Andy Garelick is a corporate partner in the Los Angeles office of Munger, Tolles & Olson.
Andy’s practice focuses on mergers and acquisitions, private equity and corporate governance. He also advises clients on complex restructurings and recapitalizations, securities law matters and stock exchange rules. He works with companies and financial sponsors in a broad range of industries and has extensive experience counseling boards of directors, special committees and independent board members.
Prior to joining the firm, Andy spent over 20 years at an Am Law 100 firm and was regularly recognized for his corporate work in Chambers USA, IFLR1000, The Best Lawyers in America and Lawdragon’s 500 Leading Dealmakers in America.
Earlier in his career, Andy spent several years in executive corporate development positions at new and early-stage ventures and at a public company where he served as vice president of mergers and acquisitions and completed numerous acquisitions totaling in excess of $1 billion.
Andy is a member of the board of directors of the Alliance for Children’s Rights.
Andy received his J.D. cum laude from the University of California, College of the Law, San Francisco (formerly Hastings College of the Law) and a B.S. magna cum laude from San Diego State University.
Experience
Andy’s selected work experience prior to joining Munger, Tolles & Olson includes representation of:
Mergers & Acquisitions
- American Express Global Business Travel in its multibillion de-SPAC transaction with Apollo Strategic Growth Capital.
- Caesars Entertainment Corporation in its merger with Eldorado Resorts, Inc. and its sale of Bally’s Atlantic City.
- The Walt Disney Company:
- in its acquisition of Lucasfilm, its acquisition of a minority stake in Vice Media and its partnership with Major League Baseball and the National Hockey League to form the streaming media company BAMTech LLC (the owner of the direct-to-consumer digital platform now known as Disney+).
- in connection with ESPN’s sale of a majority stake in the X Games action sports franchise to MSP Sports Capital.
- in its sale of its book publishing business and titles to Hachette Book Group.
- Scopely, Inc. (the digital publisher of MONOPOLY GO! and Stumble Guys) in its acquisition by Savvy Games Group.
- Jimmy Iovine and Dr. Dre in the sale of Beats Electronics to Apple.
- Advance Pierre Foods Holdings in its acquisition by Tyson Foods.
- Two Roads Hospitality LLC in its acquisition by Hyatt Hotels.
- Dermalogica in its acquisition by Unilever.
Private Equity
- Neuberger Berman in its combination of its Dyal Capital Partners division with Owl Rock Capital Group to form Blue Owl Capital.
- Oaktree Capital Management in its acquisition of a majority interest in My Alarm Center and in its sale of a controlling interest in a publicly traded healthcare company.
- Veritas Capital and their portfolio company Emergency Communications Network in its acquisition of Send Word Now.
- Silver Point Capital in connection with its investment in Studio City Macau.
- Tengram Capital and its portfolio company Robert Graham in connection with the combination of Robert Graham with Differential Brands Group, formerly Joe’s Jeans.
Public Company Corporate Governance
- The special committee of the board of directors of AMC Entertainment.
- The independent directors of the board of directors of Caesars Entertainment Corporation.
- The special committee of the board of directors of Caesars Acquisition Company.
- The transaction committee of the board of directors of Emcore Corporation.
- The special committee of the board of directors of Wesco Financial Corporation.
Corporate Restructuring
- Paul Allen, as principal shareholder of Charter Communications, in Charter’s prearranged Chapter 11 bankruptcy case.
- CIT Group in its prepackaged Chapter 11 bankruptcy case.
- ION Media Networks in a comprehensive recapitalization that involved a cash tender offer, multiple exchange offers and the issuance of new subordinated debt. The deal was recognized by The M&A Advisor as a Turnaround Deal of the Year in the Media, Telecom & Technology category and as the Refinancing Deal of the Year.
- Oaktree Capital in the restructuring of Neovia Logistics.
Education
-
University of California, College of the Law, San Francisco (J.D., cum laude, 1994)
-
San Diego State University (B.S., magna cum laude, 1991)
Bar Admissions
- California
Experience
Andy’s selected work experience prior to joining Munger, Tolles & Olson includes representation of:
Mergers & Acquisitions
- American Express Global Business Travel in its multibillion de-SPAC transaction with Apollo Strategic Growth Capital.
- Caesars Entertainment Corporation in its merger with Eldorado Resorts, Inc. and its sale of Bally’s Atlantic City.
- The Walt Disney Company:
- in its acquisition of Lucasfilm, its acquisition of a minority stake in Vice Media and its partnership with Major League Baseball and the National Hockey League to form the streaming media company BAMTech LLC (the owner of the direct-to-consumer digital platform now known as Disney+).
- in connection with ESPN’s sale of a majority stake in the X Games action sports franchise to MSP Sports Capital.
- in its sale of its book publishing business and titles to Hachette Book Group.
- Scopely, Inc. (the digital publisher of MONOPOLY GO! and Stumble Guys) in its acquisition by Savvy Games Group.
- Jimmy Iovine and Dr. Dre in the sale of Beats Electronics to Apple.
- Advance Pierre Foods Holdings in its acquisition by Tyson Foods.
- Two Roads Hospitality LLC in its acquisition by Hyatt Hotels.
- Dermalogica in its acquisition by Unilever.
Private Equity
- Neuberger Berman in its combination of its Dyal Capital Partners division with Owl Rock Capital Group to form Blue Owl Capital.
- Oaktree Capital Management in its acquisition of a majority interest in My Alarm Center and in its sale of a controlling interest in a publicly traded healthcare company.
- Veritas Capital and their portfolio company Emergency Communications Network in its acquisition of Send Word Now.
- Silver Point Capital in connection with its investment in Studio City Macau.
- Tengram Capital and its portfolio company Robert Graham in connection with the combination of Robert Graham with Differential Brands Group, formerly Joe’s Jeans.
Public Company Corporate Governance
- The special committee of the board of directors of AMC Entertainment.
- The independent directors of the board of directors of Caesars Entertainment Corporation.
- The special committee of the board of directors of Caesars Acquisition Company.
- The transaction committee of the board of directors of Emcore Corporation.
- The special committee of the board of directors of Wesco Financial Corporation.
Corporate Restructuring
- Paul Allen, as principal shareholder of Charter Communications, in Charter’s prearranged Chapter 11 bankruptcy case.
- CIT Group in its prepackaged Chapter 11 bankruptcy case.
- ION Media Networks in a comprehensive recapitalization that involved a cash tender offer, multiple exchange offers and the issuance of new subordinated debt. The deal was recognized by The M&A Advisor as a Turnaround Deal of the Year in the Media, Telecom & Technology category and as the Refinancing Deal of the Year.
- Oaktree Capital in the restructuring of Neovia Logistics.
Practice Areas
Industries
Education
-
University of California, College of the Law, San Francisco (J.D., cum laude, 1994)
-
San Diego State University (B.S., magna cum laude, 1991)
Bar Admissions
- California