Peter R. Herman is a partner in the Firm’s Corporate and Securities Practice Group, and advises clients on a broad array of corporate transactions including securities offerings, mergers and acquisitions, joint ventures and start-ups.
Mr. Herman has represented both public companies and underwriters in public offerings of debt and equity securities, including large initial public offerings and private placements. Mr. Herman also has extensive experience advising insurance and reinsurance companies, including having worked on some of the largest insurance company IPO’s.
In the mergers and acquisitions arena, Mr. Herman has represented both buyers and sellers in public and private transactions. Such transactions have included mergers, stock purchases and asset purchases in both domestic and cross-border transactions.
Mr. Herman is routinely involved with the formation, organization, and governance of corporations, partnerships, and limited liability companies, including the structuring and financing of start-up companies. Mr. Herman also provides general representation to public companies with respect to regulatory compliance under securities laws and marketplace rules.
While in law school, Mr. Herman was a member and contributing editor of the University of Michigan Law Review.
- Represented a NYSE-listed company in the acquisition of a leading manufacturer and distributor of air purifiers, humidifiers, heaters and fans for approximately $600 million in cash and common stock.
- Represented a NYSE-listed company in the $70 million acquisition of a leading manufacturer of premium, air-filled bedding products.
- Represented a public company single-source provider of customized business research in its sale by merger.
- Represented a public company in connection with its public offering of $275 million and 150 million euros of senior subordinated notes.
- Represented a NYSE-listed company in its public offering of $200 million of common stock.
- Represented a leading provider of gaming products in its minority investment of up to $15 million in a gaming technology startup company.
- Represented a consumer network start-up company in its Series A financing of approximately $5 million.
- Represented affiliated companies in their sale to an Employee Stock Ownership Plan (ESOP) for an aggregate purchase price of $32.5 million, including the related leveraged financing transactions.