Sara Michaelchuck Webber

Sara counsels clients on a wide variety of environmental issues and has extensive experience in the following industries: industrial, manufacturing and distribution, chemicals and materials, food, consumer and commercial products and services, healthcare, pharmaceuticals, medical equipment and devices, paper and packaging, hotel, telecommunications, software and real estate, including acquisitions and dispositions, development projects, sale-leasebacks and joint ventures involving commercial, office, industrial, hotel, residential and mixed-use properties.

Select M&A Transactions

Industrial, Manufacturing and Distribution Sectors

• Transom Capital Group in numerous transactions, including:
  
  • its take private acquisition of SigmaTron International (NAS:SGMA), a provider of electronic manufacturing services for printed circuit board assemblies and completely assembled electronic products
  • its acquisition of Galleher LLC, a wholesale distributor of hard surface floorings, floor coverings and accessories throughout the U.S.
• Audax Group in numerous acquisitions, including:
  
  • the acquisition of Techniks Industries
  • the acquisition of Wheel Pros
• Bain Capital in the acquisition of Apex Tool Group
• Blackstone in its $1.6 billion acquisition of global connector manufacturing company Interplex
• Corning in connection with the unwinding of its 73-year-old Dow Corning joint venture with Dow Chemical in exchange for 100% of a newly formed corporation that will hold a 40% stake in Hemlock Semiconductor Group and approximately $4.8 billion in cash
• A.H. Harris & Sons, a leading specialty construction distributor, in its $380 million sale
• Arsenal Capital Partners LP in its majority state investment in Fralock, a manufacturer of components for the semiconductor, life science, aerospace and satellite industries
• Harren Equity Partners in its acquisition of Circa Corp of America, a designer and manufacturer of leather goods
• iQor Holdings Inc., a HGGC portfolio company, in connection with its multi-national carve-out acquisition of the global aftermarket services business of Jabil Circuit, Inc., a manufacturer of electronic circuit board assemblies, for $725 million
• Pritzker Group Private Capital in its sale of Carter-Waters LLC, a supplier of construction products
• Sentinel Capital Partners in its acquisition of Driven Performance Brands Inc., a designer, manufacturer and marketer of automotive aftermarket products
  

Chemicals and Materials Sector

• TJC, L.P. (formerly known as The Jordan Company) and its portfolio companies in numerous transactions, including:
  
  • its $1.8 billion acquisition of an 80.1% stake of resins unit Delrin from chemical company DuPont
  • its portfolio company Arclin on its definitive agreement to acquire Belle Chemical, a producer of methylamines and derivative products that are used for various industrial and consumer purposes
• Celanese Corporation in numerous transactions, including:
  
  • its acquisition of DuPont’s mobility and materials business
  • its proposed joint venture with Blackstone to create a global acetate tow supplier
• Audax Group in the acquisition of Preferred Compounding
• Bain Capital in the $1.6 billion acquisition of the Styron division of The Dow Chemical Co.
• Cyanco, the largest global producer of sodium cyanide, in its sale to Cerberus Capital Management
• Taminco Corporation in its acquisition of the formic acid business of Kemira Oyj and in connection with its initial public offering
  

Food Sector

• Butterfly Equity and its portfolio companies in numerous transactions, including:
  
  • its acquisition of QDOBA, the No. 2 player and No. 1 franchisor in the Mexican fast casual restaurant sector in North America
  • its acquisition of Milk Specialties Global, a leader in human and animal nutrition
  • its acquisition of Orgain and subsequent sale of a majority stake in Orgain to Nestle Health Science
  • its investment in MaryRuth Organics, a leading health and wellness brand operating in the premium vitamins, minerals and supplements industry
  • its acquisition of a majority stake in Pete and Gerry’s Organics, the nation’s leading producer of organic, free-range and pasture-raised eggs
  • its acquisition of food and beverage company Bolthouse Farms from Campbell Soup Company (NYSE: CPB)
  • its portfolio company Bolthouse Farms on its acquisition of the brand and business of Evolution Fresh from Starbucks
• One Equity Partners in its acquisition of CraftMark Bakery, a provider of bakery products for quick service restaurants and in-store retail bakeries
• TJC, L.P. and its portfolio company Sunny Sky Products on its acquisition of LX/JT Holdings, Inc. (dba Bevolution), a manufacturer and supplier of innovative beverage solutions
• Leichtman Capital Partners in its acquisition and subsequent divestiture of Tropical Smoothie Cafe, LLC
• Garnett Station Partners and its portfolio companies in numerous transactions, including:
  
  • its take-private acquisition of Fiesta Restaurant Group for $225 million
  • its acquisition of Firebirds Wood Fired Grill
  • its sale of Twin Peaks to FAT Brands for $300 million
• Frontenac Company LLC in its acquisition of Schlotterbeck & Foss Company
• George’s Inc. in its acquisition of Ozark Mountain Poultry

Consumer and Commercial Products and Services Sectors

• Transom Capital Group in numerous transactions, including:
  
  • its acquisition of Aden & Anais, Inc., a designer, developer and distributor of infant accessories and apparel under the aden + anais and HALO brands
  • its acquisition of the Bose Professional Division, which provide audio products, systems and services designed for commercial and professional applications
• Harren Equity Partners portfolio company Virginia Tile Company, a provider of tile, decorative surfaces and installation accessory products, in its sale
• Sycamore Partners and its portfolio companies in numerous transactions, including:
  
  • its $1.3 billion acquisition of Newell Brands Inc.’s Pure Fishing business, a leading global provider of fishing tackle, lures, rods and reels
  • its portfolio company Pure Fishing Inc.’s purchase of Plano Synergy Holdings Inc. and Pure Fishing Inc.’s sale of Plano Synergy’s archery and hunting accessories brands
• Garnett Station Partners in its sale of VIVE Collision
• Bain Capital in the acquisition and sale of Sundial Brands

Healthcare, Pharmaceuticals, and Medical Equipment and Devices

• Waud Capital Partners in its acquisition of Mopec, a manufacturer and supplier of anatomic and forensic pathology equipment, technology, consumable products and services
• Linden Capital Partners and its portfolio companies in numerous transactions, including:
  
  • its sale of Z-Medica
  • its portfolio company RQM+’s acquisition of Jordi Labs
  • its acquisition of Alcresta Therapeutics
  • its acquisition of IVX Health
  • its sale of Vital Care
• Water Street Healthcare Partners and its portfolio companies in numerous transactions, including:
  
  • its acquisition and sale of AAIPharma Services
  • its $903 million sale of Sarnova, a healthcare products distributor
• Bain Capital and Cinven on their EUR 5.3 billion joint public takeover offer for the German pharmaceutical company Stada Arzneimittel AG; a landmark private equity transaction in the German market
• The Blackstone Group in its $6.1 billion acquisition of TeamHealth
• Cambrex Corporation (NYSE:CBM), a small molecule company providing drug substance, drug product and analytical services across the entire drug lifecycle, in its $2.4 billion sale
• Water Street and JLL Partners backed-Viant Medical in its acquisition of Knightsbridge Plastics, designer and producer of high precision injected-molded parts and micro-components for the medical device, biomedical and technologies industries
• Option Care Health, Inc. (Nasdaq: OPCH) in its planned merger with Amedisys, Inc. (Nasdaq: AMED), a leading provider of home health, hospice and high-acuity care
• Sagent Pharmaceuticals, Inc. in its $750 million sale to Nichi-Iko Pharmaceutical Co., Ltd.
• Quad-C Management, Inc. in multiple acquisitions in the specialty hospital sector
  

Paper and Packaging Sector

• Irving Place Capital in its acquisition of CD Cartondruck AG
• Verso Corp. (NYSE: VRS), a leading American owned and operated producer of graphic, specialty and packaging paper and market pulp, on its sale to BillerudKorsnäs
• TPG Growth in connection with an investment in Novolex
  

Hotel Sector

• Marriott Vacations Worldwide Corporation in its $4.7 billion acquisition of ILG
• Wyndam Worldwide Corp. and its affiliates in numerous transactions, including:
  
  • its $1.95 billion acquisition of La Quinta Inns & Suites’ franchise and management businesses
  • Wyndham Hotel Group’s $170 million acquisition of AmericInn and Three Rivers Hospitality
    

Telecommunications Sector

• Shenandoah Telecommunications Company’s (a/k/a Shentel) (Nasdaq: SHEN) $1.95 billion sale of Shentel’s Wireless business to T-Mobile US, Inc. (Nasdaq: TMUS)
• Zebra Technologies Corporation in its acquisition of Motorola Solutions, Inc.'s enterprise business for $3.45 billion
• GTCR in its acquisition of Consumer Cellular, Inc.
  

Software Sector

• Thoma Bravo and its portfolio companies in numerous transactions, including:
  
  • its acquisition of AxiomSL
  • its sale of portfolio company Ellie Mae to Intercontinental Exchange
  • its acquisition of ABC Financial Services, Inc.
• Parthenon Capital Partners in its investment in RedCard
  

Other M&A

• Bain Capital, Oaktree Capital Management and International Market Centers Inc. in the sale of International Market Centers Inc. to Blackstone Group LP
• Bain Capital Double Impact, the impact investing strategy of Bain Capital, in numerous transactions, including:
  
  • its investment in BW Fusion, a provider of fertilizer and crop nutritional products, Biodyne USA, a provider of biotechnology focused on naturally occurring microorganisms and other sustainable technologies, and Agronomy 365, a provider of a crop analytics and management program
  • its acquisition of MeTEOR Education, a designer of modern learning environments and distributor of equipment and furniture to K-12 schools
• BP in the sale of its global Aviation Turbine Oil business
• The Carlyle Group in numerous transactions, including:
  
  • the acquisition of NetMotion Wireless Inc.
  • the sale of WorldStrides
  • the acquisition and sale of Service King Collision Centers
  • a PIPE investment in SEACOR Holdings
  • the acquisition of International Studies Abroad
  • the acquisition of Explorica, Inc.
• Levine Leichtman Capital Partners (LLCP) and its portfolio companies in numerous transactions, including:
  
  • its sale of Encore Fire Protection, a leading provider of fire protection services
  • its acquisition of USA Water, a leading provider of operations and maintenance services for water and wastewater systems
  • its acquisition of Capsa Healthcare
  • its acquisition of Therapeutic Research Center
• Oaktree Capital Management, Oaktree Transportation Infrastructure Fund, GFI Energy Group and their portfolio companies in numerous transactions, including:
  
  • the acquisition of Dow Inc.’s (NYSE: DOW) North American rail infrastructure assets, in partnership with Watco Companies
  • the acquisition of Elgin National Industries, Inc.
  • the sales of Elgin Equipment Group and Elgin Fastener Group
  • the acquisition of Osmose Holdings, Inc.
  • the sale of Osmose Holdings, Inc.’s Wood Preservation and Railroad Services businesses
  • the sale of Tecta America Corp.
• TJC, L.P. in its acquisition of a majority of PSC Group (f/k/a Petroleum Service Corporation), a provider of embedded logistics services offering rail, truck and marine logistics, railcar repair and sustainability services
• Carvana (NYSE: CVNA) on its $2.2 billion acquisition of ADESA’s U.S. physical auction business (ADESA U.S.), a wholly owned subsidiary of KAR Global (NYSE: KAR)
• Colfax Corporation (NYSE: CFX) in connection with the sale of its Air and Gas Handling business (Howden Group Ltd.)
• Questar Corporation (NYSE: STR), an integrated natural gas entity involved in production, transportation and retail distribution of natural gas, in its $4.4 billion sale to Dominion Resources, Inc. (NYSE: D)
  

Select Real Estate Transactions

• Blue Owl in sale-leasebacks of commercial and industrial assets
• Developer and investor in the $240 million acquisition and continued development of Sandow Lakes Ranch, in Rockdale, Texas
• GLP Capital Partners Limited on the $3.7 billion sale of its international business to Ares Management Corporation (NYSE: ARES)
• GLP Capital Partners in acquisitions, joint ventures and financings of industrial/logistics assets
• GLP Capital Partners on its record-breaking purchase of a five-building warehouse project in southern California, known as the Corona Lakeside Logistics Center
• Modlo, a modern logistics real estate company and portfolio company of GLP Capital Partners, on its acquisition of three industrial properties in Linden, New Jersey from Hub Realty