Steven R. Rutkovsky

Sidley represented Stanley Capital Partners (“SCP”), the specialist healthcare and resource efficiency private equity investor, on its strategic majority investment in SePRO Corporation (“SePRO”), a leading specialty environmental restoration company. The investment was made together with Goldman Sachs Alternatives as a minority co-investor, and will further accelerate SePRO’s ability to provide the best-in-class solutions, emerging technologies and technical support to customers in water management and other sectors through organic growth strategies and acquisitions. SCP’s 130-person digital development and transformation team will partner with SePRO leadership to accelerate this digital transformation journey. This investment marks the second SCP has made in the resource efficiency sector, following its strategic acquisition of Roboyo in October 2023, on which Sidley also advised. The Sidley team was led by Private Equity partners Brittany J. Harrison and Paul Dunbar and includes Sam Hulsey and Kyle Patel (M&A and Private Equity); supported by Steven Rutkovsky, Shayona Schiely, Caroline Roberts and James Blanchard (Global Finance); Lauren A. Gallagher and Gregory Matisoff (Employee Benefits and Executive Compensation); Rachel Kleinberg and Andy Lau (Tax); Heather Palmer (Environmental); Kara McCall (Products Liability); Cathryn Le Regulski (Labor and Employment); Glenn Nash and Valerie Truong (Intellectual Property), Vadim Brusser and Edward Sharon (Antitrust).~~Sidley represented Stanley Capital Partners (“SCP”), the specialist healthcare and resource efficiency private equity investor, on its strategic majority investment in SePRO Corporation (“SePRO”), a leading specialty environmental restoration company. The investment was made together with Goldman Sachs Alternatives as a minority co-investor, and will further accelerate SePRO’s ability to provide the best-in-class solutions, emerging technologies and technical support to customers in water management and other sectors through organic growth strategies and acquisitions. SCP’s 130-person digital development and transformation team will partner with SePRO leadership to accelerate this digital transformation journey. This investment marks the second SCP has made in the resource efficiency sector, following its strategic acquisition of Roboyo in October 2023, on which Sidley also advised. The Sidley team was led by Private Equity partners Brittany J. Harrison and Paul Dunbar and includes Sam Hulsey and Kyle Patel (M&A and Private Equity); supported by Steven Rutkovsky, Shayona Schiely, Caroline Roberts and James Blanchard (Global Finance); Lauren A. Gallagher and Gregory Matisoff (Employee Benefits and Executive Compensation); Rachel Kleinberg and Andy Lau (Tax); Heather Palmer (Environmental); Kara McCall (Products Liability); Cathryn Le Regulski (Labor and Employment); Glenn Nash and Valerie Truong (Intellectual Property), Vadim Brusser and Edward Sharon (Antitrust).

Aug 1

2 min

Sidley represented Wafra Inc. in its strategic investment in Spotless Brands, a car wash platform that partners with operators and has over 140 locations. Wafra Inc., is a global alternative investment manager with approximately US$31 billion of assets under management. The Sidley team was led by Brien M. Wassner and Daniel S. Rawner (Private Equity) as well as Steven R. Rutkovsky (Global Finance). The deal team also included: Grace Jamgochian, David Meehan, Anna Razzaio, and Alisha J. Tupchong (M&A and Private Equity); Joshua W. Thompson and Shawn Bagdasarian (Global Finance), Beth M. Quintana, Ivet A. Bell, EJ Lee, Fares Chehabi, Joo Hee Kim, and Jean Wenjing Liang (Investment Funds); Christian Brause and Joel Lifshitz (Tax); Beatriz Azcuy, Alex Longan, Katherine Medianik, Connor Evans, and Nick Serra (Real Estate); Andy Dykstra (Technology and Life Sciences Transactions); Sasha Hondagneu-Messner (Privacy and Cybersecurity); Amanda Casanueva (Employee Benefits and Executive Compensation); Eric G. Hoffman and Erika B. Pringle (Labor and Employment); and Maureen M. Crough, Jagdeep Singh, and Greta T. Carlson (Environmental).~~Sidley represented Wafra Inc. in its strategic investment in Spotless Brands, a car wash platform that partners with operators and has over 140 locations. Wafra Inc., is a global alternative investment manager with approximately US$31 billion of assets under management. The Sidley team was led by Brien M. Wassner and Daniel S. Rawner (Private Equity) as well as Steven R. Rutkovsky (Global Finance). The deal team also included: Grace Jamgochian, David Meehan, Anna Razzaio, and Alisha J. Tupchong (M&A and Private Equity); Joshua W. Thompson and Shawn Bagdasarian (Global Finance), Beth M. Quintana, Ivet A. Bell, EJ Lee, Fares Chehabi, Joo Hee Kim, and Jean Wenjing Liang (Investment Funds); Christian Brause and Joel Lifshitz (Tax); Beatriz Azcuy, Alex Longan, Katherine Medianik, Connor Evans, and Nick Serra (Real Estate); Andy Dykstra (Technology and Life Sciences Transactions); Sasha Hondagneu-Messner (Privacy and Cybersecurity); Amanda Casanueva (Employee Benefits and Executive Compensation); Eric G. Hoffman and Erika B. Pringle (Labor and Employment); and Maureen M. Crough, Jagdeep Singh, and Greta T. Carlson (Environmental).

Mar 27

1 min

Sidley advised Exiger in connection with a majority investment by funds managed by global investment firm Carlyle (NASDAQ: CG) and global software investor Insight Partners. The transaction will enable Exiger to continue investing in its product portfolio of AI solutions that are used across government, defense, and commercial markets. Exiger’s mission is to make the world a safer and more transparent place to succeed through its software and tech-enabled solutions. Carlyle is a global investment firm with US$382 billion of assets under management as of September 30, 2023. Insight Partners is a global software investor with over US$80 billion in regulatory assets under management as of June 30, 2023. The Sidley team was led by M&A and Private Equity partners Christopher Rile, Grace Jamgochian, and Brien Wassner. The team also included: MK Han, Alison Malkowski, David Zhao, Kyle Fong, and Henry Ludwig (M&A and Private Equity); James Heyworth and Craig Francis Dukin (Litigation); Eric Wolf, Gregory Matisoff, and Ryan McLeod (Employee Benefits and Executive Compensation); Steven Rutkovsky and Shneur Wolvovsky (Global Finance); Christian Brause and Eric Grosshandler (Tax); Rachelle Soderstrom and Daphne Chen (Technology and Life Sciences Transactions); Vadim Brusser, Ken Daly, Miriam Carroll Silvestri, Iva Todorova, and Michael Weinberg (Antitrust and Competition); Sven De Knop, Howard Stanislawski, Justin Becker, and Alessandra Moroni (Global Arbitration, Trade and Advocacy); Peter McCorkell, Eric Hoffman, and Maeve Gillespie (Labor, Employment and Immigration); and Alan Raul and Sasha Hondagneu-Messner (Privacy and Cybersecurity).~~Sidley advised Exiger in connection with a majority investment by funds managed by global investment firm Carlyle (NASDAQ: CG) and global software investor Insight Partners. The transaction will enable Exiger to continue investing in its product portfolio of AI solutions that are used across government, defense, and commercial markets. Exiger’s mission is to make the world a safer and more transparent place to succeed through its software and tech-enabled solutions. Carlyle is a global investment firm with US$382 billion of assets under management as of September 30, 2023. Insight Partners is a global software investor with over US$80 billion in regulatory assets under management as of June 30, 2023. The Sidley team was led by M&A and Private Equity partners Christopher Rile, Grace Jamgochian, and Brien Wassner. The team also included: MK Han, Alison Malkowski, David Zhao, Kyle Fong, and Henry Ludwig (M&A and Private Equity); James Heyworth and Craig Francis Dukin (Litigation); Eric Wolf, Gregory Matisoff, and Ryan McLeod (Employee Benefits and Executive Compensation); Steven Rutkovsky and Shneur Wolvovsky (Global Finance); Christian Brause and Eric Grosshandler (Tax); Rachelle Soderstrom and Daphne Chen (Technology and Life Sciences Transactions); Vadim Brusser, Ken Daly, Miriam Carroll Silvestri, Iva Todorova, and Michael Weinberg (Antitrust and Competition); Sven De Knop, Howard Stanislawski, Justin Becker, and Alessandra Moroni (Global Arbitration, Trade and Advocacy); Peter McCorkell, Eric Hoffman, and Maeve Gillespie (Labor, Employment and Immigration); and Alan Raul and Sasha Hondagneu-Messner (Privacy and Cybersecurity).

Dec 19

2 min

Sidley represented Carlstar Group LLC (Carlstar) in its US$296 million acquisition by Titan International, Inc. (NYSE: TWI) (Titan). Carlstar is a global manufacturer and distributor of specialty tires and wheels for a variety of end-market verticals, including outdoor power equipment, power sports, trailers, and small to midsize agricultural and construction equipment. Titan is a global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. The transaction will serve to further diversify Titan’s product portfolio and bring new customer relationships in multiple channels. The Sidley team was led by M&A and Private Equity partner Justin Macke and senior managing associate MK (Mee Kyung) Han. Additional team members included: LinLin Teng and Amy Jang (M&A and Private Equity); Alex Csordas and Sam Gandhi (Capital Markets); Ernesto Claeyssen (Commercial Litigation and Disputes); Eric Wolf and Amanda Casanueva (Employee Benefits and Executive Compensation); Maureen Crough (Environmental); Jen Fernandez and Carys Golesworthy (Global Arbitration, Trade and Advocacy); Steven Rutkovsky (Global Finance); Eric Hoffman (Labor, Employment and Immigration); Ash Nagdev (Privacy and Cybersecurity); Christian Brause, Eric Grosshandler, and Joel Lifshitz (Tax); Julia Chester (Technology and Life Sciences); and Craig Francis Dukin (White Collar Defense and Investigations).~~Sidley represented Carlstar Group LLC (Carlstar) in its US$296 million acquisition by Titan International, Inc. (NYSE: TWI) (Titan). Carlstar is a global manufacturer and distributor of specialty tires and wheels for a variety of end-market verticals, including outdoor power equipment, power sports, trailers, and small to midsize agricultural and construction equipment. Titan is a global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. The transaction will serve to further diversify Titan’s product portfolio and bring new customer relationships in multiple channels. The Sidley team was led by M&A and Private Equity partner Justin Macke and senior managing associate MK (Mee Kyung) Han. Additional team members included: LinLin Teng and Amy Jang (M&A and Private Equity); Alex Csordas and Sam Gandhi (Capital Markets); Ernesto Claeyssen (Commercial Litigation and Disputes); Eric Wolf and Amanda Casanueva (Employee Benefits and Executive Compensation); Maureen Crough (Environmental); Jen Fernandez and Carys Golesworthy (Global Arbitration, Trade and Advocacy); Steven Rutkovsky (Global Finance); Eric Hoffman (Labor, Employment and Immigration); Ash Nagdev (Privacy and Cybersecurity); Christian Brause, Eric Grosshandler, and Joel Lifshitz (Tax); Julia Chester (Technology and Life Sciences); and Craig Francis Dukin (White Collar Defense and Investigations).

Feb 29

2 min

Sidley is representing private equity firm Arsenal Capital Partners in its acquisition of Knowtion Health, a provider of revenue cycle insurance claim resolution services supported by AI-enabled technologies. Arsenal Capital Partners focuses on building technology-rich healthcare and industrial growth companies. The Sidley team is being led by Will Baker and Christopher Rile (M&A and Private Equity), and includes Ethan McMahon, Victoria Richmond, Conner Collins, Fares Chehabi, Zani Doumbia, and Kim Gubbels (M&A and Private Equity); Christian Brause and Eric Grosshandler (Tax); Eric Wolf and Ryan McLeod (Employee Benefits and Executive Compensation); Eric Hoffman and Sara Salmonson (Labor and Employment); Stephen McInerney and Vishnu Tirumala (Privacy and Cybersecurity); E. Kyle Barnett, and Tomide K. Owolabi (Technology and Life Sciences Transactions); Meenakshi Datta, Jon Zucker, Rina Mady, George Maliha M.D., and Nicole Koshevatskiy (Healthcare); Elizabeth McCloy and Will Otter (Real Estate); Maureen Crough and Sarah Jehl (Environmental); Steven Rutkovsky and Robert Patow (Global Finance); Scott Goldstein (Insurance); and Edward Sharon and Miriam Carroll Silvestri (Antitrust and Competition).~~Sidley is representing private equity firm Arsenal Capital Partners in its acquisition of Knowtion Health, a provider of revenue cycle insurance claim resolution services supported by AI-enabled technologies. Arsenal Capital Partners focuses on building technology-rich healthcare and industrial growth companies. The Sidley team is being led by Will Baker and Christopher Rile (M&A and Private Equity), and includes Ethan McMahon, Victoria Richmond, Conner Collins, Fares Chehabi, Zani Doumbia, and Kim Gubbels (M&A and Private Equity); Christian Brause and Eric Grosshandler (Tax); Eric Wolf and Ryan McLeod (Employee Benefits and Executive Compensation); Eric Hoffman and Sara Salmonson (Labor and Employment); Stephen McInerney and Vishnu Tirumala (Privacy and Cybersecurity); E. Kyle Barnett, and Tomide K. Owolabi (Technology and Life Sciences Transactions); Meenakshi Datta, Jon Zucker, Rina Mady, George Maliha M.D., and Nicole Koshevatskiy (Healthcare); Elizabeth McCloy and Will Otter (Real Estate); Maureen Crough and Sarah Jehl (Environmental); Steven Rutkovsky and Robert Patow (Global Finance); Scott Goldstein (Insurance); and Edward Sharon and Miriam Carroll Silvestri (Antitrust and Competition).

Aug 23

1 min