Weil Advises Advent-Backed ATI Physical Therapy in its $2.5B Business Combination with Fortress Value Acquisition Corp. II

Weil is advising Advent International-backed ATI Physical Therapy, at the time the largest single-branded outpatient physical therapy provider in the United States with nearly 900 physical therapy clinics across 25 states, in its $2.5 billion business combination with Fortress Value Acquisition Corp. II, a special purpose acquisition company sponsored by Fortress Investment Group LLC. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions.

The Weil team advising ATI Physical Therapy is led by Mergers & Acquisitions partner James R. Griffin and includes Mergers & Acquisitions associates Claudia LaiAnne Moretti LangfordAustin Freeman and Christopher Perkins. The team also includes Private Equity partner Marilyn French Shaw; Private Equity associates Kendahl Melvin and Geoff Greenspoon; Capital Markets Head Alexander Lynch; Capital Markets associate Shelby A. Stanton; Public Company Advisory Group partners Adé Heyliger and Lyuba Goltser; Private Equity Executive Compensation and Benefits Head Michael Nissan; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits associates Tricia Walsh and Joshua Ehrhart (Not Yet Admitted in New York); Tax partners Noah Beck and Chayim Neubort; Tax counsel Eric Remijan; Tax associate Kyle Jackson; Technology & IP Transactions Head Michael Epstein; Technology & IP Transactions/Privacy counsel Olivia Greer; and Technology & IP Transactions/Privacy associates Lauren Springer and Amanda DeMasi (Not Yet Admitted in New York); Banking & Finance partners Allison Liff and Benton Lewis; Environmental Head Annemargaret Connolly; Environmental associate J. Caleb Anderson; Real Estate attorney Leslie Smith; Antitrust partner Vadim Brusser; Antitrust counsel Alexis Brown-Reilly; Employment Litigation partner Nicholas Pappas; and Employment Litigation associate Elizabeth Casey (Not Yet Admitted in New York).