Andrew H. Braid
Advises clients on a wide range of benefits and compensation matters, including in connection with M&A transactions and public offerings.
Andrew advises public and private company clients on a wide range of executive compensation matters. He counsels companies on designing and implementing equity-based and other incentive compensation plans, nonqualified deferred compensation, and retention and severance arrangements. He also advises on tax and securities issues related to executive compensation arrangements, compensation-related governance and disclosure matters, and the treatment of compensation arrangements in leveraged buyouts, strategic transactions, initial public offerings and corporate restructurings.
Andrew advises investment managers on issues relating to investing ERISA plan assets and ERISA fiduciary duties, including structuring fund vehicles and negotiating investment management agreements and side letters for plan investors. He routinely assists in the formation of venture capital operating companies and real estate operating companies.
Experience
Andrew’s representations before joining Davis Polk include the following:
- The consolidation of DTLR and Sneaker Villa and the eventual sale of the combined entity, DTLR Villa, by Bruckmann, Rosser and Schiller to JD Sports Fashion in an all-stock deal
- Griffon Corporation’s acquisition of Hunter Fan Corporation from MidOcean Partners and its sale of Telephonics Corporation to TTM Technologies
- Sterling Investment Partners in its sale of the Marcone Appliance business to Genstar Capital Partners
- Quilvest Capital Partners in its sale of Command Alkon to Thoma Bravo
- Graham Partners and its portfolio companies in transactions including its sale of Myers Emergency Power Systems to Kohlberg & Company; its sale of Acme Cryogenics to an affiliate of OPW Fluid Transfer Group; its sale of Giraffe Foods to Symrise; its sale of BrightPet to Alvarez & Marsal Capital Partners; and its acquisitions of Taoglas, Rhythmlink International and Barcoding and Barcoding’s acquisition of DecisionPoint Systems
- Medbio in a series of add-on acquisitions and its eventual sale to an affiliate of Protective Industries, a portfolio company of Berwind Corporation
- One Equity Partners in its acquisition of Rizing, related international add-on acquisitions and the eventual sale of Rizing to Wipro Limited
- One Equity Partners in its acquisitions of the U.S. fly ash business of Broal Resources (Eco Material Technologies) and the corporate online banking unit of ACI Worldwide (Dragonfly Technologies)
- The initial public offering of shares of GQG Partners on the Australian Stock Exchange for an implied company value of AUS $6 billion
Education
- cum laude
- Dean's Merit Scholar
- Associate Managing Editor, New York Real Property Law Journal
Prior experience
- Partner, Dechert, 2022-2024
- Associate, Dechert, 2012-2021
Qualifications and admissions
- Commonwealth of Pennsylvania
- State of New Jersey
- State of New York