Troutman Sanders and Pepper Hamilton have agreed to merge effective April 1, 2020.
The new firm – Troutman Pepper – will feature 1,100+ attorneys across 23 U.S. offices. Read more.
Navigating today’s competitive deal landscape presents many more challenges to buyers than in years past.
Buyers are struggling to find quality, affordable targets, given that sellers’ rising expectations are leading to exponential multiple expansion.
But as private equity coffers continue to grow exponentially, with record levels of dry powder, rapid capital deployment remains imperative.
For private equity firms to succeed in this world of high-profile take-private deals and leveraged buyouts, they must be willing to do more than pay a hefty sum for targets, according to Pepper Hamilton LLP partner James Rosener, who is managing partner of the firm’s New York office and devotes his legal practice to international transactions, private equity, mergers and acquisitions.