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Partner
Los Angeles
T: 310-203-7602
F: 310-203-7199
ailer@irell.com

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Education

  • University of California, Berkeley (J.D., 1986), Order of the Coif; Member of the University of California Law Review
  • Claremont Men's College (B.A., Economics, 1982), summa cum laude

News

Anthony T. Iler

Tony Iler is a partner in the transactions workgroup, specializing in mergers and acquisitions, with a particular emphasis on private equity, and general corporate counseling.

Mr. Iler represents OCM/GFI Power Opportunities Fund, L.P. (fund size $453 million) and its successor, OCM/GFI Power Opportunities Fund II, L.P. (fund size $1 billion). Both funds focus on energy technology investments. He has represented the funds and their successors on over 30 acquisitions and dispositions during the last 15 years. 

Representative transactions include the sale of Noresco LLC to Carrier Corporation (transaction size not announced) in 2008; the sale of SPL WorldGroup LLC to Oracle Corporation (transaction size not announced), the sale of Genscape, Inc. to the Daily Mail (transaction value not announced) and the sale of Cannon Technologies to Cooper Industries (transaction value not announced) during 2006;  the sale of Power Measurement, Inc. to Schneider Electric S.A. for $213 million and the acquisition of Noresco LLC from Equitable Resources (transaction value not announced) during 2005; the acquisition of SPL WorldGroup B.V. (transaction value not announced) and Genscape, Inc. in 2004; and the sale of Caminus Corporation to SunGard Data Systems for $160 million in 2003. Mr. Iler has also represented Leonard Green & Partners and Fox Paine & Company LLC in private equity transactions. For Leonard Green & Partners, among other transactions, Mr. Iler represented its portfolio company, Gart Sports Company, in its acquisition of Oshman’s Sporting Goods for approximately $100 million in 2001. For Fox Paine, for example, Mr. Iler acquired WJ Communications in a $300 million leveraged recapitalization in 2000. 

Mr. Iler also represents clients in public and private offerings of equity and debt securities. Representative transactions include a "PIPE" investment by Fletcher Asset Management in Syntroleum, Inc. during 2009; the $120 million initial public offering of Dollar Financial, Inc. in 2004; a $112 million underwritten secondary offering for Gart Sports Company in 2002; the representation of Herbalife International, Inc. in the placement of $300 million of senior and subordinated debt financing to fund a going private transaction during 2002; and the representation of WJ Communications, Inc. in its $86 million initial public offering in 2002. 

Mr. Iler has considerable experience in troubled company restructurings. Among other representations, he represented Giftware Holdings, Inc., a giftware products company sponsored by Saunders, Karp & Megrue, a New York investment house, in the restructuring of approximately $100 million of debt facilities in 2001-2002; and he acted as corporate and securities counsel to Consolidated Freightways, the large less-than-truckload transportation company that filed for bankruptcy protection in September 2002.  Other major debt restructuring assignments have included Barry's Jewelers, Inc. and Alliance Imaging, Inc., both in the 1990s.

Mr. Iler was recognized as a leading Corporate/M&A lawyer by Chambers & Partners in its 2008 Chambers USA Leading Lawyers for Business Guide. 

Publications

Mr. Iler is co-author, with Ronald M. Loeb, of "Insider Trading Under Section 16 of the Securities Exchange Act" included in the Securities Law Techniques treatise published by Matthew Bender and "Negotiating an Acquisition" (Securities Regulation Institute, 1989).

Bar & Court Admissions

  • 1986, California