Michael Keeley

Partner

Chicago

Michael is Global Head of Orrick’s Capital Markets practice. He concentrates his practice on capital markets transactions and public company mergers and acquisitions. He has extensive experience in all types of capital markets transactions, including initial public offerings, high yield and investment grade debt offerings, PIPEs, tender offers and exchange offers.

Michael also advises both public companies and their fund investors on complex corporate transactions involving public companies, including going-private transactions, mergers, acquisitions and divestitures.

In addition, Michael regularly advises publicly traded corporations and their executive officers and directors on corporate governance, SEC compliance and disclosure matters, stock exchange listing requirements, the Sarbanes-Oxley Act, the Dodd-Frank Act, Section 16 and Section 13 reporting, stockholder activism and proposals, executive compensation and fiduciary duties of directors and officers.

Chambers USA has ranked Michael for his expertise in Capital Markets Debt & Equity and noted he is “extremely bright and a solution provider.”

Engagements
Initial Public Offerings
- AEVEX Corp. (NYSE: AVEX), a leading defense technology prime contractor
- Carvana Co. (NYSE: CVNA), a leading eCommerce platform for buying used cars
- SailPoint, Inc. (Nasdaq: SAIL), a cybersecurity firm
- Ping Identity Holding Corp. (NYSE: PING), an intelligent identity management platform
- Instructure Holdings, Inc. (NYSE: INST), a leading education technology company
- PowerSchool Holdings, Inc. (NYSE: PWSC), a leading provider of cloud-based software for K-12 education in North America
- Oak Street Health, Inc. (NYSE: OSH), a value-based healthcare company focused exclusively on Medicare patients
- Integral Ad Science Holding Corp. (Nasdaq: IAS), a leading digital advertising verification company
- Maravai LifeSciences Holdings, Inc. (Nasdaq: MRVI), a global provider of life science reagents and services
- Suja Life, Inc. (Nasdaq: SUJA), a producer of cold-pressed organic juices and wellness products
- VWR Corporation (Nasdaq: VWR), a leading, independent provider of laboratory products, services and solutions
Securities and Corporate Financings
- Rule 144A offering by Whirlpool Corporation (NYSE; WHR) in connection with its $1.0 billion of 7.500% Senior Secured Second Lien Notes due 2031 and $1.0 billion of 7.875% Senior Secured Second Lien Notes due 2034
- Whirlpool Corporation (NYSE: WHR) in connection with its $1.2 billion concurrent common stock and mandatory convertible preferred stock offering
- Numerous registered offerings by Whirlpool Corporation (NYSE: WHR) of investment grade senior notes (dollar and euro tranches)
- The Boeing Company (NYSE: BA), in connection with its $24.25 billion concurrent common stock and mandatory convertible preferred stock offering
- Numerous registered offerings by The Boeing Company (NYSE: BA) of investment grade senior notes (dollar and euro tranches)
- Carvana Co. in its liability management exchange offer formally supported by approximately 90% of Carvana’s noteholders
- Rule 144A offering by Carvana Co. of $350 million aggregate principal amount of 8.875% Senior Notes due 2023
- Private sale by Carvana Co. of $100 million of convertible preferred stock
- Rule 144A and Regulation S offering by LogMeIn, Inc. of $950 million aggregate prinical amount of 5.500% Senior Notes due 2027
- Rule 144A and Regulation S offering by VWR Funding, Inc., a wholly owned subsidiary of VWR Corporation, of €504 million aggregate principal amount of 4.625% senior notes due 2022
- Rule 144A and Regulation S offering by Solera of $150 million aggregate principal amount of 8.875% Senior Notes due 2023
Acquisitions and Divestitures
- Carvana Co. in its $2.2 billion carveout acquisition of ADESA U.S.’s Physical Auction Business
- LCI Industries (NYSE: LCII) on $7.7 billion merger with Patrick Industries (Nasdaq: PATK)
- Thoma Bravo in its $10 billion sale of Adenza to Nasdaq, Inc. (Nasdaq: NDAQ)
- Thoma Bravo on the sale of Venafi to identity security company CyberArk for approximately $1.54 billion
- Instructure Holdings, Inc. (NYSE: INST), in its $4.8 billion take-private sale to KKR
- Take-public of CardConnect, Inc., an FTV Capital portfolio company, to FinTech Acquisition Corp., a publicly traded SPAC
- The Boeing Company in its $4.25 billion acquisition of KLX Aerospace Solutions
- Invanti Software in its $872 million acquisition of MobileIron
- Francisco Partners in its $4.3 billion take-private of LogMeIn, Inc.
- Thoma Bravo in its $1.3 billion take-private acquisition of UserTesting (Nasdaq: USER), a leader in video-based human insight, alongside Sunstone Partners
- Instructure (NYSE: INST), the learning platform and maker of Canvas, in its acquisition of Parchment, the world's largest academic credential management platform and network, for $835 million
- Thoma Bravo in the sale of its portfolio company Ellie Mae to Intercontinental Exchange
- Thoma Bravo and its portfolio company Ping Identity in its $2.34 billion take-private acquisition of ForgeRock
- Sale of WillowTree, a portfolio company of Insignia Capital Group to TELUS International (NYSE and TSX: TIXT)
*Michael’s experience includes that prior to joining Orrick.

News

D: +1 312 924 9802
E:[email protected]

Address:

353 N Clark Street
Suite 3600
Chicago, IL 60654
United States

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Practices

Admitted In
- Illinois

Education
- University of Illinois at Urbana-Champaign, B.S., Finance, 2007
- Georgetown University Law Center, J.D., 2012, magna cum laude

Honors
- Chambers USA, Nationwide, Capital Markets: Debt & Equity: Central United States, Ranked Lawyer (2026)
- Chambers USA, Illinois, Capital Markets: Debt & Equity, Ranked Lawyer (2026)
- Super Lawyers, Illinois “Rising Star” for Securities & Corporate Finance (2016-2022)
- Advised on transactions for Boeing that were recognized in “Dealmaker of the Year,” The American Lawyer (2025)