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 in a broad variety of industries. These transactions include strategic US and global mergers and acquisitions, investments, 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 rollup, corporate carve-out, and distressed transactions.
Barb 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 buyout 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, digital health, financial services, fintech, 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.
Lovell Minnick Partners in its acquisition of a majority stake in UniversalCIS, a technology-enabled provider of credit data and related origination solutions in the mortgage industry
Eureka Equity Partners in its recapitalization of LegalPartners, an alternative legal services provider focused on outsourced team-based legal solutions, substantive engagements requiring sophisticated legal professional services, and other legal staffing services
LLR Partners in its acquisition of YCharts, a cloud-based investment analytics and communications platform for RIAs, broker-dealers, and asset managers
SK Capital Partners in its acquisition of the specialty polymers business from Baker Hughes, a producer of specialty low molecular weight olefin polymers
Sun Capital Partners, Inc. in its investment in Mancini’s Sleepworld, a mattress retailer serving the Northern California market
Guardian Capital Partners in its investment in Flat River Group, LLC, an ecommerce distributor, marketer, and service provider
Horizon Group, a portfolio company of Sun Capital Partners and a provider of residential HVAC, plumbing, and electrical services, in its sale to New Mountain Capital
Billhighway, a portfolio company of Lovell Minnick Partners, in its acquisition of Impexium, a cloud-based membership management platform that supports the full range of association business and administrative activities
LLR Partners in its investment in TrueLearn, a provider of online test preparation and data analytics to healthcare education and training institutions
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.
LLR Partners in its investment in CareATC, Inc., an innovator in the employer-sponsored healthcare marketplace by utilizing groundbreaking technology
Lovell Minnick Partners in its acquisition of Billhighway, a provider of software-as-a-service (SaaS) based accounting and transaction processing services to membership-based organizations such as fraternities, sororities, unions, and associations
WCG, a provider of clinical trial optimization solutions and a portfolio company of Arsenal Capital Partners, in its recapitalization led by Leonard Green & Partners in partnership with Arsenal Capital Partners and Novo Holdings
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 and emergency services, and civilian end markets
Orbis Education, an LLR Partners portfolio 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.
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
SICOM Systems, Inc., a portfolio company of LLR Partners and a provider of enterprise, cloud-based SaaS 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.
J.S. Held, a portfolio company of Kelso & Company, in its acquisition of multiple businesses
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
Certara, a portfolio company of EQT (Sweden), in its acquisition of BaseCase, a data visualization SaaS company (Germany)
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
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
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
Horizon Services, a portfolio company of New Mountain Capital, in its acquisition of multiple businesses
LLR Partners in its acquisition of 3SI Security Systems, a provider of asset protection systems and an innovator of GPS tracking technologies
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
LLR Partners in its acquisition of Kemberton Healthcare Services, a provider of technology-enabled revenue cycle management services to hospitals for complex claims
WIRB-Copernicus Group, a portfolio company of Arsenal Capital Partners, in its acquisition of multiple businesses
Villanova University School of Law, 1995, J.D.
University of Delaware, 1992, B.S.
Awards and Affiliations
Most Effective Dealmakers, The Legal Intelligencer (2021)
Recognized, Best Law Firms for Private Equity Transactions, United States (Highly Recommended), Leaders League and Décideurs (2021)
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