University of North Carolina at Chapel Hill, J.D., with honors, 1994, Order of the Coif; Member, North Carolina Law Review, 1992-93
University of North Carolina at Chapel Hill, B.S., 1991
John Herring concentrates his practice on corporate finance and acquisition transactions, primarily from the perspective of the investor and resulting portfolio companies, with a particular focus on leveraged buy-out transactions involving multiple tranches of debt and equity capital.
He regularly advises BDCs, SBIC funds and other investment funds in the structuring, negotiation and documentation of their debt and equity investments and financings.
John's investment experience includes unitranche, second lien, and secured or unsecured mezzanine loans, as well as structured equity. It also includes control and non-control buy-outs, in addition to minority equity co-investments and kickers. He has extensive experience in the structuring and negotiation of multi-tranche intercreditor arrangements.
John also represents private funds in connection with their fund formation and management activities, including SBIC funds, as well as serving as general counsel to private investment platforms and groups. His practice includes work on organizational and governance matters, limited liability and other equityholder agreements, capital and debt structures, joint ventures and various contractual matters.
John currently serves as chair of the firm’s Mezzanine Finance Practice Group.
Honors & Awards
- The Best Lawyers in America, banking and finance, corporate, leveraged buyouts and private equity, mergers and acquisitions, private funds/hedge funds, 2010-21; Charlotte Leveraged Buyouts and Private Equity Law Lawyer of the Year, 2019
- IFLR1000 United States, highly regarded - North Carolina, mergers & acquisitions, 2020
- North Carolina Super Lawyers, North Carolina Rising Star, 2009
- Martindale-Hubbell, AV® Preeminent™ Peer Review Rated
Represented a private equity group’s acquisition and capitalization of a franchisor within the automotive service industry for approximately $127 million, involving significant rollover equity from management and other co-investments in the resulting equity capitalization and the issuance of revolving, first lien and second lien loans, and holding company notes for the debt capitalization.
Represented a private equity group’s controlling acquisition and capitalization of an operator and consolidator of veterinary hospitals and clinics for approximately $64 million, involving significant rollover equity from management as part of the resulting equity capitalization and senior secured revolving and acquisition lines of credit and term loans as the debt capitalization.
News & Events
- Oct. 12, 2020
- Aug. 20, 2020
- Nov. 12, 2019
- Aug. 15, 2019
- Aug. 15, 2018
- Eight Named “Lawyer of the Year”Aug. 16, 2017
- Eight Attorneys Named "Lawyer of the Year"Aug. 15, 2016
- Aug. 18, 2015
- Firm Topped North Carolina Rankings in Eight Practice AreasAug. 19, 2014
- Aug. 15, 2013
- Aug. 23, 2012
- Sept. 1, 2011
- Aug. 9, 2010
- Aug. 10, 2009
- Jan. 23, 2009
Washington Duke Inn and Golf Club
3001 Cameron Boulevard
Durham, North CarolinaMarch 31 - April 1, 2015
Charlotte, North CarolinaOct. 14-15, 2013
Washington Duke Inn and Golf Club
Durham, North CarolinaApril 2-3, 2012
- Selling Companies to Private-Equity GroupsJune 2006Business North Carolina, Law Journal
- Association for Corporate Growth - Charlotte Chapter, President, 2011-12; Board of Directors and Programming Committee, 2007-present
- UNC Chapel Hill Law School, Council for Entrepreneurial Law, 2000-02