David B. Cosgrove

David B. Cosgrove, a partner in Dechert’s corporate and securities practice, focuses on private equity transactions, mergers and acquisitions, and general corporate matters across multiple industries (including healthcare, financial services, technology and industrial). Mr. Cosgrove regularly represents financial sponsors in structuring and negotiating leveraged buyouts, add-on acquisitions and disposition transactions.

In addition, Mr. Cosgrove acts for financial sponsors and other investors in growth and venture capital investments, restructuring transactions, rollover investments, funds for dedicated acquisition platforms, and other financing and securities transactions. He also works closely with portfolio companies and executives in designing, structuring and negotiating executive employment and equity compensation arrangements.

Mr. Cosgrove has practiced in New York for the past two decades and recently moved to Dechert’s Charlotte office as part of Dechert’s initiative to expand its corporate and private equity team and services in Charlotte.

Key Matters

• AIG in the sale of its US$3.6 billion CLO management business to an affiliate of Blackstone.
• MiddleGround Capital Partners in its take private acquisition of The L.S. Starrett Company, a leading manufacturer and supplier of precision blades, tools and instruments.
• Bregal Partners in its sale of United Sports Brands (Shock Doctor) to Norwest Equity Partners.
• NTC Group/Tenax Aerospace in its add-on acquisition of DS Technologies, a leading provider of special mission aviation services.
• Calvert Street Capital Partners and its portfolio company Machine Specialties Inc. in the add-on acquisition of Cambridge Specialty Co. Inc.
• Calvert Street Capital Partners in its sale of Premium Inspections, a leading provider of non-destructive inspection and testing services for downstream petrochemical, refining, power generation and industrial end markets.
• Calvert Street Capital Partners in its sale of IOS Holdings (leading independent provider of inspection, testing and tubular integrity management services to the upstream oil and gas industry) to LB Foster.
• Dubin Clark & Company, Inc. in a series of acquisitions of U.S.-based event rental and event productions companies.
• Dubin Clark in a series of acquisitions of U.S.-based HVAC and related home services businesses (Sila Heating and Air Conditioning), as well as the successful sale to another PE sponsor.
• Dubin Clark in its acquisition of Affordable Water Heaters and Plumbing Services, a long with a number of related add-on acquisitions for this California based home services platform.
• Dubin Clark in its partnership to invest in iRocker, a leading watersports lifestyle company.
• Dubin Clark in its acquisition of Daystar (DPI Brands), a leading automotive performance after-market parts company focusing on off-road vehicles and accessories.
• Dubin Clark in its acquisition of EMPI/Euro Motorparts Group, leading automotive after-market parts company focusing on Volkswagen and other European vehicles.
• FFL Partners (Friedman Fleischer & Lowe) in its sale of Church’s Chicken®, one of the world’s largest quick service chicken restaurant chains, to High Bluff Capital Partners and investment funds managed by FS Investments.
• FFL Partners and its portfolio company EyeCare Partners in the sale of ECP to Partners Group.
• FFL Partners and Icynene-Lapolla in the sale of Icynene-Lapolla to Huntsman Corporation.
• FFL Partners and its portfolio company Crisis Prevention Institute (CPI) in the sale of CPI to Wendel.
• FFL Partners and Lee Equity in the acquisition of Summit Behavioral Healthcare, and subsequent sale to Patient Square.
• FFL Partners and Two Sigma Impact in the acquisition of Community Medical Services.
• FFL Partners and Wellstreet Urgent Care in the structuring and negotiation of two joint ventures with hospital systems in Georgia and Michigan for the management and development of urgent care center networks.
• FFL Partners in its investment in and partnership with Perlman Clinic, a provider of urgent care and primary care medical services in California.
• Midwest Dental, a portfolio company of FFL Partners, in Midwest Dental’s sale to Smile Brands Inc.
• NL1 AcquireCo Inc., an entity led by FFL Partners and CDPQ, in its acquisition of New Look Vision Group, a provider of eye care products and services.