Frank Reddick has substantial experience in mergers and acquisitions, corporate finance and public company representations. Mr. Reddick is the partner-in-charge of the firm’s Los Angeles office and is a former member of the firm’s management committee, partnership admissions committee and audit committee. 

Practice & Background

Mr. Reddick represents strategic and financial buyers and sellers in public and private M&A transactions. He also represents issuers and institutional investors in public and private debt and equity offerings, restructurings and other financing transactions, and he advises public companies on corporate governance and other corporate matters.

He has been involved in transactions for a broad range of businesses, including in the motion picture, television broadcast and cable, Internet-based media, video game, publications, radio broadcasting, outdoor advertising, apparel, engineering services, food processing, health care, hospitality, gaming and retail industries.

Mr. Reddick’s practice focuses on M&A, joint ventures and strategic alliances, public and private offerings (equity and debt), senior and mezzanine debt facilities, and corporate governance and crisis management representations (including special board committee engagements). His clients are private equity and debt funds and other alternative capital sources, as well as issuers and other corporates. 

Representative Matters

Mr. Reddick’s engagements include representing:

Corporate Finance

  • private debt funds in the out-of-court restructuring of a senior secured collateral loan facilities agreement supporting an international solar project development business
  • a prominent media company in the restructuring of existing debt facilities in connection with the internalization of its digital media and television broadcast businesses
  • a global lifestyle brand in connection with the refinancing of its debt from its earlier leveraged buyout; this was a structured transaction whereby the company securitized its trademark portfolio
  • a private debt fund in connection with a senior secured credit facility for the construction and rehabilitation of a hotel and casino and the subsequent out-of-court restructuring of the facility
  • a private equity fund in connection with a mezzanine loan to fund the renovation of a major Los Angeles hotel
  • a private equity fund in connection with a $70 million senior secured debt facility to a New Mexico Indian tribe
  • a private equity fund in connection with the restructuring of existing debt facilities issued by an agriculture company
  • a consortium of mezzanine lenders in connection with the restructuring of $750 million of debt facilities issued to a Connecticut Indian tribe
  • an international media company in a financing and strategic alliance with a major motion picture studio
  • an international media company in a financing and strategic alliance with a major motion picture studio
  • a private equity fund in the structuring and design of a $450 million securitized film slate financing for a major motion picture studio and the negotiation and documentation of the senior debt, mezzanine debt and equity investment instruments
  • an investment bank in the structuring and design of a $300 million securitized film slate financing for a major motion picture studio and the negotiation and documentation of the senior debt, mezzanine debt and equity investment instruments
  • a major motion picture studio in a $400 million off-balance-sheet financing transaction to fund the purchase and exploitation of international film rights
  • a major motion picture studio in a $2 billion off-balance-sheet Rule 144A debt financing
  • a private equity fund in connection with an $80 million mezzanine debt facility to a Washington Indian tribe
  • a private equity fund in connection with a $50 million subordinated notes offering to a Washington Indian tribe
  • a money-center bank in the structuring and design of a $500 million securitized film slate financing for an independent production company
  • a private debt fund and insurance company in the out-or-court restructuring of credit facilities for an independent film and television production company
  • an Oklahoma Indian tribe in a $70 million placement of senior secured notes to finance the construction and opening of an initial gaming facility
  • a national veterinary hospital and laboratory company in a tender offer for its outstanding bonds and the restructuring of its senior credit facilities
  • a New Mexico Indian tribe in its $145 million Rule 144A bond offering to finance the construction of a hotel and resort property
  • a California Indian tribe in its $200 million Rule 144A bond offering to finance the expansion of its gaming facility and the construction of a hotel and resort property
  • a New York Indian tribe in its $200 million Rule 144A bond offering to finance the expansion of its hotel and resort property.

Mergers and Acquisitions

  • VCA, Inc. in its acquisition by Mars, Incorporated for approximately $9.1 billion
  • Delaware North, a global leader in hospitality and food service and an innovative operator of regional destination casinos, in its acquisition of GEM (Gaming & Entertainment Management – Illinois LLC), the third-largest video gaming terminal (VGT) route operator in Illinois
  • a national veterinary hospital and laboratory chain listed on the NASDAQ Global Select Market in its $360 million acquisition of an animal hospital service company
  • a national radio broadcast and outdoor advertising company listed on the New York Stock Exchange in a leveraged buyout transaction with an enterprise value of $24 billion
  • an apparel company with retail and wholesale distribution worldwide in its $450 million sale to a consortium of private equity buyers
  • a national veterinary hospital and laboratory company in multiple public and private M&A transactions involving the acquisition of animal hospital or laboratory companies ranging in enterprise value from $29 million to $80 million
  • the roll up of a private equity firm into a New York Stock Exchange REIT
  • a national food service company in its $250 million acquisition of a grower and manufacturer of produce
  • a publicly held engineering services firm in its merger with a publicly held business in the same industry in a stock-for-stock and cash merger valued at $180 million
  • a national food service company in a second lien financing and buyout transaction valued at $47 million
  • a home pharmacy company in its $150 million sale to a national pharmacy chain
  • an international manufacturer and distributor of fishing bait and tackle in a management-led leveraged buyout valued at $290 million
  • an international pharmaceutical company in the dispositions of its medical imaging business through multiple asset transactions with an aggregate value of $200 million
  • a global entertainment company in the negotiation and structuring of a joint venture with an investor group and a large media company involving the acquisition of a broadcast network in a transaction valued at $700 million, the placement of a Rule 144A financing as part of the financing of the acquisition and a subsequent restructuring of the investment
  • a major motion picture studio in its sale of a 50 percent interest in a cable company to a new media company, and the negotiation and structuring of its joint venture with that company
  • a global children’s television entertainment company in its $1.9 billion merger with an entertainment company and its Rule 144A financing in connection with the acquisition
  • a major motion picture studio in its sale of its equity interest in a broadcast network to another broadcast network.
  • an acquisition corporation in its tender for a personal computer manufacturer (traded on the national market) in a transaction valuing the company at $140 million
  • a national New York Stock Exchange-listed home equity lender in its $125 million recapitalization.

Other Corporate Engagements

  • an independent theater company in connection with corporate governance and crisis communications matters
  • the independent board members of a national radio broadcast company listed on the New York Stock Exchange in connection with the IPO of a subsidiary and the spinoff of a separate subsidiary
  • an independent board committee of a motion picture studio listed on the New York Stock Exchange in connection with a strategic corporate transaction.

Awards & Accolades

  • Named 2017 Leaders in Law – Corporate Attorney of the Year by the Los Angeles Business Journal
  • The Best Lawyers in America for Corporate Law (2013-2015, 2018)
  • Named as a top-rated M&A lawyer, Southern California Super Lawyers (2004, 2006-2015)
  • Super Lawyers Business Edition for Mergers & Acquisitions (2013)
  • Chambers USA: America’s Leading Lawyers for Business for Corporate/M&A (2010-2014)
  • The Century City Bar Association “Corporate Lawyer of the Year” (2008)
  • Recommended by Legal 500 US in Corporate and Commercial: M&A Middle-Market (2016-2017).