Jennifer W. Cheng

Jennifer W. Cheng

Partner, New York
Jennifer W. Cheng
Jennifer W. Cheng

Jennifer W. Cheng

Partner, New York
Jennifer W. Cheng

“She is undoubtedly an expert in her field and practical in her approach.”

“Jennifer has a near-clairvoyant grasp of the major issues across a wide range of corporate areas.”

Chambers USA, Corporate/M&A client

Biography

Jennifer Cheng is a partner in White & Case's Global Mergers & Acquisitions Practice and is based in the Firm's New York office. Jennifer represents Fortune 500, international and middle-market companies in a wide range of corporate transactions. She has significant experience handling domestic and cross-border matters involving take-privates, public and private mergers, asset and stock acquisitions and divestitures, auctions, joint ventures, corporate restructurings, private equity investments, and distressed and bankruptcy-related acquisitions and divestitures.

Jennifer has extensive experience advising publicly listed companies on a variety of M&A transactions, as well as advising private companies on go-public M&A transactions, including take-privates, public company mergers, reverse mergers and de-SPACs. She also represents financial advisors in connection with fairness opinions and valuation-related mandates, and advises on corporate governance and other general corporate matters.

Jennifer is consistently ranked by Chambers USA for New York Corporate/M&A, recognized by The Legal 500 USA as a Leading Partner for Corporate, and listed by IFLR1000 as Highly Regarded in M&A. She has received numerous accolades for her leadership and excellence in the field, including being named a 2025 Notable M&A Dealmaker by Crain's New York Business and one of Mergers & Acquisitions' 2026 Most Influential Women in Mid-Market M&A, marking the fourth time she has received this honor. In 2021, Jennifer was named Young Lawyer of the Year by The American Lawyer, included in the inaugural class of Bloomberg Law's "They've Got Next – 40 Under 40," and recognized as a BTI M&A Client Service All-Star. Please refer to the section on "Awards and Recognition" for a full list of Jennifer's accolades.

Experience

Representative matters include:

  • Representation of Adagio Medical Inc. in its business combination with ARYA Sciences Acquisition Corp IV, a SPAC.
  • Representation of American International Group, Inc. in its $25 billion debt for equity swap with the Federal Reserve Bank of New York.
  • Representation American Realty Capital Trust III, Inc. in its merger with American Realty Capital Properties Inc. for $2.2 billion.
  • Representation of American Securities Capital Partners in the sale of MECS, Inc. to DuPont.
  • Representation of ATMI, Inc. in the sale of Life Sciences business to Pall Corporation.
  • Representation of Atos S.E.:
    • in its acquisition of healthcare IT outsourcing firm Anthelio Healthcare Solutions for $275 million.
    • in its acquisition of the Information Technology Outsourcing Business of Xerox Corporation for $1.1 billion.
  • Representation of BearingPoint Inc. in its restructuring and management buyout conducted under the provisions of Section 363 of the Bankruptcy Code.
  • Representation of BioTelemetry, Inc. in its acquisition of shares of Telcare Medical Supply, Inc. and assets of Telcare, Inc., a diabetes management technology company.
  • Representation of C. R. Bard, Inc.:
    • in its acquisitions of Rochester Medical Corporation, Lutonix, Inc., Medivance, Inc. and FlowCardia, Inc. and the sale of its Electrophysiology business to Boston Scientific Corporation.
    • in its acquisition of a proprietary hemostatic and antimicrobial infection control technology company conducted under the provisions of Section 363 of the Bankruptcy Code.
  • Representation of CA Technologies in its acquisition of Arcot Systems, Inc.
  • Representation of Cascadian Therapeutics, Inc. in its sale to Seattle Genetics, Inc. for approximately $614 million by tender offer.
  • Representation of CorpAcq Holdings Limited in its pending business combination with Churchill Capital Corp VII at a proforma enterprise value of $1.58 billion.
  • Representation of DIRECTV in its acquisition of Houston Regional Sports Network in a joint investment with AT&T.
  • Representation of GE Capital Corp. in the sale of its real estate lending unit to Everbank for $2.5 billion.
  • Representation of General Electric Company in its sale to Comcast Corporation of its remaining 49 percent common equity stake in joint venture media company NBCUniversal for $18.1 billion.
  • Representation of Grace Therapeutics, Inc. in its sale to Acasti Pharma Inc. for approximately 45% of the combined company's common shares.
  • Representation of Hicks Sports Group in its bankruptcy filing and sale of Texas Rangers to Baseball Express.
  • Representation of Home Loan Servicing Solutions, Ltd. in its sale to New Residential Investment Corp. for $1.4 billion.
  • Representation of Hutchinson in its acquisition of Mide Technology Corporation, an engineering company specializing in smart material technology and mechatronics.
  • Representation of Infinite Assets, Inc. in its business combination with Aries I Acquisition Corp., a SPAC, representing a pro forma equity value of the combined company of approximately $700 million.
  • Representation of Intel 471:
    • in its acquisition of Cyborg Security.
    • in its strategic growth investment in Intel 471 by Thoma Bravo.
    • in its acquisition of Spiderfoot, a best-in-class provider of open-source intelligence, attack surface management and digital investigations.
  • Representation of KushCo Holdings, Inc. in the stock-for-stock merger of equals with Greenlane Holdings, Inc., creating the leading ancillary cannabis company and house of brands.
  • Representation of L'Oreal USA, Inc. in its acquisition of NYX Los Angeles, Inc.
  • Representation of Leeds Equity Partners, LLC in its acquisition of Exterro Inc., the leading provider of an e-discovery software specifically designed for in-house legal and IT teams at Global 2000 and Am Law 200 organizations.
  • Representation of Lehman Brothers Holdings, Inc.:
    • in the sale of its equity stake in Neuberger Berman Group, LLC for approximately $1.5 billion conducted under the provisions of Section 363 of the Bankruptcy Code.
    • in the sale of Lehman Brothers, Inc. to Barclays Capital for $1.75 billion conducted under the provisions of Section 363 of the Bankruptcy Code.
  • Representation of Liberty Commercial Finance LLC in its sale to Wingspire Capital, a portfolio company of Owl Rock Capital Corporation.
  • Representation of Management of Suddenlink in the sale of Suddenlink to Altice for $9.1 billion.
  • Representation of Medicis Pharmaceutical Corporation in its sale to Valeant Pharmaceuticals International, Inc. for $2.6 billion.
  • Representation of PDC Machines Inc., a leader in the design and manufacturing of specialty gas compression systems, in its sale to Arcline Investment Management.
  • Representation of Public Sector Pension Investment Board in its investment in XPO Logistics, Inc.
  • Representation of Ritter Pharmaceuticals, Inc. in its reverse merger with Qualigen, Inc. in an all-stock transaction.
  • Representation of SalonCentric, the largest subsidiary of L'Oreal, in the acquisition of key assets from Four Star Salon Services, a full-service wholesale distributor.
  • Representation of Santander Bank, N.A.:
    • in the sale of seven bank branches in the Allentown, Pennsylvania area to Community Bank, including approximately $600 million of deposits and $33 million in branch-related loans.
    • in the sale of $843 million commercial equipment finance loans and leases to Sterling National Bank.
    • in the sale of fourteen bank branches located in central Pennsylvania to First Commonwealth Bank, including approximately $525 million of deposits and $120 million of retail and business loans as of March 31, 2019.
  • Representation of Shawn 'Jay-Z' Carter in the sale of his ownership interest in two Cannabis related companies, CMG Partners Inc. and 0G Enterprises, Inc., to Subversive Capital Acquisition Corp., a Canadian SPAC.
  • Representation of Signet Jewelers Limited in its acquisition of Zale Corporation for $1.4 billion.
  • Representation of Synchrony Financial in the sale of certain credit card portfolios.
  • Representation of Theon International PLC, a globally recognized developer and manufacturer of advanced thermal imaging and night vision systems for global defense and thermal imaging markets, in its strategic equity investment in Kopin Corporation.
  • Representation of The Providence Service Corporation in the sale of its behavioral health and mental services business to Molina Healthcare, Inc. for approximately $200 million.
  • Representation of TIDAL, Jay-Z's streaming service, in the sale of a majority ownership stake to Square, Inc..
  • Representation of TierPoint, LLC:
    • in its acquisition of Cosentry, a provider of cloud, colocation and managed services.
    • in its acquisition of Windstream's data center business for $575 million.
  • Representation of Venus Concept Ltd. In its merger with Restoration Robotics Inc., a global leader in robotic hair restoration, in an all-stock transaction with combined company revenue of $130-$135 million.
  • Represented Verizon Communications Inc.:
    • in its acquisition of fiber network infrastructure in the Chicago market from WideOpenWest Inc. for $225 million.
    • in its acquisition of Intel Media assets.
  • Represented Verizon, Hearst and Complex Networks in the sale of Complex Networks to BuzzFeed for $300 million, part of BuzzFeed's business combination with 890 5th Avenue Partners, Inc. (a SPAC).
New York
LLB
University of New South Wales
Bachelor of Commerce, Finance
University of New South Wales
English

"Jennifer Cheng is an outstanding lawyer. She is very competent and understands the needs of the client. She has excellent legal and commercial judgment. Always super responsive." - Legal 500 USA, M&A/Corporate and Commercial: M&A: middle-market ($500m - $999m) client

Named a 2025 Notable M&A Dealmaker by Crain's New York Business, 2025

Listed as a Leading Partner in Legal 500 USA 2025 for Corporate, 2025

Named among Top DeSPAC Lawyers in North America by MergerLinks, 2023

Named one of Mergers & Acquisitions' Most Influential Women in Mid-Market M&A, 2022, 2024-2026

Named a Notable Woman in Law by Crain's New York Business, 2023

Named to The Deal's Top Women in Dealmaking, 2023

Ranked in Chambers USA for New York Corporate/M&A, 2020-2025

Named one of only six winners of the Young Lawyers of the Year category at the 2021 American Lawyer Industry Awards

Named a 2021 BTI M&A Client Service All-Star

Named to the inaugural list of Bloomberg Law's "They've Got Next: 40 Under 40", 2021

Selected through peer review for inclusion in The Best Lawyers in America© for Mergers and Acquisitions Law, 2021

Named one of global M&A network's 2019 America's Top Rising Dealmakers

Named 2019 Rising Star by the New York Law Journal

Winner of the 2019 M&A Advisor Emerging Leaders Awards

Selected for inclusion in the New York Metro Super Lawyers Rising Stars list for Mergers & Acquisitions, 2018-2022

Listed as Highly regarded in IFLR1000 Global for United States, New York M&A, 2018-2024

Recipient of the 2017 Outstanding 50 Asian Americans in Business Award

Service areas