Paul Tiger
Paul Tiger
Paul Tiger
Paul Tiger

Biography

Paul Tiger is a partner in White & Case's Global Mergers and Acquisitions Practice in the New York office.

Paul advises on complex public and private M&A transactions and private equity investments. He also has significant experience in joint venture and minority investment transactions and special committee representations. Both in connection with and separate from these transactions, Paul counsels c-suites and their boards on the most pressing issues facing companies, including shareholder activism, corporate governance and disclosure issues, and fiduciary duty considerations. He has also advised clients on de-SPAC transactions and PIPE financings.

Paul has significant experience advising on domestic and cross-border deals across a wide range of industries including manufacturing, automotive, building materials, chemicals, logistics and retail, while also leveraging his strong technology and energy transition experience for both TMT and industrial clients.

Paul has been recognized as a Dealmaker of the Year by The American Lawyer and has been described as "a standout partner" by the Legal 500. He has also been named among the 500 leading dealmakers in the United States by Lawdragon 500, a rising star for M&A by Law360, and among the leading lawyers for M&A and activism by the Legal 500 and IFLR1000.

Paul is a graduate of Stanford Law School, where he served as President of the Native American Law Students Association, and the University of Oregon.

Experience

Paul has advised clients on a number of significant transactions, including:

Public Company M&A*

JD Sports on its acquisition of Nasdaq-listed Hibbett, Inc. for an enterprise value of approximately $1.1 billion.

3D Systems on its announced unsolicited proposal to merge with Stratasys.

Aristocrat Leisure on its $1.2 billion acquisition of Nasdaq-listed Neogames.

Google on the $5.4 billion acquisition of publicly-traded Mandiant Inc., as well as related transactions with

Blackstone and other private equity sponsor holders of convertible preferred stock of Mandiant, and on a number of private acquisitions.

Li-Cycle on numerous transactions, including:

  • its follow-on $75 million senior secured convertible note placement to Glencore.
  • its adoption of a limited duration shareholder rights plan.
  • its entry into a strategic partnership with, and issuance of a $200 million convertible note to, Glencore.
  • its $100 million convertible notes issuance to Koch.
  • a $50 million PIPE investment by LG.
  • its $1.6 billion business combination with SPAC Peridot Acquisition Corp., including a $315 million PIPE.
  • its Series C financing.

Stagwell Media on its combination with MDC Partners, pursuant to which Stagwell acquired a 69% interest in MDC through an "Up-C" transaction structure.

Special Committee of Independent Directors of Emerald Holding on a $400 million convertible preferred stock PIPE led by Onex Corporation.

National Amusements (the Redstone family holding company) on its investments in CBS and Viacom, including the $30.5 billion merger to create ViacomCBS (now known as Paramount Global).

Dun & Bradstreet on its $6.9 billion "take-private" acquisition by a consortium led by CC Capital, Cannae Holdings, Bilcar, Black Knight and Thomas H. Lee Partners.

Kindred Healthcare on its $4.1 billion "take-private" acquisition by a consortium led by TPG Capital, Welsh Carson Anderson & Stowe, and Humana.

Tiffany & Co. on its entry into settlement agreements with JANA Partners and Francesco Trapani.

Cushman & Wakefield on Vanke's subscription for 4.9% of the outstanding shares in Cushman, and on its $831 million IPO.

Family Dollar Stores on its $9.3 billion acquisition by Dollar Tree for cash and stock and its rejection of a competing hostile tender offer by Dollar General.

Scientific Games on its $1.5 billion acquisition of NYSE-listed WMS Industries.

Alpha Natural Resources on its $8.5 billion acquisition of Massey Energy Company.

BlueMountain Capital on its proxy contest at PG&E.

TPG Specialty Lending (a TPG affiliate) on its proxy contests at TICC Capital.

Manitou BF S.A. on its successful tender offer and follow-on second-step merger to acquire Gehl Company.

Cascade Investment, LLC (the personal investment vehicle of Bill Gates) on various matters, including its buyout (together with Kingdom Hotels International and Isadore Sharp) of Four Seasons Hotels.

Strategic Transactions*

Honeywell International on its dual joint ventures with Tinci Materials focusing on the production, operation, and sales of liquid lithium hexafluorophosphate (LiPF6) and electrolytes used in the manufacture of lithium-ion batteries.

The Yokohama Rubber Company on its $905m acquisition of the Goodyear Tire & Rubber Company's off-the-road tire business.

ABB on its acquisition of the SEAM Group.

Mars on its acquisition of Hotel Chocolat Group plc.

Pearson plc on the sale of its international Online Program Management business, Pearson Online Learning Services, to an affiliate of Regent LP.

The London Stock Exchange Group on numerous transactions, including:

  • its acquisition of Acadia.
  • its acquisition of MayStreet.

Hapag Lloyd in its $1 billion acquisition of Chilean Sociedad Matriz SAAM, which operates a terminal business and provides associated logistics services in North, Central and South America, including five ports in Chile.

Holcim on numerous transactions, including:

  • its $1.29 billion acquisition of Duro-Last.
  • its $1.35 billion acquisition of Herbert Malarkey Roofing Company.

Stanley Black & Decker on numerous transactions, including:

  • its $3.2 billion sale of its global electronic security solutions and healthcare solutions businesses to Securitas.
  • its acquisition of MSUITE Corporation.
  • its acquisition of Advanced Turf Technology.
  • the divestiture of its PAC/GDX security business to Comelit.
  • as a stockholder of Evolv Technology on Evolv's $1.25 billion business combination with SPAC NewHold Investment Corp.
  • the divestiture of portions of its electronic security business to Securitas AB.
  • its $690 million purchase of the IES Attachments business.
  • its acquisition of 3xLogic.
  • the $725 million divestiture of its mechanical security businesses to dormakaba.
  • the $1.4 billion divestiture of its hardware and home improvement business to Spectrum Brands.
  • its purchase of CRC-Evans International.

Volkswagen on numerous transactions, including:

  • its investment in, and strategic partnership and related licensing arrangements with, 24M Technologies.
  • as significant minority shareholder, together with the other shareholders, of Austrian e-mobility provider, has.to.be gmbh. on its $295 million sale to NYSE-listed ChargePoint in exchange for cash and US public company stock.
  • as the largest stockholder of QuantumScape Corporation on QuantumScape's $3.3 billion business combination with SPAC Kensington Capital Acquisition Corp.
  • its $200 million Series F investment in QuantumScape and related joint venture arrangements.

Sandvik on numerous transactions, including:

  • its acquisition of PDQ Workholding LLC.
  • its acquisition of GWS Tool Group.
  • its acquisition of DWFritz Automation.

ICL on its acquisition of Compass Minerals' South American plant nutrition business.

Belden on the sale of its industrial cable business in Brazil to Yangtze Optical FC.

Royal Caribbean on the all-cash carve-out of its Azamara cruise line to Sycamore Partners, including its three-ship fleet and associated IP.

OCI N.V. on its announced $8 billion combination with CF Industries and in a $630 million equity investment by Consolidated Energy Limited in its greenfield methanol project in Beaumont, Texas in exchange for a 50% stake.

Google on its $2.9 billion divestiture of Motorola Mobility's handset business to Lenovo.

International Seaways on its $434 million acquisition of six "VLCC" vessels from Euronav NV in connection with Euronav's acquisition of Gener8 Maritime, Inc.

Roquette Freres S.A. on its acquisition of the Sethness Products Company.

Western Digital in its sale of Hitachi's 3.5" hard disk drive business in connection with its acquisition of Hitachi.

SABMiller on its U.S. joint venture with Molson Coors to form Miller Coors.

Private Equity*

A consortium led by TPG, PAG Asia Capital, and the Ontario Teachers' Pension Plan on its acquisition of Cushman & Wakefield and in the consortium's prior acquisitions of Cassidy Turley and DTZ.

TPG on various matters, including its purchase and subsequent $2 billion sale of Envision Pharmaceutical Services to Rite Aid Corporation and its investment in Creative Artists Agency.

Warburg Pincus in its acquisition of Endurance International Group.

TPG Sixth Street Partners (n/k/a Sixth Street Partners) on various private transactions.

The Raine Group on its investment in Vice Group Holding, the parent company of Vice Media.

Other Experience*

Barclays Capital on its acquisition of Lehman Brothers' North American investment banking and capital markets businesses, as well as its Manhattan headquarters and certain other real estate.

Nationstar Mortgage on its acquisition of the mortgage origination business of Greenlight Financial Services.

Codelco on its purchase of a 29.5% stake in Anglo American Sur and subsequent refinancing of a $1.87 billion acquisition loan.

JPMorgan Chase on its acquisitions of RBS Sempra Commodities' North American power and gas commodities operations and global oil, metals, agricultural, plastics and European energy commodities operations.

U.S. Bancorp on the contribution of the long-only asset management business of FAF Advisors to  Nuveen Investment.

ING on the sale of its U.S. broker-dealer business to Lightyear Capital.

Citigroup on its sale of Phibro to Occidental Petroleum.

OMX AB on its acquisition by The Nasdaq Stock Market in a deal valued at $3.7 billion.

Euronext NV on its $14 billion merger with the New York Stock Exchange.

Goldman Sachs & Co. on its role as financial advisor on various public and private transactions.

*Certain matters were worked on prior to joining White & Case.

New York
Oregon
JD
Stanford Law School
BA
University of Oregon
English

Dealmaker of the Year, The American Lawyer, 2023

500 Leading Dealmakers, Lawdragon 500, 2022-2021

Listed as a Rising Star by Law360

Service areas