Mark D. Pflug

Simpson Thacher is representing KKR in connection with its disposal of a majority stake in A-Gas to TPG Rise Climate. KKR will remain a significant minority shareholder in the business, continuing to work in collaboration with TPG Rise Climate and the A-Gas Leadership Team. The transaction is subject to customary closing conditions and is expected to complete by the end of 2023.~~A-Gas is the global leader in the supply and lifecycle management of refrigerant gases, with a long history of being at the forefront of refrigerant gas recovery and reclamation.  Since KKR’s acquisition, which was made through KKR European Fund IV in 2017, A-Gas has grown revenue by 14% and EBITDA by 18% on average annually.~~The Simpson Thacher team includes Mark Pflug, Clare Gaskell, James Campisi, Sean Macdonald and Sam Moon (Corporate); Étienne Renaudeau, Henry Llewellyn, Susanna Breslin and Michael Tagliavini (Antitrust); Shahpur Kabraji and Kwasi Mills-Bampoe (Credit); and Sarah Lindley, William Smolinski, Meredith Jones and Phoebe Adams (Tax).

Aug 17

1 min

Simpson Thacher is representing KKR in connection with the announced strategic merger between 123Dentist, Altima Dental and Lapointe Group to create one of the largest dental support organizations in Canada, with nearly 350 supported dental practices. The transaction is being financed through equity capital provided by Peloton Capital Management, KKR, Heartland Dental (a KKR portfolio company), and Sentinel Capital Partners.~~123Dentist is a leading dental support organization in Canada. It has grown from a single practice in Vancouver, owned by CEO Dr. Amin Shivji and two partners, to more than 250 supported practices and 3,500 team members. Altima Dental is one of Canada’s longest-standing premier dental support organizations, founded and led by dentists Dr. George Christodoulou and Dr. Sven Grail. Founded in 1987 by Larry and Yves Lapointe, Lapointe Group has been serving professionals and patients for 35 years. The Lapointe Group joined Altima Dental in 2018 and operates the Lapointe Dental Centres, a 100% Quebec banner of the Lapointe Group, with over 35 dental practices.~~The Simpson Thacher team included Mark Pflug, Jihyun Chung, Eduard Popov and Daniel Lee (M&A); Jackie Song, Callie Robins and Paige Brinton (Credit); Joe Kaufman and Sunny Cheong (Capital Markets); Marcy Geller, Bill Smolinski and Mathew Lester (Tax); David Rubinsky, Megan Arrowsmith and Joshua Stephens (ECEB); and Peter Guryan and James Goldfeier (Antitrust).

Jul 13

1 min

Corporate Partner Mark Pflug was a featured speaker at the 12th European Corporate and Private M&A Conference in Paris on February 8, which was presented by the IBA Corporate and M&A Law Committee. Mark participated in a panel titled, “Up in the air!? Evolution of main terms and economics in European PE deals.” The discussion analyzed recent evolutions shaping current PE deals, as well as the industry more broadly, including developments in management packages and general partner consolidation, among other topics. For more information on the IBA, please click here.

Dec 2

1 min

Simpson Thacher hosted its 2022 Healthcare Perspectives Event virtually on January 6. The webinar, which was held ahead of JPMorgan’s annual healthcare conference, featured two sessions. The first session, moderated by Partner Mark Pflug, included a discussion with Daniel Pickett, Co-Founder, President and Chief Executive Officer at aptihealth, Inc., focused on the digital behavioral healthcare and therapeutics space. The second session, co-moderated by Partners Katie Sudol and Art Robinson, featured Carl Hull, Chairman and Chief Executive Officer at Maravai LifeSciences (NASDAQ: MRVI), discussing how Maravai enables the development of drug therapies, diagnostics and novel vaccines and supports research on human diseases through its portfolio of market-leading companies and proprietary technologies.

Nov 1

1 min