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Patrick Rice counsels clients including private equity sponsors, buyers, sellers and financial advisors in large-cap and middle market mergers and acquisitions and other corporate transactions as well as related securities matters across multiple sectors and geographies, with an emphasis on the energy, infrastructure, transportation and shipping sectors. Patrick regularly advises on mergers and acquisitions, joint ventures, divestitures, spinoffs, restructurings and other strategic transactions and alliances. He also advises clients on related corporate matters including corporate governance issues, disclosure issues, shareholder agreements, shareholder rights, stock repurchase programs, securities law compliance, proxy contests and corporate control matters.

Concentrations

  • Mergers and acquisitions
  • Private equity
  • Corporate transactions
  • Securities law compliance
  • Corporate governance issues
  • Disclosure issues
  • Proxy contests
  • Corporate control matters
  • Investments in Africa

Capabilities

Experience

  • Represented BF Acquisitions, a U.S.-based family office, in the sale of a controlling interest in an insurance business to a publically traded U.K.-based insurance company.°
  • Represented BF Acquisitions in the reacquisition of shares in a portfolio company from a significant minority shareholder and the termination of their shareholders agreement.°
  • Represented Wilh Wilhelmsen Holding ASA in its proposed acquisition of Drew Marine Group Inc., a global marine chemical and supply company (portfolio company of the Jordan Company), and the subsequent challenges by competition authorities in multiple jurisdictions.°
  • Represented New Island Capital in an investment in, and a credit facility for, African Leadership University, a for profit education business in Mauritius and Rwanda.°
  • Represented New Island Capital in creating a joint venture to provide trade finance solutions to commodity suppliers in central and South America.°
  • Represented New Island Capital in a proposed equity investment in an alternative energy (solar) company in East Africa.°
  • Represented International Shipholding Corp. in its reorganization in bankruptcy and eventual acquisition by SEACOR Holdings.°
  • Represented International Shipholding Corp. in the sale of its Southeast Asian transportation and brokerage services business to J Line LLC.°
  • Represented International Shipholding Corp. in the sale of its trans-Pacific car and truck carriers business to NYK Group.°
  • Represented Atalaya Capital in the formation of a joint venture with a German partner to acquire and manage a portfolio of maritime assets.°
  • Represented Atalaya Capital in several acquisitions of ocean going cargo vessels to be managed by its maritime asset joint venture.°
  • Represented Noteholders and Lenders in Sun Edison Inc.’s financial restructuring including corporate advice and multiple asset sale transactions.°
  • Represented a U.S. Jones Act Shipping Company in its planned sale to a private equity buyer.°
  • Represented Marathon Asset Management in the sale of a biomass power plant in Northern California to an alternative energy focused private equity fund.°
  • Represented Marathon Asset Management in the sale of a portfolio of intellectual property assets to a specialty IP fund.°
  • Represented Marathon Asset Management in a joint bid for a portfolio of distressed assets in a consortium with two other large alternative asset managers.°
  • Represented Helios Investment Partners, a private equity firm based in London and Africa, in the creation of several co-investment vehicles used in connection with financing multiple acquisitions of telecommunications towers for its portfolio company Helios Towers Plc.°
  • Represented Helios Investment Partners in a proposed acquisition of an infrastructure services business in East Africa.°
  • Represented Fortress Investment Group’s transportation and infrastructure fund in its proposed acquisition of a specialty maritime business from a Scandinavian shipping company.°
  • Represented PanAfrican Investment Co., a growth equity firm backed by Dick Parsons and Ron Lauder in a series of minority equity investments in companies operating in sub-Saharan Africa.°
  • Represented a EW Healthcare Partners (formerly Essex Woodlands), a healthcare growth equity & venture capital firm, in its acquisition of a global biologics business from a U.K.-based multinational medical equipment manufacturing company.°
  • Represented a music publishing and licensing company in its sale of a controlling equity interest to a major Los Angeles-based talent agency.°
  • Represented Mold-Rite Plastics, a manufacturer of plastic packaging components in its sale to Irving Place Capital, a New York-based private equity fund.°
  • Represented Bioventus LLC, a producer of orthobiologic products (portfolio company of EW Healthcare Partners), in its acquisition of certain international assets of a biologics business.°
  • Represented a West African-based insurance company, and selling shareholders, in a sale of a significant minority equity interest to a Moroccan conglomerate.°
  • Represented Patheon Inc., a Canadian pharmaceutical company (portfolio company of JLL Partners) in its acquisition of two manufacturing businesses serving the pharmaceutical industry.°
  • Represented Reuben Brothers, an investment firm based in Switzerland, in its acquisition of the Goldman Sachs Group’s metals warehousing business, Metro International Trade Services.°
  • Represented a retiring founding partner of a more than $6 billion registered investment adviser that advises high-net-worth individuals and families in a recapitalization and equity sale.°
  • Represented a registered investment adviser that provides legal funding and invests in the outcome of lawsuits and settlements, in an investment of up to $100 million by two well-known alternative asset managers.°
  • Represented Goldman Sachs Infrastructure Partners, the Whitehall Real Estate Investment Funds and multiple Goldman Sachs & Company sponsored specialty funds in a wide variety of corporate, M&A and private equity transactions while serving in house as General Counsel to such funds and also served as a Vice President and Assistant General Counsel to Goldman Sachs & Company.°
  • Represented a U.K.-based energy and services company in its purchase of two retail electric providers from a U.S.-based investor-owned electric utility.°
  • Represented a New York-based regional bank in connection with its acquisition of three other New York-area regional banks.°
  • Represented a public utility company in the sale of its joint venture interest in a natural gas pipeline system to a Calgary-based energy company.°
  • Represented an integrated energy company in the sale of a pipeline company to a utility and energy resources company.°
  • Represented the special committee of an energy company in connection with their planned sale of the company to a private equity fund.°
  • Represented a Southeastern U.S.-based power company in connection with the separation of their merchant power business.°
  • Represented a natural gas utilities holding company in the planned sale of their commodities trading business to a U.S.-based investment bank.°
  • Represented a provider of natural gas and electric power services in connection with the planned divestiture of its fossil fuel power plants related to their merger with a major utility company.°
  • Represented an energy services provider in their merger with a multinational electricity and gas utility company.°
  • Represented a public utility holding company in their disposition of a 5100 MW portfolio of electric generation assets.°
  • Represented an electric and gas utility company in the divestiture of their generation assets in a series of asset sale transactions.°

°The above representations were handled by Mr. Rice prior to his joining Greenberg Traurig, LLP.

  • Marine Engineer, CR Cushing & Co., 1993-1997
  • Marine Engineer, Advanced Technology, Inc., 1987-1993
  • Vice President and Assistant General Counsel, Goldman Sachs & Co., 2006-2008

Recognition & Leadership

  • Listed, Legal 500, “M&A Middle-Market,” 2017

Credentials

Education
  • J.D., Fordham University School of Law
  • M.B.A., Finance, George Mason University
  • B.S., U.S. Merchant Marine Academy
Admissions
  • New York