Mergers and Acquisitions

Advised a global manufacturer/distributor of bolts, studs, and industrial fasteners on its acquisition of a manufacturer and distributor of high-performance bolting components. As one entity, the company is one of the first global manufacturers of safety-critical fastening applications with services spanning all key production processes, enabling the supply of products throughout Europe, North America, Asia, and North Africa. Due to the varying and numerous jurisdictions of the target’s subsidiaries, we were uniquely situated to manage the transaction on a wholesale basis, which resulted in deal efficiency and provided wholesale solutions for issues that arose in the transaction.

Represented an investment firm focused on renewable energy and clean technology opportunities, and an independent private markets investment and advisory firm, in connection with the US$298 million sale of 100% of the equity interests of an owner/operator of high-quality hydroelectric facilities throughout the United States.

Represented one of the largest investment managers in the United States on its acquisition of a 60% interest in a London headquartered asset manager providing investment management and stewardship services. The target is a well-known pioneer of integrated environmental, social, and governance principles-based investing. Our client acquired the stake from a pension scheme for a total purchase price of approximately US$340 million. The transaction represented a significant multi-jurisdictional expansion for both parties. The acquisition provided our client with an increasing number of equity and fixed income options, along with opening up new geographic markets by leveraging the target’s strong client base in Europe and Asia. The target gained new substantial distribution opportunity into the U.S. market where the ESG investing model continues to grow and define new product development.

Represented two Taiwan-based companies engaged in solar energy project investment and construction in the sale of 100% of the shares of solar assets in their portfolio comprising 14 projects in Taiwan a Los Angeles, California-headquartered company that provides a range of investment and risk management services to institutional and retail clients worldwide. Also represented the clients in the negotiation of related post-closing long-term commercial agreements.

Represented a global leader in digital reality solutions in its acquisition of a global supplier of integrated autonomous vehicle solutions. Required the involvement of numerous offices and many subject matter experts, including with respect to antitrust, employment benefits, intellectual property, labor, M&A, real estate, tax, and transportation regulation.

Advised a leading provider of water and wastewater treatment solutions on an agreement to divest its membrane product line. Provided legal support on four continents in this complex, cross-border carveout. The transaction closed in Q4 2019, subject to receipt of regulatory approvals and other customary closing conditions.

Represented a Canada-headquartered manufacturer of thermoplastic piping systems in its cross-border acquisition of a U.S.-based manufacturer of plastic pipe products that operates state-of-the-art production facilities in North Carolina, Oklahoma, and Florida. With this acquisition, our client increased its market position in the U.S. with an expanded product portfolio serving a broader client base.

Represented a leading U.S.-based company engaged in shipbuilding and repair and complex fabrication on the sale of 100% of its outstanding membership interests (held by four separate sellers) to two private equity firms. The transaction was part of a combined purchase by the buyer of both our client and a Virginia-based major marine repair and conversion contractor.

Advised a manufacturer of aerospace components in connection with the carve-out disposition of its industrial distribution business to a middle-market private equity firm for US$700 million in cash, excluding working capital adjustments. Worked closely with the client and its financial advisors to complete this transaction following an auction process.

Advised a global technology services provider on its acquisition of the entire issued share capital of a publicly traded provider of cloud-based portfolio analytics, asset data services, and data management tools for the global asset management industry and asset management service providers by a wholly owned subsidiary of our client, by way of a court-approved scheme of arrangement.

Represented a global leader in engineered materials and optoelectronic components in its acquisition of a leading optical communications developer in a cash and stock transaction valued at approximately US$3.2 billion, and in the client's related US$2.4 billion syndicated acquisition financing. The strategic merger created a new company that was positioned to take a primary role in developing and manufacturing next-generation technologies used in new markets such as 5G telecommunications, 3D sensing, cloud computing, and autonomous and electric cars.  

Represented a long-term owner/investor on the acquisition of a majority stake in a healthcare product specialty distributor from a strategic healthcare investor and the target's founder. The acquisition consisted of our client injecting US$513 million in equity financing for an 86 percent ownership of the distributor. The remainder of the enterprise value was financed by external debt and equity participation from the strategic investor, the founder, and the target’s management group and board of directors.

Represented a leading nextgen commerce event on a variety of legal matters. Also represented client's founder on several ventures/exits, including the sale of a leading fintech conference focused on the payments industry to an international B2B events and trade exhibitions company; the sale of a mobile payments technology company to multinational technology company; and the sale of an Internet software and services company to a provider of payment services.

Represented a multinational technology company in connection with its US$1 billion equity investment in a company striving to develop secure, trustworthy, and ethical artificial general intelligence to serve the public. With the investment, our client and the target have partnered to further extend our client’s capabilities in large-scale AI systems.

Represented two leading United States conferences for the retail, grocery, and consumer packaged goods industries in connection with their US$145 million sale to a United Kingdom public company.

Advised a German automotive parts manufacturer, and its Australian subsidiaries, on the acquisition of the one of Australia's largest tyre retailers, which was subject to the parties receiving approvals from the Foreign Investment Review Board and the Australian Competition and Consumer Commission.

Represented a Charlotte, North Carolina-based private equity investment firm in connection with its acquisition of a leading provider of air handling and materials handling equipment and related equity and debt financings. The acquisition was funded with equity investments from a buyout fund and various co-investors and debt financing provided by third-party lenders.