Matthew D. Morton

Biography

Matthew D. Morton
Matthew Morton’s practice focuses primarily on environmental aspects of complex business transactions, including corporate mergers and acquisitions and financing transactions.

In this capacity, Matthew is responsible for coordinating environmental due diligence, managing environmental consultants, counseling clients regarding environmental liability and risk allocation issues, drafting and negotiating environmental contract language, obtaining environmental insurance, coordinating permit transfers and pursuing post-closing resolution of compliance and liability issues. In addition, Matthew counsels on the business implications of pending legislative and regulatory developments and regulatory matters, including permitting requirements. Matthew also has experience with the preparation of environmental impact statements under NEPA and analogous state statutes and securities disclosure issues and provides support to litigation teams involved with government enforcement of environmental matters.

Experience

M&A/Private Equity

  • Advent International and its portfolio companies in various transactions, including its acquisitions of AOT Bedding Super Holdings, Definitive Healthcare, LLC and a 45% stake in Conservice, LLC; its leveraged buyout of Morrison Supply; its $1.4 billion sale of MORSCO, Inc.; Cotiviti Holdings, Inc. in its acquisition of iHealth Technologies, Inc.; and Noosa Yoghurt, LLC in its merger with Sovos Brands
  • American Securities in its $850 million acquisition of the Interior Products Business of Beacon Roofing Supply, Inc.; Henry Company LLC in its acquisition of Fortifiber, LLC; and its pending $1.575 billion sale of Henry Company
  • Apergy Corporation (n/k/a ChampionX Corporation) in a Reverse Morris Trust acquisition of ChampionX (f/k/a Nalco Champion) from Ecolab Inc. creating an entity with a combined $7.4 billion enterprise value
  • Berkshire Partners in its majority recapitalization of National Carwash Solutions Inc. (a portfolio company of AEA Investors)
  • The Blackstone Group in the acquisition by Blackstone Tactical Opportunities of Concert Golf Partners
  • The Blackstone Group in its investment in Hotwire Communications
  • Briggs & Stratton Corporation in its $550 million 363 asset sale in a chapter 11 bankruptcy proceeding of substantially all of its assets and its equity interests in certain of its subsidiaries and certain joint ventures to an affiliate of KPS Capital Partners
  • Brookfield Asset Management in aggregate $808 million mortgage and junior and senior mezzanine refinancing loans secured by the retail condominium portion of the Crown Building
  • Campbell Soup Company in its $6.1 billion acquisition of Snyder’s-Lance, Inc.; its $2.2 billion sale of Campbell International, Inc.; and its sales of Bolthouse Farms, Garden Fresh Gourmet and Kelsen Group A/S
  • Cornell Capital in its acquisition of INW Manufacturing LLC; the business combination of Knowlton Development Corporation (KDC/ONE) and HCT Group Holdings Limited; the acquisition by INW Manufacturing LLC of Capstone Nutrition; and KDC/ONE in its acquisition of Zobele Holding S.p.A
  • CoStar Group, Inc. in its $450 million acquisition of STR, Inc.
  • EQT Infrastructure in its sale of Synagro Technologies, Inc.
  • Exide Holdings, Inc. in its $179 million sale of substantially all of its Americas operations to Atlas Holdings LLC, in connection with its chapter 11 proceedings
  • Genstar Capital in its acquisitions of Marcone Appliance Parts Center, Inc. and Truck-Lite Company LLC (n/k/a Clarience Technologies, LLC) and its sales of Infinite Electronics, Inc. and ECM Industries, LLC
  • Gores Metropoulos II, Inc., a SPAC sponsored by Gores Metropoulos Sponsor II LLC (an affiliate of The Gores Group and Dean Metropoulos), in its $2.2 billion business combination with Sonder Holdings
  • Main Event Entertainment, Inc., a subsidiary of Ardent Leisure Group Limited, in Ardent's sale of a 24.2% stake in Main Event to RedBird Capital Partners together with an option for Redbird to acquire a controlling stake within a defined period
  • Maines Paper & Food Service Inc. in the sale of substantially all of its assets to Lineage Logistics, Inc.
  • KIK Custom Products, Inc. (a portfolio company of Centerbridge Partners) in its sale of its KIK Personal Care business
  • Montagu Private Equity in its $490 million acquisition of the original equipment manufacturing (OEM) and tissue processing businesses of RTI Surgical, Inc.
  • Mudrick Capital Acquisition Corporation, a SPAC sponsored by Mudrick Capital, in its acquisition of substantially all of the assets of Hycroft Mining Corporation, with an initial enterprise value of approximately $537 million
  • NBC Universal, Inc., together with The Blackstone Group LLC and Bain Capital LLC, in its $3.5 billion acquisition of The Weather Channel, LLC
  • OMERS Private Equity in its acquisition of TurnPoint Services
  • ORIX Capital Partners in the sale by its portfolio company Hoffman Southwest Corporation of all of Hoffman's Roto-Rooter franchise operations to Roto-Rooter Services Company
  • Pioneer Metal Finishing, LLC (a portfolio company of Aterian Investment Partners) in its acquisition of Pilkington Metal Finishing LLC
  • Providence Equity Partners and its portfolio companies in various transactions, including its acquisitions of Professional Association of Diving Instructors and TimeClock Plus; its investment in Topgolf Entertainment Group; and its sales of Archipelago Learning, Inc., Bresnan Communications, LLC and World Endurance Holdings, Inc.
  • Providence Strategic Growth Partners and its portfolio companies in various transactions, including its acquisitions of Chatmeter, Inc., ThreatConnect, Inc. and ShootProof, LLC
  • PSAV, Inc., Goldman Sachs and Olympus Partners (PSAV’s sponsors) in the sale of PSAV to Blackstone
  • QuickChek Corporation in its $645 million sale to Murphy USA
  • SGS SA in its $335 million sale of Petroleum Service Corporation to Aurora Capital Partners
  • Snow Phipps Group and its portfolio companies in various transactions, including its acquisition of Kele, Inc.; its acquisition of Ideal Tridon Holdings, Inc. and Ideal Tridon’s acquisition of ZSI-Foster, LLC
  • Software Luxembourg Holding S.A. in its $1.3 billion merger with and into Churchill Capital Corp II, a SPAC sponsored by the Churchill Capital Group
  • TPG Global in the acquisition by TPG Pace Holdings Corp., a SPAC sponsored by TPG Pace Group, of the stock of Accel Entertainment, Inc., with the resulting entity having an initial enterprise value of approximately $884 million
  • Westinghouse Electric Company, LLC (a portfolio company of Brookfield Business Partners) in its acquisition of the North American Civil Nuclear Systems and Services Business from Rolls-Royce Holdings plc

Restructuring

  • Exide Holdings, Inc. and its affiliated debtors, a global lead-acid batteries manufacturing company, in their chapter 11 cases
  • Fairway Group Holdings Corporation, the parent company of Fairway Market, a grocery chain in the New York City metropolitan area, in its sales in a chapter 11 bankruptcy proceeding of five stores and its distribution center to Village Super Market, Inc., of three stores to Bogopa Enterprises (the owner of Food Bazaar), of one store to a Key Food Stores Cooperative Inc. member, and of two real estate leases to Amazon Retail LLC
  • PG&E Corporation and Pacific Gas and Electric Company, one of the largest combined natural gas and electric energy companies in the United States and the largest utility company in the State of California, in their chapter 11 cases, with estimated liabilities (including contingent and disputed liabilities) in excess of $50 billion
  • Sears Holdings Corporation and its affiliated debtors, one of the largest retailers in the world in connection with their chapter 11 cases, marking one of the largest retail chapter 11 cases in history
  • Takata Corporation, a Japan-based automotive parts supplier subject to massive mass tort liabilities and other creditor claims, in its global restructuring, including the chapter 11 cases of its U.S. and Mexican entities and the ultimate $1.6 billion sale to Key Safety Systems

Finance

  • Avolon Holdings Limited (Avolon) (an affiliate of the HNA Group) in a $1.75 billion 144A/Reg S offering of senior unsecured notes by Avolon Holdings Funding Limited, a direct wholly owned subsidiary of Avolon
  • GameStop Corporation in its $415 million private senior secured notes exchange offer and related consent solicitation
  • J.P. Morgan and other financial institutions, as representatives of the underwriters, in a $650 million senior notes offering by Lear Corporation to refinance existing indebtedness
  • Kronos Acquisition Holdings Inc. (a portfolio company of Centerbridge Partners), as the parent of KIK Custom Products, Inc., in its $1 billion 144A/Reg S offering of senior and senior secured notes, simultaneously with an amended $900 million senior secured term facility, to refinance existing indebtedness and for other corporate purposes
  • Morgan Stanley and the other managers in a $6.25 billion Rule 144A private offering of senior unsecured notes by Nutrition & Biosciences, Inc. (N&B) to finance in part its pending merger with International Flavors & Fragrances Inc., following N&B's spin-off by DuPont
  • OMERS Private Equity in first lien facilities to finance its acquisition of TurnPoint Services
  • Thryv Holdings, Inc. (a publicly traded company backed by Mudrick Capital Management, Goldentree Asset Management and Paulson & Co.) in $875 million senior secured term and ABL revolving facilities to finance its acquisition of Sensis Pty Ltd. and to extend and refinance existing commitments and outstanding indebtedness

Matthew served on the staff of a global energy company’s Ombudsman Employee Concerns Program, dedicated to investigating and resolving safety and environmental concerns. Matthew has published numerous articles on the legal ramifications of climate change as well as other environmental issues.

Matthew is recognized as a leading lawyer for Environment: Mainly Transactional in D.C. by Chambers USA, where clients note he “has strength in attention to detail and overall knowledge of the industry“ and is "very intelligent and highly thought of.“ He is also recognized as a “Rising Star” for Environment: Transactional by Legal 500 US.

Awards and Recognition, Speaking Engagements, Guides and Resources, Latest Thinking, Firm News & Announcements

Awards and Recognition