William A.Herzberger (Will)

Partner

Cleveland + 1.216.586.7082

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

  • Global internet infrastructure provider acquires 9 data centersJones Day advised a global internet infrastructure provider in the acquisition of 9 data centers, including colocation and related network services.
  • Parker divests its Aircraft Wheel and Brake divisionJones Day advised Parker-Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, in the divestiture of its Aircraft Wheel and Brake Division, located in Avon, Ohio, to Kaman Corporation (NYSE: KAMN) for $440 million.
  • Parker Hannifin's recommended all cash acquisition of Meggitt PLCJones Day acted as U.S. counsel to Parker Hannifin Corporation in the £6.3 billion acquisition of Meggitt plc, a leading international company headquartered in Coventry, United Kingdom, specializing in high performance components and subsystems for the aerospace, defense and selected energy markets.
  • Riverside portfolio company acquires Jupiter Life Science Consulting (Jupiter)Jones Day advised The Riverside Company in connection with the acquisition and financing by portfolio company Red Nucleus of Jupiter Life Science Consulting (Jupiter), a leading provider of commercial and market access strategies for global pharma, biotech, and medical device companies with its primary focus in rare disease, hematology/oncology, metabolic, and neurology therapeutic areas.
  • EagleTree Capital acquires MacKenzie-Childs from Castanea PartnersJones Day advised EagleTree Capital in the acquisition and financing of MacKenzie-Childs, the artisan-driven American heritage home decor brand, from Castanea Partners.
  • Timken acquires GGB Bearing Technology for $305 millionJones Day is advising The Timken Company in the $305 million acquisition of GGB Bearing Technology (GGB), a division of Enpro, Industries (including exclusive negotiations with respect to the French operations of GGB).
  • Avient acquires DSM Protective Materials businessJones Day advised Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, in the $1.485 billion acquisition and financing of Koninklijke DSM N.V.’s protective materials business, a leading specialty engineered materials business built around the invention of Dyneema®, the world’s strongest fiber.
  • Avient divests distribution business to H.I.G. CapitalJones Day is advising Avient Corporation in the $950 million sale of its Distribution business to an affiliate of H.I.G. Capital.
  • Nordson Corporation acquires CyberOptics CorporationJones Day is advising Nordson Corporation in the acquisition of CyberOptics Corporation, a leading global developer and manufacturer of high-precision 3D optical sensing technology solutions.
  • American Pacific Group acquires Concisys, Inc.Jones Day advised American Pacific Group, a San Francisco Bay Area-based private equity firm, in the acquisition of Concisys, Inc., a Southern California leader in surface mount technology electronic manufacturing services.
  • Owens Corning acquires Natural PolymersJones Day advised Owens Corning (NYSE: OC) in the acquisition of Natural Polymers, LLC, an innovative manufacturer of spray polyurethane foam insulation for building and construction applications.
  • High Road Capital portfolio company acquires Elite Technologies & CommunicationsJones Day advised High Road Capital Partners in connection with its acquisition by portfolio company Exponential Power, Inc. of Elite Technologies & Communications, Inc. (Elite Tech), expanding the company's position as an industry leading supplier of DC power, products, solutions, and services.
  • American Industrial Partners portfolio company Vertex merges with VectrusJones Day advised Vertex Aerospace, a portfolio company of American Industrial Partners, in its stock-for-stock merger with Vectrus, Inc. (NYSE: VEC), at an implied value for Vertex of approximately $2.1 billion.
  • Selman & Company, LLC sold to One80 IntermediariesJones Day advised Selman & Company, LLC (SelmanCo) in connection with the sale of SelmanCo to One80 Intermediaries, Inc.
  • FVLCRUM acquires Gulf Coast Crane ServicesJones Day advised FVLCRUM in the acquisition of Gulf Coast Crane Services, LLC, a crane rental services solutions and equipment company headquartered in Corpus Christi, Texas.
  • General Mills acquires TNT CrustJones Day advised General Mills in the acquisition of TNT Crust Intermediate Holdings LLC from private equity firm Peak Rock Capital. As part of the acquisition, General Mills also acquired two manufacturing facilities in Green Bay, Wisconsin, and St. Charles, Missouri.
  • Polaris sells Transamerican Auto Parts business to Wheel ProsJones Day is representing Polaris Inc. in the sale of its Transamerican Auto Parts business to Wheel Pros, a designer, manufacturer, and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars, and ATVs/UTVs, backed by Clearlake Capital Group, L.P.
  • Baird Capital acquires UGSI Solutions, Inc.Jones Day represented Baird Capital in the acquisition and financing of UGSI Solutions and its subsidiaries, which provide water quality management solutions and chemical feed systems to municipal water and wastewater utility markets.
  • Owens Corning acquires WearDeck®Jones Day advised Owens Corning in the acquisition of WearDeck®, a premium producer of composite weather-resistant decking for commercial and residential applications in North America, from JR Plastics Corporation.
  • Sonepar sells Vallen Distribution to Nautic PartnersJones Day represented the Sonepar Group – a Paris-headquartered global leader in B-to-B distribution of electrical products, solutions and related services – in the sale of Sonepar's subsidiary business, Vallen Distribution, to Nautic Partners, a middle-market private equity firm based in Rhode Island.