Richard is a member of the firm’s Board of Partners and serves on its Lateral Partner Integration Committee. He was the Managing Partner of the firm’s Los Angeles-Century City office from 2009 to 2022, and was a member of the firm’s Finance Committee. Richard’s practice concentrates on mergers and acquisitions and private equity-backed corporate transactions.
He regularly represents private equity funds, family offices, institutional co-investors, independent sponsors and privately held companies and his experience spans numerous industries, including healthcare, consumer, manufacturing, technology and renewable energy.
Richard works extensively with independent sponsors and leads our West Coast (Los Angeles and San Francisco) independent sponsor networks.
Along with others on our healthcare private equity team, Richard is actively involved in the firm’s annual Healthcare and Life Sciences Private Equity and Finance Conference, one of the largest private equity events in the U.S. healthcare market.
Richard has provided pro bono legal services for various organizations, including the Los Angeles County Bar Domestic Violence Project. He has served as pro bono counsel to a number of nonprofit organizations, including Garden School Foundation, a nonprofit dedicated to creating teaching gardens and related projects in schools serving underprivileged communities. He is a member of the Emeritus Council of Los Angeles Regional Food Bank and served as a member of the Board of Trustees of Temple Leo Baeck in Los Angeles.
Experience
- Representation of private equity fund in numerous platform acquisitions (healthcare and technology)
- Representation of private equity fund in sale of portfolio company (financial services).
- Representation of private equity fund in add on acquisition (national oncology).
- Representation of private equity fund in debt and equity investment in manufacturing company.
- Representation of private equity fund in platform acquisition (national oncology).
- Representation of private equity fund in sale of portfolio company (retail consumer).
- Representation of private equity fund in platform acquisition (marketing and services).
- Representation of foreign strategic buyer in acquisition of domestic bioplastics company.
- Representation of strategic buyer in multiple acquisitions of manufacturing companies.
- Representation of private equity buyer in acquisition of private equity portfolio company (renewable energy – – biogas).
- Representation of private equity buyer in acquisition of renewable assets from private equity seller (solar and wind assets).
- Representation of privately held specialty pharmacy in connection with sale to private equity buyer.
- Representation of specialty pharmacy in private equity acquisition.
- Representation of private equity sponsor in joint venture with another third party investor (property operations).
- Representation in several merger and acquisition transactions of media companies to public company buyers.
- Representation of venture investor in joint venture transaction in connection with financing for development of closed television network.
- Representation of private equity sponsor in sale of portfolio company (manufacturing).
- Representation of private equity sponsor in joint venture agreement and subsequent purchase of portfolio company by the joint venture (shipping and
logistics) - Representation of private equity sponsor in $50,000,000 mezzanine financing of shipping and logistics company.
- Representation of publicly held transportation company in sale of transportation logistics division.
- Representation of privately held professional services firm in acquisition of operating division of publicly traded company.
- California
Named to “Leaders of Influence: Private Equity Investors & Advisors,” Los Angeles Business Journal, 2023
Selected for inclusion as a “Leading Lawyer,” Sports, California, Legal 500 US, 2017-2018
Named to “Southern California Super Lawyers,” Mergers & Acquisitions, Super Lawyers, Thomson Reuters, 2007, 2011-2019
- Author, Key Takeaways From the 2024 Healthcare Private Equity and Finance Conference, McGuireWoods Legal Alert, May 21, 2024
- Author, A View From the Top: Cara Reymann of First Fertility, McGuireWoods Legal Alert, February 14, 2024
- Author, A View From the Top: Teira Gunlock of First Stop Health, McGuireWoods Legal Alert, January 30, 2024
- Author, Key Takeaways From McGuireWoods’ 2023 Independent Sponsor Conference, McGuireWoods Legal Alert, November 30, 2023
- Author, Key Takeaways From the 2023 Healthcare Private Equity and Finance Conference, McGuireWoods Legal Alert, March 7, 2023
- Author, Key Takeaways From McGuireWoods’ 2019 Independent Sponsor Conference, McGuireWoods Legal Alert, November 11, 2019
- Author, Venture Capital Coast to Coast – February 2019, McGuireWoods Legal Alert, February 11, 2019
- Author, Venture Capital Coast to Coast – December 2018, McGuireWoods Legal Alert, December 14, 2018
- Author, It’s Just Math – Independent Sponsor Transaction Survey White Paper, McGuireWoods Legal Alert, May 4, 2018
- Author, Key Takeaways From the McGuireWoods 2017 Independent Sponsor Conference, McGuireWoods Legal Alert, October 30, 2017
- Author, Venture Capital Coast to Coast – July 2017, McGuireWoods Legal Alert, July 15, 2017
- Author, Independent Sponsors: How to Leverage This Valuable Channel for Transactions, McGuireWoods Legal Alert, June 19, 2017
- Co-author, "Health Care Deal Predictions From ’17 JP Morgan Conference," Law360, February 21, 2017
- Author, Venture Capital Coast to Coast – December 2016, McGuireWoods Legal Alert, December 14, 2016
- Author, What Alternative Investment Managers Need to Know About California’s First-in-the-Nation Fee Disclosure Law, Derivations, October 7, 2016
- Author, Venture Capital Coast to Coast – June 2016, McGuireWoods Legal Alert, June 23, 2016
- Author, Venture Capital Coast to Coast – April 2016, McGuireWoods Legal Alert, April 22, 2016
- Author, More Essential Than Ever: Insurance In Food Co. M&A, McGuireWoods Legal Alert, April 4, 2016
- Co-author, "More Essential Than Ever: Insurance In Food Co. M&A," Law360, March 30, 2016
- Co-author, "Health Care Deal Trends Emerge From JP Morgan 2016," Law360, February 4, 2016
- Author, Venture Capital Coast to Coast – December 2015, McGuireWoods Legal Alert, December 7, 2015
- Co-author, "Specialty Pharmacy Market Ripe For Private Equity Buyers," Law360, October 1, 2015
- Author, Venture Capital Coast to Coast – August 2015, McGuireWoods Legal Alert, August 27, 2015
- Author, Venture Capital Coast to Coast – June 2015, McGuireWoods Legal Alert, June 22, 2015
- Co-author, "Behavioral Health and Other Rumblings from JPMorgan 2015," Law360, February 25, 2015
- Author, Venture Capital Coast to Coast – January 2015, McGuireWoods Legal Alert, January 28, 2015
- Author, Venture Capital Coast to Coast – December 2014, McGuireWoods Legal Alert, December 8, 2014
- Co-author, "Bullish Behavioral Health Market Drives Investment," Law360, July 17, 2014
- Author, The SEC Focuses on Private Equity Managers’ Fees and Expenses, McGuireWoods Legal Alert, May 12, 2014
- Author, Do Privileged Communications Pass to the Buyer in a Merger?, McGuireWoods Legal Alert, January 17, 2014
- Author, The New California LLC Law: Highlights for Private Equity and Venture-Backed Companies, McGuireWoods Legal Alert, January 9, 2014
- Author, "Sports Marketing and Social Media," Los Angeles Daily Journal , September 6, 2012
- Author, "Who’s Afraid of Proxy Access?," LA Daily Journal, September 8, 2010
- Author, Ninth Circuit Limits Survival Clause in M&A Transaction Governed by California Law, McGuireWoods Legal Alert, September 2, 2008
- Author, "Sarbanes-Oxley, Not Just for Public Companies," Sanli Pastore & Hill Reporter, June 2008
- Contributing Editor, "California Laws Governing Business Entities," Corporation Service Company, 2007
-
University of Wisconsin Law SchoolJD
cum laude
- University of Wisconsin–MadisonBA
Member; Executive Committee, Corporate Section, 1997-2001, Los Angeles County Bar Association
Active Sponsor, Tech Coast Angels
Los Angeles Regional Food Bank, Emeritus Council, 2014 – present
Food From the Bar Steering Committee, Los Angeles Regional Food Bank, 2011-2013
Member, Board of Trustees, Temple Leo Baeck, 2012-2015
Executive Committee, Legal Division, The Jewish Federation
Board Member and Counsel, Garden School Foundation, 2005-2007
- Speaker, Emerging Manager Conference, Dallas, TX, April 16-17, 2024
- Moderator, "How to be Differentiated as an Emerging Manager," Emerging Manager Conference, Dallas, TX, May 17, 2023
- Moderator, "Governance Terms Between Independent Sponsor and Capital Provider," 2022 Independent Sponsor Conference, October 26, 2022
- Moderator, "Views from the Capital Providers – Recommendations for a Successful Partnership," 2021 Independent Sponsor Conference, October 20, 2021
- Guest Speaker, "Independent Sponsors and the Changing Market," Deal-by-Deal Episode 2: Independent Sponsors and the Changing Market, March 30, 2021
- Speaker, Independent Sponsors of San Francisco Virtual Group Meeting, September 24, 2020
- Speaker, Independent Sponsors of Los Angeles Virtual Group Meeting, September 23, 2020
- Speaker, Independent Sponsors of Los Angeles and San Francisco Virtual Roundtable Discussion, April 15, 2020
- Speaker, Independent Sponsors of San Francisco Networking Lunch, March 5, 2020
- Speaker, Independent Sponsors of Los Angeles Networking Lunch, March 3, 2020
- Moderator, "New Perspectives on Pharmacy Investments," 17th Annual Healthcare Private Equity & Finance Conference, February 19-20, 2020
- Moderator, "Implementing Shared Control Structures," 2019 Independent Sponsor Conference, October 3, 2019
- Moderator, "Deal Trends and Outlook," Food and Beverage M&A and Private Equity Update – Los Angeles, June 4, 2019
- Speaker, Independent Sponsors of Los Angeles Networking Lunch, December 5, 2018
- Speaker, Independent Sponsors of San Francisco Networking Lunch, December 3, 2018
- Speaker, Independent Sponsors of San Francisco Networking Lunch, June 28, 2018
- Speaker, Independent Sponsors of Los Angeles Networking Lunch, May 2, 2018
- Moderator, "Key Trends From Non-Bank Lending Sources," 15th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 21, 2018
- Moderator, "Finding and Selecting the Right Funding Partners and the Use of Intermediaries," 2017 Independent Sponsor Conference, October 2017
- Moderator, "Focus on Alternative Lending Sources" and "Deep Dive: Specialty and Compounding Pharmacies and Pharmaceuticals," 14th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 2017
- Moderator, "Deal Trends and Outlook," Food and Beverage M&A and Private Equity Update, October 2016
- Panelist, "Focus on Specialty Pharmaceutical and Specialty Pharmacy Investments," 13th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 2016
- Moderator, Healthcare Investment Opportunities, ACG Los Angeles, March 2015
- Moderator, "When the Bank says ‘No’: Non-traditional Financing Alternatives," 12th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 2015
- Moderator, "Minority Investments in Healthcare Services: Spotting and Addressing Issues for Lenders and Investors," 11th Annual Healthcare and Life Sciences Private Equity and Finance Conference, McGuireWoods LLP and McGladrey LLP, February 2014
- Moderator, "Negotiating a Sponsorship from Beginning to End," Association of Corporate Counsel’s 2013 Annual Meeting, October 2013
- Moderator, "Acquisition and Sector Due Diligence, and Financing and Transaction Issues for the Medical Device and Diagnostics Industry," 4th Annual Medical Device and Life Sciences Conference, McGuireWoods Seminar, November 2012
- Speaker, "Current Issues in Clean Energy Investment Transactions," California Clean Energy Roundtable, October 2012
- Moderator, "Constructing a Sports Sponsorship Partnership," McGuireWoods/IMG 4th Annual Sports Symposium, September 2012
- Moderator, "Current Issues in Professional Sports Transactions," McGuireWoods/IMG 3rd Annual Sports Symposium, June 2011
- Moderator, "Global Sports Marketing: Anatomy of the Deal," Global Sports Marketing: Anatomy of the Deal, Los Angeles, CA, November 2010
- Moderator, "Issues in Major Sport Sponsorship Transactions," McGuireWoods/IMG 2nd Annual Sports Symposium, October 2010
- Moderator, "Professional Sports Transactions," McGuireWoods/IMG 1st Annual Sports Symposium, October 2009
- Panelist, "Managing In-House/Outside Lawyer Relationships," Counsel to Counsel Summit, October 2009
- Panelist, Association of Corporate Counsel Roundtable, October 2008
- Speaker, "Fair and Reasonable Contract Negotiation," Association of Corporate Counsel, Southern California Chapter, June 2007
- Speaker, "Due Diligence in Venture Financings," Tech Coast Angels, June 2007