Ian Bushner advises clients on complex business transactions with a focus on private equity sponsors and their portfolio companies.

He regularly structures, negotiates, and executes a full spectrum of complex domestic and cross-border deals across the capital structure throughout the stages of a company’s life cycle, including:

  • Leveraged buyouts and other public and private M&A transactions
  • Carve-outs and spin-offs
  • Emerging company and growth equity investments
  • Structured equity, convertible debt, alternative credit, and other investment transactions
  • IPOs, PIPEs, and other capital markets transactions
  • Recapitalizations, refinancing, and leveraged distributions
  • Restructuring, liability management, special situations, and other distressed transactions
  • JVs, commercial arrangements, alliances, and licensing transactions

Some of the largest, most sophisticated investors and dealmakers across the US, Europe, and Asia engage Mr. Bushner to efficiently execute deals, where he brings a laser-like focus to the core commercial issues and speaks the language of business. Leveraging his experience and the firm’s industry, geographic, and regulatory insights, he distills — in real time — complex legal, financial, and transactional landscapes into practical, actionable risk assessments for clients. His sponsor clients have included Apollo, Ascendant Capital, Bain Capital, Centerbridge, EQT, Hellman & Friedman, H.I.G. Capital, I Squared Capital, Madison Dearborn Partners, Nautic Partners, Oaktree, Owl Rock, Patient Square, Thoma Bravo, TPG, Veritas Capital Vantage Fund, Wafra, Inc., and their portfolio companies.

Mr. Bushner draws on extensive experience across a range of industries, including:

  • Healthcare and life sciences
  • Infrastructure, transportation, and climate
  • Financial and business services
  • Consumer and retail products
  • Technology, media, and telecom
  • Industrials and manufacturing

Mr. Bushner also maintains an active and award-winning pro bono practice, including providing sophisticated counsel to US and global non-profits on social entrepreneurship, complex business transactions, and development finance. He has also represented clients on civil rights and religious freedom matters, Special Immigrant Visa appeals for immigrants from Afghanistan, and appeals for denial of benefits from disabled US military veterans.

Mr. Bushner’s experience includes representing:

Healthcare and Life Sciences

  • TPG Growth in connection with its strategic investment in Compass Surgical Partners, an independent full-service ambulatory surgery center (ASC) development and management partner
  • Patient Square Capital as lead investor on the US$226.5 million Series C financing round of Apollo Therapeutics, a portfolio biopharmaceutical company focused on translating fundamental medical research into medicines through a hub-and-spoke approach
  • Patient Square in connection with the creation of Elevage, a platform dedicated to supporting medical device and technology companies
  • Elevage and Patient Square in connection with Elevage’s investment as lead investor on the US$80 million Series C financing round of Elucid, an AI-powered imaging analysis software provider
  • TPG Capital in connection with its majority investment in Confluent Medical Technologies, a materials science, development, and manufacturing partner to medical device OEMs
  • Apollo in connection with its strategic partnership and financing of the physician-led buyout of GI Alliance, the nation’s largest GI practice valued at US$2.2 billion
  • A healthcare investment firm in the formation and subsequent investments in a life sciences company platform
  • TPG Capital in connection with its investment in Monogram Health, a kidney disease focused benefit management and care delivery company, including Monogram’s US$160 million Series B funding and US$375 million growth capital raise
  • A healthcare investment firm in the formation and subsequent investments to support medical device companies
  • TPG Growth and TPG Healthcare in connection with healthcare and life sciences investments
  • Private equity sponsor in connection with proposed acquisition of ambulatory surgical center
  • Biorez, Inc., a medical device start-up, in its sale to CONMED Corporation
  • American Academy of Professional Coders, a leader in training and certification for the business of healthcare, in connection with multiple financings
  • Bain Capital Private Equity in its investment in Surgery Partners and equity commitment of US$760 million in its National Surgical Healthcare acquisition
  • A private equity sponsor in connection with its investments in the specialty pharma industry
  • Baxter in the spinoff of its biopharmaceuticals business Baxalta
  • OmniClaim, a healthcare cost containment and payment integrity solutions provider, in its sale to Equian, a portfolio company of New Mountain Capital
  • A healthcare technology and education provider in connection with strategic financings
  • A European public company in connection with the sale of its commercial bioagricultural business and entry into a long-term global alliance with a Fortune 500 company
  • A European public company in the life sciences industry in its US$1.2 billion tender offer for a NYSE-listed global biocides business
  • A public medical products manufacturer in its US$441 million sale in a contested tender offer

Infrastructure, Transportation, and Climate

  • TPG Rise Climate Fund in connection with its US$150 million investment in Palmetto, a leading technology-enabled clean energy platform
  • Wafra, Inc. in connection with its partnership with fiber infrastructure developer and operator Intermountain Infrastructure Group
  • TPG’s Rise Fund in connection with its strategic investment in Climavision, a weather tech services and intelligence platform
  • Private equity sponsor in connection with its proposed acquisition of an OEM in the electric vehicle charging space
  • Ascendant Capital in connection with its Southeastern long-haul dark fiber asset transaction with Bain Capital, Post Road, and DC BLOX
  • Private equity sponsor in connection with its proposed acquisition of a transportation logistics business
  • TPG Rise Climate Fund in connection with growth investment and buyout transactions
  • Ascendant Capital in connection with multiple financings involving DC BLOX, an owner-operator of data centers and dark fiber solutions
  • A private equity sponsor in connection with a JV in the digital infrastructure space
  • 8minute Solar Energy in connection with multiple transactions, including its US$400 million financing from EIG
  • Private equity sponsor in connection with a proposed data center and landbank development project
  • Agahozo-Shalom Youth Village in connection with development and construction of Gigawatt Global's 8.5MW solar PV project in Rwanda
  • A private equity sponsor in connection with its acquisition of an international satellite manufacturer
  • Private equity sponsors in investments in the distribution industry
  • A private equity sponsor in connection with a JV in the aviation industry
  • Public utilities in connection with 363 sales in the energy industry
  • A Fortune 100 company in the automotive industry in its US$23.1 billion initial public offering (then the largest in history), US$1.7 billion public secondary offering of common stock, US$175 million registered Dutch auction for warrants, and US$4.5 billion placement of senior unsecured notes

Financial and Business Services

  • Madison Dearborn Partners in connection with its US$1.8 billion take-private acquisition of Moneygram
  • TPG in connection with its investment in fintech saving and investing app Acorns, including TPG’s lead role in Acorns US$300 million private funding round
  • TPG in connection with the acquisition by Acorns of UK’s GoHenry, a fintech
    focused on 6- to 18-year-olds
  • H.I.G. Capital in its carve-out acquisition of Buck Consultants from Conduent
  • Private equity sponsors in connection with their investments in insurance and reinsurance companies
  • A major financial issuer in multiple public offerings of debt securities of US$15 billion in the aggregate
  • Private equity sponsors in investments in notes in the investment services industry
  • A private equity sponsor in its investment in notes in the financial services industry

Consumer and Retail Products

  • TPG Growth in its investment in Beauty for All Industries, including the ipsy and BoxyCharm beauty subscription brands
  • Moon Valley Nurseries, a family-owned, vertically integrated large tree and shrub nursery, in connection with its US$775 million transaction with Stonecourt Capital
  • Bain Capital Private Equity in its acquisition of Varsity Brands
  • Centerbridge in connection with its Investment in Heartland Food Products, its carve-out acquisition of Splenda from Johnson & Johnson, and its exit from Heartland
  • Fortune Brands Home & Security in its US$600 million tender offer for Norcraft Companies, a leading publicly owned manufacturer of kitchen and bathroom cabinetry
  • A private equity sponsor in its acquisition of a private company in the home security industry
  • A private equity sponsor in its acquisition of a kiosk operator
  • A private equity portfolio company in the foodservice industry in its US$1.4 billion Debt IPO exchange offer for senior notes

Technology, Media, and Telecom

  • Bain Capital Private Equity and Bow Street in their US$500 million acquisition of leading online jeweler Blue Nile
  • Inteliquent, a publicly listed interconnection partner for communications service providers, in its US$800 million sale to GTCR and Onvoy
  • H.I.G. Capital in its investment in Cleo Communications, an ecosystem integration software company
  • Conga (f/k/a Apttus), a Thoma Bravo-backed Saas revenue life cycle management provider, in connection with multiple transactions and general corporate matters
  • A private equity sponsor in connection with its acquisition of a government contracts
    wireless telecommunications provider
  • Private equity sponsors in investments in the cable and telecom industries
  • Private equity sponsors in potential investments in the music and sports television industries
  • A private equity sponsor in its sale of a streaming media software portfolio company
  • An information technology company providing services to government and commercial enterprises in its sale to a private equity fund
  • A Fortune 100 company in the defense industry its acquisition of a wireless communications software provider

Industrials and Manufacturing

  • Centerbridge in connection with its acquisition of IPS, a manufacturer of supplies for construction and industrial applications
  • A private equity sponsor connection with its acquisition of a specialty paper and adhesives manufacturer
  • Bain Capital Private Equity in its US$3.2 billion carve-out acquisition of Diversey Care from Sealed Air
  • Taminco, a NYSE-listed company in the chemicals industry, and its largest shareholder, Apollo Global Management, in its US$2.8 billion sale to Eastman Chemical
  • A private equity sponsor in connection with its investments in an international tool manufacturer
  • A private equity sponsor in the global carve-out acquisition of a specialty chemicals business
  • A Fortune 100 company in the defense industry its US$360 million tender offer for blast-protected vehicle manufacturer

Pro Bono

  • Agahozo-Shalom Youth Village in connection with investments and other ventures, including a large solar power project and sustainable housing developments in Rwanda
  • Non-profit organizations in connection with public-private partnerships involving digital access development and transformation in Africa
  • Non-profit organizations and individuals in the US in connection with civil rights litigation
  • Non-profit organizations in connection with social entrepreneurship initiatives, including for/non-profit hybrid structures
  • Non-profit organizations and individuals in connection with immigration matters, including the Special Immigrant Visa (SIV) program
  • Non-profit organizations and individuals in connection with disability matters, including appeals for disabled service veterans

The experience listed above includes certain matters handled prior to joining Latham

Bar Qualification

  • Illinois
  • Massachusetts

Education

  • JD, University of Chicago, 2009
    Honors
  • BA, Washington University in St. Louis, 2006
    Honors