Gabriel Saltarelli

GABRIEL SALTARELLI is a partner in the firm’s New York office whose practice focuses on mergers and acquisitions and private equity. Gabe advises clients on complex M&A transactions, including public company mergers, purchases and sales of private companies, and the formation and disposition of joint ventures. 

Gabe’s experience includes representing acquirers and sellers in a variety of industries, including: insurance; asset management and other financial services; telecommunications; retail; healthcare; energy, oil and gas; steel and other manufacturing; hospitality; and internet, entertainment and publishing.

Representations Include:

• M.D. Sass and Macquarie in the sale of their 50% interest in Amerra Capital Management;
• An equity investor in connection with the take-private of Astra Space, Inc.;
• Magna International Inc. in its acquisition of the Veoneer Active Safety business from SSW Partners for $1.525 billion;
• Magna International Inc. in its agreement to acquire Veoneer, Inc. for $3.8 billion (terminated);
• Alaska Communications, a provider of advanced broadband and managed IT services in Alaska, in its agreement to be acquired by an affiliate of Macquarie Capital and GCM Grosvenor for approximately $300 million, and its subsequent agreement to be acquired by an affiliate of ATN International and Freedom 3 Capital pursuant to a superior proposal valued at approximately $332 million;
• Anixter International, a global distributor of network, security, electronic and utility power solutions, in its agreement to be acquired by an affiliate of Clayton, Dubilier & Rice for approximately $3.8 billion, and in the successful sale of Anixter to WESCO International pursuant to a superior proposal valued at approximately $4.5 billion; 
• The Navigators Group, a global specialty insurance company, in its sale to The Hartford for $2.1 billion in cash;
• Starwood Waypoint Homes in a stock-for-stock merger-of-equals with Invitation Homes, with a combined enterprise value of approximately $20 billion;
• FelCor Lodging Trust in a stock-for-stock merger with RLJ Lodging Trust, with a combined enterprise value of approximately $7 billion;
• BW Group in the sale of its fleet of very large crude carriers to DHT Holdings for DHT stock with a value of approximately $538 million;
• Special Committee of Rouse Properties in a going-private transaction with Brookfield Asset Management (which held approximately 33.5% of Rouse’s outstanding stock) valued at approximately $2.8 billion;
• Starwood Waypoint Residential Trust in a stock-for-stock merger with Colony American Homes, with a combined asset value of $7.7 billion;
• GE Capital in the $12 billion sale of its U.S. and Canada sponsor finance business, known as “Antares Capital,” to an affiliate of the Canada Pension Plan Investment Board;
• Leucadia National Corporation in the formation of Folger Hill Asset Management, a joint venture between Leucadia and Sol Kumin, and a $400 million seed investment by Leucadia in a multi-manager investment fund to be formed by Folger Hill with an anticipated initial commitment in excess of $800 million;
• Alaska Communications Systems in the sale of its joint venture interest in The Alaska Wireless Network to General Communication, Inc. for $300 million;
• Special Committee of Kenneth Cole Productions in a going-private transaction with Kenneth D. Cole, Chairman and Chief Creative Officer, and the controlling shareholder, of the company; 
• Alaska Communications Systems in the formation of The Alaska Wireless Network, a joint venture with General Communication, Inc., for the purpose of holding and operating both companies' wireless facilities;
• Athene Holding Ltd. in its acquisition of Presidential Life Corporation, a publicly held fixed annuity, life insurance and accident and health insurance company, for approximately $415 million;
• Global Atlantic Financial Group in its acquisition of Forethought Financial Group, a privately held company that offers annuities and preneed life insurance;
• Highstar Capital in the sale of its 50% interest in Intergen N.V. to GMR Infrastructure for approximately $1.1 billion;
• Guggenheim Capital in its issuance of $100 million in preferred stock and warrants to K1 Ventures;
• Fortress Investment Group in the acquisition of CW Financial Services;
• Roc Capital, a hedge fund focused on quantitative equities trading, in its sale of a minority interest to a Mittal affiliate;
• Broadpoint Securities Group in its acquisition of Gleacher Partners;
• Alaska Communications Systems in its acquisition of Crest Communications Corporation, owner and operator of the North Star submarine fiber-optic cable;
• NRDC Equity Partners in its acquisition of Fortunoff;
• AIG Highstar and Ontario Teachers’ Pension Plan in their acquisition of Intergen N.V. for approximately $1.75 billion; and
• Starwood Hotels & Resorts Worldwide in connection with its sale of 33 luxury hotels to Host Marriott for approximately $4.25 billion.

Gabe is a member of the American Bar Association’s Mergers and Acquisitions Committee and the M&A Jurisprudence and Private Equity M&A Subcommittees.