Stuart L. Rosenthal

Stuart Rosenthal is a partner in Goodwin’s Private Equity group and leader of the firm's Business Law Department in New York. He specializes in representing private equity sponsors, their portfolio companies and other corporate clients in a variety of complex business transactions, including leveraged buyouts, recapitalizations, growth equity and structured preferred investments, mergers and acquisitions, divestitures, joint ventures, continuation fund and secondary transactions, executive compensation and general corporate matters.  Stuart has extensive experience working with clients across a range of industries, including health care and health care technology, business services, manufacturing and industrials, defense and technology.  His deep knowledge of market trends and pragmatic approach allows him to help clients maximize opportunity and value on their transactional matters.

Stuart’s representative experience includes:

Mergers and Acquisitions

• Sale of Primus Capital Partners portfolio company Harmony Healthcare IT, a provider of healthcare data storage and management solutions, to Novacap
• Sale of Great Hill Partners portfolio company Vatica Health, a provider of physician-integrated risk adjustment solutions, to Frazier Healthcare
• Sale of Behrman Capital portfolio company Emmes Corporation, a clinical contract research organization, to New Mountain Capital
• Sale of Behrman Capital portfolio company Plastic Industries, a specialty plastics manufacturing company, to Altium Packaging
• Sale of Ernest Healthcare, an owner/operator of acute rehabilitation and long term acute care facilities, to Medical Properties Trust for $400 million
• Sale of ArisGlobal, a provider of SaaS software for the life sciences industry, to Nordic Capital as part of a majority recapitalization transaction
• Acquisition by Medical Properties Trust of Springstone, an owner/operator of behavioral health services facilities, from Welsh Carson, and the subsequent sale of Springstone by Medical Properties Trust to LifePoint Health for $250 million
• Acquisition by Primus Capital Partners of Prendio BioProcure, a provider of eProcurement software solutions for the biotech industry
• Acquisition by Great Hill Partners of Clearwave, a developer of patient intake and engagement software solutions for the healthcare industry 
• Acquisition by Primus Capital Partners of OrderGroove, a subscription-based e-commerce platform
• Acquisition by Towerbrook Capital Partners of ECP-PF, an owner/operator of a portfolio of health fitness franchises
• Acquisition by Behrman Capital of Shur-Co, a designer and manufacturer of tarping and containment systems for the agricultural and construction industries

Recapitalizations

• Minority recapitalization of Great Hill Partners portfolio company Pareto Health, a leading provider of captive manager services for employee benefits, with Warburg Pincus
• Representation of Arcadia Solutions, a provider of analytics software and technology-enabled services to large healthcare organizations, in connection with an equity financing transaction involving multiple institutional investors, including Peloton Equity
• Majority recapitalization of Great Hill Partners portfolio company RxBenefits, a technology-enabled pharmacy benefits optimizer, with Advent International
• Majority recapitalization of Great Hill Partner portfolio company Quantum Health, a provider of care coordination and healthcare navigation solutions, with Warburg Pincus

Growth Equity and Structured Preferred Investments

• Equity investment by Primus Capital Partners in PurpleLab Healthcare Analytics, a provider of software solutions for healthcare data analytics services
• Equity investment by Primus Capital Partners in Lightbeam Health Solutions, a provider of software solutions for population health management and related services
• Equity investment by Peloton Equity in AeroSafe Global, a provider of cold chain management services for pharmaceutical and medical device companies
• Equity investment by Primus Capital Partners in Ambition Solutions, a provider of sales management platform software solutions

Continuation Fund Transaction

• Sale of a portfolio of assets by Behrman Capital in a general partner led continuation fund transaction
• Sale of Micross Components, a manufacturer of specialty microelectronic components for the aerospace and defense industries, in a general partner led single-asset continuation fund transaction

Stuart has been recognized by The Best Lawyers in America Best Lawyers for his work in Leveraged Buyouts and Private Equity Law 2022-2023.

Stuart was a recommended lawyer for Private Equity Buyouts and Patents: Licensing by The Legal 500 in 2021-2024. Stuart is listed in Chambers USA: America’s Leading Lawyers for Business. He has also been recognized as a New York Metro “Rising Star” by Super Lawyers and was also an Editor and a Comment Editor of the University of Pennsylvania Law Review.