Christian E. Pilhofer

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 Jefferies Finance LLC, as borrower and issuer, in its US$1.95 billion bank/bond financing, consisting of a US$950 million senior secured term loan facility and US$500 million priority secured revolving facility, and US$500 million high-yield offering of 6.625% Senior Secured Notes due 2031. The Sidley deal team was led by Joshua Thompson and Kelechi Adibe (Global Finance) and Johnny Skumpija and David Ni (Capital Markets), and included Daniel Philion, Hiroko Ito, D.J. Hill, and Bill Turnbull (Global Finance); Todd Gilbert, Kostian Ciko, Jessica Li, and Jennifer Lin (Capital Markets); as well as Christian Brause, Andy Lau, John Schaff, and Noam Waltuch (Tax); Nathan Greene and John Ekblad (Investment Funds); Christian Pilhofer and Paige Garcia (Employee Benefits and Executive Compensation); and Stephen McInerney and Colleen Brown (Privacy and Cybersecurity).~~Sidley represented Jefferies Finance LLC, as borrower and issuer, in its US$1.95 billion bank/bond financing, consisting of a US$950 million senior secured term loan facility and US$500 million priority secured revolving facility, and US$500 million high-yield offering of 6.625% Senior Secured Notes due 2031. The Sidley deal team was led by Joshua Thompson and Kelechi Adibe (Global Finance) and Johnny Skumpija and David Ni (Capital Markets), and included Daniel Philion, Hiroko Ito, D.J. Hill, and Bill Turnbull (Global Finance); Todd Gilbert, Kostian Ciko, Jessica Li, and Jennifer Lin (Capital Markets); as well as Christian Brause, Andy Lau, John Schaff, and Noam Waltuch (Tax); Nathan Greene and John Ekblad (Investment Funds); Christian Pilhofer and Paige Garcia (Employee Benefits and Executive Compensation); and Stephen McInerney and Colleen Brown (Privacy and Cybersecurity).

Oct 29

1 min

Sidley represented CDW Corporation (NASDAQ: CDW), a leading provider of computing hardware and cloud information technology solutions, in its acquisition of Mission Cloud Services Inc. Mission provides cloud, AI and machine learning, consulting, and managed service solutions. The acquisition complements CDW’s cloud, data, AI and software platform engineering organization, CDW Digital Velocity. The Sidley team was led by Gary D. Gerstman and Danielle M. Haikal (M&A and Private Equity), and included Emily M. Olivera, Claire Grogan, Jordan M. Lemoine, and Lauren J. Spicer (M&A and Private Equity); James W. Lowe, Benjamin R. Nagin, Jamie M. Sadler, and Kristina A. Gliklad (Antitrust and Competition); David E. Teitelbaum (Banking and Financial Services); Christian E. Pilhofer and Sarah K. Recktenwald (Employee Benefits and Executive Compensation); Heather M. Palmer (Environmental); Jen Fernandez, Howard J. Stanislawski, Carys Golesworthy, and Heather Hedges (Global Arbitration, Trade and Advocacy); Pietro Fontana, Angela Fontana, and Adam M. Nelson (Global Finance); Scott J.F. Goldstein (Insurance); Teresa L. Reuter (Labor and Employment); Lauren Kitces, Garrett M. Lance, and Cole R. Rianda (Privacy and Cybersecurity); Elizabeth K. McCloy and Brandon Bryer (Real Estate); Ike Adams and D’Juan B. Jones (Securities Enforcement and Regulatory); Suresh T. Advani (Tax); Anna Remis and Natalie T. Crawford (Technology and Life Sciences Transactions); and Geeta Malhotra (White Collar Defense and Investigations).~~Sidley represented CDW Corporation (NASDAQ: CDW), a leading provider of computing hardware and cloud information technology solutions, in its acquisition of Mission Cloud Services Inc. Mission provides cloud, AI and machine learning, consulting, and managed service solutions. The acquisition complements CDW’s cloud, data, AI and software platform engineering organization, CDW Digital Velocity. The Sidley team was led by Gary D. Gerstman and Danielle M. Haikal (M&A and Private Equity), and included Emily M. Olivera, Claire Grogan, Jordan M. Lemoine, and Lauren J. Spicer (M&A and Private Equity); James W. Lowe, Benjamin R. Nagin, Jamie M. Sadler, and Kristina A. Gliklad (Antitrust and Competition); David E. Teitelbaum (Banking and Financial Services); Christian E. Pilhofer and Sarah K. Recktenwald (Employee Benefits and Executive Compensation); Heather M. Palmer (Environmental); Jen Fernandez, Howard J. Stanislawski, Carys Golesworthy, and Heather Hedges (Global Arbitration, Trade and Advocacy); Pietro Fontana, Angela Fontana, and Adam M. Nelson (Global Finance); Scott J.F. Goldstein (Insurance); Teresa L. Reuter (Labor and Employment); Lauren Kitces, Garrett M. Lance, and Cole R. Rianda (Privacy and Cybersecurity); Elizabeth K. McCloy and Brandon Bryer (Real Estate); Ike Adams and D’Juan B. Jones (Securities Enforcement and Regulatory); Suresh T. Advani (Tax); Anna Remis and Natalie T. Crawford (Technology and Life Sciences Transactions); and Geeta Malhotra (White Collar Defense and Investigations).

Dec 2

2 min

Sidley is representing Gamma Biosciences, a life sciences platform established by KKR to address the advanced therapy bioprocessing market, in its US$600 million sale of Mirus Bio to Merck KGaA, Darmstadt, Germany (XTRA:MRK). Mirus Bio is a leading provider of transfection solutions used to deliver genetic material into cells. The Sidley team is being led by David Zampa and Cameron S. Stanton (M&A and Private Equity), and includes Spencer A. Lee, Will Schoenfeld, Elizabeth Buescher, and Brad I. McGee (M&A and Private Equity); Suresh T. Advani (Tax); Christian E. Pilhofer and Alexandra M. Peterson (Employee Benefits and Executive Compensation); Natalie C. Chan (Labor and Employment); Ash Nagdev and Ernesto R. Claeyssen (Privacy and Cybersecurity); Patrick J. Harrison, James W. Lowe, Laurenz Bové, and Jason C. Semmes (Antitrust and Competition); James Mendenhall and Kayla M. Scott (Trade); and Scott J.F. Goldstein (Insurance). Sidley also represented Gamma Biosciences when it acquired a controlling stake of Mirus Bio in 2021.~~Sidley is representing Gamma Biosciences, a life sciences platform established by KKR to address the advanced therapy bioprocessing market, in its US$600 million sale of Mirus Bio to Merck KGaA, Darmstadt, Germany (XTRA:MRK). Mirus Bio is a leading provider of transfection solutions used to deliver genetic material into cells. The Sidley team is being led by David Zampa and Cameron S. Stanton (M&A and Private Equity), and includes Spencer A. Lee, Will Schoenfeld, Elizabeth Buescher, and Brad I. McGee (M&A and Private Equity); Suresh T. Advani (Tax); Christian E. Pilhofer and Alexandra M. Peterson (Employee Benefits and Executive Compensation); Natalie C. Chan (Labor and Employment); Ash Nagdev and Ernesto R. Claeyssen (Privacy and Cybersecurity); Patrick J. Harrison, James W. Lowe, Laurenz Bové, and Jason C. Semmes (Antitrust and Competition); James Mendenhall and Kayla M. Scott (Trade); and Scott J.F. Goldstein (Insurance). Sidley also represented Gamma Biosciences when it acquired a controlling stake of Mirus Bio in 2021.

May 23

1 min

Sidley represented Sensei Biotherapeutics, Inc. (Nasdaq: SNSE), a clinical-stage biotechnology company focused on the discovery and development of next-generation therapeutics for cancer patients, in its acquisition of Faeth Therapeutics Inc., a clinical-stage biotechnology company developing multi-node therapies targeting tumor metabolism and signaling. Concurrent with the acquisition, Sidley also represented Sensei in its definitive agreement for the sale of Series B non-voting convertible preferred stock in a private placement expected to result in gross proceeds of approximately US$200 million. The Sidley team was led by Asher Rubin (Technology and Life Sciences Transactions), John Butler (M&A), Istvan Hajdu (Capital Markets), and Nikita Ponomarev (M&A), and included Michael Rohr, Emily Chazen, Xi Zhao, and law clerk Christine Seo (M&A); Nick DeAngelis, Sonia Gupta Barros, Kendell Lee, and Eric Carlson (Capital Markets); Adriana Tibbitts, Collin Marshall, and Kayla Nguyen (Technology and Life Sciences Transactions); Gregory Marrs, Christian Pilhofer, Ryan McLeod, and Madeline Clasen (Employee Benefits and Executive Compensation); Christian Brause and Tyler Combest (Tax); Eric Hoffman (Labor, Employment and Immigration); and IP Transactions Specialist Raza Siddiqui.

Feb 18

1 min