Daniel D. Lewis, P.C.

Private Equity/M&A

Dan has been a key technology and IP advisor in numerous acquisitions and divestitures representing private equity sponsors and other clients. Representative clients include: Madison Dearborn Partners, Bain Capital, Thomas H. Lee, The Blackstone Group, Apax Partners, Linden Capital Partners, and Water Street Healthcare Partners.

Representative transactions include:

• Envista Holdings Corporation (NYSE: NVST) in its pending carve-out acquisition of Carestream Dental’s intra-oral scanners business for $600 million

• Celanese Corporation in its:

• $11 billion acquisition of a majority of DuPont’s Mobility & Materials Business (expected to close around end of 2022)
• $1.15 billion acquisition of ExxonMobil’s Santoprene TPV elastomers business

• Verizon (NYSE: VZ) on the sale of Verizon Media to funds managed by Apollo Global Management, Inc. (NYSE: APO) for $5 billion. The carve-out allows Verizon Media to pursue growth areas of Internet and digital media while Verizon maintains a minority stake 

• Francisco Partners in its carve-out acquisition of Capsule Technologies, a provider of medical device connectivity technology, from Qualcomm Inc.

• General Motors in its $2.25 billion investment from the SoftBank Vision Fund in GM Cruise Holdings LLC, GM's autonomous vehicle (AV) business, at a $11.5 billion valuation

• Thoma Bravo in its $950 million carve-out acquisition of Symantec’s SSL business

• Bain Capital with:
  • capitalizing and launching Virgin Cruises, including the long-term license agreement with Virgin Group
  • negotiation of the brand license agreement with Virgin Enterprises in connection with Bain’s $3.5 billion acquisition of Virgin Australia

• Accenture in its $830 million carve-out sale of the Navitaire travel systems business to, and long-term strategic alliance with, Amadeus SA

• Madison Dearborn Partners in numerous transactions, including: the carve-out of Walgreens Infusion Services from Walgreens, the acquisition of Enterprise DNS solutions provider, BlueCat; and sale of leading over-the-top (OTT) video provider, QuickPlay Media, Inc.

• Thomas H. Lee Partners in numerous transactions, including: the acquisition of online real estate marketplace, Ten-X; the acquisition of enterprise content management software provider, Alfresco Software; the acquisition of advanced parcel sortation system provider, Material Handling Systems; the acquisition of furniture retailer, Art Van Furniture; and the sale of Agencyport Software Corp.

• The Blackstone Group in its acquisition, along with Goldman Sachs Merchant Banking Division, of Ipreo Holdings LLC

• Apax Partners in its acquisition of Align Networks and One Call Care Management

• Water Street Healthcare Partners in its carve-out sale to Wipro of HealthPlan Services, a technology and business process as a service provider in the health insurance market

• Northwestern Mutual in its acquisition of LearnVest, a web-based financial planning company

• Infosys Limited in its acquisition of Panaya, Inc., a leading provider of automation technology for large scale enterprise software management

Joint Ventures and Strategic Alliances

Representative transactions include:

• Joint venture to build fiber optic networks

• Strategic alliance between Japan Airlines and American Airlines

• Joint venture to establish offshore manufacturing facilities

• Strategic alliance to develop and commercialize cloud computing platform

Software and Technology

Representative transactions include:

• $800 million Software-as-a-Service (SaaS) deal

• $100 million enterprise resource planning (ERP) license and implementation

• Proprietary software development and maintenance deals

• Exclusive and non-exclusive source code licenses

• Open source software counseling

• Numerous cloud computing, SaaS and other “as a Service” deals, software license agreements, hosting agreements, software and IT system implementations, and other technology license and services deals

Information Technology and Business Process Outsourcing

Representative transactions include:

• $350 million IT Infrastructure-as-a-Service (IaaS) deal

• Multi-billion dollar IT outsourcing initiative involving deals with eight providers

• Multiple telecommunications network services outsourcing deals

• Multi-billion dollar asset management services outsourcing deal

• Numerous other IT and business process outsourcing deals

Pharma and Healthcare

Representative transactions include:

• $350 million drug development collaboration

• Exclusive license and distribution deals

• Acquisition and sale of drug product lines

• Numerous supply and manufacturing agreements

Restructuring / Bankruptcy

Representative clients include:

• Avaya Inc.

• Caesars Entertainment Operating Co. Inc.

• Energy Future Holdings Corp.

• Cengage Learning, Inc.

MAHLE Powertrain, LLC, Novi, Michigan

• Project Manager, 2003–2005

• Project Engineer, 2002–2003