• Howard T. Spilko is co-managing partner of Kramer Levin. He counsels and represents clients in domestic and cross-border mergers and acquisitions and joint ventures, with an emphasis on middle-market transactions. Howard works with a broad range of clients, from private equity firms, hedge funds and entrepreneurial ventures to large, well-known multinational companies.

    Howard has particular knowledge and experience in the strategic use of representations and warranties insurance in acquisitions and related claims. He helped develop those products more than 20 years ago, and advises numerous insurers on the underwriting of these policies, giving him a unique perspective on this practice.

    Both Chambers USA and Legal 500 US have repeatedly recognized Howard as a highly regarded practitioner in mergers and acquisitions and other transactional work, citing clients and industry observers who describe him as “a true partner who is able to really drive value through his guidance” (Chambers USA 2020); able “to digest and advise on complicated topics in a creative, measured and commercial manner” (Chambers USA 2018); “a shrewd negotiator with an ability to make complicated problems straightforward” whose “combination of knowing the legal skills, demeanor, style and tone is fantastic” (Chambers USA 2017); “excellent” and “a consistent, steady hand in negotiations” (Chambers USA 2016); and as a “strategic ally to clients; his willingness to go the extra mile is well known, and his low-key style belies his shrewdness as a negotiator” (Legal 500 US 2014). He has been commended over the years for his ability to “unlock hidden value in a deal, and steer transactions to successful closings with grace” and “bring both sides together in a difficult transactional environment,” and he has been described as an “entrepreneurial” and “accomplished” lawyer who has “great skills and is highly practical” and a “great draftsman and a great problem-solver” who “produces fair-priced, impeccable legal work.” Legal 500 US also noted his “particular knowledge of the strategic use of representations and warranties insurance during acquisitions” (Legal 500 US 2016), and Global M&A Network named him to its Top 50 Americas M&A Lawyer and Star Dealmakers lists in 2014.

    Among his most notable work, Howard has represented Stone Point Capital and its Trident funds in numerous acquisitions, dispositions and joint ventures; Perella Weinberg Partners and its Asset-Based Value funds in numerous transactions, investments and joint ventures, including the formation of Liberty Island, a joint venture with Prudential Mortgage to originate commercial mortgage loans; and Fortress Investment Group in multiple joint ventures, investments and acquisitions. He has represented American International Group in multiple transactions, including those involving several international finance platforms, and AmTrust Financial Services in its acquisition of CCP North America, a provider of tools and services for identity management and lifestyle solutions. Howard has also advised American International Group, Berkshire Hathaway, Euclid Transactional, Everest, QBE North America and The Hartford Group in connection with the underwriting and issuance of transactional insurance products and claims arising out of such policies.

    In addition to his work on behalf of clients, Howard is a member of the board of directors of the National Alliance on Mental Illness, New York City chapter. He also serves as a member of Kramer Levin’s Executive Committee and Planning Committee.

    Experience

    • Advised SitusAMC, the leading provider of services and technology supporting the real estate finance industry, in a strategic investment by The Public Sector Pension Investment Board.

    • Advised Stone Point Capital in the acquisition of the majority interest in First Associates Loan Servicing LLC. 

    • Advised Stone Point Capital in an agreement by which investment funds managed by Stone Point Capital acquired the Rialto Investment and Asset Management business from Lennar Corp.

    • Advised NXT Capital Inc., a provider of structured financing solutions, in its acquisition by Orix Corp. USA.

    • Advised Stone Point Capital in an agreement by which funds managed by Stone Point acquired Sabal Capital Partners LLC.

    • Advised Stone Point Capital and its Trident funds in an investment in Gordon Brothers Group LLC, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors. 

    • Advised Alliant Insurance Services, the largest specialty insurance brokerage firm in the U.S., in the acquisition of Crystal & Co., a leading global provider of insurance and employee benefits consulting services.

    • Advised Stone Point Capital and its Trident funds in the acquisition of the majority interest in Genex Services from funds advised by Apax Partners.

    • Advised Stone Point Capital and its Trident funds in the acquisition of Grace Hill, a leading provider of online training courseware and administration for the property management industry.

    • Represented Stone Point Capital in an agreement by which funds managed by Stone Point made an investment in Mitchell International Inc. and acquired KKR and Elliott Management’s equity position in the company.

    • Represented Stone Point Capital in its acquisition of LegalShield, a subscription-based provider of legal plans and a provider of identity theft solutions, from funds controlled by MidOcean Partners.

    • Advised Situs in its acquisition of MountainView Financial Solutions, a Denver-based provider of valuation, brokerage and risk management analytics for financial institutions.

    • Represented Ten-X, a leading online real estate marketplace, in a recapitalization transaction led by private equity firm Thomas H. Lee Partners.

    • Represented Stone Point Capital and its Trident funds in the acquisition of a majority stake in Focus Financial Partners, a leading partnership of independent, fiduciary wealth management firms.

    • Represented Oasis Outsourcing, a Florida-based professional employer organization (PEO), in its acquisition of CEP Inc., the controlling shareholder of Fortune Industries Inc. (OTC PINK: FDVF), a Tennessee-based PEO group.

    • Represented Stone Point Capital and its Trident funds in the acquisition of Bankruptcy Management Solutions, a provider of software and tools to trustees.

    • Represented Stone Point Capital and its Trident funds in the sale of SCS Capital.

    • Represented Situs Group in its acquisition of Collingwood Group and Hatfield Philips.

    • Represented Stone Point Capital and its Trident funds in the acquisition of NFP’s Advisor Services business, Kestra, a platform that provides services to registered representatives and investment advisers.

    • Represented Oasis Outsourcing, a Florida-based professional employer organization (PEO), in its acquisition of Doherty Employer Services, a Minneapolis-based PEO; A-1 HR, a Florida-based PEO; and DHR Services, an Arizona-based PEO.

    • Represented Preferred Concepts, an insurance brokerage firm, and its equity holders in the sale of Preferred Concepts to Alliant Insurance Services.

    • Represented Stone Point Capital and its Trident funds in the acquisition of Situs Group, a global provider of business and technology solutions for the real estate and financial services industries.

    • Represented Stone Point Capital and its Trident funds in the acquisition of Black Mountain Systems, a software company that provides technology solutions for asset managers and financial institutions.

    • Represented Stone Point Capital and its Trident funds in the acquisition of Oasis Outsourcing, the largest private professional employer organization in the United States and a provider of human resources to small and medium-sized businesses.

    • Represented Stone Point Capital and its Trident funds and Enhanced Capital in the formation of Tree Line Capital, a middle-market direct-lending platform.

    • Represented Stone Point Capital and its Trident funds in the acquisition of Long Term Care Group, a leading provider of business process outsourcing services in the long-term care insurance industry.

    • Represented Stone Point Capital and its Trident funds in the sale of a controlling interest in Edgewood Partners, a retail insurance broker, to Carlyle Group.

    • Represented Hodges-Mace Benefits Group, a provider of employee benefits enrollment and administration services, in its acquisitions of SmartBen and Continuous Health.

    • Represented Stone Point Capital and its Trident funds in the acquisition of Lancaster Pollard Holdings, a provider of real estate investment banking capabilities to borrowers in the senior living, community health care and affordable housing sectors.

    • Represented Stone Point Capital and its Trident funds, together with Dowling Capital Partners, in the acquisition of Hodges-Mace Benefits Group, a leading provider of employee benefits communication and enrollment services.

    • Represented Stone Point Capital and its Trident funds in the acquisition of a majority stake in Enhanced Capital Partners, which provides asset management and advisory services to lower-middle-market businesses.

    • Represented Stone Point Capital and its Trident funds in the acquisition of a majority stake in Verisight, a leading independent provider of record keeping and administrative services to U.S. retirement plans.

    • Represented Stone Point Capital and its Trident funds in the formation of NXT Capital.

    • Represented Stone Point Capital and its Trident funds, Preferred Concepts, and management in the sale of SeaFire Insurance, an insurance broker, to Marsh McLennan.

    • Represented Perella Weinberg Partners and its Asset-Based Value funds in numerous acquisitions, investments and joint ventures, including the formation of Liberty Island, a joint venture with Prudential Mortgage to originate commercial mortgage loans.

    • Represented Fortress Investment Group in multiple joint ventures, investments and acquisitions.  

    • Represented American International Group in numerous acquisitions and dispositions, investments, and joint ventures, including several dispositions involving international finance platforms.

    • Represented AmTrust Financial Services in its acquisition of CCP North America, a provider of tools and services for identity management and lifestyle solutions.

    • Represented Ten-X in its acquisition of businesses from CW Financial Services and LNR Property.

    • Represented Institutional Shareholder Services, the international proxy advisory firm, in its acquisition of IdealsWork.

    • Represented Traeger Wood Pellet Grills in its sale to Trilantic.

    Credentials

    Education

    • J.D., cum laude, University of Pennsylvania Law School, 1992
      • Editorial Board Member, University of Pennsylvania Journal of International Business Law
    • B.S., Accounting, summa cum laude, Binghamton University, 1989

    Bar Admissions

    • New York, 1993

    Professional Affiliations

    • American Bar Association, Business Law Section
    • National Alliance on Mental Illness of New York City, Board of Directors