Matthew Mao’s practice focuses on complex debt financing transactions, advising private equity sponsors, corporate borrowers, and financial institutions on leveraged buyouts, portfolio company financings, intricate covenant analysis, and sophisticated liability management exercises.

He offers clients a uniquely commercial and pragmatic approach informed by his strategic in-house tenures at Fanatics, Hillspire, and MacAndrews & Forbes. For more than 15 years, Matt has navigated high-stakes matters for many of the market’s most active sponsors and strategic borrowers, having executed tens of billions of dollars in aggregate transaction value throughout his career, including matters that have reshaped market terms and precedent.

As a proponent of AI integration, he also spearheads firm-wide innovation initiatives, helping direct and design the implementation of custom buildouts for clients and GenAI powered workflows for internal use.

Matt originally joined the firm in 2010 as an associate and transitioned in-house in 2018. In July 2024, he rejoined the firm as a partner.

Notable Experience

  • Warburg Pincus in financings for numerous acquisitions, recapitalizations, and refinancings, including Redwood Software, CityMD, Labstat, Gabriel Brothers, Hygiena, Endurance International Group, and Universal Services of America.

  • Belron, a leading vehicle glass repair, replacement, and recalibration company, in its €8.1 billion (equivalent) refinancing and dividend recapitalization, which, according to PitchBook LCD, is the largest dividend recapitalization on record.

  • Medtronic, a global medical technology company, in connection with the financing for its $42.9 billion acquisition of Covidien.

  • Vericast, a leading marketing technology partner for businesses, in financings of its acquisitions of RetailMeNot and MaxPoint, and in refinancings of its credit facilities and senior notes.

  • Kindred Healthcare, a home health and hospital provider, in financings and its sale to Humana, TPG Capital and Welsh, Carson, Anderson & Stowe.

  • Groupe Acticall, an integrated services group, in its financing for its acquisition of Sitel from Onex and other shareholders.

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Publications