Seth R. Merl

Partner

New York

Guides financial sponsors, asset managers, and multinational corporations through complex domestic and cross-border M&A, joint venture, investment, and divestiture transactions across industries

Seth is a partner in Reed Smith’s Global Corporate Group. He advises and represents public and privately held companies (both domestic and foreign); private equity and hedge funds; and other financial, asset management, and real estate investment institutions in mergers, acquisitions, corporate restructurings, portfolio/asset investments and divestitures, joint ventures, strategic alliances, and securities law matters across multiple industry sectors, including financial/investment advisory; consulting and asset management services; technology; pharmaceuticals and health care; and consumer products.

Experience

Representative matters

BlackRock, Inc. in its:

  • Acquisition of Aperio Group LLC, a pioneer in customizing tax-optimized index equity separately managed accounts, from Golden Gate Capital for $1.05 billion
  • Acquisition of eFront from Bridgepoint and eFront employees for $1.3 billion
  • Acquisition of a portfolio of various securities, financial assets, and structured products from PartnerRe Ltd.
  • Acquisition of Xulu, Inc. dba FutureAdvisor, a leading robo-advisor based in Silicon Valley
  • Divestiture of Stanley-Martin Communities, LLC, a leading U.S. residential homebuilder, to Daiwa House
  • Divestiture of equity, first liens, and second liens of a portfolio company to a group of other current holders and lenders

Stone Point Capital LLC and its Trident Funds in their:

  • Investment in Gordon Brothers Group LLC, a global advisory, restructuring, and investment firm specializing in the industrial consumer products and retail sectors
  • Acquisition, along with GreyLion Capital, of Hyphen Solutions, the leading provider of cloud-based residential construction management software
  • Acquisition of Focus Financial and Kestra Financial, NFP’s Advisor Services business
  • Acquisition and development of their commercial and residential mortgage lending portfolio businesses, including the acquisition of Situs Group and Maverick Funding
  • Acquisition of one of the largest U.S. employee assistance program providers
  • Acquisition of the reinsurance business of AXA RE for $1.5 billion
  • Divestiture of portfolio companies, including Asset Allocation & Management Company, LLC to Securian Financial Group; Lancaster Pollard Holdings, LLC to Orix USA; and NXT Capital to Orix USA
Argand Partners, LP in its acquisitions of industry-leading portable fuel and consumer product container manufacturers Midwest Can Company, LLC and Container Specialties, Inc. from GenNx360 and two privately owned fuel container manufacturers from their respective founders

Recognitions

  • New York Super Lawyers Rising Star, Thomson Reuters, 2011-2013

Credentials

Education

  • Brooklyn Law School, 2002, J.D., magna cum laude; Moot Court Honor Society; Richardson Merit Scholarship; Dean’s List, editor in chief, Brooklyn Journal of International Law
  • University of Michigan, 1998, B.A., History

Professional admissions & qualifications

  • New York

Professional affiliations

  • American Bar Association
  • New York State Bar Association

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