Andrew P. Rocks

Andrew counsels clients ranging from Fortune 500 companies and private equity funds and their portfolio companies to entrepreneurs and emerging businesses across many industries, including sports, technology, retail, consulting, manufacturing, healthcare, and energy. He represents many of these clients, including emerging companies and portfolio companies, throughout their entire lifecycle, guiding them through the negotiation and implementation of employment arrangements, incentive equity plans, and other startup matters, as well as equity and debt financings, corporate restructurings, and sale transactions. 

Andrew routinely advises on complicated transaction structures involving pre-transaction restructurings, equity rollover components, the use of representations and warranties insurance, and earnouts, among others, on behalf of both buy-side and sell-side parties.  Andrew is a co-leader of the firm’s global sports industry team.

Strategic M&A and Joint Ventures

• Cloud Light Technology, a Hong Kong–based manufacturer of advanced optical modules, in its sale to Lumentum Holdings, Inc. (NASDAQ: LITE) for approximately $750 million
• DKSH (DKSH.SH), a Swiss public holding company specializing in market expansion services, in the $360 million acquisition of Terra Firma, a distributor of specialty chemicals in North America
• Linx Partners in the sale of Reconstruction Experts, a provider of specialized property repair services, to Johns Lyng Group (ASX: JLG)
• HRSoft, a software-as-a-service (SaaS) low-code platform provider that empowers enterprises to take control of employee compensation, rewards, and performance management, in the investment by Bow River Capital’s Software Growth Equity
• Qualia, a digital real estate closing platform valued at more than $1 billion, in its acquisition of Adeptive Software, the developer of ResWare, a complementary title and escrow production software
• Sommer Maid Creamery, a family-owned and operated dairy, in its sale to Honor Foods
• A leading provider of IT professional services, project management, and staffing solutions in its sale to a private equity sponsor
• BP Products North America in its joint acquisition with ArcLight Capital Partners LLC of all of the outstanding shares of Thorntons Inc., a gasoline and convenience store chain with more than 190 locations in Florida, Illinois, Indiana, Kentucky, Ohio, and Tennessee
• Aramark (NYSE: ARMK) in the $300 million sale of its Healthcare Technologies business to TriMedx
• Aramark in its $140 million acquisition of HPSI, a supply chain company that serves thousands of healthcare providers, educational institutions, and hospitality businesses in the United States
• LifeShield, a home security provider and portfolio company of Hawk Capital, in its $25 million sale to ADT
• Harte Hanks (NASDAQ: HHS) in the $112 million sale of its Trillium Software business to Clearlake Capital Group LP–backed Syncsort Incorporated
• Health Net Inc. in its $6.8 billion sale to Centene Corporation
• Campbell Soup Company in its $231 million acquisition of Garden Fresh Gourmet
• The Pep Boys – Manny, Moe & Jack, an automotive aftermarket service and retail chain, in its sale to Icahn Enterprises LP valued at more than $1 billion
• Honeywell International Inc.'s pension fund in numerous co-investments

Sports Transactions

• Fanatics, a leading sports retailer and global digital sports platform, in the following transactions:
  • $250 million acquisition of Mitchell & Ness, a brand offering authentic vintage jerseys and apparel collections for Major League Baseball, the National Football League, the National Basketball Association, Major League Soccer, and various National Collegiate Athletic Association schools
  • $1.5 billion funding round, which valued the company at $27 billion (and its prior financing rounds)
  • 50-50 joint venture with Hillhouse Capital, Asia’s largest equity firm, to expand into Shanghai with the aim of localizing operations, including product design, sourcing, and licensing
  • Joint venture with Lids and subsequent equity investment in Barnes & Noble, a solutions provider for the education industry
  • Acquisition of VF Corporation’s (NYSE: VFC) Licensed Sports Group business, including the Majestic brand, which supplies apparel and fan wear through licensing agreements with US and international professional sports leagues and teams
• MSP Sports Capital Partners, a pioneering sports-focused private equity firm, in certain investment transactions
• The family office of a professional sports owner in certain sports franchise and other sports industry investments

Private Equity

• Greater Sum Ventures and its portfolio companies in transactions involving TalentTek, Vacation Brands LLC, Inhabit IQ, Tribute Technologies, and Care Brands
• Community Brands, a portfolio company of Insight Venture Partners, in numerous transactions including acquisitions of TripBuilder Media Inc., Givesmart UK Ltd., Expo Logic, NimbleUser, 501 Auctions LLC, Gesture, Configio, and inResonance
• Ministry Brands LLC (a portfolio company of Insight Venture Partners) in numerous transactions including acquisitions of YSL LLC d/b/a ChurchStreaming, Sharefaith Inc., Kindrid LLC, Faith Direct LLC, and DonorDirect.com Inc.
• Lovell Minnick Partners and J.S. Held, a global consulting firm focused on the construction industry and insurance claim management, in the sale of J.S. Held to Kelso & Company
• J.S. Held in more than a dozen add-on transactions