Brent M. Steele

Recently, Brent has represented:

Financial Services, Insurance and FinTech

• Arthur J. Gallagher & Co. in its agreement to acquire AssuredPartners for US$13.45 billion (pending);
• Mastercard in multiple transactions, including:
  • its $2.65 billion acquisition of Recorded Future, a global threat intelligence company (pending);
  • its acquisition of Dynamic Yield, a state-of-the-art personalization platform and decision engine company, from McDonald’s;
  • its acquisition of Finicity, a provider of real-time access to financial data, for up to US$985 million;
  • its acquisition of Vyze, a point of sale financing provider; and
  • its acquisition of Transfast, a global cross-border account-to-account money transfer network, from GCP Capital Partners and Apis Partners (finalist for The Deal Financial Services Deal of the Year);
• Arthur J. Gallagher & Co. in its agreement to acquire the treaty reinsurance brokerage operations of Willis Towers Watson plc for initial consideration of US$3.25 billion and potential additional consideration of US$750 million;
• Cboe Global Markets in its acquisition of Chi-X Asia Pacific, an alternative market operator, from J.C. Flowers & Co.; 

Gaming and Technology

• International Game Technology PLC in connection with its US$6.3 billion sale of its Global Gaming and PlayDigital Businesses to funds managed by affiliates of Apollo Global Management, Inc. and the related acquisition by such funds of Everi Holdings Inc.
• International Game Technology PLC in connection with its US$6.2 billion spin-off of its Global Gaming and PlayDigital businesses and the combination of those businesses with Everi Holdings Inc. (terminated).
• Churchill Downs in multiple transactions, including:
  • its acquisition of substantially all of the assets of Peninsula Pacific Entertainment for US$2.45 billion;
  • its acquisition of a majority equity interest in Rivers Casino Des Plaines, in a joint venture with Rush Street Gaming;
  • its acquisition of Exacta Systems, a provider of technology to support horse racing; and
  • the sale of its mobile gaming subsidiary, Big Fish Games, to Aristocrat Leisure Limited in a transaction valued at US$990 million;
• Thompson Street Capital Partners and its portfolio companies in multiple transactions, including:
  • its acquisition of Global Software and subsequent sale of Global Software to TA Associates and its acquisition of WeVideo, a cloud-based video editing platform;
  • its growth investment in WeVideo, a provider of cloud-based video editing software;
  • its growth investment in Silverchair, content management, product enablement, and digital transformation platform;
• CDW in its acquisition of Sirius Computer Solutions, a provider of information technology solutions, for US$2.5 billion;
• Allscripts Healthcare Solutions in its joint venture with GI Partners and acquisition of Netsmart from Genstar Capital;
• R.R. Donnelley & Sons Co. in its unsolicited offer for and acquisition of Courier Corp. (Nasdaq: CRRC), an e-book publisher and book manufacturer;

Healthcare and Pharmaceuticals

• Thompson Street Capital Partners in its acquisition of Vector Laboratories from Maravai;
• Stryker Corp. in its acquisition of HyperBranch Medical Technology Inc., a developer of polymer and hydrogel-based medical devices;
• Medline in multiple transactions, including:
  • its acquisition of United Medco, a national provider and partner of supplemental benefits and member engagement solutions;
  • its acquisition of certain respiratory products from Teleflex; and
  • its sale of its DMEPOS supplier business unit to Home Care Delivered
• RoundTable Healthcare Partners and its portfolio companies in multiple transactions, including:
  • its investment in Deerland Probiotics & Enzymes and its subsequent sale of Deerland Probiotics & Enzymes to ADM;
  • its acquisition of Ultima Health, a company that specializes in health and wellness, specifically hydration and electrolytes;
  • its acquisition of Santa Cruz Nutritionals, a leading manufacturer of gummy vitamin, mineral, supplement and other nutraceutical products; and
  • its sale of Aqua Pharmaceuticals to Almirall S.A.
• Smith & Nephew in its purchase of Blue Belt Holdings, a leader in orthopaedic robotics-assisted surgery;

Industrials and Transportation

• Accelera by Cummins in its joint venture with Daimler Truck, PACCAR and Eve Energy Co., Ltd. to manufacture battery cells for electric commercial vehicles (expected investment of US$2–$3 billion);
• Mercury Air Group, in its sale of its air cargo business to Worldwide Flight Services, a Cerberus Capital Management company;
• Thompson Street Capital Partners in its acquisition of Custom Wheel House, a designer and distributor of high-performance wheels, and subsequent sale of Custom Wheel House to Fox Factory;
• GE Aviation in multiple transactions, including its joint ventures with Praxair, Inc. and Woodward, Inc.;
• the special committee of the board of directors of Blue Bird Corporation in connection with the committee’s evaluation of a going-private transaction proposed by Blue Bird’s controlling stockholder, American Securities LLC;
• General Electric in the sale by GE Capital Rail Services of its per diem boxcar business to GATX Corporation for approximately US$340 million.