Frank Lupinacci is a partner in the Mergers and Acquisitions Group, and is resident in the New York office. Frank focuses on the representation of domestic and non-US private equity funds and corporate clients in connection with domestic and global acquisitions, leveraged buyouts, dispositions, and equity investments in a broad range of industries, in both competitive processes and bilateral negotiations. He also provides general corporate and governance advice.
Recent transactions include the representation of:
Saudi Aramco in its US$69.1 billion acquisition of a 70 percent stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF). The transaction was named "M&A Deal of the Year (Over US$50 billion)" by the M&A Advisor (2020).
Fusion Acquisition Corp. (NYSE: FUSE), a SPAC, in its US$2.2 billion business combination with MoneyLion Inc., America's leading digital financial platform.
Quad-C Management, Inc. in its US$1.2 billion sale of AIT Worldwide Logistics Holdings, Inc., a leading global provider of transportation and logistics solutions, to The Jordan Company.
HgCapital, the specialist private equity investor focused on software and service businesses, in its investment in Intelerad Medical Systems, a leading global provider of medical imaging software and enterprise workflow solutions.
Roark Capital Group and Inspire Brands, Inc., owner of the Arby's and Buffalo Wild Wings restaurant chains, in Inspire Brands' US$2.3 billion acquisition of Sonic. Corp. (NASDAQ:SONC), a drive-in fast food restaurant chain based in Oklahoma.
Roark Capital Group and its portfolio company Arby's Restaurant Group in Arby's US$2.9 billion acquisition of Buffalo Wild Wings, Inc. (NASDAQ: BWLD), an established international owner, operator and franchisor of quick-service restaurants.
Roark Capital Group and Inspire Brands, Inc. in Inspire Brands' US$450 million repurchase of The Wendy's Company's (NASDAQ: WEN) remaining minority ownership interest in Inspire Brands.
Helix Acquisition Corp. (NASDAQ: HLXA), a SPAC, in its US$230 million business combination with MoonLake Immunotherapeutics AG, a clinical-stage biotechnology company focused on creating next-level therapies for inflammatory skin and joint diseases.
Summa Equity Fund II in its acquisition of Axion BioSystems, a US life science tools business and leading provider specializing in the development, production, and marketing of MEA (Microelectrode Arrays) and impedance technologies.
Avon Rubber p.l.c. (LON: AVON), an innovative technology group, specializing in chemical, biological, radiological and nuclear and respiratory protection systems, in:
- its acquisition of Team Wendy, LLC, supplier of critical protective systems including helmets and helmet liner and retention systems for military and first responders; and
- its strategic acquisition of 3M's ballistic-protection business in the United States and the rights to the Ceradyne brand.
PRO Unlimited, a Harvest Partners portfolio company, in its acquisition of PeopleTicker, a leading independent compensation software company.
Newlight Partners LP in connection with certain equity and debt investments in Sunnova Energy International Inc. (NYSE: NOVA), a leading residential solar and energy storage service provider.
Investindustrial, a leading European private equity firm, in the acquisition of Jacuzzi® brands, from investment funds affiliated with each of Apollo Global Management, LLC, Ares Management Corporation, and Clearlake Capital Group, L.P.
Harvest Partners in:
- its sale of BHI Investments, a leading specialty energy services company, to AE Industrial Partners;
- the acquisition of FCX Holdings Corp., a provider of process flow control solutions and products to a variety of process industries, and the subsequent representation of FCX Performance, Inc. in its acquisition of Corrosion Fluid Products Corp., a Michigan-based distributor of pumps, valves, fiberglass and specialty lined pipe, hose and fittings; and
- its acquisition of DCA Investment Holdings LLC, one of the largest multi-branded dental support organizations in the United States.
Pernod Ricard SA, the world's second-largest distiller, in:
- its acquisition of Rabbit Hole Spirits, LLC, a US premium bourbon brand; and
- its acquisition of Firestone & Robertson Distilling, owner of the TX brand, a leading private equity-backed whiskey brand headquartered in Fort Worth, Texas.
Saudi Refining Inc. (SRI) a wholly owned subsidiary of Saudi Arabian Oil Company (Saudi Aramco), in the discontinuation of Motiva Enterprises LLC and the division of Motiva's assets, liabilities and businesses between SRI and affiliates of its joint venture partner, Royal Dutch Shell PLC.
Summa Equity AB in its acquisition of Olink Proteomics Holding AB, a Swedish life science company.
Blue Water Energy LLP in the acquisition, from Carlyle of Authentix, a leading global authentication and information services company based in Dallas, which assists customers in combating illicit trade and managing the integrity of their global supply chains.
Electronic Funds Source LLC, a leader in innovative corporate payment solutions, in its sale to an affiliate of Warburg Pincus, LLC.
Pilot Flying J in its acquisition of a controlling interest in Maxum Petroleum, Inc., a leading independent energy logistics company.
Funds advised by Triton Investment Management Ltd. in the acquisition of ACRE Operating Group, LLC, a leading end-to-end security solutions provider.
Quad-C Management, Inc. in the acquisitions and sales of various portfolio companies and investment positions, including its sale of NuSil Technology LLC to New Mountain Capital, and its acquisition of Network Hardware Resale (n/k/a Curvature Solutions).
Trilantic Capital Partners in its sale of a controlling interest in MicroStar Logistics, a leading provider of keg management services to 120 breweries and more than 1,600 keg distributors throughout the United States and Europe, to an equity group led by Freeman Spogli & Co.
Hess Corporation in the US$850 million sale of its US East Coast and St. Lucia terminal network to an affiliate of Buckeye Partners LP.
Ciner Group in its US$480 million cross border strategic acquisition of a controlling interest in OCI Resources LP, a global producer of natural soda ash, from OCI Company Ltd., a Korean publicly listed company.
Fortis Inc. in the US$1.5 billion acquisition of CH Energy Group Inc., a regulated transmission and distribution utility. The transaction, which marks the initial entry by Fortis into the US-regulated electric and gas utility marketplace, was named "Energy Deal of the Year" by The M&A Advisor (2013).
Syngenta AG, one of the world's leading agribusinesses, in its US$160 million strategic acquisition of substantially all of the assets comprising the global hybrid sunflower seed business of Monsanto Company.
Rising Star for M&A in the United States, Euromoney, 2020
Named to the M&A Advisor's list of "40 under 40 Emerging Leaders" for Mergers & Acquisitions, 2016