Aaron D. Suh serves as a trusted adviser to public companies, private equity sponsors, private firms, and sovereign wealth funds in the structuring and negotiating of their domestic and cross-border mergers, acquisitions, majority and minority investments, corporate venture investments, divestitures, spin-offs, joint ventures, and corporate governance matters. His clients come from a broad array of industries, including high tech, security, telecommunications, retail, SaaS, artificial intelligence, public safety, life sciences, pharmaceutical, healthcare providers, financial services, specialty lending, food and beverage/spirits, and energy.
Advised Smart & Final Holdings, Inc., an affiliate of Apollo Global Management (NYSE: APO), in its $970 million sale of its Smart Foodservice Warehouse Stores business to US Foods Holding Corp. (NYSE: USFD)
Advised GIC on substantial equity investments in M&A sponsor transactions with aggregate transaction value over US $5 billion
Represented Cerberus Capital Management and PaxVax in connection with the sale of PaxVax, a company focused on specialty vaccines that protect against existing and emerging infectious diseases, to Emergent BioSolutions Inc. (NYSE: EBS)
Advised Blackstone Tactical Opportunities Advisors LLC, an affiliate of The Blackstone Group LP (NYSE: BX), in connection with an equity investment in BTIG LLC, an independent US-based financial services firm
Represented Lovell Minnick Partners LLC in connection with their investment in a majority interest in Inside Real Estate, a leading end-to-end SaaS platform serving the residential real estate market
Advised an affiliate of Quilvest Private Equity in the acquisition of approximately 55% of the equity interests in American Franchise Capital, which operates as a significant and leading franchisee of Applebee’s and YUM! Brands restaurants (NYSE: YUM)
Represented Entrepreneur Partners in its sale of Northern Brewer, a leading home brewing and wine making supplier, to Zx Ventures, the venture capital unit of Anheuser-Busch InBev (NYSE: BUD)
Represented Jacobs Private Equity LLC in its approximately $150 million control-PIPE acquisition of XPO Logistics Inc. (NYSE: XPO)
Strategic M&A and Investments
Represented Axon Enterprise, Inc. (NASDAQ: AAXN), the law enforcement market leader in on-officer body, in-car cameras and evidence management software, in its Series B investment in Flock Safety Inc, a leading provider of automated license plate reader (ALPR) solutions
Advised IBM Corporation (NYSE: IBM) on multiple divestitures and acquisitions, including the approximately $2.3 billion sale of itsx86 server business to Lenovo Group Limited (0992.HK) and the approximately $850 million sale of its point-of-sale systems business to Toshiba TEC Corporation, an affiliate of Toshiba Corporation (6502.T)
Advised Casa Cuervo (CUERVO.MX) in connection with an asset swap with Diageo plc (NYSE: DEO) in which Casa Cuervo acquired The Old Bushmills Distillery Limited, including the Bushmills Irish Whiskey brand, and Diageo acquired full ownership and control of Don Julio Tequila plus cash in the amount of $408 million
Represented Eurovia SAS, a VINCI Group (DG.PA) subsidiary and global leader in transport infrastructure and urban development, in its $555 million acquisition of the Lane Asphalt Plants & Paving division of Lane Construction from Salini Impregilo Group (SAL.MI)
Advised ECN Capital Corp. (ECN.TO) on the sale of its US-based commercial and vendor finance business to PNC (NYSE: PNC) for approximately $1.3 billion in cash
Represented Unilever (NYSE: UN) in its sale of the Slim‑Fast brand to Kainos Capital
Advised First Solar Inc. (NYSE: FSLR) in its acquisition of the $75 million solar asset portfolio from General Electric (NYSE: GE) and the establishment of a technology partnership to advance thin-film solar cells and modules
Northwestern University Pritzker School of Law, 2010, J.D.
Northwestern University, Kellogg School of Management, 2010, M.B.A.
University of Michigan, Ross School of Business, 2004, B.B.A.
University of Michigan, 2004, B.A., History, with Distinction
Awards and Affiliations
Recommended, M&A/corporate and commercial: M&A: large deals ($1bn+), The Legal 500 US (2020)
Leadership Council on Legal Diversity, Fellow, 2019
Pro Bono Partnership, Volunteer Honor Roll, 2018
Member, New York City Bar Association Mergers, Acquisitions, and Corporate Control Contests Committee