Adam M. Turteltaub
Partner, Mergers & Acquisitions
Adam M. Turteltaub is a partner in the Corporate & Financial Services Department and Co-Chair of the Mergers & Acquisitions Practice Group. He also serves as chair of the firm’s Business Committee and is a member of the firm's Executive Committee. He focuses on advising public and private companies and private equity firms in domestic and cross-border mergers and acquisitions, minority and strategic investments, restructurings, take-over defense, shareholder activism and corporate governance matters.
Chambers USA (2013-2023) ranks Adam as a leading practitioner in the area of Corporate/M&A Law in New York. In March 2011, Adam was one of five attorneys nationwide to be profiled by Law360 as a “Rising Star” in the area of Corporate Finance.
Experience
Adam is a member of the New York State Bar Association and the Association of the Bar of the City of New York, where he previously served on the Mergers, Acquisitions & Corporate Control Committee.
Adam has represented:
- Choice Hotels International in its proposal and subsequent exchange offer to acquire Wyndham Hotels & Resorts, Inc.
- Southeastern Grocers, parent company of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, in the sale of its business lines to Aldi and Fresco Retail Group
- Tailwind Acquisition Corp. in its merger with NUBURU, Inc.
- Choice Hotels International in its approximately $675 million acquisition of Radisson Hotel Group Americas
- Analytic Partners in connection with an investment by funds affiliated with Onex Corporation
- CMA CGM Group in its acquisition of most of Ingram Micro’s Commerce & Lifecycle Services business, valued at $3 billion
- Take-Two Interactive Software, Inc. in its:
- $460 million acquisition of The Gearbox Entertainment Company
- acquisition of Popcore, an independent mobile game developer based in Germany
- $12.7 billion acquisition of Zynga
- proposed takeover of London-listed Codemasters for approximately $994 million in cash and Take-Two stock
- $192 million acquisition of mobile games developer Playdots
- acquisition of Kerbal Space Program, a critically acclaimed space simulation program
- acquisition of mobile game developer Social Point for $250 million
- approximately $203.5 million repurchase of all of the Icahn Group's stock in the company
- acquisitions of the World Wrestling Entertainment Inc. video game franchise and "Evolve" (working title) video game title from THQ Inc., and in its $250 million offering of convertible senior notes
- $220 million and $138 million offerings of convertible senior notes and in the sale of its Jack of All Games distribution business to SYNNEX Corporation
- Jay Alix, founder of AlixPartners, and AlixPartners LLC in the following matters:
- AlixPartners in its acquisition of leading independent restructuring practice THM Partners LLP
- AlixPartners in its acquisition of management consulting firm Galt & Company
- AlixPartners in its acquisition of leading independent economics consulting boutique Matrix Economics
- AlixPartners in its acquisition of global risk management firm Freeh Group International Solutions
- AlixPartners on its acquisition of independent financial advisory and interim management firm Zolfo Cooper
- Jay Alix in the acquisition of an ownership stake in the business from CVC Capital Partners, a transaction valuing AlixPartners at more than $2.5 billion
- Jay Alix in CVC Capital Partners' recapitalization of the global business advisory firm
- AlixPartners LLC and Jay Alix in the sale of a majority stake to Hellman & Friedman LLC as part of a recapitalization
- Colony Capital, Inc. and its predecessors and affiliates in the following matters:
- Colony Capital, Inc. in its $5.9 billion agreement to sell Colony Industrial, the industrial real estate assets and affiliated industrial operating platform of Colony Capital, to Blackstone
- Colony Capital in the internalization of the management of Colony Credit Real Estate, Inc.
- Colony Capital, Inc., in connection with the formation of the new joint venture partnership, Alpine Energy Capital, LLC to provide capital and asset management solutions to the U.S. upstream oil and gas industry
- Colony Capital, Inc. in the $1.515 billion financing secured by a portfolio of 158 U.S. healthcare properties
- Colony Capital in its joint venture with HB2 Energy to form Colony HB2 Energy, an energy-focused investment management platform
- Colony Capital, Inc. in its $17 billion merger of equals with NorthStar Asset Management Group Inc. and NorthStar Realty Finance Corp. to create Colony NorthStar, Inc., with $58 billion of assets under management
- Colony Financial, Inc. in its $1.6 billion acquisition of Cobalt Capital Partners and its highly diversified portfolio of 256 primarily light industrial assets
- Colony Financial, Inc. as one of the equity investors in the $9 billion acquisition of Safeway, Inc. by AB Acquisition LLC
- Colony Capital in its acquisition of six casino hotels in multiple transactions from Harrah's Entertainment, Inc., Caesars Entertainment, Inc. and Kerzner International Ltd.
- Bridge Growth Partners, LLC in the following matters:
- its sale of Accedian, a leader in performance analytics and end-user experience solutions, to Cisco
- its majority equity investment in BackOffice Associates, the worldwide leader in information governance, data stewardship, and data migration solutions
- Bridge Growth and Salient CRGT in Salient CRGT's acquisition of Information Innovators, Inc.
- its acquisition of Finalsite, a leading SaaS-based learning and communications platform for U.S. and international schools
- its acquisition of a majority interest in Solace Systems, a leading provider of infrastructure messaging technology
- its acquisition of CRGT, a leading provider of custom software and data analytics to federal agencies, from an affiliate of Veritas Capital, and Bridge Growth Partners and CRGT in GRGT's subsequent merger with Salient Federal Solutions, Inc.
- FIS in the following matters:
- its $42 billion agreement to merge with Worldpay, Inc., a global leader in eCommerce and payments
- its acquisition of SunGard, in a deal valued at $9.1 billion
- LS Power and REV Renewables in a $300+ million equity investment by SK E&S in REV to accelerate the expansion of REV's portfolio of renewable power and energy storage projects
- LS Power in the formation of clean energy platform REV Renewables, and contribution of a 2.4GW portfolio of assets draw from LSP’s existing portfolio, consisting of solar, wind, pumped hydro and battery storage assets
- DigitalBridge Group in the $3.2 billion sale of its Wellness Infrastructure business to Highgate Capital Investments and Aurora Health Network
- Hachette Book Group, a subsidiary of Lagardére SA, in its $240 million acquisition of Workman Publishing
- NXMH BV in its acquisition of Whitebridge Pet Brands from Frontenac
- BrightSpire Capital, Inc., formerly known as Colony Credit Real Estate, in the $223 million sale of a portfolio of development and non-accrual investments
- SCVX, a special purpose acquisition company, in its $1.1 billion deal to merge with Bright Machines, an industry leader in intelligent software-defined manufacturing
- Lagardère Travel Retail in its $530 million acquisition of Paradies and $330 million acquisition of Hojeij Branded Foods (HBF)
- Randa Accessories in its non-binding proposal to acquire Perry Ellis International, Inc.
- Choice Hotels in its acquisition of extended-stay hotel brand WoodSpring Suites
- Promotion Execution Partners (PEP) in its acquisition by WPP
- Implant Sciences in its chapter 11 case and the sale of its explosives trace detection assets to L-3 Communications, a Section 363 bankruptcy sale
- Aralez Pharmaceuticals in its acquisition of the U.S. rights to beta-blocker Toprol-XL® from AstraZeneca
- Aralez Pharmaceuticals in its acquisition of the U.S. and Canadian rights to cardiovascular drug Zontivity from Merck
- Tornier N.V., a designer, manufacturer and marketer of joint replacement devices, in its $3.3 billion merger with Wright Medical Group, Inc.
- Auxilium Pharmaceuticals, Inc., in its $2.6 billion acquisition by Endo International plc
- Dolce Vita Holdings, Inc. in its acquisition by Steve Madden
- Special Committee of the Board of Directors of Springleaf Holdings, Inc. in connection with the company's sale of its interests in approximately $7.2 billion of non-core real estate assets and related servicing
- Alea Group Holdings (Bermuda) Ltd in its sale to Catalina Holdings (Bermuda) Ltd
- Liberty Resources LLC in its $660 million oil and gas asset sale to Kodiak Oil & Gas Corp.
- Auxilium Pharmaceuticals, Inc., in its acquisition of Actient Holdings LLC for a total enterprise value of up to $657 million
- Kenneth Cole in his merger agreement to take Kenneth Cole Productions, Inc. private
- Riverstone Holdings, as part of a private equity consortium, in the $7.15 billion leveraged buyout of El Paso Corporation's oil and gas exploration and production units
Credentials
Education
New York University School of Law, J.D., 1998 University of Vermont, B.S., 1994