ProfessionalsScott M. Sontag

Scott M. Sontag
Partner
Tel: +1-212-373-3015
Fax: +1-212-492-0015
emailssontag@paulweiss.com
1285 Avenue of the Americas
New York,
NY
10019-6064
Fax: +1-212-492-0015
A partner and co-chair of the Tax Department, Scott M. Sontag is experienced in international and domestic transactions, including structuring and negotiating complex merger and acquisition and restructuring transactions for public companies and private equity funds and their portfolio companies. In addition, Scott advises clients extensively on transactions involving the formation and acquisition of real estate investment trusts (REITs) and on real estate acquisitions, dispositions and workouts.
EXPERIENCE
Scott’s experience includes his representation of:
- An informal committee of certain holders of second and third lien secured notes of Altegrity, Inc., a global risk and information services company that provides employment background screening and risk and information management services and solutions, as well as certain lenders of post-petition financing, in connection with Altegrity’s restructuring through a pre-arranged chapter 11 case;
- American Realty Capital Trust III, a publicly registered, non-traded real estate investment program, in its $2.2 billion acquisition by American Realty Capital Properties, a publicly traded real estate investment trust;
- Berkshire Partners, a Massachusetts-based investment firm, in its investment in Kendra Scott Design, Inc., a Texas-based fashion accessories brand;
- Bioverativ Inc., a Massachusetts-based biopharmaceutical company focused on therapies for hemophilia and other rare blood disorders, in its $11.6 billion acquisition by Sanofi;
- Caisse de dépôt et placement du Québec (CDPQ) in the approximately $6.7 billion acquisition of Sedgwick, a Tennessee-based provider of technology-enabled risk, benefits and integrated business solutions, by funds The Carlyle Group, CDPQ and Stone Point Capital from KKR;
- The Carlyle Group in:
- its investment in Bonotel Exclusive Travel, a luxury inbound tour operator; and
- the sale of its portfolio company Prime Clerk, a New York-based claims administrator, to Duff & Phelps, a New York-based valuation and corporate finance advisor.
- General Growth Properties (GGP) in several transactions related to its emergence from bankruptcy, including:
- a $2.3 billion common stock offering that was unique in that it involved an SEC-registered public equity offering conducted during the pendency of a chapter 11 case;
- a "resale shelf" registration to enable plan sponsors to freely sell shares of its stock subscribed for in the plan; and
- representation of The Howard Hughes Corporation (THHC), a new entity created to hold GGP’s portfolio of master planned communities and other strategic real estate development opportunities, in its spin-off from GGP as part of GGP's plan of reorganization.
- Harris Corporation, a Florida-based technology innovator, in the $690 million sale of its government IT services business to Veritas Capital, a New York-based private equity firm;
- Hunt Companies, Inc., a private company in the real estate and infrastructure markets, in connection with a $200 million committed minority equity investment in certain of Hunt's financial services and asset management businesses by affiliates of Gallatin Point Capital LLC, a private investment firm;
- International Business Machines Corp. in its $34 billion acquisition of Red Hat Inc., creating the world’s largest hybrid cloud provider;
- Lehman Brothers in the sale of its entire stake in Archstone, its single largest asset valued at more than $16 billion, a privately held owner, operator and developer of multifamily apartment properties, to real estate investment trusts Equity Residential and AvalonBay Communities, Inc., both publicly traded real estate enterprises focused on multifamily properties in the U.S.;
- Roark Capital Group, an Atlanta-based private equity firm focused on customer brands and multi-unit businesses, in several significant matters, including:
- its $725 million acquisition of International Car Wash Group, a car wash group with operations across Europe, the U.S. and Australia, from TDR Capital LLP, a London-based private equity firm; and
- its definitive agreement to acquire a majority interest in Jimmy John's Sandwiches, an Illinois-based fast-casual restaurant brand.
- NorthStar Realty Finance Corp., a New-York based REIT, in its sale of an approximately $1 billion joint venture interest in its $6.1 billion healthcare real estate portfolio to Taikang Insurance Group, a China-based insurance company;
- Ply Gem Holdings, Inc., a North Carolina-based building products manufacturer, in its approximately $2.4 billion acquisition by Clayton, Dubilier & Rice, a New York-based private investment firm; and
- Walter Energy, Inc., a leading producer and exporter of metallurgical coal for the global steel industry, in all aspects of its chapter 11 case.
Additional representative clients include Apollo Global Management, Ontario Teachers’ Pension Plan and VICE Media.
Scott is recognized as a leading lawyer by Chambers USA and The Legal 500 and has been named among the leading Bankruptcy Tax Specialists in the nation’s major law firms by Turnarounds and Workouts magazine. In 2013, he was named as one of five “MVPs” in the tax category by Law360 in its annual ranking of law firm partners who have demonstrated “exceptional work in transactions.” Scott was selected by Investment Dealer’s Digest for its annual “40 Under 40” list of the top up-and-coming professionals in the finance industry.
Scott is a Certified Public Accountant (CPA).
Related Resources
IRS Issues Final Regulations Providing Guidance on Taxation of Carried Interest from Investment Partnerships under Section 1061
- Jan 11, 2021
- Publications
IRS Issues Final Regulations Providing Guidance on Taxation of Carried Interest from Investment Partnerships under Section 1061
The IRS and the Treasury Department recently released final regulations on the scope and applicability of Section 1061 of the Internal Revenue Code.
Sagewind Capital Invests in Sigma Defense Systems
- Jan 06, 2021
- Client News
Sagewind Capital Invests in Sigma Defense Systems
Paul, Weiss advised Sagewind Capital LLC in its investment in Sigma Defense Systems LLC, a leading provider of airborne intelligence, surveillance and reconnaissance systems and sensors.
Catalent to Sell Sterile Liquids Packaging Business
- Jan 06, 2021
- Client News
Catalent to Sell Sterile Liquids Packaging Business
Paul, Weiss is advising Catalent, Inc. in the sale of its Blow-Fill-Seal (BFS) Sterile Contract Development and Manufacturing Business to funds advised by SK Capital Partners LP.
Driven Brands Closes $450 Million Securitization
- Dec 14, 2020
- Client News
Driven Brands Closes $450 Million Securitization
Paul, Weiss advised Roark Capital Group portfolio companies Driven Brands Funding, LLC and Driven Brands Canada Funding Corporation as co-issuers in the $450 million securitization of existing company-owned stores and franchise…
National General Sold to Allstate in $4 Billion Deal
- Jan 04, 2021
- Client News
National General Sold to Allstate in $4 Billion Deal
Paul, Weiss advised National General Holdings Corporation in its sale to the Allstate Corporation for approximately $4 billion in cash.
QuantiTech Acquires Systems Engineering Group
- Jan 04, 2021
- Client News
QuantiTech Acquires Systems Engineering Group
Paul, Weiss advised QuantiTech LLC, a portfolio company of Sagewind Capital LLC, in its acquisition of Systems Engineering Group, Inc. (SEG) from Griffon Corporation.
CKE Completes $400 Million Whole-Business Securitization
- Dec 21, 2020
- Client News
CKE Completes $400 Million Whole-Business Securitization
Paul, Weiss advised CKE Restaurants Holdings, Inc., the owner, operator and franchisor of Carl’s Jr. and Hardee’s Jr. quick-service restaurants, in its third series issuance under its whole-business securitization.
CDPQ Acquires Stake in Zevia
- Dec 21, 2020
- Client News
CDPQ Acquires Stake in Zevia
Paul, Weiss advised the Caisse de dépôt et placement du Québec (CDPQ) in its $200 million minority investment in Zevia, LLC, a U.S. company offering zero-calorie, naturally sweetened beverages in the U.S. and Canada.
Inspire Brands Acquires Dunkin’ Brands for $11.3 Billion
- Dec 15, 2020
- Client News
Inspire Brands Acquires Dunkin’ Brands for $11.3 Billion
Paul, Weiss advised Inspire in its acquisition of the parent company of Dunkin’ and Baskin-Robbins.
Piper Sandler to Acquire TRS Advisors
- Dec 09, 2020
- Client News
Piper Sandler to Acquire TRS Advisors
Paul, Weiss is advising TRS Advisors, an independent advisory firm founded by veteran restructuring banker Todd R. Snyder, in its sale to Piper Sandler Companies.
Berkshire Partners Acquires FoodChain ID
- Dec 09, 2020
- Client News
Berkshire Partners Acquires FoodChain ID
Paul, Weiss advised funds managed by affiliates of Berkshire Partners LLC in their acquisition of FoodChain ID, a food-safety and food-quality products and services business, from Paine Schwartz Partners.
Elanco Completes $1.65 Billion Secondary Offering of Common Stock
- Dec 03, 2020
- Client News
Elanco Completes $1.65 Billion Secondary Offering of Common Stock
Paul, Weiss advised Elanco Animal Health Incorporated, a premier global animal health company, in a secondary offering of 54,500,000 shares of its common stock by selling shareholder Bayer World Investments B.V., an indirect, wholly…
Wingstop Completes $480 Million Whole-Business Securitization
- Oct 27, 2020
- Client News
Wingstop Completes $480 Million Whole-Business Securitization
Paul, Weiss advised Wingstop Inc., an award-winning fast-casual restaurant chain with more than 1,200 locations worldwide, in its $480 million whole-business securitization.
Bojangles’ Completes $455 Million Whole-Business Securitization
- Nov 03, 2020
- Client News
Bojangles’ Completes $455 Million Whole-Business Securitization
Paul, Weiss represented Bojangles’ Famous Chicken ‘n Biscuits, an American regional chain of 750 restaurants in 11 states, in connection with its inaugural whole-business securitization.
Argo Group to Sell Lloyd’s Reinsurance Business to Pelican Ventures and J.C. Flowers
- Nov 02, 2020
- Client News
Argo Group to Sell Lloyd’s Reinsurance Business to Pelican Ventures and J.C. Flowers
Paul, Weiss is advising Argo Group International Holdings, Ltd. in the sale of its Lloyd’s of London reinsurance business, Ariel Re, to private equity investors Pelican Ventures and J.C. Flowers & Co.
Inspire Brands to Acquire Dunkin’ Brands for $11.3 Billion
- Oct 30, 2020
- Client News
Inspire Brands to Acquire Dunkin’ Brands for $11.3 Billion
Paul, Weiss is advising Inspire Brands, Inc. in its acquisition of Dunkin’ Brands Group, Inc., parent company of Dunkin’ and Baskin-Robbins, in a transaction valued at approximately $11.3 billion.
Brookfield and Simon, Lenders Agree to Acquire J.C. Penney Assets in Bankruptcy Sale
- Oct 28, 2020
- Client News
Brookfield and Simon, Lenders Agree to Acquire J.C. Penney Assets in Bankruptcy Sale
Paul, Weiss is advising Brookfield Asset Management, Inc and Simon Property Group in their agreement, announced October 28, to purchase certain assets of J. C. Penney Company, Inc. out of bankruptcy.
Apollo Funds to Sell Amissima Assicurazioni to Talanx
- Oct 23, 2020
- Client News
Apollo Funds to Sell Amissima Assicurazioni to Talanx
Paul, Weiss is advising funds managed by affiliates of Apollo Global Management, Inc. in their sale of Amissima Assicurazioni to HDI Assicurazioni, the Italian subsidiary of Germany-based insurer Talanx AG, and a leading non-life…
John Hancock Invests in ExteNet Systems
- Oct 15, 2020
- Client News
John Hancock Invests in ExteNet Systems
Paul, Weiss represents John Hancock Life Insurance Company (U.S.A) as lead investor in a consortium that will acquire approximately 30% of ExteNet Systems, a leading provider of mobility and fiber connectivity solutions, and the…
Lendlease to Sell Telecommunications Tower Platform to Apollo
- Oct 14, 2020
- Client News
Lendlease to Sell Telecommunications Tower Platform to Apollo
Paul, Weiss advised Lendlease, one of the world’s largest international property and investment groups, in the sale of a U.S. telecommunications platform to certain funds managed by affiliates of Apollo Global Management, Inc.
Maroon Group to Be Acquired by Barentz
- Oct 14, 2020
- Client News
Maroon Group to Be Acquired by Barentz
Paul, Weiss is advising Maroon Group, a global specialty chemical and ingredients distributor and portfolio company of CI Capital Partners, in its sale to Barentz International, a leading global life science distributor and portfolio…
IBM to Spin Off Managed Infrastructure Services Unit to Accelerate Hybrid Cloud Growth
- Oct 09, 2020
- Client News
IBM to Spin Off Managed Infrastructure Services Unit to Accelerate Hybrid Cloud Growth
Paul, Weiss is advising IBM in the separation of the market-leading Managed Infrastructure Services unit of its Global Technology Services division into a new public company.
Chatham Asset Management Acquires The McClatchy Company
- Sep 04, 2020
- Client News
Chatham Asset Management Acquires The McClatchy Company
Paul, Weiss advised Chatham Asset Management, LLC and its affiliated or managed funds in its approximately $325 million acquisition of substantially all of the assets of The McClatchy Company, a Sacramento-based publishing company…
Roark to Acquire ServiceMaster Brands in $1.5 Billion Deal
- Sep 02, 2020
- Client News
Roark to Acquire ServiceMaster Brands in $1.5 Billion Deal
Paul, Weiss is advising an affiliate of Roark Capital Group in its acquisition of the ServiceMaster Brands businesses of ServiceMaster Global Holdings, Inc., a leading provider of essential services to residential and commercial…
Roark Invests in US Sports Camps
- Aug 31, 2020
- Client News
Roark Invests in US Sports Camps
Paul, Weiss is advising affiliates of Atlanta-based private equity firm Roark Capital in an investment in US Sports Camps, the licensed operator of Nike Sports Camps and the nation’s leading youth sports camp company, serving more…
Paul, Weiss Advises Tricon in PIPE Investment by Blackstone-led Syndicate
- Aug 28, 2020
- Client News
Paul, Weiss Advises Tricon in PIPE Investment by Blackstone-led Syndicate
Paul, Weiss advised Tricon Residential Inc., a North American rental housing company, in a $300 million (C$395 million) preferred equity investment in the company by a syndicate of investors led by Blackstone Real Estate Income Trust, …
Roark Invests in Divisions Maintenance Group
- Aug 17, 2020
- Client News
Roark Invests in Divisions Maintenance Group
Paul, Weiss is representing Atlanta-based private equity firm Roark Capital in its investment in Divisions Maintenance Group. Divisions is a leading tech-based provider of integrated facilities maintenance services for prominent…
Driven Brands Acquires International Car Wash Group
- Aug 05, 2020
- Client News
Driven Brands Acquires International Car Wash Group
Paul, Weiss advised Driven Brands, the parent company of North America’s leading automotive service brands and a portfolio company of Roark Capital Group, in its acquisition of International Car Wash Group, the global leader in the…
IRS Issues Proposed Regulations Providing Guidance on Taxation of Carried Interest from Investment Partnerships under Section 1061
- Aug 04, 2020
- Publications
IRS Issues Proposed Regulations Providing Guidance on Taxation of Carried Interest from Investment Partnerships under Section 1061
The IRS and the Treasury Department recently released proposed regulations on the scope and applicability of Section 1061 of the Internal Revenue Code.
SPARC Submits Stalking-Horse Bid to Acquire Brooks Brothers
- Jul 23, 2020
- Client News
SPARC Submits Stalking-Horse Bid to Acquire Brooks Brothers
Paul, Weiss is representing global retail operator SPARC Group LLC in its $305 million stalking-horse bid to acquire Brooks Brothers as part of a court-supervised auction for America’s oldest apparel company.
Foresight Energy Emerges from Bankruptcy
- Jun 30, 2020
- Client News
Foresight Energy Emerges from Bankruptcy
Paul, Weiss advised Foresight Energy LP, a publicly held producer and marketer of thermal coal in the Illinois basin, in its successful chapter 11 reorganization.
Allstate to Acquire National General in $4 Billion Deal
- Jul 07, 2020
- Client News
Allstate to Acquire National General in $4 Billion Deal
Paul, Weiss is advising National General Holdings Corporation in its sale to the Allstate Corporation for approximately $4 billion in cash.
Sagewind Announces Investment in QuantiTech
- Jul 08, 2020
- Client News
Sagewind Announces Investment in QuantiTech
Paul, Weiss is advising Sagewind Capital LLC in its investment in QuantiTech LLC, a leading provider of highly technical engineering services and management support services for the federal government. Terms of the transaction were…
Paul, Weiss Advises Ad Hoc Group of Lenders in Windstream Restructuring
- Jun 25, 2020
- Client News
Paul, Weiss Advises Ad Hoc Group of Lenders in Windstream Restructuring
Paul, Weiss advised an ad hoc group of first lien lenders in connection with the chapter 11 restructuring of Windstream Holdings, Inc., a leading provider of advanced network communications and technology solutions.
Sandler Capital Completes $2 Billion Sale of Xplornet to Stonepeak Partners
- Jun 10, 2020
- Client News
Sandler Capital Completes $2 Billion Sale of Xplornet to Stonepeak Partners
Paul, Weiss advised Sandler Capital Management in the sale of its portfolio company Xplornet Communications Inc., a Canada-based broadband service provider, to Stonepeak Infrastructure Partners for an enterprise value of $2 billion.
CARES Act Update: Internal Revenue Service Disallows Deduction of Certain Expenses Funded with PPP Loan Proceeds
- May 07, 2020
- Publications
CARES Act Update: Internal Revenue Service Disallows Deduction of Certain Expenses Funded with PPP Loan Proceeds
The IRS recently issued a notice specifying that taxpayers that receive a loan under the CARES Act’s Paycheck Protection Program may not deduct business expenses funded with PPP loan proceeds to the extent the PPP loan is forgiven.
L3Harris Technologies Completes Sale of Airport Security Business to Leidos for $1 Billion
- May 04, 2020
- Client News
L3Harris Technologies Completes Sale of Airport Security Business to Leidos for $1 Billion
Paul, Weiss advised global aerospace and defense technology innovator L3Harris Technologies, Inc. in the sale of its airport security and automation business to Leidos Holdings, Inc. for $1 billion in cash.
Argo Group Completes Sale of Trident Public Risk Solutions
- Apr 30, 2020
- Client News
Argo Group Completes Sale of Trident Public Risk Solutions
Paul, Weiss represented Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, in the sale of its Trident Public Risk Solutions managing general agent to a subsidiary of…
Paul, Weiss Advises Diamond Offshore Drilling in Chapter 11 Cases
- Apr 26, 2020
- Client News
Paul, Weiss Advises Diamond Offshore Drilling in Chapter 11 Cases
Paul, Weiss is representing Diamond Offshore Drilling, Inc. and select subsidiaries in their voluntary chapter 11 petitions, filed in the U.S. Bankruptcy Court for the Southern District of Texas.
Roark Makes Strategic Investment in The Cheesecake Factory
- Apr 20, 2020
- Client News
Roark Makes Strategic Investment in The Cheesecake Factory
Paul, Weiss advised affiliates of Roark Capital in a $200 million convertible preferred investment in The Cheesecake Factory Incorporated.
Ontario Teacher’s Pension Plan Invests in Tierpoint
- Mar 24, 2020
- Client News
Ontario Teacher’s Pension Plan Invests in Tierpoint
Paul, Weiss is advising Ontario Teachers’ Pension Plan, Canada’s largest single-profession plan with more than $200 billion in net assets, on its agreement with a consortium of investors to make a preferred equity investment in St.…
General Electric Completes Sale of BioPharma Business to Danaher for $21.4 Billion
- Mar 31, 2020
- Client News
General Electric Completes Sale of BioPharma Business to Danaher for $21.4 Billion
Paul, Weiss advised General Electric in the sale of its BioPharma business to Danaher Corporation for $21.4 billion.
CARES Act: Federal Income Tax Relief for Individuals and Businesses in Response to the Coronavirus Pandemic
- Mar 27, 2020
- Publications
CARES Act: Federal Income Tax Relief for Individuals and Businesses in Response to the Coronavirus Pandemic
The CARES Act makes a number of significant changes to the federal income taxation of both individual taxpayers and businesses that are generally intended to provide near-term liquidity and economic relief.
Internal Revenue Service Postpones April 15 Federal Income Tax Payment and Tax Return Filing Deadlines
- Mar 22, 2020
- Publications
Internal Revenue Service Postpones April 15 Federal Income Tax Payment and Tax Return Filing Deadlines
On March 20, the Internal Revenue Service issued Notice 2020 18 postponing the April 15 federal income tax payment and tax return deadline to July 15, 2020. The Notice supersedes the relief previously issued in Notice 2020-17…
Internal Revenue Service Postpones Certain April 15 Federal Income Tax Payment Deadlines
- Mar 18, 2020
- Publications
Internal Revenue Service Postpones Certain April 15 Federal Income Tax Payment Deadlines
On March 18, the IRS announced that individual taxpayers would be allowed to defer up to $1 million and corporations would be allowed to defer $10 million of federal income tax payments (including federal estimated income tax…
Simon Property Group to Acquire Majority Stake in Taubman Centers for $3.6 Billion
- Feb 10, 2020
- Client News
Simon Property Group to Acquire Majority Stake in Taubman Centers for $3.6 Billion
Paul, Weiss is advising Simon Property Group in its acquisition of an 80% ownership interest in The Taubman Realty Group.
Apollo to Acquire Covis Pharma
- Feb 06, 2020
- Client News
Apollo to Acquire Covis Pharma
Paul, Weiss is advising funds managed by affiliates of Apollo Global Management LLC in their acquisition and related debt financing of global specialty pharmaceutical company Covis Pharma B.V. from Cerberus Capital Management.
Nova KBM Expands its Presence in Slovenia Through Acquisition of Abanka
- Feb 05, 2020
- Client News
Nova KBM Expands its Presence in Slovenia Through Acquisition of Abanka
Paul, Weiss advised Nova KBM d.d. and funds managed by Apollo Global Management, LLC affiliates in Nova KBM’s €444 million acquisition of Slovenia-based bank Abanka d.d. from the Republic of Slovenia.
Elanco Raises $1.3 Billion in Concurrent Common Stock and Tangible Equity Unit Offerings
- Feb 07, 2020
- Client News
Elanco Raises $1.3 Billion in Concurrent Common Stock and Tangible Equity Unit Offerings
Paul, Weiss advised Elanco Animal Health Incorporated, a premier global animal health company, in the concurrent offerings of 22,694,732 shares of common stock and 11,000,000 5.00% tangible equity units.
L3Harris Technologies to Sell Airport Security Business to Leidos for $1 Billion
- Feb 04, 2020
- Client News
L3Harris Technologies to Sell Airport Security Business to Leidos for $1 Billion
Paul, Weiss is advising global aerospace and defense technology innovator L3Harris Technologies, Inc. in the $1 billion all-cash sale of its airport security and automation business to Leidos Holdings, Inc.
TOMS Lenders Convert Debt to Equity, Infuse New Capital and Take Ownership of Company
- Dec 27, 2019
- Client News
TOMS Lenders Convert Debt to Equity, Infuse New Capital and Take Ownership of Company
Paul, Weiss advised TOMS Shoes’ term loan lenders in the conversion of approximately $300 million of secured term debt into equity and takeback debt in TOMS.
Driven Brands Acquires Clairus Group
- Nov 18, 2019
- Client News
Driven Brands Acquires Clairus Group
Paul, Weiss represented Driven Brands in its acquisition of Quebec-based Clairus Group, a provider of automotive glass distribution, replacement and claims management solutions.
Jack Cooper Ventures Successfully Sold, Completing Restructuring
- Nov 06, 2019
- Client News
Jack Cooper Ventures Successfully Sold, Completing Restructuring
Paul, Weiss advised Jack Cooper Ventures, Inc. and 18 of its subsidiaries and affiliates in their successful pre-negotiated restructuring transaction effecting the sale of the company’s assets to affiliates of certain prepetition…
Hunt Real Estate Capital to Be Acquired by ORIX USA
- Nov 04, 2019
- Client News
Hunt Real Estate Capital to Be Acquired by ORIX USA
Paul, Weiss is representing Hunt Companies, Inc. in the sale of its commercial real estate finance subsidiary Hunt Real Estate Capital, LLC to ORIX Corporation USA.
CI Capital Partners Acquires WTS International
- Oct 31, 2019
- Client News
CI Capital Partners Acquires WTS International
Paul, Weiss advised CI Capital Partners in its acquisition of a majority stake in WTS International from the company’s management.
IRS Revenue Procedure and Proposed Regulations Provide Modest Relief on Controlled Foreign Corporation Issues
- Oct 17, 2019
- Publications
IRS Revenue Procedure and Proposed Regulations Provide Modest Relief on Controlled Foreign Corporation Issues
The IRS and the Department of the Treasury recently issued Revenue Procedure 2019-40 and proposed regulations that modestly narrow the implications of the 2017 repeal of Section 958(b)(4) of the U.S. Internal Revenue Code.
By Light to Acquire Cole Engineering Services
- Sep 26, 2019
- Client News
By Light to Acquire Cole Engineering Services
Paul, Weiss is representing By Light Professional IT Services LLC, a portfolio company of our client Sagewind Capital LLC, in its acquisition of Cole Engineering Services, Inc., a developer of dynamic engineering programs, including…
IRS Proposes to Eliminate Taxpayer Favorable Safe Harbor for Corporations after Ownership Change
- Sep 12, 2019
- Publications
IRS Proposes to Eliminate Taxpayer Favorable Safe Harbor for Corporations after Ownership Change
On Monday, September 9, 2019, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released proposed regulations (the “Proposed Regulations”) under Section 382 of the U.S. Internal Revenue Code of 1986, …
GE Capital to Sell PK AirFinance to Apollo and Athene Holding
- Aug 29, 2019
- Client News
GE Capital to Sell PK AirFinance to Apollo and Athene Holding
Paul, Weiss is representing GE Capital and its GE Capital Aviation Services unit in their sale of PK AirFinance to Apollo Global Management, LLC and Athene Holding Ltd.
Elanco to Acquire Bayer’s Animal Health Business in $7.6 Billion Deal
- Aug 20, 2019
- Client News
Elanco to Acquire Bayer’s Animal Health Business in $7.6 Billion Deal
Paul, Weiss is representing Elanco Animal Health Incorporated in its $7.6 billion cash-and-stock acquisition of the animal health business of Bayer AG, creating the world’s second-largest animal health business.
Bioenergy Development Group Receives Investment From Newlight Partners
- Aug 08, 2019
- Client News
Bioenergy Development Group Receives Investment From Newlight Partners
Paul, Weiss is representing Bioenergy Development Group in its $106 million investment from Newlight Partners LP.
Hero Digital Acquires Bulldog Solutions
- Jul 22, 2019
- Client News
Hero Digital Acquires Bulldog Solutions
Paul, Weiss represented independent customer experience agency Hero Digital, a portfolio company of CI Capital, in its acquisition of Bulldog Solutions, Inc., a B2B marketing leader.
Epiphany Dermatology Acquires Vail | Aspen | Breckenridge | Glenwood Dermatology
- Jul 17, 2019
- Client News
Epiphany Dermatology Acquires Vail | Aspen | Breckenridge | Glenwood Dermatology
Paul, Weiss represented leading dermatology company Epiphany Dermatology, a portfolio company of CI Capital, in its acquisition of Vail | Aspen | Breckenridge | Glenwood Dermatology.
AmTrust Financial Services Sells AmTrust Mobile Solutions to Pacific Century Group
- Jul 12, 2019
- Client News
AmTrust Financial Services Sells AmTrust Mobile Solutions to Pacific Century Group
Paul, Weiss represented AmTrust Financial Services in the sale of AmTrust Mobile Solutions Singapore Pte. Ltd. to Crystal Atlas Limited, a subsidiary of Pacific Century Group.
IBM Completes Landmark $34 Billion Acquisition of Red Hat
- Jul 11, 2019
- Client News
IBM Completes Landmark $34 Billion Acquisition of Red Hat
Paul, Weiss advised International Business Machines Corp. in its all-cash acquisition of Red Hat Inc., creating the world’s largest hybrid cloud provider.
Massage Envy Announces $335 Million Whole-Business Securitization
- Jul 10, 2019
- Client News
Massage Envy Announces $335 Million Whole-Business Securitization
Paul, Weiss represented Massage Envy, LLC, a portfolio company owned by funds affiliated with Roark Capital Group, in connection with a whole-business securitization transaction.
Final and Proposed Regulations on Certain Income Inclusions Under the CFC Rules Related to Domestic Partnerships
- Jun 20, 2019
- Publications
Final and Proposed Regulations on Certain Income Inclusions Under the CFC Rules Related to Domestic Partnerships
The IRS and Treasury recently released proposed and final regulations that, among other things, change the way income inclusions work under the Subpart F and GILRI rules with respect to foreign corporations that are CFCs owned by…
Mortgage Assets Management to Acquire Stock and Assets of Reverse Mortgage Solutions
- Jun 17, 2019
- Client News
Mortgage Assets Management to Acquire Stock and Assets of Reverse Mortgage Solutions
Paul, Weiss advised Mortgage Assets Management, LLC and its affiliate in a stalking-horse purchase agreement to acquire the stock and assets of Reverse Mortgage Solutions, Inc., a subsidiary of Ditech Holding Corporation.
Triangle Petroleum Wins Chapter 11 Plan Confirmation
- Jun 14, 2019
- Client News
Triangle Petroleum Wins Chapter 11 Plan Confirmation
Paul, Weiss represented independent energy holding company Triangle Petroleum Corporation in its successful pre-packaged chapter 11 restructuring plan.
Barnes & Noble to Be Acquired by Elliott
- Jun 07, 2019
- Client News
Barnes & Noble to Be Acquired by Elliott
Paul, Weiss is representing the Board of Directors of Barnes & Noble, Inc., the nation’s largest bookseller, in the company’s approximately $683 million all-cash acquisition by Elliott Advisors (UK) Limited.
GCOM Software Acquires GANTECH
- Jun 03, 2019
- Client News
GCOM Software Acquires GANTECH
Paul, Weiss represented GCOM Software LLC, a portfolio company of Sagewind Capital, in its acquisition of GANTECH, Inc.
Final Regulations on Section 956 and “Deemed Dividends” from Controlled Foreign Corporations
- May 29, 2019
- Publications
Final Regulations on Section 956 and “Deemed Dividends” from Controlled Foreign Corporations
On May 22, 2019, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) released final regulations (the “Final Regulations”) under Section 956 of the U.S. Internal Revenue Code of 1986, as amended…
By Light Acquires Metova Federal
- May 17, 2019
- Client News
By Light Acquires Metova Federal
Paul, Weiss represented By Light Professional IT Services LLC, a portfolio company of our client Sagewind Capital LLC, in its acquisition of Metova Federal, LLC.
Chesapeake Lodging Trust to Be Acquired by Park Hotels & Resorts in $2.7 Billion Deal
- May 06, 2019
- Client News
Chesapeake Lodging Trust to Be Acquired by Park Hotels & Resorts in $2.7 Billion Deal
Paul, Weiss is representing real estate investment trust Chesapeake Lodging Trust in its approximately $2.7 billion acquisition by Park Hotels & Resorts Inc.
By Light Acquires Phacil
- Mar 25, 2019
- Client News
By Light Acquires Phacil
Paul, Weiss represented By Light Professional IT Services LLC, a portfolio company of our client Sagewind Capital LLC, in its acquisition of Phacil, Inc.
Preferred Sands In-Basin Facilities Acquired by Signal Peak Silica
- Feb 22, 2019
- Client News
Preferred Sands In-Basin Facilities Acquired by Signal Peak Silica
Paul, Weiss advised Preferred Sands, a leading producer of sand and resin coated proppants, in connection with a comprehensive restructuring transaction that included the restructuring of the Company’s indebtedness of more than $1.5…
General Electric to Sell BioPharma Business to Danaher for $21.4 Billion
- Feb 25, 2019
- Client News
General Electric to Sell BioPharma Business to Danaher for $21.4 Billion
Paul, Weiss is advising General Electric in the sale of its BioPharma business to Danaher for $21.4 billion.
PRA Acquires Koncept Events
- Feb 19, 2019
- Client News
PRA Acquires Koncept Events
Paul, Weiss represented leading business events management company PRA Events, Inc. in its acquisition of Koncept Events, a business events company serving South Florida, Mexico and the Caribbean.
Paul, Weiss Advises Second Lien Lender Group in Record-Setting Prepackaged Chapter 11 Restructuring
- Feb 07, 2019
- Client News
Paul, Weiss Advises Second Lien Lender Group in Record-Setting Prepackaged Chapter 11 Restructuring
Paul, Weiss advised an ad hoc group of prepetition second lien lenders in connection with the chapter 11 cases of FULLBEAUTY Brands Holdings Corp. and certain affiliates.
Prime Clerk to Be Acquired by Duff & Phelps
- Jan 31, 2019
- Client News
Prime Clerk to Be Acquired by Duff & Phelps
Roark Capital Acquires Fitness Connection
- Feb 04, 2019
- Client News
Roark Capital Acquires Fitness Connection
Paul, Weiss is representing Atlanta-based private equity firm Roark Capital in its acquisition of Fitness Connection from LNK Partners.
Maiden Holdings Completes Sale of U.S. Diversified Business to Enstar Group Limited
- Dec 27, 2018
- Client News
Maiden Holdings Completes Sale of U.S. Diversified Business to Enstar Group Limited
Paul, Weiss represented Bermuda reinsurance company Maiden Holdings, Ltd. in its sale of subsidiary Maiden Reinsurance North America, Inc. (Maiden Re North America), to Enstar Group Limited.
CDPQ, the Carlyle Group and Stone Point Acquire Sedgwick in $6.7 Billion Transaction
- Dec 31, 2018
- Client News
CDPQ, the Carlyle Group and Stone Point Acquire Sedgwick in $6.7 Billion Transaction
Paul, Weiss advised Caisse de dépôt et placement du Québec (CDPQ) in its acquisition, alongside funds managed by the Carlyle Group and funds affiliated with Stone Point Capital, of Sedgwick for approximately $6.7 billion.
Hero Digital Acquires Clock Four
- Dec 06, 2018
- Client News
Hero Digital Acquires Clock Four
Paul, Weiss represented leading independent customer experience agency Hero Digital, a portfolio company of CI Capital, in its acquisition of Clock Four, Inc., a digital innovation agency.
Tech Air Acquires Scully Welding Supply and Propane Service
- Dec 04, 2018
- Client News
Tech Air Acquires Scully Welding Supply and Propane Service
Paul, Weiss represented Tech Air in its acquisition of Scully Welding Supply Corporation and Scully Propane Service Corp.
Sagewind Capital Acquires The Athene Group
- Dec 06, 2018
- Client News
Sagewind Capital Acquires The Athene Group
Paul, Weiss represented Sagewind Capital in the acquisition, alongside Berenson Holdings LLC, of The Athene Group, a software and services company serving the wealth management industry.
PRA Acquires One Smooth Stone
- Dec 07, 2018
- Client News
PRA Acquires One Smooth Stone
Paul, Weiss represented PRA, a portfolio company of CI Capital Partners, in its acquisition of One Smooth Stone.
Impact Group Partners With E.A. Berg Associates
- Dec 07, 2018
- Client News
Impact Group Partners With E.A. Berg Associates
Paul, Weiss represented Impact Group, a portfolio company of CI Capital Partners, in its partnership with East Coast-based food broker E.A. Berg Associates.
AmTrust Financial Taken Private by CEO, Karfunkel-Zyskind Family and Stone Point Capital in $2.95 Billion Deal
- Nov 29, 2018
- Client News
AmTrust Financial Taken Private by CEO, Karfunkel-Zyskind Family and Stone Point Capital in $2.95 Billion Deal
Paul, Weiss represented Amtrust chairman and CEO Barry Zyskind and family members George Karfunkel and Leah Karfunkel, alongside Stone Point Capital LLC, in their buyout of insurer AmTrust Financial Services Inc.
Mitel Acquired by Searchlight Capital for $2 Billion
- Nov 30, 2018
- Client News
Mitel Acquired by Searchlight Capital for $2 Billion
Paul, Weiss represented Ottawa-based global telecommunications company Mitel Networks Corporation in its $2 billion all-cash acquisition by an investor group led by affiliates of Searchlight Capital Partners, L.P.
Farelogix to Be Acquired by Sabre
- Nov 14, 2018
- Client News
Farelogix to Be Acquired by Sabre
Paul, Weiss is representing Farelogix in its sale to Sabre Corporation. Farelogix is a leader and innovator in the travel industry, with technology that is modernizing the airline commerce and distribution landscape.
GCOM Software Acquires Three Sigma
- Nov 09, 2018
- Client News
GCOM Software Acquires Three Sigma
Paul, Weiss represented New York-based technology consulting firm GCOM Software LLC in its acquisition of Three Sigma Software.
Hunt Capital Makes Strategic Investment in Brean Capital
- Nov 08, 2018
- Client News
Hunt Capital Makes Strategic Investment in Brean Capital
Paul, Weiss represented leading U.S. real estate asset manager Hunt Capital Holdings in its strategic investment in Brean Capital, LLC, a full-service broker-dealer.
Paul, Weiss Advises Focus Brands in Bond Issuance
- Nov 09, 2018
- Client News
Paul, Weiss Advises Focus Brands in Bond Issuance
Paul, Weiss represented Focus Brands Inc., a portfolio company of Roark Capital Group, in connection with the issuance of $300 million in additional bonds under its existing whole business securitization facility.
New Proposed Regulations on Section 956 and “Deemed Dividends” from Controlled Foreign Corporations
- Nov 01, 2018
- Publications
New Proposed Regulations on Section 956 and “Deemed Dividends” from Controlled Foreign Corporations
On October 31, 2018, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released proposed regulations (the “Proposed Regulations”) under Section 956 of the U.S. Internal Revenue Code of 1986, as…
IBM to Acquire Red Hat in $34 Billion Deal
- Oct 28, 2018
- Client News
IBM to Acquire Red Hat in $34 Billion Deal
Paul, Weiss is advising International Business Machines Corp. in its all-cash acquisition of Red Hat Inc., creating the world’s largest hybrid cloud provider.
Roark Completes $6.5 Billion Fundraise for Two Funds
- Oct 24, 2018
- Client News
Roark Completes $6.5 Billion Fundraise for Two Funds
Paul, Weiss advised Roark Capital Group in the formation of two private equity funds: Roark Capital Partners V, Roark’s latest private equity flagship fund; and Roark Capital Partners II Sidecar, Roark’s first sidecar fund.
New IRS and Treasury Guidance on Qualified Opportunity Zone Program
- Oct 23, 2018
- Publications
New IRS and Treasury Guidance on Qualified Opportunity Zone Program
As part of the U.S. federal tax legislation enacted into law last year, Congress added provisions that provide tax benefits to encourage investments in designated low-income communities known as qualified opportunity zones (“QOZs”).
Impact Group Acquires Cluep
- Sep 18, 2018
- Client News
Impact Group Acquires Cluep
Paul, Weiss represented leading sales and marketing agency Impact Group, a portfolio company of CI Capital Partners, in its acquisition of digital advertising platform Cluep.
The Carlyle Group Along With CDPQ and Stone Point to Acquire Sedgwick in $6.7 Billion Transaction
- Sep 12, 2018
- Client News
The Carlyle Group Along With CDPQ and Stone Point to Acquire Sedgwick in $6.7 Billion Transaction
The Carlyle Group announced that an affiliate of funds it manages, along with Paul, Weiss client Caisse de dépôt et placement du Québec (CDPQ) and funds affiliated with Stone Point Capital, will acquire Sedgwick, the U.S.’s largest…
Marriott Vacations Worldwide Acquires ILG for $4.7 Billion
- Sep 06, 2018
- Client News
Marriott Vacations Worldwide Acquires ILG for $4.7 Billion
Paul, Weiss represented timeshare operator ILG Inc. in its $4.7 billion cash-and-stock sale to Marriott Vacations Worldwide Corporation (NYSE: VAC), creating a leading global provider of premier vacation experiences.
Getty Family to Acquire Majority Stake in Getty Images From The Carlyle Group
- Sep 04, 2018
- Client News
Getty Family to Acquire Majority Stake in Getty Images From The Carlyle Group
Paul, Weiss is representing the Getty family in its acquisition of a majority stake in Getty Images Inc. from The Carlyle Group.
Maiden Holdings Announces Sale of U.S. Diversified Business to Enstar Group Limited
- Aug 31, 2018
- Client News
Maiden Holdings Announces Sale of U.S. Diversified Business to Enstar Group Limited
Paul, Weiss advised Maiden Holdings, Ltd., a Bermuda reinsurance company, in the sale of Maiden Reinsurance North America, Inc. (Maiden Re North America), a subsidiary of Maiden Holdings, to Enstar Group Limited.
Salini Impregilo to Sell Plants & Paving Division to Eurovia
- Aug 20, 2018
- Client News
Salini Impregilo to Sell Plants & Paving Division to Eurovia
Paul, Weiss is representing Salini Impregilo S.p.A., an Italian construction company, in the sale of its U.S. Plants & Paving division to Eurovia SAS, a company of the Vinci Group, for a total of $555 million in cash.
Treasury Department Releases Regulations Concerning Section 199A
- Aug 24, 2018
- Publications
Treasury Department Releases Regulations Concerning Section 199A
Recently-enacted Section 199A allows individuals, trusts and estates to deduct up to 20% of “qualified business income” from certain businesses operated in pass-through form (the “Section 199A Deduction”), and is intended to provide…
Summit Companies Acquires A-1 National Fire Co.
- Aug 01, 2018
- Client News
Summit Companies Acquires A-1 National Fire Co.
Paul, Weiss represented Summit Companies, a portfolio company of CI Capital Partners, in its acquisition of substantially all of the assets of Las Vegas-based A-1 National Fire Co.
John Hancock to Acquire Interest in Phoenix Tower International
- Aug 01, 2018
- Client News
John Hancock to Acquire Interest in Phoenix Tower International
Paul, Weiss represented John Hancock Life Insurance Company (U.S.A.) in its acquisition of a 35 percent equity stake in Phoenix Tower International from funds managed by Blackstone Tactical Opportunities.
July 2018: Private Equity Digest
- Jul 23, 2018
- Publications
July 2018: Private Equity Digest
This edition of the Paul, Weiss Private Equity Digest continues our discussion of key considerations for private equity transactions resulting from the new tax law.
Epiphany Dermatology Acquires Arrowhead Dermatology
- Jun 26, 2018
- Client News
Epiphany Dermatology Acquires Arrowhead Dermatology
Paul, Weiss represented leading dermatology company Epiphany Dermatology in its acquisition of Arizona-based Arrowhead Dermatology, Inc.
Impact Group Acquires Co-Sales
- Jun 28, 2018
- Client News
Impact Group Acquires Co-Sales
Paul, Weiss represented Impact Group, a portfolio company of CI Capital Partners and a leading sales and marketing agency, in its acquisition of independent food brokerage company Co-Sales.
June 2018: Private Equity Digest
- Jun 18, 2018
- Publications
June 2018: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we discuss key considerations for private equity transactions resulting from the new tax law. This is part one of a two-part article.
Hunt Closes $200 Million Committed Equity Investment From Gallatin Point
- Jun 06, 2018
- Client News
Hunt Closes $200 Million Committed Equity Investment From Gallatin Point
Paul, Weiss advised Hunt Companies, Inc. in a strategic partnership with private equity firm Gallatin Point Capital LLC.
Impact Group Acquires Three Independent Food Brokers
- May 17, 2018
- Client News
Impact Group Acquires Three Independent Food Brokers
Paul, Weiss represented leading sales and marketing agency Impact Group, a portfolio company of CI Capital, in its acquisition of three independent food brokerage companies in Minnesota and Wisconsin: Impact Sales & Associates,…
Hero Digital Acquires MaassMedia
- May 17, 2018
- Client News
Hero Digital Acquires MaassMedia
Paul, Weiss represented customer experience company Hero Digital in its acquisition of MaassMedia.
Marriott Vacations Worldwide to Acquire ILG for $4.7 Billion
- Apr 30, 2018
- Client News
Marriott Vacations Worldwide to Acquire ILG for $4.7 Billion
Paul, Weiss is representing timeshare operator ILG in its $4.7 billion cash-and-stock sale to Marriott Vacations Worldwide, creating a leading global provider of premier vacation experiences.
Mitel to Be Acquired by Affiliates of Searchlight Capital for $2 Billion
- Apr 24, 2018
- Client News
Mitel to Be Acquired by Affiliates of Searchlight Capital for $2 Billion
Paul, Weiss is representing global leader in business communications Mitel Networks Corporation in its acquisition by an investor group led by affiliates of Searchlight Capital Partners, L.P. in an all-cash transaction valued at…
AmTrust Financial to be Taken Private by CEO, Karfunkel-Zyskind Family and Stone Point Capital in $2.7 Billion Deal
- Mar 01, 2018
- Client News
AmTrust Financial to be Taken Private by CEO, Karfunkel-Zyskind Family and Stone Point Capital in $2.7 Billion Deal
Insurer AmTrust Financial Services Inc. agreed to be taken private by Paul, Weiss clients Barry Zyskind, chairman and CEO of AmTrust, and family members George Karfunkel and Leah Karfunkel, along with a unit of Stone Point Capital…
Corfin Industries Acquired by Behrman Capital
- Feb 20, 2018
- Client News
Corfin Industries Acquired by Behrman Capital
Paul, Weiss represented Corfin Industries, LLC in its acquisition by New York- and San Francisco-based private equity investment firm Behrman Capital.
CGG Finalizes Implementation of Financial Restructuring Plan
- Feb 21, 2018
- Client News
CGG Finalizes Implementation of Financial Restructuring Plan
Paul, Weiss advised French oilfields services giant CGG S.A. in the successful implementation of its financial restructuring plan.
CI Capital Completes Sale of Galls to Charlesbank
- Feb 02, 2018
- Client News
CI Capital Completes Sale of Galls to Charlesbank
Paul, Weiss represented Galls, a leading supplier of public safety equipment and apparel, and CI Capital, in its sale to Charlesbank Capital Partners, LLC. Charlesbank's managed funds, together with members of the existing Galls…
Bankruptcy Court Approves Expro Prepackaged Chapter 11 Plan
- Jan 25, 2018
- Client News
Bankruptcy Court Approves Expro Prepackaged Chapter 11 Plan
Paul, Weiss represented oilfield services company Expro Holdings US Inc. and certain of its affiliates in connection with their prepackaged chapter 11 plan, which was approved by Judge David Jones of the Bankruptcy Court for the…
Ply Gem to Be Acquired by Clayton, Dubilier & Rice for $2.4 Billion
- Jan 31, 2018
- Client News
Ply Gem to Be Acquired by Clayton, Dubilier & Rice for $2.4 Billion
Paul, Weiss is representing Ply Gem Holdings, Inc, a leading manufacturer of exterior building products, in its acquisition by investment funds sponsored Clayton, Dubilier & Rice (CD&R), under which CD&R will acquire all…
Sanofi to Acquire Bioverativ for $11.6 Billion
- Jan 22, 2018
- Client News
Sanofi to Acquire Bioverativ for $11.6 Billion
Paul, Weiss is advising U.S. biopharmaceutical company Bioverativ Inc. in its proposed all-cash $11.6 billion acquisition by French pharmaceutical company Sanofi.
Hunt Companies Enters Into External Management Agreement With Five Oaks Investment Corp; Acquires 9.5% of the Company’s Outstanding Common Stock
- Jan 19, 2018
- Client News
Hunt Companies Enters Into External Management Agreement With Five Oaks Investment Corp; Acquires 9.5% of the Company’s Outstanding Common Stock
Paul, Weiss is representing affiliates of Hunt Companies, Inc. in their entry into an external management agreement with and equity investment in Five Oaks Investment Corp., a publicly traded REIT.
Hunt Companies Acquires Asset Management Businesses from MMA Capital; Enters into External Management Agreement and Private Placement Investment
- Jan 08, 2018
- Client News
Hunt Companies Acquires Asset Management Businesses from MMA Capital; Enters into External Management Agreement and Private Placement Investment
Paul, Weiss represented Hunt Companies, Inc. and its affiliates in a series of asset and equity transactions with MMA Capital Management, LLC (NASDAQ: MMAC).
Update on the Enactment of the Tax Cuts and Jobs Act
- Jan 03, 2018
- Publications
Update on the Enactment of the Tax Cuts and Jobs Act
On December 22, President Trump signed Public Law No. 115-97, formerly known as the “Tax Cuts and Jobs Act” (the “Act”), into law. In this memorandum, we summarize key provisions of the Act, including those concerning individuals,…
Expro Holdings Commences Prepackaged Chapter 11 Cases
- Dec 28, 2017
- Client News
Expro Holdings Commences Prepackaged Chapter 11 Cases
Paul, Weiss is representing oilfield services company Expro Holdings US Inc. and certain of its affiliates in connection with their “prepackaged” chapter 11 cases in the Bankruptcy Court for the Southern District of Texas.
Prime Clerk Receives Investment From Carlyle
- Dec 11, 2017
- Client News
Prime Clerk Receives Investment From Carlyle
Paul, Weiss represented New York-based claims and noticing administrator Prime Clerk in global asset manager The Carlyle Group’s strategic investment in the company.
CI Capital Sells IntraPac to ONCAP
- Dec 05, 2017
- Client News
CI Capital Sells IntraPac to ONCAP
Paul, Weiss represented IntraPac International Corporation, a portfolio company of CI Capital Partners, in its sale to an entity controlled by ONCAP Management Partners, L.P., the mid-market arm of Canadian private equity firm Onex…
Update on the Tax Cuts and Jobs Act
- Nov 14, 2017
- Publications
Update on the Tax Cuts and Jobs Act
The Senate Finance Committee released its draft of the Tax Cuts and Jobs Act on November 9. The Senate’s initial tax reform proposal differs substantially from the House version. We compare the two proposals, and also describe…
HCP Announces Series of Transactions to Diversify Its Portfolio
- Nov 02, 2017
- Client News
HCP Announces Series of Transactions to Diversify Its Portfolio
Paul, Weiss is representing healthcare REIT HCP, Inc. in a transaction with Brookdale Senior Living Inc. to restructure HCP’s portfolio of senior housing facilities that are leased, managed and/or jointly owned by Brookdale.
Introduction to the Tax Cuts and Jobs Act
- Nov 07, 2017
- Publications
Introduction to the Tax Cuts and Jobs Act
On November 2, 2017, House Ways and Means Committee Chairman Kevin Brady (R-TX) released a comprehensive tax reform bill titled the “Tax Cuts and Jobs Act,” on November 3, 2017 Chairman Brady proposed an Amendment in the Nature of a…
Dominion Diamond Corporation Completes $1.2 Billion Sale to The Washington Companies
- Nov 01, 2017
- Client News
Dominion Diamond Corporation Completes $1.2 Billion Sale to The Washington Companies
Paul, Weiss advised the special committee of Dominion Diamond Corporation in its $1.2 billion sale to The Washington Companies.
Lendlease and SoftBank Establish $5 Billion U.S. Telecom Infrastructure Joint Venture
- Oct 18, 2017
- Client News
Lendlease and SoftBank Establish $5 Billion U.S. Telecom Infrastructure Joint Venture
As reported in The Wall Street Journal and other media outlets, Paul, Weiss is representing Lendlease Group in its establishment of a $5 billion infrastructure joint venture with SoftBank Group to develop and own telecom…
Roark Capital Acquires Minority Stake in Culver’s
- Oct 15, 2017
- Client News
Roark Capital Acquires Minority Stake in Culver’s
As reported by Forbes and other media outlets, Paul, Weiss is representing Roark Capital Group in its acquisition of a minority stake in fast-casual restaurant chain Culver Franchising System, Inc.
Glenveagh Properties PLC Lists on the Irish and London Stock Exchanges
- Oct 13, 2017
- Client News
Glenveagh Properties PLC Lists on the Irish and London Stock Exchanges
Irish house-building company Glenveagh Properties PLC completed its listing on the Irish Stock Exchange and the London Stock Exchange and formally commenced trading, raising gross proceeds of €500 million, the second-largest IPO on…
Treasury Reveals Plans Regarding Certain 2016 Tax Rules, Including Disguised Sale and Debt/Equity Regulations
- Oct 10, 2017
- Publications
Treasury Reveals Plans Regarding Certain 2016 Tax Rules, Including Disguised Sale and Debt/Equity Regulations
The United States Department of the Treasury submitted its highly anticipated final report to President Trump announcing its plans to pare back eight tax regulations that it had previously identified in June of 2017 under Executive…
Mitel Completes Acquisition of ShoreTel
- Sep 25, 2017
- Client News
Mitel Completes Acquisition of ShoreTel
Paul, Weiss represented Mitel Networks Corporation in its $531 million all-cash acquisition of Sunnyvale, California-based communications solutions company ShoreTel, Inc.
Roark Capital to Acquire ICWG From TDR Capital
- Aug 24, 2017
- Client News
Roark Capital to Acquire ICWG From TDR Capital
Paul, Weiss is representing Roark Capital Group in its proposed acquisition of International Car Wash Group (ICWG) from TDR Capital LLP.
Hero Digital Acquires Delphic Digital
- Sep 07, 2017
- Client News
Hero Digital Acquires Delphic Digital
Paul, Weiss represented customer experience company Hero Digital, a portfolio company of CI Capital Partners, in its acquisition of Philadelphia-based Delphic Digital, a full service digital agency providing web design, web…
CI Capital Acquires AlliedPRA
- Aug 08, 2017
- Client News
CI Capital Acquires AlliedPRA
Paul, Weiss represented CI Capital Partners in its acquisition of AlliedPRA, a leading business events management company.
Impact Group Acquires Performance Sales and Marketing
- Aug 03, 2017
- Client News
Impact Group Acquires Performance Sales and Marketing
Paul, Weiss represented Impact Group, a leading sales and marketing agency for companies in the consumer packaged goods industry, in its acquisition of San Antonio-based Performance Sales and Marketing.
Mitel to Acquire ShoreTel for $530 Million
- Jul 27, 2017
- Client News
Mitel to Acquire ShoreTel for $530 Million
Paul, Weiss is representing Ottawa-based Mitel Networks Corporation in its proposed $530 million all-cash acquisition of Sunnyvale, California-based communications solutions company ShoreTel.
Jimmy John’s Closes $850 Million Whole Business Securitization
- Jul 07, 2017
- Client News
Jimmy John’s Closes $850 Million Whole Business Securitization
Paul, Weiss advised Roark Capital Group on the whole-business securitization of Jimmy John’s LLC, an operator of more than 2,600 fast-casual restaurants across the United States.
KKR Completes Acquisition of Angelica Corporation
- Jun 11, 2017
- Client News
KKR Completes Acquisition of Angelica Corporation
Paul, Weiss represented KKR in its $160 million acquisition of Angelica Corporation, a medical laundry services provider, via a combined credit bid and cash.
Mitel Completes Acquisition of Toshiba Unified Communications Systems Business Assets
- Jul 05, 2017
- Client News
Mitel Completes Acquisition of Toshiba Unified Communications Systems Business Assets
Paul, Weiss represented Mitel, a global leader of enterprise communications, in its acquisition of certain assets, inventory and support obligations from Toshiba Corporation’s Unified Communications business.
Vice Media Completes $450 Million Investment from TPG
- Jun 20, 2017
- Client News
Vice Media Completes $450 Million Investment from TPG
As reported in The Wall Street Journal and other media outlets, Paul, Weiss represented Vice Media Inc. in a $450 million investment by private equity firm TPG.
CDK Global Closes $600 Million Bond Offering
- Jun 07, 2017
- Client News
CDK Global Closes $600 Million Bond Offering
Paul, Weiss advised CDK Global, Inc., a leading provider of integrated information technology and digital marketing solutions to the automotive retail industry, in the issuance of $600 million of 4.875% senior notes due 2027.
CDPQ and KKR Complete $4.3 Billion Acquisition of USI Insurance Services
- May 16, 2017
- Client News
CDPQ and KKR Complete $4.3 Billion Acquisition of USI Insurance Services
Paul, Weiss represented Caisse de dépôt et placement du Québec (CDPQ) in its $4.3 billion joint acquisition, with KKR, of USI Insurance Services (USI) from Onex Corporation.
Tricon Completes Acquisition of Silver Bay
- May 09, 2017
- Client News
Tricon Completes Acquisition of Silver Bay
Paul, Weiss represented Tricon Capital Group Inc in its acquisition of Silver Bay Realty Trust Corp., a public REIT owner-operator of single-family rental homes in the U.S.
Harris Corporation Completes Sale of Its Government IT Services Business to Veritas Capital
- May 02, 2017
- Client News
Harris Corporation Completes Sale of Its Government IT Services Business to Veritas Capital
Paul, Weiss represented Harris Corporation in the previously announced sale of its government IT services business to Veritas Capital for $690 million in cash.
OTTP and Providence Equity Partners Sell Ascend Learning to Blackstone and CPPIB
- Apr 14, 2017
- Client News
OTTP and Providence Equity Partners Sell Ascend Learning to Blackstone and CPPIB
Paul, Weiss is representing the Ontario Teachers’ Pension Plan (OTTP) in its sale, alongside Providence Equity Partners, of education software company Ascend Learning, LLC.
Pivot Physical Therapy Acquires Tidewater Physical Therapy
- Apr 05, 2017
- Client News
Pivot Physical Therapy Acquires Tidewater Physical Therapy
Paul, Weiss represented Pivot Physical Therapy, a leading provider of physical therapy, sports medicine and aquatic therapy services, in its acquisition of Tidewater Physical Therapy, an outpatient physical therapy practice.
Impact Group Acquires Signature Specialty Sales & Marketing
- Apr 04, 2017
- Client News
Impact Group Acquires Signature Specialty Sales & Marketing
Paul, Weiss represented Impact Group, a leading sales and marketing agency for companies in the consumer packaged goods industry, in their acquisition of Signature Specialty Sales & Marketing, a sales and marketing agency based in …
Cornell Capital to Acquire World Kitchen
- Apr 03, 2017
- Client News
Cornell Capital to Acquire World Kitchen
Paul, Weiss is representing Cornell Capital LLC, a private investment firm, in its agreement to acquire WKI Holdings Company, Inc. (World Kitchen), a leading multinational manufacturer and marketer of housewares.
Pivot Physical Therapy to Acquire ProCare Physical Therapy
- Mar 22, 2017
- Client News
Pivot Physical Therapy to Acquire ProCare Physical Therapy
Paul, Weiss is representing Pivot Physical Therapy, a leading provider of physical therapy, sports medicine and aquatic therapy services, in its acquisition of ProCare Physical Therapy, an outpatient physical therapy practice.
CI Capital Partners Sells Material Handling Services
- Mar 10, 2017
- Client News
CI Capital Partners Sells Material Handling Services
Paul, Weiss represented CI Capital Partners in the sale of one of its portfolio companies, Material Handling Services (MHS), a leading national provider of mission-critical material handling equipment and facility services.
Maroon Group Acquires Lincoln Fine Ingredients
- Feb 28, 2017
- Client News
Maroon Group Acquires Lincoln Fine Ingredients
Paul, Weiss client Maroon Group, LLC, one of the fastest-growing specialty chemical distributors in North America, and a portfolio company of CI Capital, acquired Lincoln Fine Ingredients, Inc., a Rhode Island-based distributor of…
CI Capital Acquires Simplified Logistics
- Mar 06, 2017
- Client News
CI Capital Acquires Simplified Logistics
Paul, Weiss represented CI Capital Partners, a New York-based private equity firm, in its affiliate’s acquisition of a majority interest in Simplified Logistics, a leading North American provider of transportation management services. …
Mitel Networks Completes Sale of Mobile Division to Xura
- Feb 28, 2017
- Client News
Mitel Networks Completes Sale of Mobile Division to Xura
Paul, Weiss represented Mitel Networks Corporation in the sale of its mobile division to the parent company of Xura, Inc.
Tricon Capital to Acquire Silver Bay Realty Trust
- Feb 28, 2017
- Client News
Tricon Capital to Acquire Silver Bay Realty Trust
Paul, Weiss is representing Tricon Capital Group Inc. in its proposed $1.4 billion acquisition of Silver Bay Realty Trust Corp.
Transactional Real Estate: Investing in U.S. Real Estate Using Domestically-Controlled REITS
- Feb 15, 2017
- Publications
Transactional Real Estate: Investing in U.S. Real Estate Using Domestically-Controlled REITS
Real estate partner Mitch Berg and tax partner Scott Sontag published a quarterly real estate column in the February 15 issue of the New York Law Journal.
Impact Sales Acquires Harlow-HRK
- Dec 30, 2016
- Client News
Impact Sales Acquires Harlow-HRK
Paul, Weiss represented Impact Sales, LLC, a portfolio company of CI Capital Partners LLC, in its acquisition of Harlow-HRK Sales & Marketing, Inc.
Wellspring to Sell Tradesmen International
- Jan 03, 2017
- Client News
Wellspring to Sell Tradesmen International
Paul, Weiss is representing Tradesmen International, LLC, a Wellspring portfolio company, in its sale to private equity funds affiliated with Blackstone. Tradesmen is the leading agency-based provider of outsourced skilled…
Berkshire Partners Invests in Kendra Scott Design
- Dec 21, 2016
- Client News
Berkshire Partners Invests in Kendra Scott Design
Paul, Weiss is advising Berkshire Partners LLC, a Boston-based investment firm, in its minority investment in Kendra Scott Design, Inc., a leading fashion accessories brand. Kendra Scott will continue as majority shareholder and…
Great Lakes Caring Gets New Equity Partner in Blue Wolf Capital
- Nov 29, 2016
- Client News
Great Lakes Caring Gets New Equity Partner in Blue Wolf Capital
Paul, Weiss advised Great Lakes Caring Home Health and Hospice in an agreement with Blue Wolf Capital Partners.
Wellspring Capital Acquires Hoffmaster
- Nov 28, 2016
- Client News
Wellspring Capital Acquires Hoffmaster
Paul, Weiss represented Wellspring Capital Management LLC in its acquisition of Hoffmaster Group, a leading North American manufacturer of disposable tableware, from Metalmark Capital Holdings LLC.
NorthStar to Sell $1 Billion Stake in Health Care Portfolio
- Nov 08, 2016
- Client News
NorthStar to Sell $1 Billion Stake in Health Care Portfolio
Paul, Weiss is representing NorthStar Realty Finance Corp. in an agreement to sell a $1 billion joint venture interest in its health care real estate portfolio to Taikang Insurance Group. Taikang, a leading Chinese insurer, will have…
EarthLink and Windstream to Merge in $1.1 Billion Transaction
- Nov 07, 2016
- Client News
EarthLink and Windstream to Merge in $1.1 Billion Transaction
Paul, Weiss is representing EarthLink Holdings Corp. in its agreement to merge with Windstream Holdings, Inc. in an all-stock transaction valued at approximately $1.1 billion, including debt.
Collegium Capital Acquires Multifamily Property for Student Housing
- Oct 28, 2016
- Client News
Collegium Capital Acquires Multifamily Property for Student Housing
Paul, Weiss client Collegium Capital, an affiliate of Pebb Capital, completed an acquisition of 78 condominium units and 20 cooperative units in The Alabama, a multifamily property on East 11th Street in Manhattan.
Client Alert: Treasury Issues Final Debt/Equity Regulations, Tempers Controversial Approach Taken in Proposed Regulations
- Oct 28, 2016
- Publications
Client Alert: Treasury Issues Final Debt/Equity Regulations, Tempers Controversial Approach Taken in Proposed Regulations
On October 13, 2016, the U.S. Department of Treasury released the highly-anticipated final and temporary regulations under Section 385 of the Internal Revenue Code.
Client Alert: New Regulations Eliminate Leveraged Partnership Transactions, Modify Proposed Rules for Allocation of Partnership Liabilities
- Oct 19, 2016
- Publications
Client Alert: New Regulations Eliminate Leveraged Partnership Transactions, Modify Proposed Rules for Allocation of Partnership Liabilities
On October 5, 2016, the U.S. Department of Treasury and the Internal Revenue Service (together referred to as the "Service") finalized previously proposed regulations regarding the allocation of partnership liabilities and…
Pritzker Group to Acquire ProAmpac
- Oct 17, 2016
- Client News
Pritzker Group to Acquire ProAmpac
Pritzker Group Private Capital announced that it has agreed to acquire ProAmpac, a leading global flexible packaging company, from Paul, Weiss client Wellspring Capital Management.
Roark Acquires Great Expressions Dental Centers
- Sep 28, 2016
- Client News
Roark Acquires Great Expressions Dental Centers
Paul, Weiss client Roark Capital Group, an Atlanta-based private equity firm focused on customer brands and multi-unit businesses, announced that one of its affiliates has acquired Great Expressions Dental Centers, one of the…
Roark Capital Takes Majority Stake in Jimmy John’s
- Sep 08, 2016
- Client News
Roark Capital Takes Majority Stake in Jimmy John’s
Paul, Weiss is representing an affiliate of Roark Capital Group in its agreement to acquire a majority interest in Jimmy John's Sandwiches, one of the largest and fastest-growing fast-casual restaurant brands in the U.S. Terms of …
AMI Completes Debt Refinancing
- Aug 24, 2016
- Client News
AMI Completes Debt Refinancing
Paul, Weiss client American Media, Inc. (AMI), which owns and operates leading celebrity and lifestyle media brands in the United States, announced that it successfully completed the refinancing of its outstanding indebtedness…
Foresight Energy Completes Unique Out-of-Court Coal Company Restructuring
- Aug 30, 2016
- Client News
Foresight Energy Completes Unique Out-of-Court Coal Company Restructuring
Paul, Weiss client Foresight Energy LP, a publicly held producer and marketer of thermal coal in the Illinois basin, completed an out-of-court restructuring of more than $1.4 billion in debt pursuant to transaction support…
Wellspring Capital to Sell National Seating & Mobility to Court Square
- Aug 10, 2016
- Client News
Wellspring Capital to Sell National Seating & Mobility to Court Square
Paul, Weiss client Wellspring Capital announced that it has agreed to sell its portfolio company National Seating & Mobility, North America's premier complex rehab technology provider, to Court Square Capital Partners.
Client Alert: Treasury Proposes Changes to Tax-Free “Spin-Off” Rules
- Jul 21, 2016
- Publications
Client Alert: Treasury Proposes Changes to Tax-Free “Spin-Off” Rules
On July 14, 2016, the U.S. Department of Treasury issued proposed regulations and on July 15, 2016 the IRS issued Revenue Procedure 2016-40, both regarding the requirements for a tax-free spin-off pursuant to Section 355 of the…
Batteries Plus Bulbs Acquired by Freeman Spogli
- Jul 06, 2016
- Client News
Batteries Plus Bulbs Acquired by Freeman Spogli
Paul, Weiss represented Roark Capital in connection with the sale of Batteries Plus to Freeman Spogli & Co.
Cengage Learning Closes $620 Million Notes Offering and $1.96 Billion Credit
- Jun 07, 2016
- Client News
Cengage Learning Closes $620 Million Notes Offering and $1.96 Billion Credit
Paul, Weiss client Cengage Learning, a leading global provider of content and digital learning solutions, completed its private offering of $620 million aggregate principal amount of 9.500% senior notes due 2024.
CI Capital Acquires Majority Stake in Epiphany Dermatology
- Jun 20, 2016
- Client News
CI Capital Acquires Majority Stake in Epiphany Dermatology
Paul, Weiss client CI Capital Partners announced that it has indirectly acquired, through an affiliate, a majority interest in the practice management company for Epiphany Dermatology, a Texas-based operator of dermatology…
New York REIT to Combine With JBG Companies, Creating $8.4 Billion REIT
- May 25, 2016
- Client News
New York REIT to Combine With JBG Companies, Creating $8.4 Billion REIT
New York REIT, Inc. announced that it has agreed to acquire substantially all of the properties and management business of the JBG Companies and certain of its private funds.
HCP to Spin Off HCR ManorCare Into Publicly Traded REIT
- May 09, 2016
- Client News
HCP to Spin Off HCR ManorCare Into Publicly Traded REIT
As reported in The Wall Street Journal, Reuters and other media outlets, Paul, Weiss client HCP announced that its board of directors has unanimously approved a plan to spin off its HCR ManorCare portfolio of…
CI Capital Acquires Impact Sales
- May 04, 2016
- Client News
CI Capital Acquires Impact Sales
Paul, Weiss client CI Capital acquired Impact Sales, Inc., a Boise-based sales and marketing agency for consumer packaged goods manufacturers.
Client Alert: Treasury Issues Inversion Regulations, Proposes Sweeping Changes to Debt/Equity Classification
- Apr 11, 2016
- Publications
Client Alert: Treasury Issues Inversion Regulations, Proposes Sweeping Changes to Debt/Equity Classification
On April 4, 2016, as the most recent step in its ongoing battle against inversion transactions, the U.S. Department of Treasury issued both new temporary and proposed regulations addressing certain inversion and post-inversion…
Walter Energy Closes Sale of Alabama Assets to Warrior Met Coal
- Apr 01, 2016
- Client News
Walter Energy Closes Sale of Alabama Assets to Warrior Met Coal
Paul, Weiss client Walter Energy announced the close of the sale of substantially all of its core assets, comprising its Alabama coal assets, to Warrior Met Coal, LLC, an entity owned by the company's first lien creditors.
CI Capital Invests in Hero Digital
- Mar 21, 2016
- Client News
CI Capital Invests in Hero Digital
Paul, Weiss client CI Capital Partners announced that it had acquired, through an affiliate, a majority interest in Hero Digital, a leading digital consulting firm based in San Francisco.
Client Alert: Fiscal Year 2017 Budget Update
- Feb 10, 2016
- Publications
Client Alert: Fiscal Year 2017 Budget Update
On Tuesday, February 9, 2016, the White House released President Obama's Budget for Fiscal Year 2017.
Ontario Teachers’ Pension Plan Closes Investment in US Farm Trust
- Jan 29, 2016
- Client News
Ontario Teachers’ Pension Plan Closes Investment in US Farm Trust
Paul, Weiss client Ontario Teachers' Pension Plan, Canada's largest single-profession pension plan, closed its investment in US Farm Trust, a privately held real estate investment trust (REIT) that acquires and manages…
Update: PATH Act Enacts Notable Changes to REIT and FIRPTA Provisions
- Jan 05, 2016
- Publications
Update: PATH Act Enacts Notable Changes to REIT and FIRPTA Provisions
On Friday, December 18, 2015, President Barack Obama signed the "Protecting Americans from Tax Hikes Act of 2015" ("PATH Act").
ProAmpac Completes Acquisition of Coating Excellence International
- Dec 23, 2015
- Client News
ProAmpac Completes Acquisition of Coating Excellence International
Paul, Weiss client Wellspring Capital Management LLC announced that its portfolio company ProAmpac has completed its previously announced acquisition of Coating Excellence International (CEI), a flexible packaging and technical…
Client Alert: Extenders Bill Would Curtail OpCo-PropCo Spin-Off Transactions
- Dec 10, 2015
- Publications
Client Alert: Extenders Bill Would Curtail OpCo-PropCo Spin-Off Transactions
On Monday, December 8, 2015, House Ways and Means Committee Chairman Rep. Kevin Brady (R-Texas) introduced the "Tax Increase Prevention and Real Estate Investment Act of 2015" (the "Extenders Bill"). This bill, if enacted in its…
Wellspring Acquires AdvoServ
- Nov 24, 2015
- Client News
Wellspring Acquires AdvoServ
Paul, Weiss client Wellspring Capital Management LLC announced that it has acquired AdvoServ, a nationally recognized behavioral healthcare provider specializing in clinical, educational and residential services for children and…
Client Alert: New Guidance Takes Another Run at Inversions
- Nov 23, 2015
- Publications
Client Alert: New Guidance Takes Another Run at Inversions
In light of a resurgence of potential inversion activity, including stories about a possible Pfizer/Allergan merger, the Treasury Department and the Internal Revenue Service issued additional guidance that is generally intended…
Walter Energy Enters APA in its Restructuring
- Nov 05, 2015
- Client News
Walter Energy Enters APA in its Restructuring
Paul, Weiss is counsel to Walter Energy and its subsidiaries in their chapter 11 proceedings, filed on July 15 in the Bankruptcy Court for the Northern District of Alabama.
Client Alert: Changes to Partnership Audit Procedures May Increase Audit Activity
- Nov 03, 2015
- Publications
Client Alert: Changes to Partnership Audit Procedures May Increase Audit Activity
On Monday, November 2, 2015, President Obama signed the Bipartisan Budget Act of 2015 ("BBA"). The BBA significantly alters the rules governing partnership audits, most notably by imposing liability for audit…
Crestview Partners Makes Equity Investment in Arxis Capital
- Sep 30, 2015
- Client News
Crestview Partners Makes Equity Investment in Arxis Capital
Crestview Partners, a leading private equity firm, announced that funds that it manages have agreed to make an equity investment in Paul, Weiss client Arxis Capital Group, an electronic trading firm specializing in the automated…
Griffin-American Healthcare REIT III Joint Venture to Acquire Trilogy Health Services for $1.125 Billion
- Sep 15, 2015
- Client News
Griffin-American Healthcare REIT III Joint Venture to Acquire Trilogy Health Services for $1.125 Billion
Griffin-American Healthcare REIT III, Inc. (Griffin-American) announced that a joint venture formed between Griffin-American and NorthStar Healthcare Income Inc. agreed to acquire Trilogy Investors LLC, the parent company of…
Wellspring Capital Forms Leading Flexible Packaging Company
- Aug 19, 2015
- Client News
Wellspring Capital Forms Leading Flexible Packaging Company
Paul, Weiss client Wellspring Capital Management LLC, a New York-based private equity firm, announced the creation of a leading flexible packaging company through the merger of portfolio companies Prolamina Corporation and newly…
Wellspring Acquires Help At Home
- Aug 03, 2015
- Client News
Wellspring Acquires Help At Home
Paul, Weiss client Wellspring Capital Management LLC completed its acquisition of Help At Home, Inc., a home care provider delivering in-home care to seniors and persons with disabilities.
Client Alert: Management Fee Waiver Update - Treasury Issues Proposed Regulations Addressing Disguised Payments from Partnerships for Services
- Jul 24, 2015
- Publications
Client Alert: Management Fee Waiver Update - Treasury Issues Proposed Regulations Addressing Disguised Payments from Partnerships for Services
On Wednesday, July 22, 2015, the Treasury Department and the Internal Revenue Service (the "IRS") released proposed regulations on disguised payments from partnerships (including investment funds) for services (the "Proposed…
Shred-it to Be Acquired by Stericycle for $2.3 Billion
- Jul 15, 2015
- Client News
Shred-it to Be Acquired by Stericycle for $2.3 Billion
Stericycle, Inc. announced that it has entered into a definitive agreement to acquire privately held Shred-it International, a portfolio company of Paul, Weiss client Birch Hill Equity Partners Management Inc., for $2.3 billion…
Interactive Health to Be Acquired by Affiliate of FFL Capital Partners IV
- Jul 01, 2015
- Client News
Interactive Health to Be Acquired by Affiliate of FFL Capital Partners IV
The parent company of Paul, Weiss client Interactive Health Solutions, Inc., a leading provider of health services and a portfolio company of CI Capital Partners II, L.P., entered into a definitive agreement to be acquired by an…
A-T Solutions to be Acquired by PAE
- May 07, 2015
- Client News
A-T Solutions to be Acquired by PAE
Pacific Architects and Engineers Inc. (PAE), a leading provider of support for essential global missions of the U.S. government, announced that it has entered into a definitive agreement to acquire Paul, Weiss client A-T…
Mitel Networks Completes Acquisition of Mavenir Systems
- Apr 29, 2015
- Client News
Mitel Networks Completes Acquisition of Mavenir Systems
Paul, Weiss client Mitel Networks Corporation announced that it had completed its acquisition of Mavenir Systems, Inc. in a cash and stock deal with an aggregate value of approximately $560 million.
NorthStar Realty Finance to Acquire Independent-Living Facility Portfolio
- Apr 09, 2015
- Client News
NorthStar Realty Finance to Acquire Independent-Living Facility Portfolio
Paul, Weiss client NorthStar Realty Finance Corp. (NRF) has entered into a definitive agreement to purchase an $875 million portfolio of independent-living facilities from Harvest Facility Holdings. The purchase of the portfolio, …
Client Alert: March 2015 Private Equity Digest
- Mar 23, 2015
- Publications
Client Alert: March 2015 Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we look at tax considerations applicable to a buy-out of a pass-through entity.
HCP Announces $849 Million Acquisition of Private Pay Senior Housing Portfolio
- Mar 17, 2015
- Client News
HCP Announces $849 Million Acquisition of Private Pay Senior Housing Portfolio
Paul, Weiss client HCP, Inc. announced that it has entered into a definitive agreement to acquire from Chartwell Retirement Residences a portfolio of private pay senior housing communities for $849 million. The portfolio will be…
Grupo Salinas Completes $2.5 Billion Sale of Mexican Wireless Provider
- Jan 16, 2015
- Client News
Grupo Salinas Completes $2.5 Billion Sale of Mexican Wireless Provider
Paul, Weiss client Grupo Salinas completed the sale of Mexican wireless company Iusacell to AT&T for $2.5 billion, inclusive of Iusacell's debt. As part of the transaction, AT&T acquired all of Iusacell's wireless properties,…
Ontario Teachers’ Pension Plan Closes Equity Investment in Tierpoint
- Dec 02, 2014
- Client News
Ontario Teachers’ Pension Plan Closes Equity Investment in Tierpoint
Paul, Weiss client Ontario Teachers' Pension Plan, Canada's largest single-profession pension plan with more than $140 billion in net assets, announced the closing of an equity investment in St. Louis-based Tierpoint LLC, a…
TierPoint to Acquire Xand
- Oct 24, 2014
- Client News
TierPoint to Acquire Xand
TierPoint announced it has reached a definitive agreement with an affiliate of ABRY Partners to acquire Xand, a provider of colocation, cloud, disaster recovery and managed services in the Northeast United States The acquisition…
Suncor Energy Closes $750 Million Public Offering
- Nov 25, 2014
- Client News
Suncor Energy Closes $750 Million Public Offering
Paul, Weiss client Suncor Energy Inc. closed a U.S. public offering of $750 million of senior notes due 2024. Morgan Stanley, Citigroup, HSBC, BNP Paribas and RBS acted as joint bookrunning managers. Headquartered in Calgary,…
Portillo's Hot Dogs Closes Sale-Leaseback
- Nov 24, 2014
- Client News
Portillo's Hot Dogs Closes Sale-Leaseback
On November 24, Paul, Weiss client Berkshire Partners and its portfolio company Portillo's Hot Dogs closed a sale-leaseback of all of Portillo's owned properties in the Chicago metropolitan area and in Arizona. Portillo's sold 18 …