Ryan M. Scofield

A representative cross-section of Ryan’s recent experience includes the following:

Mergers and Acquisitions

• Venerable Insurance – US$51 billion variable annuity reinsurance transaction with, and acquisition of SunAmerica Asset Management, LLC from, Corebridge.
• Frontier Infrastructure – receipt by Tailwater portfolio company and leading developer of low-carbon infrastructure across the U.S. Mountain West and Texas of strategic investment from Baker Hughes, along with power purchase agreement and purchase of turbines from Baker Hughes.
• Kuvare Asset Management and Kuvare UK Holdings – sale for up to US$1 billion of Kuvare Asset Management to Blue Owl Capital (including potential earnout), and US$250 million preferred equity investment by Blue Owl in Kuvare UK Holdings.
• Fleming Insurance Holdings – US$277 million acquisition of JRG Reinsurance Company (JRG Re).
• Buyer group – acquisition of Wells Fargo’s approximately US$10 billion student loan portfolio.
• HMS Holdings Corp. – acquisition of Accent payment accuracy business from Intrado Corporation.
• General Electric Company – global joint venture with Baker Hughes for aero-derivative gas turbine engines and related transactions for GE’s separation from Baker Hughes.
• Vertera Spine – sale of Vertera Spine, a privately held medical device company developing interbody implants for spinal fusion, to NuVasive, Inc., a leading medical device company.
• Dell Boomi – acquisition of ManyWho, a unified cloud and low-code development platform.
• Schweitzer-Mauduit International, Inc. (SWM) – acquisition of Conwed Plastics LLC, a leading producer of engineered resin-based netting solutions.
• PRA Group – sale of government services fee-for-service business.
• EnLink Midstream Partners – sale of North Texas pipeline to Atmos Energy.

Private Equity

• Carlyle and KKR – agreement to acquire a US$10.1 billion portfolio of prime private student loans from Discover Bank.
• Stonepeak Infrastructure Partners – acquisition, via take-private transaction under Chapter 11, of Akumin Inc., a once publicly traded company listed on the Toronto Stock Exchange and Nasdaq, and a leading national provider of outpatient radiology and oncology solutions.
• Apollo Global Management – acquisition of Credit Suisse’s Securitized Products Group and establishment of Atlas Securitized Partners platform.
• Stonepeak Infrastructure Partners – financing of Akumin Inc.’s acquisition of Alliance Healthcare at a US$820 million enterprise value.
• Apollo Global Management and advised funds – sale of AmeriHome Mortgage Company for approximately US$1.22 billion.
• Accelerant Holdings – private placement by Accelerant, a portfolio company of Altamont Capital Partners, of preferred stock in excess of $190 million to multiple unrelated third-party institutional investors, including Eldridge Industries.
• Stonepeak Infrastructure Partners – investment in Lineage Logistics, the world’s largest temperature-controlled logistics company.
• Apollo Global Management – acquisition, through a consortium, of Fortress Investment Group’s ownership in OneMain Financial.
• Apollo Global Management and Athene Holding – acquisition, through a consortium, of Voya Insurance and Annuity Company, including Voya’s closed block variable annuity business, from Voya Financial.
• Stonepeak Infrastructure Partners – investment in convertible preferred securities and common securities of Phillips 66 Partners as part of a US$1.05 billion issuance in connection with a dropdown of assets by Phillips 66 Partners’ general partner.
• Morgan Stanley Energy Partners – majority equity investment in XRI Blue, a water supply and pipeline transportation company.
• Morgan Stanley Energy Partners – majority equity investment in an oilfield services equipment and parts and services company.
• Stonepeak Infrastructure Partners – investment in convertible preferred securities of Dominion Midstream Partners as part of an issuance of up to US$600 million in connection with a dropdown of the Questar Pipeline by Dominion’s general partner.
• Stonepeak Infrastructure Partners – investment in convertible preferred securities of MPLX as part of a US$1 billion issuance.

Securities

• Accelerant Holdings – upsized initial public offering of 34,461,152 Class A common shares (a portion primary and a portion secondary) pursuant to a Form S-1 registration statement.
• Joint Venture among Nelnet, Inc. and certain investors – issuer’s counsel on US$4,031,720,000 Nelnet Student Loan Trust 2021 securitization backed by private student loans.
• Vistra Energy Corp. – initial public offering pursuant to resale shelf registration statement on Form S-1 following spinoff from Energy Future Holdings Corp.

• Sidley’s Committee on Recruiting of Associates, Dallas Co-Chair
• State Bar of Texas, Member
• Dallas Bar Association, Member
• Dallas Association of Young Lawyers, 2016 Leadership Class Member