Financial Advisors

Financial advisors to companies engaging in M&A transactions demand sophisticated legal advice on increasingly complex transactions and expect strategies to avoid potential legal, commercial, and reputational risks. Leading investment banks rely on us – and our experience as both in-house and outside counsel and our reputation as thought leaders – to quickly address issues before they become problems.

Alston & Bird has represented financial advisors to:

APA Corp. in its $4.5 billion acquisition of Callon Petroleum Co.
Aspen Technology Inc. in its $7.2 billion sale to Emerson Electric Co.
Kelly Services in its $425 million acquisition of Motion Recruitment Partners.
Marsh McLennan in its $7.75 billion acquisition of McGriff Insurance Services LLC.
Noble Corporation PLC in its $1.6 billion acquisition of Diamond Offshore Drilling Inc.
Seres Therapeutics Inc. in the $175 million sale of its VOWST business to Société des Produits Nestlé S.A.
Sharecare Inc. in its $518 million acquisition by Altaris LLC.
Sterling Check Corp. in its $2.2 billion sale to First Advantage Corporation.
Summit Materials in its $11.5 billion sale to Quikrete.
Sunoco LP in its $7.3 billion acquisition of NuStar Energy L.P.

Terex Corporation in its $2 billion acquisition of Dover Corporation’s Environmental Solutions Group (ESG).
Healthcare Realty Trust in its $7.75 billion business combination with Healthcare Trust of America.
Churchill Downs Inc. in its $2.485 billion acquisition of Peninsula Pacific Entertainment.
Sitio Royalties Corp. in its $4.8 billion merger with Brigham Minerals Inc.
AllianceBernstein in its $750 million acquisition of CarVal Investors.
GTY Technology Holdings in its $372 million sale to GI Partners.
Hoegh LNG Holdings in its $168 million acquisition of outstanding units of Hoegh LNG Partners.
Marrone Bio Innovations Inc. in its $236 million acquisition of Bioceres Crop Solutions.
Gesher I Acquisition, an Israel-based blank check company, in its $435 million acquisition of Freightos Limited.
Ocean Bio-Chem Inc. in its $125 million acquisition by OneWater Marine Inc.
Advance Publications Inc., a significant stockholder in Discovery, in Discovery’s $43 billion combination, via a Reverse Morris Trust transaction, with AT&T’s WarnerMedia.
Altus Midstream Company in its $9 billion acquisition of EagleClaw Midstream Services LLC.
Scientific Games in the $6.05 billion sale of its lottery business to Brookfield Business Partners, a business services and industrials company of Brookfield Asset Management.
Realty Income Corp in its $11 billion acquisition of VEREIT.
BA Sports Nutrition LLC in its $5.6 billion sale of the remaining 85% stake in the company to The Coca-Cola Company.
Hexion in its $2 billion sale to private equity firm American Securities.
Independence Energy in its $5.7 billion business combination with Contango Oil & Gas.
Altria on the $1.2 billion sale of Ste. Michelle Wine Estates to Sycamore Partners Management LP.
Desktop Metal Inc. in its $575 million acquisition of The ExOne Company.
The Andersons Inc. in the $550 million sale of its railcar leasing business to American Industrial Transport Inc.
Reliant Bancorp in its $517 million acquisition by United Community Banks.
Diamond S Shipping Inc. in its $416 million merger with International Seaways.
Fuze Inc. in its $250 million acquisition by 8x8 Inc.
Neenah Inc. in its €205 million acquisition of Global Release Liners.
Earthstone Energy Inc. in its $604 million acquisition of Chisholm Energy Holdings LLC.
Special purpose acquisition company CM Life Sciences II in its $1.23 billion acquisition of SomaLogic.
Special purpose acquisition company CM Life Sciences III in its $1.8 billion acquisition of pharmaceutical company EQRx.
TGR Financial in its $295 million acquisition by First Foundation Inc.
ANI Pharmaceuticals in its $163.5 million acquisition of Novitium Pharma.
Benefit Street Partners Realty Trust Inc. in its $707 million acquisition of Capstead Mortgage Corporation.
IEC Electronics in its $174 million sale to Creation Technologies Inc.
BurgerFi International in its $161.3 million acquisition of Anthony’s Coal Fired Pizza from L Catterton.
The Walman Optical Company in its sale to EssilorLuxottica.
Special purpose acquisition company Marquee Raine Acquisition Corp. in its $1.2 billion acquisition of Enjoy Technology Inc.
Special purpose acquisition company Legato Merger Corp. in its $1.7 billion acquisition by Ontario-based Algoma Steel.
Special purpose acquisition company Legato Merger Corp. II in its $493 million acquisition of Southland Holdings.
Griffin-American Healthcare REIT IV Inc. in its $4.2 billion merger with Griffin-American Healthcare REIT III Inc.
Special purpose acquisition company Reinvent Technology Partners Y in its $11 billion acquisition of Aurora Innovation.
The special committee of the board of directors of State Auto Financial Corporation in its $2.29 billion sale to Liberty Mutual Holding Company.
Special purpose acquisition company Motive Capital Corporation in its $2 billion acquisition of Forge Global.
Special purpose acquisition company Novus Capital Corporation II in its $1.1 billion acquisition of energy storage startup Energy Vault.
Special purpose acquisition company Tailwind Two Acquisition Corp. in its $1.58 billion acquisition of Terran Orbital.
SLR Senior Investment Corp in its $2 billion merger with SLR Investment Corp.
Huntington Ingalls Industries Inc. in its $1.65 billion acquisition of Veritas Capital portfolio company Alion Science and Technology.
Acies Acquisition Corp. in its $1.1 billion acquisition of PlayStudios Inc.
Hormel Foods Corporation in its $3.35 billion acquisition of Planters from the Kraft Heinz Company.
Coty Inc. in its majority sale of its professional beauty and retail hair businesses valued at $4.3 billion to KKR Funds.
Chevron Corporation in the acquisition of Noble Energy valued at $13 billion.
7-Eleven Inc. in its acquisition of Speedway LLC in a cash transaction valued at $21 billion.
Intercontinental Exchange in its acquisition of Ellie Mae for cash and stock valued at $11 billion.
Builders FirstSource Inc. in its acquisition of BMC Stock Holdings Inc. valued at $2.5 billion.
Concho Resources in its $9.7 billion sale to ConocoPhillips.

Contacts

Aaron R. Dixon

Partner

Atlanta

Phone: +1 404 881 7820

Email: aaron.dixon@alston.com

Stuart C. Rogers

Partner

New York

Phone: +1 212 210 9435

Email: stuart.rogers@alston.com

Highlights

                        Press Release

                        February 10, 2025

                        Alston & Bird Ranked a Top Counsel to Investment Banks in 2024
                    
                            Corporate Control Alert – a service of The Deal that provides analysis of key Delaware case law, trends in dealmaking, activism, and regulation – has ranked Alston & Bird second among counsel to financial advisors on U.S. M&A transactions with a value of $100 million or more announced between Jan. 1 and Dec. 31, 2024.

                        Press Release

                        August 15, 2024

                        Alston & Bird Ranked a Top Counsel to Investment Banks in the First Half of 2024
                    
                            Corporate Control Alert – a service of The Deal that provides analysis of key Delaware case law, trends in dealmaking, activism, and regulation – has ranked Alston & Bird third among counsel to financial advisors on U.S. M&A transactions with a value of $100 million or more announced between Jan. 1 and June 30, 2024.