Transaction Liability in Buying a Business: A New Frontier
Presented By: Aon / Proskauer Rose
Learn about the evolving landscape of transaction liability in business acquisitions from a panel of serial acquirers and M&A advisors. You’ll hear about emerging risks for buyers, including cybersecurity threats, AI implications, and the geopolitical factors shaping buy-side deals, as well as glean valuable insights on how to better navigate the due diligence process.
Moderator:
Panelists:
EVP - Strategy, M&A and Business Partnerships
Church & Dwight
Brian is the Head of Strategy, M&A and Business Partnerships for Church & Dwight based out of Ewing, NJ – Church & Dwight is a manufacturer of consumer and specialty products and owns such iconic brands as Arm & Hammer, Trojan, OxiClean, Zicam, Waterpik, First Response, Vitafusion, Flawless, Hero Mighty Patch, TheraBreath, Nair and Orajel with net sales of over $5 billion and an enterprise value over $25 billion.
Since joining Church & Dwight in 2006 the company has acquired 19 brands with an aggregate transaction value over $6 billion including: Hero Mighty Patch acne patches, TheraBreath oral rinses, Zicam cold shortening products, Flawless hair removal devices, Waterpik water flossers, Passport Food Safety, Agro Biosciences Animal Nutrition, Viviscal hair care, Anusol hemorrhoid business, Toppik hair fiber care, Vi-Cor Animal Nutrition, RepHresh and Replens Women’s health brands, Avid Health (L’il Critters and VitaFusion gummy vitamins), OxiClean, Orajel, Simply Saline, Batiste, Toothtunes and Feline Pine brands and sold nine brands as well. Brian also is on the board of directors of the Armand Products JV in the Specialty Products Division for Church & Dwight.
Brian joined Church & Dwight in 2006 after a 10-year career on Wall Street, in Private Equity and Corporate M&A. Brian began his career working in the Healthcare Investment Banking Group at Morgan Stanley. Brian then went on to work in Private Equity at Columbia Capital in Washington, DC making over 20 direct investments totaling over $400 million in early stage Technology, Software and Telecommunications companies. Most recently prior to Church & Dwight he headed the M&A department at Lafarge North America which was the largest U.S. basic materials provider before being acquired in 2006.
He received his BS in Finance from Georgetown University.
Senior Vice President
Aon M&A and Transaction Solutions
Jerald Khoo is a Senior Vice President on Aon’s M&A and Transaction Solutions team, specializing as a broker of Representations and Warranties Insurance. Prior to joining Aon, Jerald was an attorney at Paul, Weiss, Rifkind, Wharton & Garrison LLP in their Corporate Department, where he represented public and private companies, private equity firms, and financial institutions on mergers and acquisitions, joint ventures, investments, restructurings, and corporate governance matters.
Managing Director
Stellex Capital Management
Mike Livanos is a Managing Director and founding member of Stellex Capital Management. Stellex is a private equity firm that invests in middle-market companies in North America and Europe through its offices in New York, Pittsburgh, Detroit and London. We seek to identify opportunities where we can deploy capital to provide stability, catalyze operational improvement and foster growth. We work closely with high quality management teams to unlock and enhance the value of the underlying franchise.
Mr. Livanos currently serves as a director on the boards of Continental Global Material Handling, Custom Glass Solutions, Dominion Hospitality, Fenix Parts, A. Stucki Company and is a board observer of AF Global. Prior to Stellex, Mr. Livanos held various roles at Barclays, Houlihan Lokey and Citigroup.
Mr. Livanos received his BS in Computer Science and Business Administration from Carnegie Mellon University and his MBA from Columbia Business School.
Principal
Heartwood Partners
Andrea is a Principal at Heartwood Partners. She leads the evaluation and diligence of investment opportunities as well as the oversight of portfolio companies. She currently serves on the board of directors for Sur-Seal, Patten Seed Company, Bush Brothers, and Royal Products.
Prior to joining Heartwood Partners, she spent 6 years in investment banking and asset management. Andrea earned her B.A. from The Johns Hopkins University and an MBA from the University of Chicago Booth School of Business.