Sheryl L. Orr
Sheryl Orr counsels clients in the structuring and negotiation of US and cross-border mergers, acquisitions, dispositions, carve-out transactions, joint ventures, complex internal reorganizations, and other strategic business transactions. Sheryl’s experience representing both strategic and financial buyers and sellers in the financial services and life sciences industries enables her to help her clients successfully achieve their business goals while navigating and solving structuring issues, any regulatory approval landscape and potential customer, employee and third party consents. She is a co-leader of the firm’s corporate and business transactions practice in New York and the former co-leader of the firm’s global mergers and acquisitions practice and technology industry team.
Her clients include broker-dealers, investment advisers, asset managers, trust companies, and other financial institutions, as well as both branded and generic pharmaceutical companies and private equity firms.
Perrigo Co. plc
- $170 million strategic investment to expand and strengthen US infant formula manufacturing by purchasing Nestlé's Gateway infant formula plant in Eau Claire, Wisconsin, along with the US and Canadian rights to the Good Start® infant formula brand, as well as an investment to expand the Claire plant production
- Acquisition of PBM Products LLC for $808 million
- $113 million acquisition of the oral care assets of High Ridge Brands, which includes leading children’s oral care value brand, Firefly®, in addition to the REACH® and Dr. Fresh® brands
- $750 million acquisition of Ranir LLC, a global oral care company with a comprehensive portfolio of more than 300 highly customized oral care solutions, including power toothbrush heads, power toothbrush handles, whitening strips, manual toothbrushes, floss, mouthwash, dentures, and travel kits
- $185 million sale of Perrigo’s Animal Health division to PetIQ, a diversified manufacturer and marketer of over-the-counter pet health and wellness products with market-leading brands
- Through its Belgian subsidiary, Omega Pharma, on the sale of Perrigo's Austrian subsidiary, Herbs Trading, a seller of homeopathic over-the-counter products, to Alvogen
- Sale of its active pharmaceutical ingredients business, Perrigo API, to SK Capital
- Through its subsidiary, Omega Pharma, in the sale of Bittner Pharma LLC, a pharma company, to Alvogen
- $285 million acquisition of Sergeant's Pet Care Products
- Sale of a portfolio of generic pharmaceutical products to Watson Pharmaceuticals
- Acquisition of a portfolio of generic dosage forms and strengths of Retin-A® (tretinoin) from Matawan Pharmaceuticals
- $380 million acquisition of the US rights to Entocort from AstraZeneca
- $540 million acquisition of Paddock Laboratories
Other Selected Representations
- Jefferies Financial Group in the sale of Idaho Timber to two buyers for a total of $239 million
- Virtu Financial, Inc. in its formation of, and sale of assets to, RFQ-hub Holdings LLC, a consortium among Virtu, the leading electronic trading platform MarketAxess, liquidity providers Citadel Securities, Flow Traders and Jane Street Capital, and asset manager BlackRock
- GreenAcreage Real Estate in its merger with NewLake Capital Partners. The companies are investment vehicles focused on acquiring a diversified real estate portfolio of industrial and retail properties leased to high-quality companies in the cannabis industry
- Comtech Telecommunications Corp. in the acquisition of UHP Networks Inc., a provider of innovative and disruptive satellite ground station technology solutions
- Harvest Fund Advisors and its shareholders in connection with the sale of Harvest Fund Advisors to Blackstone
- Jackson National Life Insurance Co.’s sale of the National Planning Holdings independent broker-dealer network, consisting of INVEST Financial Corporation, Investment Centers of America, Inc., National Planning Corporation and SII Investments, Inc., to LPL Financial LLC
- Ares Capital and Golub Capital, and their portfolio company, Champion Parent Corp., in the sale of Champion Parent’s subsidiary, Competitor Group Inc.
- Jefferies in its investment in a consortium entity alongside three other private equity funds, and in its purchase, through the consortium entity, of up to $5 billion in loans from Prosper Marketplace
- Mitsui in its 20% investment in CIM, a full-service U.S. urban real estate and investment fund management firm
- Leucadia National Corp. in its investment in Gerchen Keller Capital and its subsequent sale of its interest in Gerchen Keller Capital LLC as part of the sale of Gerchen Keller Capital to Buford Capital Ltd.
- Leucadia National Corp. in the sale of its subsidiary, Conwed Plastics, to Schweitzer-Manduit International Inc.
- Merck in the sale of its ophthalmics business
- Merck in Merck Animal Health's acquisition of Harrisvaccines
- Jefferies in its $10 billion merger of equals with Leucadia National Corporation
- Leucadia in a real estate joint venture with entrepreneur and private equity investor Henry Silverman
- Leucadia in its agreement to acquire ITG Investment Research LLC from Investment Technology Group
- MetLife in its sale of independent broker-dealer affiliates Tower Square Securities and Walnut Street Securities to Cetera Financial Group
- Pearson plc in its $650 million acquisition of EmbanetCompass, a provider of online learning services for nonprofit academic institutions
- Apollo Management and portfolio company Sprouts Farmers Market in its acquisition of Sunflower Farmers Market
- Jefferies in its $438 million acquisition of Prudential Bache's Global Commodities Group
- Apollo Management in its acquisition of Sprouts Farmers Market
- Prudential Retirement Insurance and Annuity Company in its acquisition of certain retirement accounts for which Union Bank of California, N.A. performed trustee, recordkeeping, and other back-office services
- Primus Guaranty, Ltd. in its acquisition of the $25B CDO/CLO fund management business of CypressTree Investment Management, LLP
- Jefferies in its acquisition of Depfa Albany Securities
- Fincantieri-Cantieri Italiani S.p.A. in its joint venture with Lockheed Martin Corporation and the acquisition of Manitowac Marine Group
- Deutsche Börse AG in its $2.8 billion acquisition of the International Securities Exchange
- TD Ameritrade in its $325 million acquisition of Fiserv's Investment Support Services (ISS) business.
- College of William & Mary, Marshall-Wythe School of Law, 2001, J.D.
- Hood College, 1994, B.A.
- Cottey College, 1992, A.A.
- New York
Recommended, Media, technology and telecoms: Technology transactions, The Legal 500 US (2022–2024)
Recommended, M&A/corporate and commercial: M&A: large deals ($1bn+), The Legal 500 US (2020, 2021)
Recommended, Media, technology and telecoms: Fintech, The Legal 500 US (2020, 2021)
Ranked, Corporate/M&A, New York, Chambers USA (2019)
Rising Star, Mergers & Acquisitions, New York, Super Lawyers (2011–2013)
Editor-in-chief, College of William and Mary Journal of Women and the Law
Member, Financial Women’s Association