William A.Herzberger (Will)

Partner

Cleveland + 1.216.586.7082

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Will Herzberger has more than 30 years of experience advising clients on complex commercial, industrial, mining, and multifamily real estate transactions. His experience includes real estate finance, real estate assets in bankruptcy/distress business cases, and advising on the structure and formation of entities for real estate-related activities. Will leads the Real Estate Practice in Jones Day's Cleveland Office and is the Cleveland Office coordinator for Pro Bono and Public Service Activities.

Will advised the Cleveland Clinic in connection with its politically charged redevelopment of a regional hospital into a new $35 million Family Health Center. He also advised top level ownership of a national multifamily housing developer to anticipate a future succession of management to the next generation of family ownership. Will's distressed real estate experience includes advising Chrysler LLC with respect to the disposition of real estate assets in bankruptcy; assisting International Steel Group on its acquisitions of bankrupt Acme Steel, Bethlehem Steel, Georgetown Steel, and Weirton Steel; and advising National City Bank on a bulk disposition program of hundreds of foreclosed (real estate owned [REO]) properties. He also has significant experience coordinating real estate aspects of M&A transactions for both strategic and financial purchasers and represents industrial and office facility tenants in leasing transactions.

Will serves as chair of the board of directors for a community-based nonprofit hospice provider, Hospice of the Western Reserve (the sixth largest nonprofit hospice in the United States and largest hospice in Ohio), and serves on the board of an affiliate of The Legal Aid Society of Cleveland.

Experience

  • NioCorp combines with GX Acquisition Corp. IIJones Day advised NioCorp Developments Ltd. (TSX: NB; OTCQX: NIOBF) in its business combination with GX Acquisition Corp. II (Nasdaq: GXII), a publicly-traded special purpose acquisition corporation.
  • EagleTree Capital acquires PRA EventsJones Day represented EagleTree Capital in connection with its acquisition of PRA Events, Inc., a leading business event management firm, from CI Capital Partners.
  • Lamb Weston acquires remaining interest in European joint venture Lamb-Weston/Meijer for €700 millionJones Day advised Lamb Weston Holdings, Inc. in the €700 million acquisition of the remaining equity interests in Lamb-Weston/Meijer v.o.f., its European joint venture with Meijer Frozen Foods B.V.
  • Leading financial services provides $215 million credit facility in connection with strategic acquisition by private-equity sponsor of vertically integrated site access services companyJones Day represented a leading financial services company, as left lead arranger and administrative agent, in a $215 million syndicated senior secured credit facility, consisting of a $150 million term loan and a $65 million revolving credit facility, in connection with a strategic acquisition by a private-equity sponsor of a vertically integrated site access services company.
  • Riverside acquires American Service Company (ASC) and Advanced Fire Protection Systems (AFPS)Jones Day represented The Riverside Company in the acquisition of American Service Company (ASC) and Advanced Fire Protection Systems (AFPS), providers of fire and life safety system services to commercial property owners and building managers across eastern Massachusetts and the greater Baltimore / D.C. area, respectively.
  • Integrated Power Services acquires Southland Electrical GroupJones Day advised Integrated Power Services in its acquisition of Southland Electrical Group, a leading Power Management service provider focused on power distribution equipment and low-voltage motor control systems.
  • Timken acquires American Roller Bearing CompanyJones Day advised The Timken Company, a global industrial leader in engineered bearings and industrial motion products, in its acquisition of the assets of American Roller Bearing Company, a North Carolina-based manufacturer of industrial bearings.
  • Evoqua to merge with Xylem in $7.5 billion all-stock transactionJones Day is advising Evoqua Water Technologies Corp. (NYSE: AQUA) in its $7.5 billion stock-for-stock merger with Xylem Inc. (NYSE: XYL).
  • Cibus combines with CalyxtJones Day is advising Cibus Global, LLC (“Cibus”), a San Diego based leader in precision gene editing in agriculture, in connection with a proposed all-stock merger with Calyxt, Inc. (NASDAQ: CLXT), under which Cibus and Calyxt will create an industry-leading company that combines two pioneers in agriculture-based gene editing and establishes one of the world’s most sophisticated facilities for trait development and plant breeding.
  • Cortec Group sells Harmar and 101 Mobility to The Halifax GroupJones Day advised Cortec Group in the sale of its Harmar/101 Mobility platform to an affiliate of the Halifax Group.
  • Sonepar acquires NEDCO SupplyJones Day represented Sonepar, a global market leader in B-to-B distribution of electrical products, in its acquisition of NEDCO Supply, a full-line distributor of electrical products and services operating throughout southern Nevada.
  • American Pacific Group acquires Media One Digital Imaging, LLCJones Day advised American Pacific Group in the acquisition and financing of Media One Digital Imaging, LLC, a full-service integrator and distributor of digital textile printing solutions.
  • Café Valley acquires Freed’s BakeryJones Day advised Swander Pace Capital in the acquisition and financing by portfolio company Café Valley of certain assets of WB Frozen US, LLC d/b/a Freed's Bakery.
  • TransDigm obtains $1.725 billion tranche H term loan under its credit agreement with Goldman Sachs Bank USA and syndicate of lendersJones Day represented TransDigm Group Incorporated and certain of its subsidiaries in connection with a loan modification and refinancing of its tranche G term loans in the aggregate principal amount of approximately $1.725 billion with Goldman Sachs Bank USA, as administrative agent and collateral for a syndicate of lenders.
  • High Road Capital portfolio company acquires Accu Tech USAJones Day advised High Road Capital Partners in connection with the acquisition and financing by portfolio company John Henry Foster Minnesota, Inc. of Accu Tech USA, known nationally for delivering customizable automation and motion control products, and providing engineering support including application design, selection of products, and project implementation.
  • West Penn Power Company completes $250 million private placement of First Mortgage BondsJones Day represented West Penn Power Company, an electric public utility subsidiary of FirstEnergy Corp., a diversified energy holding company, in connection with its private placement of $250 million aggregate principal amount of its 5.29% First Mortgage Bonds due 2033.
  • LUX Global Label sells company to Multi-Color CorporationJones Day advised LUX Global Label, a leading manufacturer of pressure sensitive labels, shrink sleeves, and security solutions, in its sale to Multi-Color Corporation.
  • Parker Hannifin sells Human Motion and Control Business Unit to Ekso Bionics Holdings, Inc.Jones Day represented Parker Hannifin Corporation in the sale of its Human Motion and Control Business Unit to Ekso Bionics Holdings, Inc. for an aggregate purchase price of $10 million.
  • Alternative investment management firm acquires leading provider of static and electronic outdoor advertising in Commonwealth of Puerto RicoJones Day advised an alternative investment management firm in the acquisition and senior debt financing of a leading provider of static and electronic outdoor advertising in the Commonwealth of Puerto Rico.
  • Accelmed Partners makes $35 million investment in SKNV Inc.Jones Day advised Accelmed Partners in its $35 million investment in SKNV Inc., a full continuum-of-care dermatology digital health company for in-practice dispensing and ecommerce of customized prescriptions and skincare.
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    January 2012 Commentary

    The Rush Is On: How the Oil and Gas Boom in Ohio May Affect Your Rights as a Landowner—and What You Can Do to Protect Yourself

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