Benjamin A. Bodurian

Based in the Firm’s Washington, D.C. office, Benjamin Bodurian advises public and private companies and private equity firms on mergers and acquisitions, investments, dispositions, joint ventures, shareholder activism and other significant corporate transactions, particularly those facing regulatory scrutiny. He has represented clients across a variety of sectors, including healthcare, financial services, technology, industrials and manufacturing, transportation, real estate and retail. Benjamin’s clients have included large corporations such as Change Healthcare, Garda World Security, Herc Rentals and Republic Airways as well as private equity firms such as BC Partners, Carlyle and EQT.  

Benjamin’s representations, including those prior to joining Simpson Thacher, include:

Healthcare:

• Change Healthcare in its $13.8 billion sale to UnitedHealth Group, following the DOJ’s unsuccessful antitrust challenge in federal court 
• Amedisys in its $3.3 billion sale to UnitedHealth Group, following an antitrust settlement with the DOJ
• Teleflex in the pending sales, for a combined total of $2.03 billion, of its Acute Care and Interventional Urology businesses to Intersurgical Ltd and its OEM business to private equity firms Montagu and Kohlberg
• PPD 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

Financial Services:

• Finance of America 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 
• BC Partners’ credit platform in multiple transactions regarding business development companies registered under the Investment Company Act of 1940, including transactions involving KCAP Financial (subsequently renamed Portman Ridge Finance Corporation), OHA Investment Corp, Garrison Capital and 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
• Meridian Capital in multiple transactions, including its acquisition of a controlling stake in the agency lending business of Barings (subsequently renamed NewPoint Real Estate Capital)

Technology:

• Supernova Partners, a SPAC, in its $3 billion business combination with Offerpad
• Neustar 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 in its $1.4 billion acquisition of Electric Lightwave 
• Garda World Security Corporation in its acquisitions of Stealth Monitoring and OnSolve
• Verisign in the sale of its iDefense business to Accenture

Industrials and Manufacturing:

• Herc Rentals 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 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 in its $390 million acquisition of Rose Rock Midstream and its $350 million convertible preferred stock issuance to Warburg Pincus and other investors
• A prominent 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 with Swift Transportation 

Consumer-Facing:

• Marriott International in its contested $13.6 billion acquisition of Starwood Hotels & Resorts
• El Puerto de Liverpool in its $6.25 billion take-private, together with the Nordstrom Family, of Nordstrom, Inc.
• Hilton Grand Vacations in its $1.5 billion acquisition of Bluegreen Vacations

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