Amy L. Arndt

Mergers and Acquisitions

• Led the Ballard Spahr team representing RESPEC in its acquisition of PDC Engineers, which combined two employee-owned engineering companies to create an organization with more than $80 million in revenue and 450 professionals across the United States and Canada.
• Led the Ballard Spahr team representing Cimarron Label and Western Printing in their acquisition by Inovar Packaging Group, adding the South Dakota-based businesses as Inovar’s eighth platform company.
• Guided an ESOP-owned engineering and consulting company through multiple strategic acquisitions of employee-owned businesses and their subsequent integration into the client’s ESOP structure.
• Represented a leading global supplier of components for the awards, promotional products, and gifts industries in its acquisition of a New Jersey corporation, expanding the client’s capabilities and market share.
• Counseled a medical device company on a distressed-asset acquisition, the restructuring of the assets into a newly formed company, and a private placement to fund de novo regulatory approval and operations.
• Served on the Ballard Spahr team representing Aristotle Capital Management in its acquisition of Pacific Asset Management from Pacific Life Insurance Company, adding approximately $22 billion in assets under management and more than 50 professionals to Aristotle’s organization.

Corporate Restructurings, ESOPs, and Ownership Transactions

• Structured a multifaceted ownership recapitalization and shareholder redemption for a leading global supplier of components for the awards, promotional products, and gifts industries. The transaction combined an equity distribution; the issuance of senior, mezzanine, and structured notes; and additional capital markets financing. It also involved consolidating wholly owned subsidiaries and completing a sale-leaseback of real estate held by affiliated entities.
• Represented a member of a privately held development and investment company in adversarial negotiations and related court proceedings to enforce the redemption of the client’s interests. The resolution included a recapitalization, restructuring of the company’s ownership, and redemption of the client’s membership interests.
• Advises ESOP-owned businesses and companies pursuing employee ownership on organizational restructurings, ownership transitions, strategic acquisitions, and the integration of acquired businesses into existing ESOP structures.

Private Equity, Fund Formation, and Capital Markets

• Advised on the formation and capitalization of a private equity investment platform established to support businesses throughout the U.S. in connection with acquisitions and divestitures, ESOP transactions, and capital restructurings. The associated private placement raised more than $100 million in equity for investments in portfolio companies.
• Advised on the formation of a small business investment company fund targeting between $35 million and $75 million in commitments. The fund was designed to invest subordinated debt and equity capital in growth-stage software, distribution, and niche manufacturing companies throughout the upper Midwest.
• Advised on the formation of a South Dakota-focused private equity fund seeking between $12.5 million and $50 million in commitments. The fund’s investment strategy encompasses early-stage and growth equity investments, ownership transitions, recapitalizations, and acquisitions across industry sectors.