David Schwartz

Partner

New York

David’s practice focuses on M&A transactions and providing strategic advice to an array of clients and industries. His practice is built on relationships – and he is passionate about working closely with clients to gain a deep appreciation of their business culture, operations, and objectives.

David is recognized as a trusted advisor who delivers valued execution and results.

  • BTI Consulting has ranked David as a Client Service All Star.
  • Chambers has ranked David for his M&A work, with clients noting he is “on top of cutting-edge trends and ideas", "proactive, engaged and personable", and possesses a “depth of legal expertise” and “creative solutions to thorny problems” that “make him our go-to."
  • Legal500's US M&A Powerlist has featured David, with clients noting he "is an incredible relationship partner. His dedication to understanding our business and our ways of working is complimented by his proactive approach to providing innovative solutions and ideas."
  • Public M&A

    • Fisker Inc. in its sale to Spartan Energy Acquisition Corp., a SPAC sponsored by an affiliate of Apollo Global Management, Inc. ($2.9 billion)
    • Controlling stockholder of DryShips in its going private merger ($460 million)
    • Catalyst Biosciences in its reverse merger with GNI Group Ltd. and affiliates by which Catalyst acquired next-generation fibrosis drug assets and a controlling interest in Beijing Continent Pharmaceutical ($335 million) and in its sale of it’s legacy rare bleeding disorders program to GC Biopharma ($6 million)
    • Merck in its acquisition of Cubist Pharmaceuticals ($9.5 billion) and its acquisition of Idenix Pharmaceuticals ($3.85 billion)
    • Catalyst Health Solutions in its sale to SXC Health Solutions ($4.5 billion)
    • Towers Perrin in its “merger of equals” with Watson Wyatt ($3.5 billion)
    • International Securities Exchange in its sale to Deutsche Börse ($2.8 billion)
    • Comverse Technology in its sale to its majority owned subsidiary, Verint Systems ($2 billion)
    • Sovereign Bancorp in its sale to Banco Santander ($1.9 billion)
    • VINCI Airports in its acquisition of a 29.9% stake in Group Aeroportuario del Centro Norte, S.A.B. de C.V., the Mexican airport operator listed on the Mexican Stock Exchange and on NASDAQ
    • Nabors Industries in its acquisition of Superior Wells Services ($1 billion)
    • Cipla, as the largest minority stockholder, in the sale of Chase Pharmaceuticals to Allergan ($1 billion)
    • Goldman Sachs as financial advisor to CEO-led buy-out of Harbin Electric ($770 million)
    • InterMedia Partners in its acquisition of Thomas Nelson ($500 million)
    • Largest stockholder of Online Resources in its sale to ACI Worldwide ($270 million)
    • Global Traffic special committee in its going private merger with GTCR Funds ($200 million)
    • Vector Group in its going private acquisition of New Valley Corporation ($90 million)
    • Teranga Gold in its acquisition of Oromin Explorations ($80 million)

    Private Transactions

    • Shopify Inc. in its acquisitions of 6 River Systems ($450 million), Donde Fashion ($51 million), Tictail ($17 million), Handshake Corp. (terms not disclosed), an acquihire of Patchstack (terms not disclosed), and a creative tech design company (terms not disclosed)
    • Squarespace, Inc. in its acquisition of the assets associated with Google Domains from Google LLC (terms not disclosed)
    • 1Password in its acquisition of Kolide (terms not disclosed)
    • Raine Group’s portfolio company in its sale of the Reigning Champs path-to-college business to Endeavor Group ($200 million) and its acquisition of a youth sports company (terms not disclosed)
    • Sizewise, a global medical equipment manufacturer, in its sale to Agiliti, a service provider to the U.S. healthcare industry ($230 million)
    • Industrious in the sale of 40% interest to CBRE Group, Inc. ($200 million) and an additional convertible preferred-equity investment by CBRE ($100 million)
    • Avaya in its acquisition of CTIntegrations (terms not disclosed) and in its sale of certain European assets (terms not disclosed)
    • Pitney Bowes in its sale of the Tacit Knowledge digital commerce solutions business to Grid Dynamics (terms not disclosed)
    • Maisonette in its acquisition of an e-commerce company (terms not disclosed)
    • Battle Motors in its acquisition of Crane Carrier Company (terms not disclosed)
    • Catalyst Biosciences in its sale to Vertex Pharmaceuticals Incorporated of Catalyst’s portfolio of protease medicines that regulate complement ($60 million)
    • Aledade in its acquisition Iris Healthcare (terms not disclosed)
    • ANI Pharmaceuticals in its acquisition of Amerigen's U.S. generic product portfolio ($77.5 million), WellSpring Pharma Services ($18 million), its acquisition of branded and generic products from Sandoz Inc. (terms not disclosed), its acquisition of an ANDA from a publicly listed health company (terms not disclosed), and its acquisition of ANDAS from Oakrum (terms not disclosed).
    • K Health in its acquisition of a remote mental health company (terms not disclosed)
    • Chiltern in its sale to Laboratory Corp of America ($1.2 billion) and in its acquisition of Theorem Clinical Research ($275 million)
    • Management investment group in the formation of Nassau Re with Golden Gate ($750 million)
    • Epic Pharma in its sale to Humanwell and PuraCap ($550 million)
    • Cipla in its acquisition of InvaGen Pharmaceuticals and Exelan Pharmaceuticals ($550 million)
    • EMC Corporation in its acquisition of Xtreme IO ($450 million) and Silver Tail Systems ($300 million)
    • Eye care company in its cross-border sale (terms not disclosed)
    • Ad hoc committee of first lien lenders in the sale of the Texas Rangers in bankruptcy ($450 million)
    • Ad hoc committee of subordinated note holders in the restructuring of Jason Holdings ($300 million)
    • SEACOR Holdings in its acquisition and contribution of VLGCs and related private placement ($150 million), in the sale of its environmental remediation business to J.F. Lehman ($100 million), and in the combination of its crisis management business with O’Brien’s Response ($90 million)
    • Harbinger in the sale of a minority interest in its portfolio casino company to Pinnacle Entertainment ($100 million)
    • GFI Group in its acquisition of assets of Amerex Energy ($90 million)
    • CyberHeart in its sale to a NYSE-listed medical device company (terms not disclosed)
    • Aksia in its acquisition of TorreyCove Capital Partners (terms not disclosed) and in its acquisition of real estate specialist Alignium LLC (terms not disclosed)
    • Greenbriar Equity in its sale of Grakon Holdings to Industrial Growth Partners (terms not disclosed) and in its acquisition of PetroLiance (terms not disclosed)
    • MediaNews in its acquisition of its California operations and sale to Gannett of 11 media outlets (terms not disclosed)
    • Sony Music in its acquisition of the remaining equity stake in an independent music distributor (terms not disclosed)

    Securities and Capital Markets

    • Sovereign Bancorp and Sovereign Bank in equity and debt offerings ($1.9 billion)
    • Comverse Technology in its spin-off of Comverse, Inc. ($500 million)
    • SEACOR Holdings in its spin-off of ERA Group ($400 million)
    • Assisted with the IPO of International Securities Exchange ($180 million)
    • Wasserstein Estate in its sell down of Lazard stock via underwritten offerings and Rule 144 sales ($150 million)
    • RCN Corporation in its issuer exchange offer of second lien notes for cash and warrants ($125 million)
    • Assisted with the initial public offering of GFI Group ($120 million)
    • Towers Watson in its issuer exchange offer of Class B-1 common stock for newly issued notes ($100 million)
    • Comverse Technology in its proxy contest and defense against Cadian Capital
    • Neuberger Berman Real Estate Income Fund in its defense against a hostile tender offer