Gary D. Gerstman

Gary’s representative public company M&A transactions include the following:

• Sale of Nordstrom, Inc. to the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. for US$6.25 billion (pending).
• Sale of Innerworkings to HH Global for US$300 million.
• Sale of Diplomat Pharmacy to UnitedHealth for US$900 million.
• Sale of Multi-Color to Platinum Equity for US$2.5 billion.
• PayPal’s acquisition of Xoom for US$890 million.
• Sale of Catamaran to UnitedHealth for US$12.8 billion.
• Sale of IGT to GTECH for US$4 billion.
• SXC Health Solution’s acquisition of Catalyst Health for US$4.4 billion and acquisition of National Medical Health Systems.
• Aon’s acquisition of Hewitt for US$4.9 billion.
• Allscripts’ acquisition of Eclipsys for US$1.3 billion.
• Sale of a majority interest in Allscripts to Misys for US$805 million.
• Sale of Clear Channel (Special Advisory Committee) to TH Lee and Bain for US$26.7 billion.
• Sale of Equity Office Properties to Blackstone for US$39 billion.
• Sale of True North Communications to Interpublic for US$2.1 billion.
• Tellabs’ acquisition of Advanced Fibre Communications for US$1.5 billion.
• Clients served in representative private M&A transactions include:
• Aon Corporation in the sale of its pet insurance business to Chubb, Combined Insurance to ACE Limited, the sale of its Sterling Life Insurance unit to Munich Re, the sale of its warranty business to Onex Corporation, the sale of its U.S. premium finance business to BB&T Corporation, the sale of its wholesale brokerage business to Hicks Muse, the sale of its claims processing business to Scandent Group, the sale of certain property/casualty operations to Berkshire Hathaway, the sale of eSolutions to Symphony Technology Group and the sale of its fire protection engineering business to Jensen Hughes.
• Catamaran Corporation (formerly SXC Health Solution Corp.) in numerous acquisitions, including MedfusionRx, LLC, HeatlhTran, LLC, Restat, LLC, Salveo Specialty Pharmacy and Healthcare Solutions, Inc.
• PayPal, Inc. in its acquisitions of Braintree, Inc./Venmo and Paydiant, Inc.
• eBay Inc. in the sale of a controlling interest in Skype to an investment group led by Silver Lake and other acquisition transactions.
• Allscripts Healthcare Solutions, Inc. in its acquisition of the enterprise information solutions business from McKesson Corporation, its co-investment with GI Partners and acquisition of Netsmart (2016 M&A Atlas Deal of the Year award) and subsequent sale of that investment to TA Associates and GI Partners, several transactions with Misys plc, the acquisition of A4 Health Systems, Inc., the acquisition of Extended Care Information Network, Inc. and the acquisition of Advanced Imaging Concepts.
• First Data Corporation in its acquisition of an interest in Paymentech Inc. and its joint venture alliance with Bank One and J.P. Morgan Chase (including the break-up of Chase Paymentech) and in its joint venture alliances with each of Wells Fargo, SunTrust and Huntington Bank.
• AptarGroup, Inc. in its acquisitions of CSP, FusionPKG, Noble International, the Emson Group and other various acquisitions and investments.
• Medline Industries, Inc. in its acquisitions of respiratory product lines from Teleflex, the fluid management business of AngioDynamics, Inc., Centurion Corporation, Professional Hospital Supply, Inc.. the international surgical products business of CareFusion Corporation, and other various acquisitions and investments.
• CDW Corporation in its acquisitions of Mission Cloud, Sirius Computer Solutions, Amplified IT, IGNW, Locus Recruiting, Enquizit, and Aptris.
• Ryan Specialty Group, LLC in numerous acquisitions, including its acquisitions of US Assure and All Risks, Ltd.
• Option Care Health, Inc. in numerous acquisitions, including its acquisition of INTRAMED Plus
• Home Partners of America in its sale to an affiliate of Blackstone.
• Equity Group Investments in its sale of a minority ownership interest in Ardent Heath Partners to Pure Health.
• IGT in its acquisition of Double Down Interactive.
• Saks Incorporated in the sale of its Northern Department Store Group to The Bon-Ton Stores, Inc. and the sale of each of its Profitt’s/McRae’s business and its Parisian business to Belk, Inc.
• GHX in its sale to Thoma Bravo.
• Tootsie Roll Industries in its acquisition of Andes Candies from Brach’s Confections.
• GE Capital in numerous private investments.