoyer, Carys Golesworthy, and Allison V. Reading (Global Arbitration, Trade and Advocacy); Kendra Smith (Global Finance); Natalie C. Chan, Emily M. Wajert, and Sara E Salmonson (Labor and Employment); Sheri Porath Rockwell and Sasha Hondagneu-Messner (Privacy and Cybersecurity); Elizabeth K. McCloy, Brandon Bryer, and Margaret Whalen (Real Estate); Suresh T. Advani and Wondha Cadet (Tax); and E. Kyle Barnett and Ida Ebeid (Technology and Life Sciences Transactions).~~Sidley is representing Ryan Specialty (NYSE: RYAN), a specialty insurance provider, wholesale broker, and managing underwriter, in its acquisition of US Assure Insurance Services of Florida, Inc., a provider of builder’s risk insurance for residential and commercial construction and renovations — in the SME segment of the builders risk insurance market — for approximately US$1.075 billion in cash and up to an additional US$400 million, to the extent certain financial performance targets are achieved during a three-year period following the acquisition. The acquisition will make US Assure a part of Ryan’s Specialty Underwriting Managers business unit. The Sidley team is being led by Matthew D. Stoker and Gary D. Gerstman (M&A and Private Equity), and included Sylonda E. Lang, Danielle N. Sismour, Alexandra I. Rios, Taylor B. Shuman, and Leah M. Cable (M&A and Private Equity); Christophe H. Burusco, Scott J.F. Goldstein, and Riley E. Arnold (Insurance); Christian E. Pilhofer, Karim S. Pirani, Tom Topping, and Alexandra B. Green (Employee Benefits and Executive Compensation); Andrew W. Shoyer, Carys Golesworthy, and Allison V. Reading (Global Arbitration, Trade and Advocacy); Kendra Smith (Global Finance); Natalie C. Chan, Emily M. Wajert, and Sara E Salmonson (Labor and Employment); Sheri Porath Rockwell and Sasha Hondagneu-Messner (Privacy and Cybersecurity); Elizabeth K. McCloy, Brandon Bryer, and Margaret Whalen (Real Estate); Suresh T. Advani and Wondha Cadet (Tax); and E. Kyle Barnett and Ida Ebeid (Technology and Life Sciences Transactions).

Aug 2

2 min

Sidley represented Mapbox Inc., a location platform company, powering maps and navigation for major automotive OEMs, in its US$280 million Series E funding round, which will allow the company to make investments into AI location services and will also help broaden the company’s footprint in the automotive industry. The Sidley team included Matthew Stoker, Andrew Harper, Stacy Crosnicker, Graeme Waller, Shaika Ahmed, and Alex Newland.~~Sidley represented Mapbox Inc., a location platform company, powering maps and navigation for major automotive OEMs, in its US$280 million Series E funding round, which will allow the company to make investments into AI location services and will also help broaden the company’s footprint in the automotive industry. The Sidley team included Matthew Stoker, Andrew Harper, Stacy Crosnicker, Graeme Waller, Shaika Ahmed, and Alex Newland.

Sep 29

1 min

Sidley is representing Pretium Partners, LLC, in its agreement to acquire BH Management Services, a property management platform in multi-family, student, and single-family housing. Pretium is a specialized investment firm with more than US$50 billion in assets under management. The deal will enable Pretium to expand its footprint and residential real estate services while also continue providing diverse housing options for its clients. The transaction is expected to close early in the second quarter. The Sidley team is being led by Elizabeth Fries (Investment Funds) and Karen A. Dewis and Matthew D. Stoker (M&A), and includes Jeremy B. Pettit, Amanda M. Patterson, Ashley S. Rogers, Kendall E. Bernard, and Charles S. Warden Jr. (M&A); Keith Del Prete, Jonathan H. Koh, and Natasha Gunasekara Garber (Real Estate); Andrew R. Holland and Scott J.F. Goldstein (Insurance); Carrie Mahan, Vadim M. Brusser, and Nicole Booth (Antitrust and Competition); Stacy Crosnicker (Employee Benefits and Executive Compensation); Cathryn Le Regulski and Sara E. Salmonson (Labor and Employment); Jim Ducayet (Commercial Litigation); Kelly M. Dybala (Global Finance); E. Kyle Barnett (Technology and Life Sciences Transactions); Thomas D. Cunningham (Privacy and Cybersecurity); and Heather Palmer and Greta T. Carlson (Environmental).~~Sidley is representing Pretium Partners, LLC, in its agreement to acquire BH Management Services, a property management platform in multi-family, student, and single-family housing. Pretium is a specialized investment firm with more than US$50 billion in assets under management. The deal will enable Pretium to expand its footprint and residential real estate services while also continue providing diverse housing options for its clients. The transaction is expected to close early in the second quarter. The Sidley team is being led by Elizabeth Fries (Investment Funds) and Karen A. Dewis and Matthew D. Stoker (M&A), and includes Jeremy B. Pettit, Amanda M. Patterson, Ashley S. Rogers, Kendall E. Bernard, and Charles S. Warden Jr. (M&A); Keith Del Prete, Jonathan H. Koh, and Natasha Gunasekara Garber (Real Estate); Andrew R. Holland and Scott J.F. Goldstein (Insurance); Carrie Mahan, Vadim M. Brusser, and Nicole Booth (Antitrust and Competition); Stacy Crosnicker (Employee Benefits and Executive Compensation); Cathryn Le Regulski and Sara E. Salmonson (Labor and Employment); Jim Ducayet (Commercial Litigation); Kelly M. Dybala (Global Finance); E. Kyle Barnett (Technology and Life Sciences Transactions); Thomas D. Cunningham (Privacy and Cybersecurity); and Heather Palmer and Greta T. Carlson (Environmental).

Mar 1

2 min

CECO Environmental Corp. said Tuesday it has agreed to acquire Thermon Group Holdings Inc. in a stock and cash deal valued at about $2.2 billion, expanding its footprint in industrial thermal and environmental solutions. Gibson Dunn & Crutcher LLP is advising CECO, while Sidley Austin LLP is advising Thermon. For each share held, Thermon shareholders can elect to receive either $10 in cash and 0.6840 shares of CECO common stock, $63.89 in cash, or 0.8110 shares of CECO stock, subject to terms that keep each payout within agreed limits, the companies said in an announcement. The consideration implies a value of about $63.13 per Thermon share, representing a premium of about 26.8% to Thermon's prior-day closing price of $49.77, the companies said. Thermon's stock was up about 2.5% Tuesday, trading at $51.08 midafternoon. The combination will add Thermon's process heating, heat tracing, and temperature management technologies to CECO's portfolio of air quality, emissions control, and water treatment solutions. Upon completion, CECO and Thermon shareholders are expected to own about 62.5% and 37.5%, respectively, of the combined company. CECO CEO Todd Gleason will continue to lead the company, and the CECO board will include two members from Thermon's current board. The companies said they expect to generate about $40 million in annual cost synergies within 36 months of closing, and they expect to have a more balanced revenue mix with greater exposure to short cycle and aftermarket revenues. The deal has been unanimously approved by the boards of both companies and is expected to close in mid-2026, subject to customary closing conditions. The Sidley team is led by partners Scott Williams and Matthew Stoker. The Gibson Dunn team is led by partners Jonathan Whalen and Jeffrey Chapman.

Feb 24

1 min