Richard A. Presutti

Primary Focus & Experience

Mr. Presutti has advised private equity firms and their portfolio companies on a wide variety of US and cross-border transactions, including leveraged buyouts of public and private companies, tender offers, carve-outs and corporate reorganizations. 

Mr. Presutti’s representations and transactions include:

• Veritas Capital in:
  • its $5 billion acquisition of DXC Technology Company’s US State and Local Health and Human Services Business to form Gainwell Technologies
  • its acquisition of Campus Management and Edcentric from Leeds Equity Partners
  • its sale of API Healthcare to symplr, a portfolio company of Clearlake Capital
  • its $5.7 billion take private of athenahealth, Inc.
  • its $900 million take private of Cambium Learning Group, Inc. and related acquisition of VKIDZ Holdings Inc., a portfolio company of Veronis Suhler Stevenson
  • its sale of BeyondTrust to Bomgar, a portfolio company of Francisco Partners
  • its $1.05 billion acquisition of GE Healthcare’s Value-Based Care Division
  • its acquisition of PricewaterhouseCooper’s Public Sector business to form Guidehouse
• Veritas Capital and its portfolio company Peraton in:
  
  • its $7.1 billion take private of Perspecta Inc.
  • its $3.4 billion acquisition of Northrop Grumman’s Federal IT and Mission Support business
• Veritas Capital and its portfolio Gainwell Technologies in its $3.4 billion take private of HMS Holdings Corp., and its follow-on sale of the HMS commercial, Medicare and federal business to Cotiviti, Inc.
• Veritas Capital and its portfolio company Cambium Learning Group, Inc. in:
  
  • its sale of the Rosetta Stone Languages Division to IXL Learning
  • its $792 million take private of Rosetta Stone
  • its acquisition of American Institutes for Research’s Student Assessment Division
• Veritas Capital and its portfolio company Alion Science and Technology in:
  
  • its $225 million sale of its Naval Systems Business Unit to Serco Group plc
  • its acquisition of MacAulay-Brown, Inc.
• Veritas Capital and its portfolio company Guidehouse in its $1.1 billion take private of Navigant Consulting, Inc.
• Veritas Capital and its portfolio company KeyPoint Government Solutions, Inc. in its merger via a Reverse Morris Trust transaction with Vencore Holding Corp. and the US public sector business of DXC Technology Company to form a separate, publicly traded company, Perspecta, Inc.
• Marlin Equity Partners in:
  
  • its acquisition of TaxSlayer
  • its sale of Elenion Technologies to Nokia
  • its acquisition of MOBI Wireless Management, LLC
  • its $521 million take private of Bazaarvoice, Inc.
  • its $242 million take private of Tangoe, Inc.
  • its acquisition of the Teradata Marketing Applications business from Teradata Corporation
  • its acquisition of Fidelis Cybersecurity from General Dynamics
  • its sale of Capario to Emdeon, a portfolio company of Blackstone
  • its sale of Liquent to Parexel
  • its sale of OnX Enterprise Solutions to Cincinnati Bell Inc.
  • its $891 million take private of Tellabs, Inc.
  • its acquisition of select Payment Systems assets of Unisys Corporation to form Burroughs Payment Systems

Recognition & Accomplishments

Mr. Presutti received his J.D., cum laude, from Tulane University Law School and his B.S. from Bentley University. He joined Milbank in 2021 from a leading US firm specializing in advising private equity clients.