Focus on merger and acquisition (M&A) transactions and private equity fund and portfolio company representations.
Advises on the corporate aspects of restructuring transactions including Section 363 sales and other distressed M&A transactions.

Sarah Withers represents private equity and other corporate clients in a wide range of transactions, including M&A, leveraged buyouts, divestitures, auction processes, joint ventures, reorganizations, recapitalizations and financings. Sarah’s transaction experience covers a variety of industries, including energy, technology, health care, aviation, financial services, media and hospitality.

Representative Work

Represented Bessemer Investors LLC in the acquisition of Legacy Restoration, a provider of exterior restoration and remodeling services.
Represented Bessemer Investors LLC in connection with a strategic investment in RotoCo, LLC, the largest Roto-Rooter franchisee.
Represented York Capital Management in the acquisition of Healthcare Linen Services Group, a provider of health care laundry services.
Advised Energy Harbor Corp. (formerly known as FirstEnergy Solutions Corp.) in asset sales and corporate governance matters in connection with its $5 billion chapter 11 restructuring.
Advised FirstEnergy Corp. with the $925 million sale of four natural gas-fired electric generating plants in Pennsylvania and a portion of a Virginia hydroelectric power station to private equity and infrastructure firm LS Power Equity Advisors.

Advised Angelo, Gordon & Co. L.P. in the sale of Firebirds Wood Fired Grill, a 48-unit casual dining restaurant group, to J.H. Whitney Capital Partners LLC.
Advised Angelo, Gordon & Co. L.P. in the sale of Crunch Fitness to TPG Growth.
Advised a private investment firm in connection with a $300 million secured loan to a company that specializes in charter jet services and fractional aircraft sales; advised on subsequent equity investments and a $400 million internal reorganization.
Advised a public telecommunications company in its acquisition of a venture capital-backed data-driven advertising platform.
Advised a private equity fund in connection with the acquisition of a founder-owned payroll processing software as a service (SaaS) company and subsequent disposition to a cloud-based restaurant management platform.
Advised a founder in connection with the sale of a health care billing SaaS company to a tech-focused private equity fund.
Advised a private equity fund in connection with the acquisition of an industrial water treatment solutions provider with a focus on nuclear waste.