Recent Transactions

26-Jul-18
$NA
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Target: 

Walmart (Credit Card Assets)

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Acquiror: 
Capital One Financial Corporation

Advised Walmart Inc. on its new, long term credit card program agreement with Capital One Financial Corporation

17-May-18
$NA
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Target: 

Long-term lithium hydroxide offtake agreement with Tesla, Inc.

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Acquiror: 
Kidman Resources Limited

Advised Kidman Resources Limited, an ASX-listed hard rock lithium mining company with a 50% interest in the West Australian Mt. Holland lithium project, on a lithium hydroxide offtake agreement with Tesla, Inc., a global leader in electric vehicle, energy storage and solar panel design, development and manufacturing. The agreement is for an initial term of three years on a fixed-price take-or-pay basis and contains two 3-year term renewal options

31-Jan-18
$NA
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Target: 

Reliance Group

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Acquiror: 
Julius Bär Group Ltd.

Advised Julius Bär Group Ltd., a leading Swiss private banking group, on its 95% acquisition of Reliance Group, one of the largest independent Brazilian wealth management firms with client assets of approximately BRL 17 billion (USD 5.3 billion)

18-Dec-17
$1.1 billion
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Target: 

Cayan, LLC

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Acquiror: 
Total System Services, Inc.

Advised Total System Services, a provider of payment processing, merchant services and related payment services, on acquiring Cayan, a payment technology company focused on integrated solutions and merchant acquiring

13-Jul-17
$1.5 billion
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Target: 

L.L.Bean (Credit Card Assets)

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Acquiror: 
Citibank, N.A.

Advised  L.L.Bean Inc. on a strategic alliance relating to its credit card business with Citibank, N.A.

12-Jul-17
$227 million
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Target: 

Wells Fargo Share Registration & Service business

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Acquiror: 
Equiniti Group plc

Advised Equiniti Group plc, a UK based specialist technology outsourcer providing non-discretionary payment and administration services, on the acquisition of Wells Fargo's Shareowner Services business, and acted as joint sponsor to Equiniti's associated £122 million rights issue

23-Feb-17
$1.1 billion
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Target: 

Natural Resource Partners L.P.

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Advised Natural Resource Partners L.P., a publicly-traded master limited partnership that owns, manages and leases mineral properties in the United States, on a series of recapitalization transactions including the extension of NRP’s near-term debt maturities and the issuance of $250mm of new preferred equity capital to funds managed by Blackstone Tactical Opportunities and from several affiliates of GoldenTree Asset Management L.P.

12-Dec-16
$NA
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Target: 

Gradifi, Inc.

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Acquiror: 
First Republic Bank

Advised First Republic Bank, a provider of private banking, private business banking and private wealth management services, on the acquisition of Gradifi, a Boston-based technology and service platform used by employers to make direct contributions to employees’ student loans

01-Dec-16
$116 million
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Target: 

Rico

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Acquiror: 
XP Investimentos

Advised the founding shareholders of Rico, a leading independent online investment platform in Brazil, on its 100% sale to XP Investimentos, a Brazilian investment firm

22-Apr-16
$NA
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Target: 

Elavon do Brasil

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Acquiror: 
Stone Pagamentos

Advised Minneapolis-based US Bancorp, the fifth largest commercial bank in the United States, and the parent company of Elavon, Inc., in the sale of its 50.1 percent majority stake in São Paulo-based, Elavon do Brasil to Stone Pagamentos, a local market, privately-held merchant acquirer.

26-Feb-16
$NA
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Target: 

Policard

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Acquiror: 
Groupe Up

Advised Policard, one of the largest electronic payment companies in Brazil, on the combination of its business with the Brazilian operations of Groupe Up, one of the leading employee benefits, public, social and loyalty programs providers in the world

15-Dec-15
$4.3 billion
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Target: 

Heartland Payment Systems, Inc.

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Acquiror: 
Global Payments Inc.

Advised Heartland Payment Systems, Inc., one of the nation’s largest payment companies, on its sale to Global Payments Inc., a leading worldwide provider of payment technology services

28-Sep-15
$NA
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Target: 

Alcoa Inc.

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Advised Alcoa Inc. on its separation into two independent, publicly-traded companies

10-Sep-15
$NA
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Target: 

International Medical Group, Inc.

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Acquiror: 
ABRY Partners

Advised International Medical Group, Inc., a leader in the global insurance and assistance services market, on its sale to ABRY Partners

26-May-15
$2.2 billion
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Target: 

Nordstrom, Inc. (Credit Card Assets)

U.S.A., Canada flags
Acquiror: 
The Toronto-Dominion Bank Group

Advised The Toronto-Dominion Bank Group on its acquisition of Nordstrom, Inc.’s credit card assets

09-Mar-15
$1.5 billion
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Target: 

RTI International Metals, Inc

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Acquiror: 
Alcoa Inc.

Advised Alcoa Inc. on the acquisition of RTI International Metals, Inc., a leading producer and global supplier of titanium mill products and a manufacturer of fabricated titanium and specialty metal components, principally for the commercial aerospace and defense sectors

23-Feb-15
$NA
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Target: 

Softcard (JVL Ventures, LLC)

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Acquiror: 
Google Inc.

Advised Softcard, a joint venture of AT&T, Verizon and T-Mobile focused on mobile payments and commerce, on the sale of certain assets to Google

20-Feb-15
$800 million
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Target: 

GFI Group Inc.

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Acquiror: 
BGC Partners, Inc.

Advised the Special Committee of GFI Group Inc. on its sale to BGC Partners, Inc.

15-Dec-14
$NA
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Target: 

TITAL GmbH

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Acquiror: 
Alcoa Inc.

Advised Alcoa Inc. on the acquisition of TITAL GmbH, a privately-held German manufacturer of aluminum and titanium castings predominately for the aerospace and defense end markets

12-Nov-14
$175 million
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Target: 

Voya Financial, Inc.

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Acquiror: 
Voya Financial, Inc.

Advised the Independent Committee of the Board of Directors of Voya Financial, Inc. in connection with Voya Financial, Inc.’s repurchase of 4.5mm shares (aggregate repurchase of $175mm) from ING Groep N.V.

23-Oct-14
$NA
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Target: 

Boart Longyear Ltd.

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Advised the Board of Directors of Boart Longyear, the world’s leading supplier of drilling services and equipment for mining and drilling companies, on its strategic review process and subsequent comprehensive recapitalization transactions with certain affiliates of Centerbridge Partners, L.P.

03-Sep-14
$300 million
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Target: 

Voya Financial, Inc.

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Advised the Independent Committee of the Board of Directors of Voya Financial, Inc. in connection with Voya Financial, Inc.’s repurchase of 7.7mm shares (aggregate repurchase of $300mm) from ING Groep N.V.

26-Jun-14
$2.9 billion
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Target: 

Firth Rixson Limited

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Acquiror: 
Alcoa Inc.

Advised Alcoa Inc. on the acquisition of Firth Rixson Limited, a leading provider of highly engineered rings, industrial forgings and specialized metal products primarily to the aerospace industry

26-Jun-14
$2.7 billion
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Target: 

Frank Russell Company

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Acquiror: 
London Stock Exchange Group plc

Advised LSEG on the proposed acquisition of Frank Russell Company, the number one provider of benchmarks to US-focused equity funds and a leading provider of multi-asset class investment solutions, from Northwestern Mutual Life Insurance Company, including acting as Joint Sponsor to LSEG on its $1.6 billion rights issue

23-Jun-14
$690 million
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Target: 

Western World Insurance Group, Inc.

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Acquiror: 
Validus Holdings, Ltd.

Advised Validus Holdings, Ltd., a leading Bermuda-based provider of reinsurance, insurance, and insurance linked securities management, on its acquisition of Western World Insurance Group, Inc., a specialty US commercial insurer

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