Sarah F. Suma

Counsel

Cleveland + 1.216.586.7160

Contact

Partager

Sarah Suma practices in the areas of employee benefits and executive compensation and regularly helps clients navigate the benefit and compensation aspects of complex corporate transactions. Recent transactions include public and private company matters, multijurisdictional transactions, and a variety of transaction structures including stock and asset sales, mergers, inversions, joint ventures, spin-offs, and other tax-structured transfers.

Sarah's practice includes a broad range of day-to-day employee benefits and executive compensation matters. She helps employers design and implement qualified and nonqualified retirement plans, welfare plans, and compensation arrangements and advises clients on the ERISA, tax, and other compliance issues involved in maintaining those plans. She also frequently drafts and negotiates equity and other incentive arrangements and employment, severance, retention, and change-of-control agreements.

Sarah is a member of the Cleveland Metropolitan Bar Association and the Steering Committee of the WEB Worldwide Employee Benefits Network Cleveland Chapter.

Expérience

  • ARRAY Technologies acquires Affordable Wire ManagementJones Day is advising ARRAY Technologies, Inc. (NASDAQ: ARRY), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, in the up to $203 million acquisition of Affordable Wire Management, LLC, a leading provider of wire management, cable protection, and balance-of-system solutions for utility-scale solar and energy storage projects.
  • Timken amends and restates $1.2 billion senior revolving credit facilityJones Day represented The Timken Company, a global leader in engineered bearings and industrial motion products, in connection with the amendment and restatement of its senior unsecured revolving credit facility, providing for $1.2 billion in revolving credit commitments.
  • Cloud Capital establishes core joint venture strategy seeded with over $6 billion of assets with Realty Income and a global institutional investorJones Day represented Cloud Capital Advisors in the establishment of a programmatic joint venture with Realty Income Corporation and a global institutional investor focused on stabilized hyperscale assets leased to investment-grade tenants on long duration, triple-net leases in the United States, with intention to expand into Europe.
  • Wells Fargo provides up to $400 million term loan secured by industrial property in Los Angeles, CaliforniaJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with an up to $400 million loan secured by a large distribution center adjacent to the Port of Los Angeles.
  • VSE Corporation acquires Precision Aviation Group for $2.025 billionJones Day advised VSE Corporation in the $2.025 billion acquisition of Precision Aviation Group, Inc., a best-in-class global provider of aviation maintenance, repair, and overhaul (MRO) services, distribution, and supply chain solutions serving commercial, business and general aviation, rotorcraft, and defense end markets, from GenNx360 Capital Partners.
  • Root, Inc. refinances $200 million senior secured term loan facilityJones Day represented Root. Inc., a technology-driven insurance company that utilizes mobile telematics and data science to price car insurance primarily based on driving behavior rather than traditional demographics, and certain of its domestic subsidiaries in refinancing a $200 million senior secured credit facility.
  • GOJO Industries sold to CloroxJones Day advised GOJO Industries, the maker of the iconic PURELL® brand, in its $2.25 billion sale to The Clorox Company.
  • Olympic Steel merges with RyersonJones Day advised Olympic Steel, Inc. (NASDAQ: ZEUS), a leading U.S. metals service center, in its merger with Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals.
  • Riverside sells CertaSiteJones Day advised The Riverside Company in the sale of its CertaSite® platform, a commercial fire protection and life safety company that is committed to the highest levels of customer service, responsiveness, building safety and code compliance, to APi Group (NYSE: APG).
  • Parker-Hannifin obtains $7.75 billion delayed draw term loansJones Day advised Parker-Hannifin Corporation, a global leader in motion and control technologies, in connection with obtaining a 364-day term loan agreement with Barclays Bank PLC, as administrative agent, which provides for a $5.25 billion delayed draw term loan facility, and a three-year term loan agreement with KeyBank National Association, as administrative agent, which provides for a $2.5 billion delayed draw term loan facility.
  • Parker-Hannifin acquires Filtration GroupJones Day is advising Parker-Hannifin Corporation in the $9.25 billion acquisition of Filtration Group Corporation from Madison Industries.
  • Valley Link Transmission Company obtains $300 million credit facilityJones Day advised Valley Link Transmission Company, LLC, a joint venture among Dominion Energy, American Electric Power, and FirstEnergy, formed to develop energy transmission projects, in connection with a new $300 million credit facility, consisting of a $180 million revolver and $120 million of letter of credit commitments.
  • Jones Day represents CITGO in court-ordered saleJones Day is representing CITGO in connection with the proposed court-ordered sale of CITGO by a Special Master appointed by the United States District Court for the District of Delaware to Amber Energy, backed by Elliott Investment Management.
  • P&G signs exclusive agreement with NewsanJones Day advised The Procter & Gamble Company in the exclusive licensing and distribution agreement with Newsan S.A. for the commercialization in Argentina of P&G’s Gillette, Pantene, Head & Shoulders, Downy, Vick, and Cebión brands (among others), as well as for the manufacturing and commercialization of Pampers diapers and Always pads.
  • Timken completes €600 million public offering of Senior NotesJones Day represented The Timken Company, a global technology leader in engineered bearings and industrial motion, in connection with the underwritten public offering of €600 million aggregate principal amount of 4.125% Senior Notes due in 2034.
  • WEG acquires industrial electric motors and generators business from Regal Rexnord CorporationJones Day advised WEG S.A. in the $400 million acquisition of the industrial electric motors and generators business of Regal Rexnord Corporation.
  • Citibank provides secured multicurrency revolving credit facility to Genius Sports LimitedJones Day represented Citibank, N.A., as administrative agent, a joint lead arranger, and sole bookrunner, on a secured multicurrency revolving credit facility provided to Genius Sports Limited, a global leader in sports betting and sports media technology.
  • MEDHOST sells company to N. Harris Computer CorporationJones Day advised MEDHOST, Inc., a leading electronic health record solution provider, in its sale of the company to N. Harris Computer Corporation, a wholly-owned subsidiary of Constellation Software, Inc.
  • Timken acquires Des-CaseJones Day advised The Timken Company in the acquisition of Des-Case Corp., a Nashville, Tenn.-based manufacturer of specialty filtration products for industrial lubricants.
  • Diebold Nixdorf obtains $1.25 billion senior secured exit credit facilityJones Day represented Diebold Nixdorf, Incorporated, a multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets, in connection with a new $1.25 billion senior secured term loan facility as part of it’s emergence from chapter 11 bankruptcy and other domestic and foreign court-supervised restructuring proceedings.
    •

    Avant d’envoyer cet e-mail, veuillez prendre note de ce qui suit :

    Les informations contenues sur le site www.jonesday.com sont destinées à un usage général et ne constituent pas des conseils juridiques. L’envoi et la réception de cet e-mail n’ont pas pour effet de créer une relation avocat-client. Aucun envoi de votre part à un membre du Cabinet ne sera traité comme confidentiel ou protégé à moins que nous n’ayons donné notre accord pour vous représenter. En envoyant cet e-mail, vous confirmez avoir lu et compris la présente notification.