As deputy practice area leader of the firm’s private equity practice, Barbara J. Shander advises private equity funds and their portfolio companies on structuring and negotiating complex business deals. These transactions include mergers and acquisitions, dispositions, equity financings, joint ventures, commercial agreements, incentive equity and other compensation plans, leveraged dividends, corporate governance, and general corporate matters. Barb represents buyers and sellers in transactions involving privately held businesses, and subsidiaries and divisions of public companies, and has experience in roll-up, corporate carve-out and distressed transactions. She represents numerous private equity funds, ranging from lower middle-market funds to multibillion dollar funds.
In addition to advising institutional investors on portfolio investments and buy-out transactions, she serves as outside general counsel to numerous companies, and advises them on a variety of legal matters. Barb has experience in the use of representations and warranties insurance, and regularly uses this product in transactions representing both buyers and sellers. She has led numerous transactions of varying sizes in several sectors including healthcare, financial services, energy, utilities, retail, technology, telecommunications, and manufacturing. Barb is a prior board member of the Philadelphia chapter of the Association for Corporate Growth (ACG) and remains an active member of the chapter.
Represented Lovell Minnick Partners in the sale of its portfolio company, J.S. Held, LLC, a global specialty consulting firm focused on the insurance claims and construction industry, to Kelso & Co.
Represented LLR Partners in its investment in CareATC, Inc., an innovator in the employer-sponsored healthcare marketplace by utilizing groundbreaking technology
Represented Guardian Capital Partners in its investment in Tactical Medical Solutions, a developer and manufacturer of hemorrhage control and related safety products for emergency trauma care across the military, law enforcement, fire & emergency services, and civilian end markets
Represented Orbis Education, an LLR Partners portfolio company and a company that develops, markets and manages healthcare education solutions that result in outstanding student outcomes and help alleviate workforce shortages for hospitals and healthcare systems, in its sale to Grand Canyon Education, Inc.
Represented Sun Capital Partners in its acquisition of Regal Beloit’s Drive Technologies Business, which designs, engineers and assembles technology-enabled, high performance motor control solutions for industrial applications
Represented SICOM Systems, Inc., a portfolio company of LLR Partners and a provider of enterprise, cloud-based software as a service solutions and other technologies to quick service and fast casual restaurants, as well as food service management providers, in its $415 million sale to Global Payments, Inc.
Represented Susquehanna Private Capital in its investment in Skin & Cancer Associates, a partnership of 25 dermatology practices
Represented Demilec, a manufacturer and distributor of spray polyurethane foam insulation systems and a portfolio company of Sun Capital Partners, in its sale to Huntsman Corporation
Represented Certara, a portfolio company of EQT (Sweden), in its acquisition of BaseCase, a data visualization software-as-a-service company (Germany)
Represented Sun Capital Partners in the $1.1 billion sale of its portfolio company, Aclara Technologies, a supplier of smart meters and other field devices, advanced metering infrastructure and software and services, to Hubbell Power
Represented MedRisk, a provider of physical medicine solutions to the workers’ compensation industry and a portfolio company of TA Associates, in its sale to The Carlyle Group
Represented Versa Capital in the sale of BCC Software, a provider of postal software and data marketing solutions to direct mail owners, to Thompson Street Capital Partners
Represented Certara, a portfolio company of Arsenal Capital Partners and a provider of technology-driven decision support solutions for drug development, in its $850 million sale to the EQT VII Fund
Represented TractManager, Inc., a portfolio company of Arsenal Capital Partners, in its acquisition of MedApproved and MD Buyline
Represented Horizon Services, a portfolio company of Sun Capital Partners, in its acquisition of multiple businesses
Represented LLR Partners in its acquisition of 3SI Security Systems, a provider of asset protection systems and an innovator of GPS tracking technologies
Represented Eureka Growth Capital in its acquisition of McCue Foundation, a company that maintains highly engineered products that provide protection in interior retail spaces, backrooms, parking lots, and distribution and warehouse facilities
Represented LLR Partners in its acquisition of Kemberton Healthcare Services, a provider of technology-enabled revenue cycle management services to hospitals for complex claims
Represented WIRB-Copernicus Group, a portfolio company of Arsenal Capital Partners, in its acquisition of multiple businesses
Represented Sun Capital Partners in the sale of its affiliate, Cornerstone Research & Development Company, to Integrity Nutraceuticals, an affiliate of H.I.G. Capital.
Villanova University School of Law, 1995, J.D.
University of Delaware, 1992, B.S.
Awards and Affiliations
Ranked, Corporate/M&A & Private Equity, Pennsylvania: Philadelphia & Surrounds, Chambers USA (2020)
Lawyer of the Year, Leveraged Buyouts and Private Equity Law, Philadelphia, The Best Lawyers in America (2020)
Recommended, M&A/Corporate and Commercial - Private Equity Buyouts, The Legal 500 US (2011–2020)
Best of the Bar, Corporate, Philadelphia Business Journal (2018)
Former Board Member, Philadelphia Chapter of the Association for Corporate Growth
Former Board Member, The Wellness Community of Philadelphia