Fried Frank acted as counsel to Onex Corporation in its acquisition of a 42% interest in Ryan, LLC for US$317 million, which values Ryan, LLC at US$1.1 billion. Ryan is a leading global tax services and software provider with an integrated suite of federal, state, local, and international tax services, and is the largest firm in the world dedicated exclusively to business taxes. Onex is one of the oldest and most successful private equity firms. The deal is now closed.
The Fried Frank team was led by corporate partners Daniel J. Bursky and David L. Shaw and included corporate partners Christopher Ewan, Mark S. Hayek, and Meredith L. Mackey; executive compensation and ERISA partner Jeffrey Ross; litigation partner Joshua D. Roth; tax partner Alan Kaden; intellectual property and technology special counsel Jason L. Greenberg; corporate associates Mason L. Allen, Shanta Chirravuri, Adam B. Cohen, Moshe A. Cohen, Jacqueline Punjabi, Justin A. Schenck, Ezra Schneck, and Charles Stern; corporate real estate associate James Gandia; antitrust associate Neda Moussavi; executive compensation and ERISA associate Stephanie Matko; intellectual property and technology associate Daniel E. Stern; litigation associate Nicole R. Love; tax associates Ryan L. Conley and Jessica Yeh; corporate law clerks Annie Chen and Joann S. Park; and executive compensation and ERISA law clerk Arielle F. Evans.