Four Decades for Justice
Sarah W.
Colangelo
Of Counsel, Executive Compensation and Benefits
Sarah W. Colangelo focuses her practice on executive compensation and employee benefit matters, principally in connection with mergers and acquisitions, securities offerings and other corporate transactions.
Ms. Colangelo’s notable transactions include representing:
- AerCap in its $30 billion acquisition of GE Capital Aviation Services;
- Northrop Grumman in the $3.4 billion sale of its federal IT and mission support business to Veritas Capital;
- The special committee of the board of Eidos Therapeutics in its $2.83 billion merger with BridgeBio Pharma;
- Bharti in the acquisition of, and $1 billion investment in, OneWeb by a consortium led by Bharti and Her Majesty’s Government;
- Disney in Endemol Shine’s acquisition by Banijay Group;
- Parker Hannifin in its $3.7 billion acquisition of LORD;
- Occidental Petroleum in its $57 billion acquisition of Anadarko, topping Anadarko’s original agreement with Chevron;
- Time Warner in its $109 billion sale to AT&T;
- Johnson & Johnson in its $30 billion acquisition of Actelion;
- Technicolor in the $475 million sale of its Patent Licensing business and the sale of its Research & Innovation activity to InterDigital;
- CommScope in its $1 billion investment from The Carlyle Group as part of CommScope’s $7.4 billion acquisition of ARRIS;
- AveXis in its $8.7 billion acquisition by Novartis;
- Montpelier Re Holdings in its sale to Endurance Specialty Holdings; and
- Sapient in its $3.7 billion acquisition by Publicis.
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was elected of counsel in 2023.
Ms. Colangelo’s notable transactions include representing:
- AerCap in its $30 billion acquisition of GE Capital Aviation Services;
- Northrop Grumman in the $3.4 billion sale of its federal IT and mission support business to Veritas Capital;
- The special committee of the board of Eidos Therapeutics in its $2.83 billion merger with BridgeBio Pharma;
- Bharti in the acquisition of, and $1 billion investment in, OneWeb by a consortium led by Bharti and Her Majesty’s Government;
- Disney in Endemol Shine’s acquisition by Banijay Group;
- Parker Hannifin in its $3.7 billion acquisition of LORD;
- Occidental Petroleum in its $57 billion acquisition of Anadarko, topping Anadarko’s original agreement with Chevron;
- Time Warner in its $109 billion sale to AT&T;
- Johnson & Johnson in its $30 billion acquisition of Actelion;
- Technicolor in the $475 million sale of its Patent Licensing business and the sale of its Research & Innovation activity to InterDigital;
- CommScope in its $1 billion investment from The Carlyle Group as part of CommScope’s $7.4 billion acquisition of ARRIS;
- AveXis in its $8.7 billion acquisition by Novartis;
- Montpelier Re Holdings in its sale to Endurance Specialty Holdings; and
- Sapient in its $3.7 billion acquisition by Publicis.
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was elected of counsel in 2023.
Education
-
J.D., 2014, Georgetown University Law CenterOrder of the Coif, magna cum laude
-
B.A., 2007, Duke UniversityPhi Beta Kappa, summa cum laude
Admitted In
- New York
Deals & Cases
November 21, 2023
Martin Marietta’s $2.1 Billion Sale of its South Texas Cement and Related Concrete Operations to CRH plc
On November 21, 2023, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that it has entered into a definitive agreement to sell its South Texas cement business and certain of its related concrete operations to CRH Americas Materials, Inc., a subsidiary of CRH plc, for $2.1 billion in cash. Cravath is representing Martin Marietta in connection with the transaction.
Deals & Cases
October 16, 2023
Vista Outdoor’s $1.91 Billion Sale of its Sporting Products Business to CSG
On October 16, 2023, Vista Outdoor Inc. (“Vista Outdoor”), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, announced a definitive agreement to sell its Sporting Products business to Czechoslovak Group a.s. (“CSG”), a leading industrial technology holding company, for an enterprise value of $1.91 billion in an all-cash transaction. This transaction represents the next step in Vista Outdoor’s plan to split the company into separate entities. Cravath is representing Vista Outdoor in connection with the transaction.
Deals & Cases
September 14, 2023
Bacardi’s Acquisition of ILEGAL Mezcal
On September 11, 2023, Bacardi Limited (“Bacardi”), the largest privately held international spirits company in the world, announced the completion of a transaction that makes the family‑owned company the sole owner of ILEGAL Mezcal®, a leading super premium artisanal mezcal. Cravath is representing Bacardi in connection with the transaction.
Deals & Cases
May 17, 2023
IBM’s Acquisition of Polar Security
On May 16, 2023, IBM announced it has acquired Polar Security, an innovator in technology that helps companies discover, continuously monitor and secure cloud and software‑as‑a‑service (SaaS) application data. Cravath is representing IBM in connection with the transaction.
Deals & Cases
April 27, 2023
Deutsche Börse AG’s €3.9 Billion Recommended Takeover Offer for SimCorp A/S
On April 27, 2023, Deutsche Börse AG, an international exchange organization and market infrastructure provider, and SimCorp A/S, which offers a front‑to‑back investment management platform and ecosystem used by asset owners and managers, entered into a binding agreement pursuant to which Deutsche Börse AG will make an all cash voluntary recommended public takeover offer to acquire all the shares (except treasury shares) in SimCorp A/S at a price of DKK 735.0 per share, adjusted for any dividends or other distributions paid by SimCorp A/S prior to completion of the offer, valuing the entire issued capital of SimCorp A/S at €3.9 billion. In parallel to the takeover of SimCorp A/S, Deutsche Börse AG intends to combine its existing data & analytics subsidiaries Qontigo and ISS under one leadership. Upon completion of the offer, the intended combination of Qontigo/ISS and SimCorp A/S will be grouped within a newly created Investment Management Solutions segment. Cravath is representing Deutsche Börse AG as U.S. counsel in connection with the transactions.
Firm News
June 15, 2023
Cravath Announces New Of Counsels and Senior Attorneys
On June 15, 2023, Sarah W. Colangelo, Rebecca J. Schindel and Kiran Sheffrin have become of counsels and Aaron S. Cha and Arian Mossanenzadeh have become senior attorneys of the Firm.
Activities & Publications
September 06, 2022
SEC’s New Pay Versus Performance Disclosure Rule
On September 6, 2022, Cravath distributed a memo for its clients and other stakeholders entitled “SEC’s New Pay Versus Performance Disclosure Rule: Important Things To Know,” which summarizes the background and key features of the SEC’s recently adopted rule to implement the “pay versus performance” disclosure requirements of the Dodd‑Frank Wall Street Reform and Consumer Protection Act of 2010. The memo describes the background and substance of the rule, including newly required compensation calculations, and recommends companies begin working with advisors promptly to prepare for this disclosure.
Accolades
February 10, 2022
Cravath Announces New Senior Attorneys
On December 14, 2021, Cravath elected Sarah W. Colangelo, William D. Podurgiel and Zachary R. Smith as senior attorneys of the Firm.
Sarah W. Colangelo focuses her practice on executive compensation and employee benefit matters, principally in connection with mergers and acquisitions, securities offerings and other corporate transactions.
Ms. Colangelo’s notable transactions include representing:
- AerCap in its $30 billion acquisition of GE Capital Aviation Services;
- Northrop Grumman in the $3.4 billion sale of its federal IT and mission support business to Veritas Capital;
- The special committee of the board of Eidos Therapeutics in its $2.83 billion merger with BridgeBio Pharma;
- Bharti in the acquisition of, and $1 billion investment in, OneWeb by a consortium led by Bharti and Her Majesty’s Government;
- Disney in Endemol Shine’s acquisition by Banijay Group;
- Parker Hannifin in its $3.7 billion acquisition of LORD;
- Occidental Petroleum in its $57 billion acquisition of Anadarko, topping Anadarko’s original agreement with Chevron;
- Time Warner in its $109 billion sale to AT&T;
- Johnson & Johnson in its $30 billion acquisition of Actelion;
- Technicolor in the $475 million sale of its Patent Licensing business and the sale of its Research & Innovation activity to InterDigital;
- CommScope in its $1 billion investment from The Carlyle Group as part of CommScope’s $7.4 billion acquisition of ARRIS;
- AveXis in its $8.7 billion acquisition by Novartis;
- Montpelier Re Holdings in its sale to Endurance Specialty Holdings; and
- Sapient in its $3.7 billion acquisition by Publicis.
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was elected of counsel in 2023.
Ms. Colangelo’s notable transactions include representing:
- AerCap in its $30 billion acquisition of GE Capital Aviation Services;
- Northrop Grumman in the $3.4 billion sale of its federal IT and mission support business to Veritas Capital;
- The special committee of the board of Eidos Therapeutics in its $2.83 billion merger with BridgeBio Pharma;
- Bharti in the acquisition of, and $1 billion investment in, OneWeb by a consortium led by Bharti and Her Majesty’s Government;
- Disney in Endemol Shine’s acquisition by Banijay Group;
- Parker Hannifin in its $3.7 billion acquisition of LORD;
- Occidental Petroleum in its $57 billion acquisition of Anadarko, topping Anadarko’s original agreement with Chevron;
- Time Warner in its $109 billion sale to AT&T;
- Johnson & Johnson in its $30 billion acquisition of Actelion;
- Technicolor in the $475 million sale of its Patent Licensing business and the sale of its Research & Innovation activity to InterDigital;
- CommScope in its $1 billion investment from The Carlyle Group as part of CommScope’s $7.4 billion acquisition of ARRIS;
- AveXis in its $8.7 billion acquisition by Novartis;
- Montpelier Re Holdings in its sale to Endurance Specialty Holdings; and
- Sapient in its $3.7 billion acquisition by Publicis.
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was elected of counsel in 2023.
Education
-
J.D., 2014, Georgetown University Law CenterOrder of the Coif, magna cum laude
-
B.A., 2007, Duke UniversityPhi Beta Kappa, summa cum laude
Admitted In
- New York
Deals & Cases
November 21, 2023
Martin Marietta’s $2.1 Billion Sale of its South Texas Cement and Related Concrete Operations to CRH plc
On November 21, 2023, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that it has entered into a definitive agreement to sell its South Texas cement business and certain of its related concrete operations to CRH Americas Materials, Inc., a subsidiary of CRH plc, for $2.1 billion in cash. Cravath is representing Martin Marietta in connection with the transaction.
Deals & Cases
October 16, 2023
Vista Outdoor’s $1.91 Billion Sale of its Sporting Products Business to CSG
On October 16, 2023, Vista Outdoor Inc. (“Vista Outdoor”), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, announced a definitive agreement to sell its Sporting Products business to Czechoslovak Group a.s. (“CSG”), a leading industrial technology holding company, for an enterprise value of $1.91 billion in an all-cash transaction. This transaction represents the next step in Vista Outdoor’s plan to split the company into separate entities. Cravath is representing Vista Outdoor in connection with the transaction.
Deals & Cases
September 14, 2023
Bacardi’s Acquisition of ILEGAL Mezcal
On September 11, 2023, Bacardi Limited (“Bacardi”), the largest privately held international spirits company in the world, announced the completion of a transaction that makes the family‑owned company the sole owner of ILEGAL Mezcal®, a leading super premium artisanal mezcal. Cravath is representing Bacardi in connection with the transaction.
Deals & Cases
May 17, 2023
IBM’s Acquisition of Polar Security
On May 16, 2023, IBM announced it has acquired Polar Security, an innovator in technology that helps companies discover, continuously monitor and secure cloud and software‑as‑a‑service (SaaS) application data. Cravath is representing IBM in connection with the transaction.
Deals & Cases
April 27, 2023
Deutsche Börse AG’s €3.9 Billion Recommended Takeover Offer for SimCorp A/S
On April 27, 2023, Deutsche Börse AG, an international exchange organization and market infrastructure provider, and SimCorp A/S, which offers a front‑to‑back investment management platform and ecosystem used by asset owners and managers, entered into a binding agreement pursuant to which Deutsche Börse AG will make an all cash voluntary recommended public takeover offer to acquire all the shares (except treasury shares) in SimCorp A/S at a price of DKK 735.0 per share, adjusted for any dividends or other distributions paid by SimCorp A/S prior to completion of the offer, valuing the entire issued capital of SimCorp A/S at €3.9 billion. In parallel to the takeover of SimCorp A/S, Deutsche Börse AG intends to combine its existing data & analytics subsidiaries Qontigo and ISS under one leadership. Upon completion of the offer, the intended combination of Qontigo/ISS and SimCorp A/S will be grouped within a newly created Investment Management Solutions segment. Cravath is representing Deutsche Börse AG as U.S. counsel in connection with the transactions.
Firm News
June 15, 2023
Cravath Announces New Of Counsels and Senior Attorneys
On June 15, 2023, Sarah W. Colangelo, Rebecca J. Schindel and Kiran Sheffrin have become of counsels and Aaron S. Cha and Arian Mossanenzadeh have become senior attorneys of the Firm.
Activities & Publications
September 06, 2022
SEC’s New Pay Versus Performance Disclosure Rule
On September 6, 2022, Cravath distributed a memo for its clients and other stakeholders entitled “SEC’s New Pay Versus Performance Disclosure Rule: Important Things To Know,” which summarizes the background and key features of the SEC’s recently adopted rule to implement the “pay versus performance” disclosure requirements of the Dodd‑Frank Wall Street Reform and Consumer Protection Act of 2010. The memo describes the background and substance of the rule, including newly required compensation calculations, and recommends companies begin working with advisors promptly to prepare for this disclosure.
Accolades
February 10, 2022
Cravath Announces New Senior Attorneys
On December 14, 2021, Cravath elected Sarah W. Colangelo, William D. Podurgiel and Zachary R. Smith as senior attorneys of the Firm.
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