Benjamin A. Bodurian

Benjamin Bodurian is an M&A partner in the Firm’s Washington, D.C. office. He specializes in advising alternative asset managers, investment funds, and other financial institutions on complex corporate transactions, including sales of control and minority stakes in asset managers, mergers of retail investment funds, and GP-led secondaries transactions.

Benjamin also regularly represents public and private companies in high-stakes M&A transactions and other corporate matters, including take-privates, carveouts, recapitalizations, majority and minority investments, joint ventures, stockholder activism, and corporate governance. He has experience advising clients across a variety of sectors, including healthcare, technology, industrials and manufacturing, transportation, real estate, and retail.
     
Benjamin’s clients have included leading alternative asset managers and financial institutions such as BC Partners, Carlyle, TD Bank, and USAA and large corporations such as Change Healthcare, Herc Rentals, Republic Airways, and Teleflex. His representative experience includes:

Alternative Asset Managers, Investment Funds, and Other Financial Institutions:

• Finance of America, a reverse mortgage lender, in its $1.9 billion business combination with Replay Acquisition, a SPAC
• USAA in multiple transactions involving its asset management businesses, including the $1.8 billion sale of its brokerage and wealth management businesses to Charles Schwab and the sale of a controlling interest in its real estate asset management business to a group of third-party investors, including James Davidson, a founder of Silver Lake
• TD Bank in its $1.3 billion acquisition of Cowen Inc., an investment bank
• BC Partners’ credit platform in multiple transactions involving business development companies registered under the Investment Company Act of 1940, including the conversion of KCAP Financial (subsequently renamed Portman Ridge Finance Corporation) from an internally managed BDC to an externally managed BDC; Portman Ridge’s acquisitions of OHA Investment Corp and Garrison Capital; and Runway Growth Finance Corp.’s acquisition of SWK Holdings Corporation
• Carlyle’s credit platform in its fund adoption of Vertical Capital Income Fund, a publicly traded closed end fund registered under the ’40 Act
• First Eagle Alternative Capital BDC in its acquisition by Crescent Capital BDC
• Meridian Capital, a commercial real estate finance firm, in multiple transactions, including its sale of a minority stake to Stone Point Capital and its acquisition of a controlling stake in the agency lending business of Barings (subsequently renamed NewPoint Real Estate Capital)
• A leading alternative asset manager in its strategic partnership agreement with another alternative asset manager

Healthcare:

• Change Healthcare, a healthcare technology company, in its $13.8 billion sale to UnitedHealth Group, following the DOJ’s unsuccessful antitrust challenge in federal court
• Amedisys, a home health and hospice provider, in its $3.3 billion sale to UnitedHealth Group, following an antitrust settlement with the DOJ
• Teleflex, a medical devices manufacturer, in the $1.5 billion sale of its OEM business to Montagu and Kohlberg and in the $500 million proposed sale of its Acute Care and Interventional Urology businesses to Intersurgical Ltd
• Amneal Pharmaceuticals, a biopharmaceutical company, in its acquisition of Kashiv BioSciences for up to $1.1 billion
• PPD, a contract research organization, in its acquisition of the clinical research site business of Bioclinica
• The Halifax Group in its sale of Envision Pharma Group to Ardian and GHO Capital*
• A leading healthcare data analytics company in its recapitalization
• The life sciences platform of a leading alternative asset manager in the sale of minority interests in portfolio companies in the medical devices and biopharmaceuticals spaces

Technology:

• Supernova Partners, a SPAC, in its $3 billion business combination with Offerpad, a real estate i-buyer
• Neustar, an information services company, in its $2.9 billion sale to Golden Gate Capital, its $220 million acquisition of the caller-ID business of Transaction Network Services, and its $118 million acquisition of Bombora Technologies*
• Zayo Group, a communications infrastructure and bandwidth service provider, in its $1.4 billion acquisition of Electric Lightwave*
• Garda World Security Corporation, a security services and risk management company, in its acquisitions of Stealth Monitoring and OnSolve
• Verisign, an information services company, in the sale of its iDefense business to Accenture*

Industrials and Manufacturing:

• Herc Rentals, a construction equipment rental supplier, in its successful $5.3 billion topping bid for H&E Equipment Services, following H&E’s termination of its proposed sale to United Rentals
• AGCO, an agricultural equipment manufacturer, in the $700 million sale of its Grain & Protein business to American Industrial Partners
• Platinum Equity in its $675 million acquisition of 51% of Ball Corp’s tinplate packaging businesses*
• SemGroup, a midstream energy company, in its $390 million acquisition of Rose Rock Midstream and its $350 million convertible preferred stock issuance to Warburg Pincus and other investors*
• A leading private equity firm in multiple transactions in the building products industry, including its acquisitions of Hanson Building Products, Arclin, and Precast Concepts*

Transportation:

• Republic Airways in its merger-to-IPO with Mesa Air Group, creating a leading publicly traded regional airline
• EQT in multiple transactions, including its sales of Direct ChassisLink and Blume Global
• One Equity Partners in its acquisition of PS Logistics*
• Evercore, as financial advisor to Knight Transportation, in Knight’s $6 billion merger-of-equals with Swift Transportation*

Real Estate:

• Marriott International in its contested $13.6 billion acquisition of Starwood Hotels & Resorts*
• Hilton Grand Vacations in its $1.5 billion acquisition of Bluegreen Vacations
• Wynn Resorts in its successful proxy contest against Elaine Wynn*

Retail:

• El Puerto de Liverpool, a leading Mexican retail company, in its $6.25 billion take-private, together with the Nordstrom Family, of Nordstrom, Inc.

Benjamin received his J.D. from the University of Virginia School of Law and his B.A., magna cum laude, from Williams College.

*Includes experience prior to joining Simpson Thacher & Bartlett LLP