Focus on merger and acquisition (M&A) transactions and private equity fund and portfolio company representations.
Advises on the corporate aspects of restructuring transactions including Section 363 sales and other distressed M&A transactions.

Sarah Withers represents private equity sponsors and other corporate clients in a wide range of complex business transactions, including M&A, leveraged buyouts, carve-outs, divestitures, auction processes, minority and joint venture investments, reorganizations, recapitalizations and financings. Sarah also counsels clients with respect to general corporate and governance matters.

Representative Work

Represented a private equity fund in the sale of a NYC-headquartered fitness business with global franchise operations.
Represented a private equity fund in its acquisition of a laundry business that serves the healthcare industry, and subsequent add-on investments.
Represented a private equity fund in its acquisition of a founder-owned exterior restoration and remodeling business with a Midwest footprint.
Represented a private equity fund in its control investment in a founder-owned nationally franchised plumbing business.
Represented a private equity fund in the sale of a casual dining restaurant group with operations throughout the Southeastern U.S.

Represented a private equity fund in its acquisition of a founder-owned payroll processing SaaS company and subsequent disposition to a cloud-based restaurant management platform.
Represented a founder in connection with the sale of a health care billing SaaS company to a tech-focused private equity fund.
Represented a private equity fund in multiple acquisitions of distressed software assets in the U.S. and in Canada.
Represented a sovereign investor in a $2.5 billion joint venture acquisition of a leading U.S. healthcare and education staffing business.
Represented a sovereign investor in connection with the $14 billion consortium take-private acquisition of a cybersecurity software maker.
Represented a multinational telecommunications company in its acquisition of a venture capital-backed data-driven advertising platform.
Represented a private equity fund in connection with the acquisition of an industrial water treatment solutions provider with a focus on nuclear waste.
Represented private investment firm in connection with a $300 million secured loan to a company that specializes in charter jet services and fractional aircraft sales; advised on subsequent equity investments and a $400 million internal reorganization.
Represented a privately owned electric utility in the $925 million sale of four natural gas-fired electric generating plants in Pennsylvania and a portion of a Virginia hydroelectric power station to a private equity and infrastructure firm.
Represented a coal and nuclear power generating company in asset sales and corporate governance matters in connection with its $5 billion chapter 11 restructuring.