A Year of Growth, Success for Private Equity Practice and Our Clients
Holland & Knight is pleased to present its 2023 Private Equity Year in Review. The past year has been transformative for Holland & Knight's Private Equity Practice, despite interest rate increases, other economic challenges and increased regulatory scrutiny. This recap summarizes the team's significant and intentional strategic growth, successes for our clients and firm, and spotlights of key transactions, among other highlights. We thank our clients, friends and referral sources and are proud of all that we have achieved together in 2023 and look forward to the year ahead.
By the Numbers
Holland & Knight has emerged as a dominant law firm for middle-market private equity transactions. Firm attorneys combine experience, innovation and client-centricity to drive the business goals and objectives of private equity firms, portfolio companies, family offices, independent sponsors and other financial investors across industries and transaction types. In 2023, firm attorneys helped more than 245 clients close a total of 435 private equity transactions.
Market-Leading Rankings and Recognitions
Holland & Knight ranks among the most active law firms advising on private equity transactions and earned top recognitions from market-leading publications during the past year. The firm was also honored with multiple firm and practice group recognitions, as well as for its role in several transactions that were recognized with "Deal of the Year" awards. These rankings and recognitions reflect our innovative approach, commitment to high-quality client service and dedication to establishing long-standing relationships.
Strategic Growth and Expansion
Holland & Knight's private equity practice experienced significant growth in the last year, further enhancing the firm's geographic reach and ability to serve a diverse client base. In March 2023, Holland & Knight combined with Waller Lansden Dortch & Davis, adding 32 private equity partners across the Southeast. Following the combination, Holland & Knight now has the largest healthcare law practice in the country and is one of the most active law firms advising on healthcare private equity transactions. In addition, Holland & Knight added 12 other lateral private equity partners from top law firms across the country.
2023 Deal Spotlights
Holland & Knight attorneys helped clients navigate and close a number of market-leading transactions in 2023. We are proud of the work we do together and the relationships we have built. The 2023 Private Equity Year in Review spotlights several marquee transactions across industries and geographies that demonstrate the firm's commitment to providing excellent client service while advancing the business goals and objectives of our clients. We are grateful for the trust they place in us to close their deals successfully.
2023 HK Deal Flow℠ Spotlights
In 2023, the HK Deal Flow℠ program successfully sourced more than 465 deals by actively working with Holland & Knight's lawyers and more than 650 deal intermediaries. The program saw impressive growth in the number of groups participating, adding more than 260 new groups as capital sources and over 230 new groups as intermediaries in 2023.
See You in 2024
We enjoy connecting with many of our cherished clients and friends at marquee events and conferences. The shared experiences, insightful conversations and collaborative spirit that these gatherings foster are invaluable to us. We eagerly await the opportunity to engage in meaningful discussions, exchange ideas and strengthen the bonds that make our professional relationships truly exceptional. We hope to see you at a 2024 event soon!