Mahoney, Paul M.

Paul M. Mahoney Jr.


Partner

 

Overview

Paul Mahoney, a member of the Firm’s Private Equity & Venture Capital Practice Group, represents middle and lower middle market private equity funds and portfolio companies in their varied investment activities and strategic transactions, with an emphasis on mergers and acquisitions.

After his private equity client’s acquisition, Paul advises the portfolio company on its strategic priorities, including add-on acquisitions and dispositions, structuring management equity and other incentives, corporate governance matters, debt and equity recapitalizations and restructurings, and the company’s ultimate sale to a strategic or financial acquiror.

Paul’s involvement in the full lifecycle of a private equity investment affords him the perspective to appreciate the various constituents’ concerns and priorities when planning and implementing a client’s strategies. This allows him to anticipate issues and craft creative and cost-effective solutions.

Representative Experience

  • Represented Nautic Partners and its portfolio company Healthcare Payment Specialists (HPS), a leader in helping healthcare providers optimize Medicare reimbursement, in the sale of HPS to TransUnion Healthcare Holdings, Inc., a subsidiary of TransUnion (NYSE: TRU)
  • Advised Nautic Partners and its portfolio company Family Physicians Group (FPG), one of the largest at-risk primary care providers serving Medicare Advantage and Managed Medicaid HMO patients in Greater Orlando, Florida, in the sale of FPG to Humana Inc. (NYSE: HUM)
  • Counseled Nautic Partners and its portfolio company Community Medical Group (CMG), a leading at-risk primary care provider serving over 70,000 Medicaid, Medicare Advantage, and Health Insurance Marketplace program patients in Miami-Dade County, Florida, in the sale of CMG to Centene Corporation (NYSE: CNC)
  • Counseled Silver Oak Services Partners in its sale of The Tranzonic Companies, a value-added supplier of consumable maintenance, cleaning, safety and hygiene products to commercial and industrial end markets, to PNC Riverarch Capital
  • Advised Nautic Partners in its formation of Healthy Eyes Advantage through the acquisition of four businesses that collectively provide purchasing services and management support to more than 10,000 independent eye care professionals, creating the largest alliance of eye care professionals in the country
  • Represented Silver Oak Services Partners in its recapitalization, in partnership with management and co-investors, of Brilliant Staffing, a leading provider of temporary and permanent finance, accounting and IT professionals to the Greater Chicago and South Florida markets
  • Advised Silver Oak Services Partners in its sale of Construction Labor Contractors, a leading provider of temporary staffing of skilled tradesmen for the commercial construction market, to Tradesmen International, a portfolio company of private equity funds managed by Blackstone Capital Partners
  • Counseled OrionCKB, a Boston-area agency focused on helping clients scale their advertising on social media, in its sale to digital marketing agency Elite SEM, a portfolio company of Denver-based Mountaingate Capital
  • Served as legal advisor to Superior Vision Corporation, a comprehensive eye care company, in its sale by funds affiliated with Nautic Partners, LLC to affiliated funds of Centerbridge Partners, L.P.
  • Counseled Silver Oak Services Partners in its recapitalization, in partnership with Company management, of Legacy Farms, a leading fresh vegetable and fruit grower, shipper, and wholesaler to grocers and foodservice providers in the Western United States
  • Counseled Nautic Partners in its recapitalization, in partnership with Company management, of ExactCare Pharmacy, a leading pharmacy focused on improving medication adherence for patients with chronic conditions and on multiple medications
  • Represented Silver Oak Services Partners in its sale of Accent Food Services, an Austin, Texas-based distributor of fresh food, snacks and break room refreshment services, to Audax Private Equity, having counseled Accent in 16 add-on acquisitions under Silver Oak’s ownership
  • Advised Nautic Partners in its acquisition of Community Medical Group, an operator of healthcare centers in Florida that provide Medicaid and Medicare services, offering primary and specialist care as well as diagnostic testing and laboratory services, from private equity firm Pine Tree Equity Partners and co-investors
  • Represented Silver Oak Services Partners in its sale of National Distribution & Contracting, Inc. (NDC), a leading healthcare supply chain company and distributor of consumable medical supplies, to private equity firm Court Square Capital Partners
  • Represented Genoa, a QoL Healthcare Company, a Nautic Partners portfolio company that is the leading behavioral health specialty pharmacy company in the U.S., in a strategic investment from Advent International
  • Advised The Tranzonic Companies (“Tranzonic”), a portfolio company of Silver Oak Services Partners, in its acquisition of Adenna, LLC, a leading supplier of hand protection and related healthcare products to customers operating across an array of end markets in the U.S. and internationally
  • Represented Oasis Outsourcing, a West Palm Beach, Florida-based portfolio company of Nautic Partners and Altaris Capital Partners and the largest professional employer organization (PEO) in the United States, in its sale to Stone Point Capital
  • Advised Nautic Partners and portfolio company QoL meds in its combination with Genoa Healthcare, creating the nation’s market leading behavioral health specialty pharmacy company that will do business as Genoa, a QoL Healthcare Company
  • Represented Silver Oak Services Partners in its recapitalization of Construction Labor Contractors, a Richfield, Ohio-based leading provider of temporary staffing of skilled tradesmen for the commercial construction market, in partnership with the founder and management
  • Represented Nautic Partners in its acquisition, in partnership with management, of QoL meds, a Pittsburgh-based specialty pharmacy serving the mental health community
  • Counseled Nautic Partners and its portfolio company Superior Vision in the acquisition of Block Vision, creating a combined company that provides vision benefit plans to more than 8.5 million members nationwide
  • Represented private equity firm client Silver Oak Services Partners in its leveraged acquisition of The Tranzonic Companies, a Cleveland, Ohio-based distributor of disposable maintenance, cleaning and safety products to the “away-from-home” marketplace, from Linsalata Capital Partners and a number of bank shareholders
  • Represented American Partners Inc., a Rhode Island-based staffing firm specializing in information technology professionals, in its sale to BG Staffing, a private equity-backed staffing company headquartered in Dallas
  • Represented client Lilliputian Systems, Inc., a developer of portable power products for consumer electronics, in completing a venture financing led by RUSNANO, a Russian government-owned investor in nanotechnology projects, and existing investors, including Altira Group, Intel Capital, Kleiner Perkins, Stata Venture Partners and Atlas Venture
  • Advised Nautic Partners in its leveraged acquisition of Superior Vision Holdings, Inc., a California-based provider of vision insurance coverage
  • Counseled Silver Oak Services Partners in its leveraged acquisition, in conjunction with management and co-investors, of Altura Communication Solutions, a leading provider of voice and data communications solutions and associated maintenance services
  • Advised Nautic Partners in its sale of Fibertech Networks, a leading regional provider of fiber optic bandwidth services, to Court Square Capital Partners
  • Represented Nautic Partners in its co-investment with The Jordan Company in Milestone Aviation Group Limited, the first global specialty finance company focused exclusively on the helicopter and private jet markets
  • Counseled Schooner Capital in its growth equity investment in Seventh Generation, Inc., the preeminent consumer brand in North America of authentic, safe and environmentally responsible products for the home
  • Advised Gilbane Building Company in its acquisition of Innovative Technical Solutions, Inc., a California-based provider of building, infrastructure and environmental services to the U.S. federal government, including the Department of Defense, Environmental Protection Agency and Department of Energy
  • Advised Nautic Partners in its recapitalization of Healthcare Payment Specialists (HPS), a provider of payment and reimbursement solutions to hospitals and other healthcare systems, in partnership with HPS management
  • Counseled Silver Oak Services Partners in its leveraged recapitalization of Nashville, Tennessee-based National Distribution & Contracting, Inc. (NDC), a master distributor of medical, dental and veterinary supplies, in partnership with management, certain existing NDC stockholders, and co-investors
  • Represented Lilliputian Systems, Inc., a developer of energy efficient batteries for cell phones and other portable consumer electronics, in a $28 million venture capital financing with Altira Group, Stata Venture Partners and the Company's current investors
  • Counseled Silver Oak Services Partners in its acquisition of Accent Food Services, an Austin-based provider of vending, coffee and break room refreshment services
  • Advised Seaport Capital in its leveraged acquisition of American Internet Services, Inc., a San Diego-based provider of data center co-location services
  • Represented Nautic Partners in its leveraged acquisition of American Imaging Management, Inc. (AIM), a radiology benefit management and technology company, and advised Nautic and AIM in the Company's sale to WellPoint, Inc. (NYSE: WLP), the nation's largest health benefits company in terms of commercial membership, for approximately $300 million
  • Represented Nautic Partners and Genstar Capital in the formation and funding of Axia Health Management, LLC, a provider of preventive health and wellness programs to insurance companies and employers, and the Company and its private equity investors in Axia's five acquisitions and eventual sale to Healthways, Inc., a public company, for $450 million

Professional History

  • Member, Locke Lord Executive Committee

Professional Affiliations and Recognitions

  • Member, American Bar Association
  • Member, Association for Corporate Growth, Boston Chapter
  • Member, Dartmouth Club of Rhode Island
  • Member, Massachusetts Bar Association
  • Member, Rhode Island Bar Association
  • Named, The Best Lawyers in America 2015-2019, Corporate Law, Mergers and Acquisitions Law
  • Named, "Lawyer of the Year" 2017 by the Best Lawyers in America in the area of Mergers and Acquisitions Law