David A. Thornton

Representative Experience

• Pharos Capital’s Complete Health Acquires Two Primary Care Practices

  Representation of Complete Health Partners, a Pharos Capital Group primary care platform based in Jacksonville, Florida, in its acquisitions of two Birmingham, AL primary care practices, Northside Medical Associates and Adamsville Family Medicine

  We represented Complete Health Partners, a Pharos Capital Group primary care platform based in Jacksonville, Florida, in its acquisitions of...
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  Client Type: Private Company
• Successful Defense of Clients in $26 Million of ACA Employer Mandate Penalties

  Defended clients against roughly $26 million in ACA employer mandate penalties

  We have successfully defended our clients against roughly $26 million in ACA employer mandate penalties, which relate to the ACA...
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  Client Type: Private Company
• Representation of a Civil Engineering Company in ESOP Transaction

  Represented a civil engineering company in establishing an ESOP, successfully acquiring 49% of the company in a leveraged transaction in the amount of $6.6 million

  We represented a civil engineering company in establishing an Employee Stock Ownership Plan (ESOP) and successfully acquiring 49% of the...
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  Client Type: Private Company
• Representation of a Recycling Corporation in ESOP Transaction

  Represented a recycling corporation in the establishment of an ESOP used to acquire 100% of the company in a leveraged transaction in the amount of $51.5 million

  We represented a recycling corporation in the establishment of an Employee Stock Ownership Plan (ESOP) used to acquire 100% of...
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  Client Type: Private Company
• NN, Inc. Acquires Paragon Medical

  Represented NN, Inc. (Nasdaq: NNBR) in its acquisition of Paragon Medical

  We represented NN, Inc. (Nasdaq: NNBR) in the acquisition of Paragon Medical, a private equity backed medical device manufacturer, for...
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  Client Type: Public Company
• Representation of Trustee in Formation and Sale of ESOP

  Represented the trustee in the formation of an ESOP for a real estate investment firm located in Memphis, Tennessee

  We represented the trustee in the formation of an ESOP for a real estate investment firm located in Memphis, Tennessee....
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  Client Type: Private Company
• Representation of Wealth Management Firm in Sale of ESOP

  Represented an investment advisory and wealth management firm located in Memphis, Tennessee, with respect to its ESOP

  We represented an investment advisory and wealth management firm located in Memphis, Tennessee, with respect to its ESOP. We advised...
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  Client Type: Private Company
• Closing of Large ESOP for Business Management Company

  Represented a business management company located in Germantown, Tennessee, in the closing of a large ESOP transaction over the course of a year

  We represented a business management company located in Germantown, Tennessee, in the closing of a large Employee Stock Ownership Plan...
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  Client Type: Private Company
• Retirement Plan Consolidation for Manufacturing Company

  Represented a publically-traded manufacturing company in the consolidation of three pension plans and three 401(k) plans following its $1.4 billion acquisition of another company

  We represented a publically-traded manufacturing company in the consolidation of three pension plans and three 401(k) plans following its $1.4...
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  Client Type: Public Company
• Retirement Plan Liability Assessment for Board of Directors of Public Utility Company

  Advised the Board of Directors of a public utility company in West Tennessee of potential liabilities related to rescinding bonuses provided to a company executive

  We advised the Board of Directors of a public utility company in West Tennessee, solely from a retirement plan perspective,...
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  Client Type: Private Company