Ted M. Frankel, P.C.
Overview
Ted Frankel focuses on mergers and acquisitions and other strategically important transactions domestically and internationally, with a focus on transactions involving private equity funds and their portfolio companies. His practice also involves joint ventures, equity investments (including PIPEs and growth equity investments), recapitalizations, secondary sales (including continuation fund transactions) and corporate restructurings. Ted’s transaction experience spans a variety of industries, including automation, software, technology, media, healthcare, consumer products, retail, business and financial services, specialty chemicals, industrial products, manufacturing and material handling systems. Current clients include Arsenal Capital, Bain Capital, Motive Partners, Sumeru Equity Partners, Thomas H. Lee Partners and Warburg Pincus.
Ted was recognized by Chambers USA for Corporate/M&A - Private Equity in 2021–2022 and by Law360 as a “Rising Star” in 2016. Clients highlight Ted's "deep knowledge in M&A, his commercial approach to solving issues, and ability to simplify complex issues."
Experience
Representative Matters
Arsenal Capital Partners in various matters, including the following completed transactions:
- acquisition and sale of Inhance Technologies
- sale of Novolyte Technologies and Novolyte Performance Materials to BASF
- acquisition of IGM Group and several add-on acquisitions for IGM Group
- sale of Charter Brokerage to Berkshire Hathaway
- acquisition of TractManager
- acquisition and sale of Flowchem
- acquisition of Kel-Tech and Kel-Tech’s acquisition of Danlin Industries
- several add-on acquisitions for FrontStream Payments and sale of FrontStream Payments
- formation of Polymer Solutions Group, and acquisition of Peach State Labs, Phoenix Chemical Company, Flow Polymers and SASCO, as well as subsequent sale of Polymer Additives Business
- acquisition and sale of BioIVT
- sale of its interest in KGS-Alpha Capital Markets to BMO Financial Group
- acquisition of Spartech from PolyOne and sale to Nautic Partners
- acquisition of Fralock
- acquisition of Polytek Development Corp.
- sale of Elite Comfort Solutions to Leggett & Platt for $1.25 billion
- acquisition of Revolution Plastics
- acquisition and combination of Caprion Biosciences and HistoGeneX to form CellCarta, as well as subsequent acquisitions of Mosaic Labs and Reveal Biosciences
- acquisition of Clariant AG’s Healthcare Packaging business
- CPS Performance Materials’ acquisition of GEO Specialty Chemicals
- acquisition of Applied Adhesives
- acquisition of Eckhart and combination of Eckhart with Innovative Products & Equipment
Bain Capital in various matters, including the following completed transactions:
- acquisition of Toys “R” Us
- acquisition of Sensata Technologies from Texas Instruments
- Ideal Standard’s sale of Incesa to Corona
- acquisition of Physio-Control from Medtronic, spin-off of Kestra Medical Technologies from Physio-Control and sale of Physio-Control to Stryker for $1.28 billion
- acquisition of Notre Dame Intermédica
- acquisition of Rodeo Dental
- acquisition of Multi-Specialty Healthcare
- investment in Hand in Hand
Thomas H. Lee Partners in various matters, including the following completed transactions:
- acquisition of Phillips Pet Food & Supplies
- acquisition of Bargain Hunt
- acquisition of Give & Go Prepared Foods and sale to Mondelēz International
- acquisition of Professional Physical Therapy
- acquisition of Art Van Furniture and several add-on acquisitions for Art Van Furniture
- acquisition of Material Handling Systems and several add-on acquisitions for Material Handling Systems
- acquisition of Auction.com and Ten-X, as well as subsequent separation of businesses and sale of Ten-X to CoStar
- acquisition and subsequent recapitalization of Hightower and several add-on acquisitions for Hightower
- acquisition of Alfresco Software and sale to Hyland Software
- sale of Curo Health Services to consortium comprised of Humana Inc., TPG Capital and Welsh, Carson, Anderson & Stowe for $1.4 billion
- recapitalization of 8th Avenue Food & Provisions
- acquisition and IPO of Dun & Bradstreet (as part of investor group also including CC Capital, Cannae Holdings, Bilcar and Black Knight)
- acquisition of Fortna
- acquisition of Nextech Systems
- acquisition of AutoStore, sale of minority stake to SoftBank, and initial public offering
- acquisition of Centria Healthcare
- acquisition and subsequent recapitalization of AmeriLife Group
- acquisition of Seniorlink
- acquisition of Adare Pharma Solutions
- acquisition of Insurance Technologies
- acquisition of Care Hospice
- initial public offering of Agiliti
- acquisition of AbacusNext
- investment in FourKites
- acquisition of Bazaarvoice
- acquisition of House of Design
- acquisition of Odessa
- acquisition of Brooks Automation Inc.
- investment in RightHand Robotics
- investment in Kinexon
- investment in Smile Doctors
- investment in Qventus
- acquisition of Carpe Data
- combination and recapitalization of Fortna and Material Handling Systems
- acquisition of inriver
- acquisition of Bynder
Warburg Pincus in various matters, including the following completed transaction:
- investment in Aura
Motive Partners in various matters, including the following completed transactions:
- acquisition of majority stake in Tegra118 (f/k/a Fiserv’s Investment Services Business)
- acquisition of InvestCloud, and combination of InvestCloud with Finantix and Tegra118 to create SaaS global wealth solutions platform
Sumeru Equity Partners in various matters, including the following completed transaction:
- Investment in 360Learning
In addition to the matters highlighted above, over the course of his career Ted also has completed M&A transactions for various other private equity firms.
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Credentials
Admissions & Qualifications
- 2003Illinois
- 2009California
Education
- Northwestern Pritzker School of LawJ.D.2003
- Princeton UniversityA.B., History2000