Parker Hannifin’s $3.67 Billion Acquisition of LORD Corporation
April 29, 2019
On April 29, 2019, Parker Hannifin Corporation, a global leader in motion and control technologies, announced that it has entered into a definitive agreement to acquire LORD Corporation, a diversified technology and manufacturing company offering an array of advanced adhesives, coatings and specialty materials as well as vibration and motion control technologies, for approximately $3.675 billion in cash. Cravath is representing Parker Hannifin in connection with the transaction.
The Cravath team is led by partner George F. Schoen and includes associates Matthew L. Ploszek, Nathan H. Trunnell and Timothy H. Chang on M&A matters; partners Michael S. Goldman and Nicholas A. Dorsey and associates Saagar Kaul and Emily C. Weiss on financing matters; partner Christopher K. Fargo and associates Kiran Sheffrin and Cecily Xi on tax matters; partner Eric W. Hilfers and associate Sarah W. Colangelo on executive compensation and benefits matters; partner Matthew Morreale on environmental matters; practice area attorney Anthony N. Magistrale on intellectual property matters; and practice area attorney Brian M. Budnick on real estate matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 1998, University of Chicago Law Schoolwith Honors
-
B.A., 1994, Cornell University
- New York
Education
Admitted In
- Photo
-
-
J.D., 2009, Cornell Law SchoolOrder of the Coif, summa cum laude
-
M.Acc., 2006, Case Western Reserve Universitysumma cum laude
-
B.S., 2006, Case Western Reserve Universitysumma cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 2006, Columbia Law SchoolHarlan Fiske Stone; Michael Lynne Scholar
-
B.A., 2003, Boston CollegeHonors Program, cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 1998, University of Chicago Law Schoolwith Honors
-
A.B., 1995, Princeton University
- New York
Education
Admitted In
- Photo
-
-
J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.S., 1994, University of Pennsylvania
-
B.A., 1990, University of Pennsylvania
-
B.A.S., 1990, University of Pennsylvania
- New York
Education
Admitted In
- Photo
-
-
J.D., 2014, Georgetown University Law CenterOrder of the Coif, magna cum laude
-
B.A., 2007, Duke UniversityPhi Beta Kappa, summa cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 2011, Benjamin N. Cardozo School of Lawcum laude
-
B.A., 2006, University of Virginia
- New York
Education
Admitted In
- Photo
-
-
J.D., 1987, Fordham University School of Lawcum laude
-
B.A., 1984, University of Pennsylvaniacum laude
Education
Related News & Insights
Deals & Cases
August 15, 2025
Fitch Learning’s Acquisition of Moody’s Analytics Learning Solutions and the Canadian Securities Institute
On August 14, 2025, Fitch Learning, a global leader in financial learning and professional certifications, announced it signed an agreement with Moody’s to acquire two of their businesses, Moody’s Analytics Learning Solutions, a global provider of credit training, and the Canadian Securities Institute, a leading provider of professional certifications for the Canadian financial services industry. Cravath is representing Fitch Learning in connection with the transaction.
Deals & Cases
August 11, 2025
Intermex’s Acquisition by Western Union
On August 10, 2025, International Money Express, Inc. (“Intermex”) and The Western Union Company (“Western Union”) announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all‑cash transaction at $16.00 per share, representing a total equity and enterprise value of approximately $500 million. Cravath is representing Intermex’s Strategic Alternatives Committee in connection with the transaction.
Deals & Cases
May 28, 2025
rhode’s $1 Billion Acquisition by e.l.f. Beauty
On May 28, 2025, rhode, a fast‑growing, multi‑category lifestyle beauty brand founded by Hailey Bieber, and e.l.f. Beauty announced they have signed a definitive agreement for e.l.f. Beauty to acquire rhode. The $1 billion deal is comprised of $800 million of consideration payable at closing in a combination of cash and stock, subject to customary adjustments, and an additional potential earnout consideration of $200 million based on the future growth of the brand over a three‑year timeframe. Hailey Bieber will continue her role as Founder and additionally serve as rhode’s Chief Creative Officer and Head of Innovation, overseeing creative, product innovation and marketing. She will also act as a Strategic Advisor to the combined companies. Cravath is representing Hailey Bieber in connection with the transaction.
Deals & Cases
May 26, 2025
WiseTech Global’s $2.1 Billion Acquisition of e2open
On May 25, 2025, WiseTech Global, developer of leading logistics execution software CargoWise, announced it has entered into a binding agreement to acquire E2open Parent Holdings, Inc. (“e2open”), a U.S.‑based leading provider of SaaS solutions in the global logistics value chain, for $3.30 per share in cash equating to an enterprise value of $2.1 billion. Cravath is representing WiseTech Global in connection with the transaction.
