Nicole D.Stanger

Counsel

Cleveland + 1.216.586.7258

For nearly 20 years, Nicole Stanger has helped domestic and foreign enterprises and their executives maximize compensation-related tax benefits. Although she primarily focuses her practice on the income and payroll tax treatment of executive compensation arrangements, including omnibus equity incentive plans, long-term performance plans, deferred compensation plans, and fringe benefits and perquisites, she also regularly advises clients with the administration and compliance of qualified retirement plans under the Internal Revenue Code and ERISA and cross-border compensation issues. Each year, Nicole works with M&A teams Firmwide on multiple private and public company transactions regarding the golden parachute payment tax implications of executive compensation arrangements, including the preparation of quantitative analyses involving the calculation and payment of such tax.

Nicole's recent transactions include Reynolds American's $27.4 billion acquisition of Lorillard and its acquisition by British American Tobacco Plc at a value exceeding $90 billion; Sherwin-Williams' $11.3 billion acquisition of The Valspar Corporation; and Exelis' acquisition by Harris Corporation for $4.8 billion.

Prior to joining the Firm, Nicole practiced in Pennsylvania as a licensed certified public accountant during which time she handled a wide range of financial reporting and federal and state income tax matters, including advising clients during audits conducted by the Internal Revenue Service and state taxing authorities.

Experience

  • EagleTree Capital acquires LigneticsJones Day advised EagleTree Capital in connection with the acquisition and financing of Lignetics, Inc., the largest consumer-focused wood pellet manufacturer in the U.S., from Taglich Private Equity and Mill Road Capital.
  • J.F Lehman successfully closes its first single asset continuation fund for NorthStar GroupJones Day represented J.F. Lehman & Company, a leading middle market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, in connection with the successful closing and debt financing of its first single asset continuation fund, which will allow the firm to maintain its ownership of NorthStar Group in partnership with management.
  • Neura acquired by Otonomo TechnologiesJones Day advised Neura, Inc., a leader in AI-powered mobility intelligence, in its acquisition by Otonomo Technologies Limited.
  • DMI secures strategic investment from OceanSound PartnersJones Day advised DMI in its strategic investment from an affiliate of OceanSound Partners, LP.
  • Riverside and Investcorp sell Arrowhead Engineered Products to GenstarJones Day advised The Riverside Company in the sale of Arrowhead Engineered Products to Genstar.
  • Sensata Technologies acquires Spear Power SystemsJones Day advised Sensata Technologies in its acquisition of Spear Power Systems, a leader in lithium-ion based energy storage solutions for mission-critical and demanding end user applications.
  • Building Systems Holdings sells company to Therma HoldingsJones Day advised Building Systems Holdings, Inc. in the sale of the company to Therma Holdings.
  • Laureate Education sells Walden University to Adtalmen Global Education Inc. for $1.48 billionJones Day acted as special tax counsel to Laureate Education, Inc. in its $1.48 billion sale of Walden University to Adtalem Global Education Inc.
  • VSE Corporation acquires Global Parts GroupJones Day advised VSE Corporation in the acquisition of Global Parts Group, Inc. in an all-cash transaction valued at approximately $38 million.
  • Axion BioSystems completes sale of company to Summa EquityJones Day advised Axion BioSystems, Inc., a leading provider of MEA and impedance technology for single-cell analysis, in its sale of the company to Summa Equity.
  • J.F. Lehman & Company sells BEI PrecisionJones Day advised J.F. Lehman & Company in the sale of BEI Precision Systems & Space Company, Inc. to Quantic Corporate Holdings, Inc., a portfolio company of Arcline Investment Management.
  • Riverside portfolio company acquires PresenceJones Day represented The Riverside Company in connection with the acquisition by portfolio company Modern Campus of Presence, a leading campus engagement and learning platform for higher education institutions.
  • Riverside sells portfolio company Greenphire to Thoma BravoJones Day represented The Riverside Company in connection with the sale of portfolio company Greenphire, the global leader in financial lifecycle management software for clinical trials, to Thoma Bravo, a software focused private equity firm.
  • Xact Data Discovery sells company to Aquiline Capital PartnersJones Day represented Xact Data Discovery, a leading international provider of eDiscovery, data management, and managed review services for major law firms and corporations and portfolio company of JLL Partners, in connection with its acquisition by Aquiline Capital Partners LLC, a New York-based private equity firm.
  • HCI Equity Partners sells Go To LogisticsJones Day represented HCI Equity Partners in connection with the sale of Go To Logistics, a transportation and logistics service provider focused on the freight consolidation and LTL (less-than-truckload) market, to Stellex Capital Management.
  • Centre Lane Partners sells Perform[cb] to Beringer CapitalJones Day represented Centre Lane Partners, LLC in the sale of preeminent performance marketing company, Perform[cb], to Beringer Capital.
  • Rockwood Equity Partners recapitalizes Lifeway MobilityJones Day advised Rockwood Equity Partners LLC in the recapitalization sale of portfolio company Lifeway Mobility, a provider of home and business accessibility solutions, to Cressey & Company.
  • Riverside sells ARCOSJones Day advised The Riverside Company in its sale of ARCOS, the market leader in resource management software for utilities, airlines, and other critical infrastructure industries, to Vista Equity Partners.
  • SpeedETab sells company to Wix.comJones Day advised SpeedETab, Inc., a restaurant ordering and payment technology provider, in its sale to Wix.com, Inc. (NASDAQ: WIX), a global leader in software development, cloud-based services, e-commerce, and other online services.
  • High Road Capital sells portfolio company General Tools & Instruments Company LLC to Worthington Industries, Inc.Jones Day represented High Road Capital Partners in connection with the sale of portfolio company General Tools & Instruments Company LLC, a provider of over 1,200 feature-rich, specialized tools with well-established brands, to Worthington Industries, Inc.