Rachel Fridhandler

RACHEL FRIDHANDLER’s practice covers a broad range of commercial and transactional work, including mergers and acquisitions, spinoffs, controlling and minority investments, venture capital financing, growth equity investments, GP stakes deals, restructurings, and corporate and board governance. Prior to joining Sidley, Rachel practiced in the corporate group of a leading Canadian law firm.

Rachel earned her J.D. from the Schulich School of Law at Dalhousie University. Prior to entering private practice, Rachel gained experience working in Canadian federal politics and at one of Canada’s largest integrated oil and gas companies.

Representative matters and transactions include:

• A consortium, headed by APG Asset Management N.V. (APG), on behalf of the largest Dutch pension fund, ABP, and Australian Retirement Trust (ART), in the acquisition of Riverstone Holdings’ equity stake in Pattern Energy Group.
• Brand Velocity Group in its investment in Jaya Apparel Group (Cinq à Sept and LIKELY fashion labels).
• Represented Eldridge Industries as lead provider of US$1.7 billion in equity and debt financing to Metropolis Technologies, Inc. for Metropolis’s take-private acquisition of SP+ Corporation.
• Represented 4x4 Capital in the sale of a portion of its interest in 1440 Foods Holdco to Bain Capital.
• Representation of GIC Pte Ltd. in connection with multiple acquisitions and investments, including:
  • in connection with its commitment to NextDecade Corporation’s (NextDecade) (NASDAQ: NEXT) Phase 1, US$18.4 billion LNG project, winner of Project Finance International’s “Deal of the Year” award, 2024.
  • a US$200 million investment in CF Finance Acquisition Corp. II, a SPAC that acquired View, Inc.
  • in connection with an investor group’s US$12 billion acquisition of McAfee Corp.
  • in connection with its Series D investment in Zymergen, a company engaged in the design, development and commercialization of bio-based breakthrough products, at industrial scale, where microorganisms create the biomolecules that are the key ingredients in those products.
• Represented Magna International Inc. in its $1.525 billion acquisition of the Veoneer Active Safety business from SSW Partners.
• Representation of Achieve Partners in its acquisition of a majority stake in Boclips, a global education rich media provider.
• Representation of certain investors in connection with TPG Inc.’s US$1 billion initial public offering.
• Representation of D1 Capital Partners as lead investor in the US$485 million Series D financing of Kavak.
• Representation of Xignux S.A. de C.V. in connection with the US$645 million acquisition of SPX Transformer Solutions, Inc. by GE-Prolec Transformers, Inc., a subsidiary of a joint venture between GE and Xignux.
• Representation of Colliers International Group in its acquisition of a controlling interest in Maser Consulting.
• Representation of Guaranteed Rate in its acquisition of Stearns Holdings.
• Representation of Low Income Investment Fund in connection with its joint venture with Stewards of Affordable Housing for the Future to expand National Affordable Housing Trust’s low income housing tax credit syndication efforts.
• Representation of Argo Group International Holdings, Ltd. in its proxy contest defense against Voce Capital.
• Representation of MiMedx Group, Inc. in connection with concomitant proxy contests launched by each of Prescience Point and Parker Petit.
• Representation of institutional investor in connection with a preferred equity financing for the US$4.6 billion acquisition of Dun & Bradstreet Corporation.
• Representation of Knolwes Corporation in a proxy contest against Caligan Partners, Falcon Edge Capital and Patriot Global Management.
• Representation of LifePoint Health, Inc. in its agreement with Medical Properties Trust, Inc. with respect to a pending sale-leaseback of 10 acute care hospitals in six markets for US$700 million.
• Representation of Cat Rock Capital in connection with its investment in Just Eat plc.
• Representation of Evolution Media Capital LLC in the sale of Matador Content, LLC to Boat Rocker Media Inc.
• Representation of Starwood Property Trust in its acquisition of GE’s Energy Financial Services’ Project Finance Debt Business for US$2.56 billion.

• SidleyWomen, Committee Member