Spencer A.G. Curtis

Insurance Transactions

• MDAdvantage, a New Jersey–based medical professional liability insurance company, in its sale to Mag Mutual Insurance
• Aspen Insurance in the sale of its US and UK surety operations to Amynta Group
• GoodWorks Insurance in the sale of Goodworks Financial Group to Assured Partners
• The board of directors of NORCAL Mutual Insurance Co., a provider of medical professional liability insurance and risk management solutions to physicians, medical groups, hospitals, clinics, and allied healthcare, in its $450 million sale to ProAssurance Corp.
• Aspen Insurance Holdings Ltd. in the $68.4 million sale of AgriLogic Insurance Services, a company that provides crop insurance, risk management, and grain marketing expertise, to CGB Diversified Services, Inc.
• Tokio Marine Kiln Group in its acquisition of WNC Holding Co., a holding company for insurance service providers
• Oregon Insurance Department in connection with its review and approval of a joint venture between Moda Health Plan and Delta Dental of California, wherein Delta invested $152 million of new equity capital for a 49.5% interest in Moda Health Plan’s parent company
• Aspen Insurance Holdings in its acquisition of AgriLogic Insurance Services
• Bermuda-based insurance runoff company Randall & Quilter Investment Holdings Ltd. in its acquisition of United States Sports Insurance Co. LLC, a Washington, DC–domiciled captive insurance company wholly owned by USA Swimming Inc.
• A group of lenders, led by Apollo Global Management and Brigade Capital Management, in connection with the restructuring of certain indebtedness of Medical Card System Inc., one of the largest managed care organizations in Puerto Rico
• Babson Capital Management LLC as investment adviser for certain lenders in connection with mezzanine financing transactions
• Guy Carpenter & Company LLC in several of its strategic acquisitions
• Representation and warranty insurance providers in support of their transaction risk underwriting processes

Energy & Infrastructure Transactions

• HQI US Holding LLC, a subsidiary of Hydro-Québec, in its approximately $2 billion acquisition of Great River Hydro LLC, the owner of 13 hydropower-generating stations in New England, from an affiliate of ArcLight Capital Partners LLC
• Energy Capital Partners in its approximately $410 million acquisition from Orsted of a 50% interest in a portfolio of wind and solar farms
• American Electric Power Company Inc. in its $2.846 billion sale of Kentucky Power Company and AEP Kentucky Transmission Company Inc. to Liberty Utilities Co., a subsidiary of Algonquin Power & Utilities Corp.
• Summit Utilities Inc. in its $2.15 billion acquisition of the Arkansas and Oklahoma gas distribution utility businesses of CenterPoint Energy, Inc.

Other Representations

• Penske Media Corp. in its investment in SXSW LLC
• DentalOne Partners in its sale to Mid-Atlantic Dental Partners
• The investment arm of a large department store chain in its cross-border investment in a downstream payment processor
• Court Square Capital Partners in connection with the $735 million sale of Vestcom International Inc., a leading in-store marketing firm, to an affiliate of Charlesbank Capital Partners
• Vestcom International Inc., a portfolio company owned by Court Square Capital Partners, in its acquisition of Information Planning & Management Service Inc. d/b/a EJ Caimen, a Virginia-based provider of innovative shelf-edge products and services to retailers throughout the United States
• An affiliate of Court Square Capital Partners in connection with the sale of its offset printing assets
• Hitachi Metals America in its acquisition of HTP-Meds LLC and Hi-Tech Machine and Fabrication LLC, two medical equipment component manufacturers based in Rhode Island