Tim Schultz is an associate in the Mergers & Acquisitions Practice Group, and is resident in the New York office. Mr. Schultz represents corporate clients and private equity funds in domestic and global mergers, acquisitions and equity investments in a broad range of industries.
Representative matters include:
Representation of IFM Investors, an Australian institutional funds manager, in its acquisition of Buckeye Partners, L.P., a publicly traded master limited partnership which owns and operates a diversified global network of pipeline assets and midstream logistics solutions, in a transaction valued at US$10.3 billion enterprise value and US$6.5 billion equity value. The transaction was named "Private Equity Deal of the Year (Over US$10 billion)" by The M&A Advisor (2020).
Representation of Diamond S Shipping Inc., one of the largest publicly listed owners and operators of crude and product tankers, in its US$2 billion merger with International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products.
Representation of Altria Group, Inc. in the US$1.2 billion sale by its subsidiary, UST LLC, of its Ste. Michelle Wine Estates (Ste. Michelle) business to Sycamore Partners Management, L.P.
Representation of Toys "R" Us on WHP Global's significant minority investment in and strategic partnership with TRU Kids Parent LLC, parent company to the Toys "R" Us and Babies "R" Us brands.
Representation of Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, in its US$550 million minority investment in Oryx Midstream Services, the largest privately held crude operator in the Permian Basin, from an affiliate of Stonepeak Infrastructure Partners.
Representation of Lantheus Holdings, Inc. (NASDAQ: LNTH) in the US$500 million acquisition of Progenics Pharmaceuticals, Inc. (NASDAQ: PGNC).
Representation of Macquarie Infrastructure Partners in its acquisition of Lakeshore Recycling Systems, the largest private waste company in Illinois, specializing in recycling and waste diversion programs, roll-off container services, portable restroom rentals, mulch distribution, street sweeping, on-site storage options and comprehensive waste removal.