Raymond E. Baltz, Jr. (Ray)

December 23, 2025

• Advised Power Sustainable Lios on its acquisition of Crofters Food.

December 12, 2025

• Advised Slate Asset Management on its acquisition of Cold-Link Logistics.

December 1, 2025

• Advised Eagle Merchant Partners on its acquisition of Atlantic Pipe Services.

October 10, 2025

• Advised Eagle Merchant Partners and Guidewell Education on their acquisition of MBA Mission USA.

September 26, 2025

• Advised Eagle Merchant Partners and Guidewell Education on their acquisition of Reach Cambridge.

September 24, 2025

• Advised Eagle Merchant Partners on its acquisitions of EnviroSmart Sumter Solidification and High Pressure Investments.

September 5, 2025

• Advised Eagle Merchant Partners on its acquisition of Guidewell Education.

September 2, 2025

• Advised Red Dog Equity on its sale of Superio USA Waste to GFL Environmental.

July 9, 2025

• Advised Northlane Capital Partners on its sale of Empower Community Care to NexPhase Capital.

July 1, 2025

• Advised Arcapita on its acquisition of C&K Paving Contractors.

July 1, 2025

• Advised Northlane Capital Partners on its sale of The Difference Card to Stone Point Capital.

February 27, 2025

• Advised Northlane Capital Partners on its acquisition of Strategic Claim Consultants.

January 16, 2025

• Advised Northlane Capital Partners on its acquisition of Plus Delta Partners.

November 12, 2024

• Advised Northlane Capital Partners on its acquisition of Stellar Public Adjusting Services.

October 11, 2024

• Advised Eagle Merchant Partners on its acquisition of Sam the Concrete Man.

July 5, 2024

• Advised Source Capital and Backyard Products on their acquisition of KidKraft in a Chapter 11 process.

July 1, 2024

• Advised Northlane Capital Partners on its sale of BrandMuscle Holdings to Truelink Capital Partners.

April 27, 2024

• Advised Northlane Capital Partners on its sale of VMG Health to Incline Partners.

February 28, 2024

• Advised Eagle Merchant Partners on its acquisition of AYA Medical Spa.

October 27, 2023

• Advised Brookfield Capital Partners on its sale of Rotomaster to MidOcean Partners and Cloyes Gear & Products.

September 26, 2023

• Advised Arcapita on its sale of Waste Harmonics to TPG and Keter Environmental Services.

June 30, 2023

• Advised Brookfield Capital Partners on its sale of Cardone Industries to First Brands Group.

June 30, 2023

• Advised Arcapita and Nationwide Property & Appraisal Services on their acquisition of Integrity Appraisal Management.

April 28, 2023

• Advised Northland Capital Partners and VMG Health on their acquisition of the assets of BSM Financial.

April 28, 2023

• Advised Eagle Merchant Partners on its acquisition of Impact Home Services.

March 31, 2023

• Advised Eagle Merchant Partners on its acquisition of AmeriSpec and Furniture Medic from Roark Capital.

October 21, 2022

• Advised Eagle Merchant Partners on its acquisition of Eskola Roofing.

September 12, 2022

• Advised Eagle Merchant Partners on its acquisition of assets from Driven Brands.

March 29, 2022

• Advised Eagle Merchant Partners on its acquisition of Enviro-Master International Franchise.

March 24, 2022

• Advised Source Capital and Backyard Products in its completion of a continuation fund involving Timber Bay Partners.

December 31, 2021

• Advised Arcapita on its acquisition of Nationwide Property & Appraisal Services.

December 24, 2021

• Advised Eagle Merchant Partners on its sale of Caliber Car Wash to Percheon Capital.

December 21, 2021

• Advised Eagle Merchant Partners on its sale of Recreational Group to Sentinel Capital Partners.

December 15, 2021

• Advised Eagle Merchant Partners on its investment in Impact Auto.

September 24, 2021

• Advised Level 5 Capital Partners on its acquisition of Orangetheory Fitness franchises in Illinois.

September 17, 2021

• Advised Level 5 Capital Partners on its acquisition of Orangetheory Fitness franchises in Missouri.

August 19, 2021

• Advised Level 5 Capital Partners on its acquisition of Orangetheory Fitness franchises in Utah.

July 19, 2021

• Advised Arcapita on its acquisition of One Plus Systems.

June 30, 2021

• Advised Arcapita on its sale of Stratus Unlimited to Vestar Capital Partners.

June 1, 2021

• Advised Northlane Capital Partners on its acquisition of The Difference Card.

April 30, 2021

• Advised Red Dog Equity on its acquisition of PureMagic Carwash.

March 29, 2021

• Advised Northlane Capital Partners on its acquisition of Empower Community Care.

January 28, 2021

• Advised Source Capital and Backyard Products on their acquisition of Yardistry Limited.

November 24, 2020

• Advised Eagle Merchant Partners on is sale of Lone Star Overnight to WeDo Logistics.

June 11, 2020

• Advised Eagle Merchant Partners on its investment in Code Ninjas.

March 17, 2020

• Advised Northlane Capital Partners on its acquisition of VMG Health.

December 30, 2019

• Advised Eagle Merchant Partners on the sale of Planet Fitness studio franchises to American Securities.

December 26, 2019

• Advised Arcapita on its acquisition of Waste Harmonics, a leading provider of waste and recycling management solutions.

December 19, 2019

• Advised Brookfield Infrastructure Group and Public Sector Pension Investment on their sale of Wind Energy Transmission Texas to Axiom Infrastructure.

November 27, 2019

• Advised Level 5 Capital on its sale of Corepower Yoga studio franchises to TSG Consumer Partners.

November 4, 2019

• Advised Eagle Merchant Partners on its sale of Chicken Salad Chick to Brentwood Associates.

August 30, 2019

• Advised Arcapita on its acquisition of Icon Investment Holdings, a manufacturer, servicer and installer of commercial signage.

July 8, 2019

• Advised BlueMountain Capital Management in connection with the sale of AdaptHealth Holdings to DFB Healthcare Acquisitions Corp. (NASDAQ: DFBH), a special purpose acquisition company sponsored by Deerfield Management.

June 19, 2019

• Advised Level 5 Capital Partners on its acquisition of Orangetheory Fitness studio franchises from affiliates of Michigan OT Partnership.

April 11, 2019

• Advised Brookfield Principal Credit ("BPC") on a transaction which resulted in BPC acquiring 85% of the limited partnership interests of Cardone Industries, a leading aftermarket auto parts manufacturer of new and remanufactured auto parts.

March 15, 2019

• Advised Northlane Capital Partners on its sale of Science Care to Levine Leichtman Capital Partners.

February 27, 2019

• Advised BlueMountain Capital Management in connection with its investment in common equity and subordinated debt of AdaptHealth Holdings.

January 28, 2019

• Advised Arcapita on its acquisition of Coastal Sign and Wayfinding, Inc., a manufacturer, servicer and installer of commercial signage.

Ray represents private equity and hedge funds, and counsels corporations, in merger and acquisition transactions, financings and related matters.

Mr. Baltz is a senior partner in King & Spalding’s Corporate, Finance and Investment Group and the former head of the Global Corporate Department.  Mr. Baltz has extensive experience representing private equity and hedge funds in a wide variety of matters. Mr. Baltz has handled private equity buyouts totaling over $20 billion in the past several years.  Mr. Baltz is an adept business lawyer who is especially skilled at structuring private equity acquisitions and investments involving middle-market companies and executing leveraged buyouts on behalf of institutional buy-side clients.  Mr. Baltz also is a member of the Southeast chapter of the Business Executives for National Security (BENS), and a former member of the Boards of Directors of Big Brothers Big Sisters and Buckhead Baseball.  

Key Clients:

Arcapita

Assured Investment Management

Brookfield Asset Management

Eagle Merchant Partners

Level 5 Capital Partners

Northlane Capital Partners

Red Dog Equity

Roark Capital

Slate Asset Management

Source Capital