Kirkland & Ellis Represents Madison Dearborn, Ikaria in $2.3B Sale to Mallinckrodt

Kirkland & Ellis LLP represented Madison Dearborn Partners and Ikaria, Inc., a privately held critical care company, which today announced that it has reached a definitive agreement with Mallinckrodt plc under which a subsidiary of Mallinckrodt will acquire Ikaria from a Madison Dearborn-led investor group in a transaction valued at approximately $2.3 billion. Mallinckrodt (NYSE: MNK), is a leading global specialty biopharmaceutical company. Subject to customary closing conditions, the parties expect the transaction to be completed early in the second calendar quarter of 2015.  More >>

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Shearman & Sterling Advises Francisco Partners on Proposed Acquisition by Mitel Networks of Mavenir Systems

Shearman & Sterling is advising Francisco Partners LLP in the proposed $560 million acquisition by its portfolio company, Mitel Networks, of Mavenir Systems.

Mavenir Systems (NYSE:MVNR) provides software-based mobile networking solutions that enable service providers to deliver next generation services over 4G LTE networks. More >>

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Troutman Sanders Announces New San Francisco Office

Troutman Sanders LLP announced today plans to open an office in San Francisco, the firm’s fourth office on the West Coast since it first expanded into California in 2009. The office will officially open on April 1 in the Financial District at 580 California Street, where the firm has leased the entire eleventh floor.

“Our office in San Francisco will support our successful growth on the West Coast, and it will expand the robust work that we are already performing there for clients in our core practices of energy, finance, insurance, and intellectual property,” said Robert W. Webb, Jr., Chairman of Troutman Sanders. “In addition, as the United States business gateway to China, San Francisco will provide a unique and valuable link to our thriving offices in Beijing, Shanghai and Hong Kong to support and enhance the rapid growth of inbound and outbound work for our clients between our U.S. and China offices.” More >>

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Nixon Peabody advises Oceanwide Holdings in $1B+ acquisition of San Francisco Towers

Oceanwide Holdings Co, Ltd., a publicly traded real estate company headquartered in China, is announcing the acquisition of the two-tower First & Mission development site in San Francisco’s TransBay. This is Oceanwide’s second major transaction since first entering the U.S. real estate market in December 2013 with the purchase of a 4.6-acre downtown Los Angeles parcel of land across from Staples Center and the L.A. Live entertainment complex. More >>

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Paul Hastings Represents BioMarin in $911 Million Public Offering of Common Stock

Paul Hastings LLP, a leading global law firm, represented BioMarin Pharmaceutical Inc. (Nasdaq:BMRN), a pharmaceutical company that develops and commercializes innovative biopharmaceuticals for serious diseases and medical conditions, in connection with its underwritten public offering of 9,775,000 shares of common stock. BioMarin estimated the offering would raise gross proceeds of $911.5 million before costs. More >>

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Emerging growth and venture capital lawyer Jonathan Axelrad joins DLA Piper in San Francisco

DLA Piper announced today that Jonathan Axelrad has joined the firm’s Corporate and Finance practice as a partner in the San Francisco office.

Axelrad represents emerging growth companies throughout their life cycle. He also represents venture capital and private equity funds that invest in early-stage companies, assisting in financings, mergers and acquisitions, and corporate governance issues. More >>

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Nossaman Expands Public Pensions and Investments Practice in California With Ashley Dunning and Michael Toumanoff

Nossaman LLP is pleased to announce the addition of Ashley Dunning and Michael Toumanoff to the Firm’s Public Pensions and Investments Practice Group. Ms. Dunning will be based in the Firm’s San Francisco office as a Partner and Co-Chair of the Public Pensions and Investments Group, and Mr. Toumanoff will be based in the Firm’s Los Angeles office as Of Counsel. Both join from Manatt Phelps & Phillips. More >>

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