Carl Marcellino is a partner based in the New York office. Carl has a broad transactional practice, representing a mix of public and private corporate and private equity investment fund clients on a range of transactions of global significance. Specifically, Carl has led representations involving mergers and acquisitions, leveraged buyouts, special purpose acquisition companies (SPACs), preferred equity investments, and PIPE investments, as well as various securities offerings and compliance and governance matters. He has represented, and continues to represent, some of the most noteworthy private equity investment firms in the global marketplace including H.I.G. Capital, New Mountain Capital, TPG Capital and Welsh, Carson, Anderson & Stowe, as well as their portfolio companies.
Experience
- Represented H.I.G. Capital and Thoma Bravo in their carve-out acquisition of the IT certification and training division of the Computing Technology Industry Association (CompTIA).
- Represented New Mountain Capital in the acquisition of Amerit Fleet Solutions, a provider of commercial fleet maintenance and repair services.
- Represented H.I.G. Capital in the acquisition of CHA Consulting, a full-service engineering, design, consulting and construction management firm.
- Represented New Mountain Capital in its growth investment in Portage Point Partners, a business advisory firm.
- Represented Activant Capital in its investment in a $70 million Series C funding round for Sardine, an AI-powered fraud detection platform.
- Represented Vision Ridge Partners alongside Havila Holding in its sale of Fjord1, the largest owner and operator of ferries in Norway, to DIF Capital Partners and EDF Invest.
- Represented H.I.G. Capital in its $950 million carve-out acquisition of the distribution business of Avient Corp. and creation of Formerra, a preeminent distributor of engineered materials (named a 2023 Middle-Market Deal of the Year winner by Mergers & Acquisitions).
- Represented Astra, a rocket launch startup that provides satellite delivery service, in its $2.1 billion business combination with Holicity, a special purpose acquisition company (SPAC).
- Represented New Mountain Capital in its acquisition of Cumming Group, an international construction consultancy.
- Represented Altus Power, a clean electrification company, in its $900 million business combination with CBRE Acquisition Holdings, a special purpose acquisition company (SPAC).
- Represented New Mountain Capital in its take-private acquisition of Aegion Corporation, a provider of infrastructure maintenance, rehabilitation and protection solutions.
- Represented publicly held The Habit Restaurants, a casual dining restaurant operator, in its sale to YUM! Brands for $375 million.
- Represented publicly held Surgery Partners, a healthcare services company, in its $760 million acquisition of private-equity backed National Surgical Healthcare.
- Represented publicly held Norcraft Companies, a manufacturer of kitchen and bathroom cabinetry in the U.S. and Canada, in its $600 million sale to Fortune Brands Home & Security.
- Represented United Surgical Partners, an operator of ambulatory surgery and short-stay medical facilities, in its sale, along with Aspen Healthcare, to Tenet Healthcare.