HOUSTON – Reed Smith today announced the addition of four partners – Edward Rhyne, Robert Phillpott, Efren Acosta and Ron Scharnberg – to its Global Corporate Group in its 70 lawyer Houston office. The team brings decades of private equity, middle-market mergers & acquisitions (M&A), and business tax capabilities, including a wealth of experience in the Texas market.

Related Professionals: Edward E. Rhyne Robert W. Phillpott Efren Acosta Ron J. Scharnberg James R. Tandler

The group represents all parties in the full spectrum of private-equity and M&A transactions, from buyers, sellers and management teams to private equity funds and their investors. They service a wide range of industries and sectors, including aviation, agriculture, construction, energy, financial services, food and hospitality, industrial manufacturing, professional sports, recycling, technology, and many others. All were formerly partners with Baker Botts.

“We continue to acquire substantial corporate talent in Texas and across the Reed Smith platform,” said James Tandler, Chair of the firm’s U.S. Corporate Group. “This team of Efren, Bobby, Ed and Ron brings additional high-level talent in the area of private equity, middle-market M&A, and sophisticated business tax counselling, particularly in structuring complex transactions,” Tandler added, “and they expand the breadth of our sizeable Latin America offering.”

Rhyne’s practice focuses on private equity and other privately held firms, including family offices and family-owned businesses as well as fund formation. Phillpott’s practice involves developing tax structures that facilitate tax efficient transactions for all parties. Acosta concentrates on private company M&A with an emphasis on private equity transactions. Scharnberg’s practice includes tax advising and structuring for domestic and cross-border/international M&A and cross-border/international tax planning for private equity and public companies.

“Our team had a choice of firms, but selected Reed Smith for its broad base and global private equity practice, which is committed to growth,” Rhyne said. “We also have a comfort level with Reed Smith because so many of our former colleagues have joined the firm over the past few years, and they and their practices are thriving.”