Carmen J. Romano


Carmen J. Romano

Retired Partner

Philadelphia | Cira Centre, 2929 Arch Street, Philadelphia, PA 19104-2808
+1 215 994 2971 | +1 215 994 2222

| vCard | PDF

Carmen J. Romano, former chair of the corporate and securities group, represents private equity and strategic clients in mergers and acquisitions across a wide variety of industries, including health care, education, food and beverage, transportation, industrial, energy infrastructure and consumer products.

Mr. Romano has been recognized for the past nine years as a leading lawyer for Corporate/M&A and Private Equity by Chambers USA, a referral guide to leading lawyers in the United States based on the opinions of their peers and clients. In recent editions, Chambers has praised Mr. Romano as an “‘extraordinarily good lawyer’” and “‘a highly creative and insightful’ practitioner, with a special focus on private and public M&A deals.” Mr. Romano has also been noted for his work in the food and beverage sector by Chambers USA. In addition, he has been recognized as a leading lawyer for M&A by Practical Law Company and has been recognized for his work in private equity, capital markets: high yield debt offerings and M&A by The Legal 500 (U.S.), where he is described as “a great business asset as well as a talented lawyer.” He is also listed in The Best Lawyers in America.

Mr. Romano handles transactions on behalf of leading private equity sponsors such as One Equity Partners, Jefferies Capital Partners, Bruckmann, Rosser, Sherrill & Co., Leeds Equity Partners, and many of their portfolio companies. In addition, strategic buyers and sellers, including Select Medical Corporation, Bentley Systems, and Berwind Group, call on Mr. Romano to represent them in a full range of transactions and corporate matters.


Significant Representations

  • Edgen Group, a portfolio company of Jefferies Capital Partners, in its acquisition by Sumitomo Corporation of America for US$1.2 billion in cash, its US$700 million recapitalization sponsored by Jefferies Capital Partners, its US$154 million initial public offering, and several bond offerings, including a US$540 million Rule 144A/Regulation S offering of senior secured notes and a US$465 million Rule 144A/Regulation S offering of senior secured notes.
  • One Equity Partners in its acquisition of Merfish Pipe & Supply, an industrial pipe distribution business.
  • Berwind Group in its acquisition of Oliver Products Company and the sale of National Pen Company.
  • Select Medical Corporation (NYSE: SEM) in its US$300 million initial public offering, its follow-on debt and equity offerings and its prior US$2.3 billion leveraged buyout by Welsh, Carson, Anderson & Stowe. Mr. Romano has handled numerous additional transactions on behalf of Select Medical Corporation including its: US$245 million acquisition of the outpatient rehabilitation division of HealthSouth Corporation; US$210 million acquisition of Regency Hospital Company, L.L.C. from Waud Capital Partners, L.L.C.; US$100 million acquisition of SemperCare, Inc.; US$230 million acquisition of Kessler Rehabilitation Corporation; US$200 million acquisition of NovaCare’s physical rehabilitation and occupational health division; and US$100 million sale of its Canadian operations.
  • Clement Pappas, a private label beverage producer, in its US$390 million sale to Lassonde Industries.
  • The Brickman Group, Ltd. in its US$1.6 billion sale to KKR and its billion dollar plus recapitalization sponsored by Leonard Green Partners.
  • Leeds Equity Partners in the sale of Miller Heiman, a leading sales training company.
  • An investor group, led by One Equity Partners, in the US$855 million acquisition of Vertrue Incorporated (Nasdaq: VTRU), a premier Internet direct marketing services company.
  • Bravo Brio Restaurant Group, Inc. in its US$172.5 million initial public offering of its common stock and its subsequent follow-on offering.
  • One Equity Partners in its US$1.26 billion acquisition of NCO Group, Inc., a publicly-traded company focused on accounts receivable and customer-relationship management.
  • Jefferies Capital Partners in its acquisition of the OCTG business of Bourland & Leverich Holding Company and its sale of Aurora Parts, a truck parts distribution business, and Aurora Leasing, a truck leasing business.
  • Berwind Group in its acquisition of Elmer’s Products, Inc., the manufacturer of Elmer’s Glue, from an affiliate of Kohlberg Kravis Roberts & Co.
  • Organization and financing of Greenstone Aviation, a company organized to make investments in commercial aircrafts.
  • One Equity Partners in its acquisition of Polaroid Corporation out of bankruptcy and its subsequent US$426 million sale of Polaroid to Petters Group Worldwide.
  • Bruckmann, Rosser, Sherrill & Co. in numerous buyouts and exits of restaurant chains, including its US$360 million sale of Real Mex Restaurants to Sun Capital Partners, its acquisition of the Bravo and Corner Bakery restaurant chains and its sale of the Il Fornaio and Corner Bakery restaurant chains.

Includes matters handled at Dechert or prior to joining the firm.

  • The Wharton School, University of Pennsylvania, B.S., 1977, summa cum laude, Beta Gamma Sigma
  • Columbia Law School, J.D., 1980, Note Editor of the Columbia University Law Review (1979-1980)
  • Pennsylvania
  • United States Court of Appeals for the Third Circuit, Honorable Dolores K. Sloviter