Mergers and Acquisitions

Davis Polk is regularly involved in the largest and most complex M&A deals of the day. Clients – longstanding and new, large and small, global and domestic – come to us when the scope and strategic importance of a transaction calls for Davis Polk.

We have a long history of innovation and creative problem-solving. Our M&A lawyers bring sophisticated judgment, advice and client service to high-stakes transactions, including public and private deals, private equity transactions, joint ventures and strategic alliances, carveouts and divestitures, friendly and contested situations, leveraged buyouts and other types of transactions.

Our regulatory capabilities are increasingly important to our clients and complement our M&A transactional capability, including our antitrust and competition, FCPA, CFIUS, information privacy, and Asian investigations and enforcement practices.

Recognition

  • Chambers USA – Clients say: “‘Their work is excellent. I go to them for complicated matters. They are thoughtful and their drafting is strong.’ ‘A phenomenal firm, very good technical lawyers.’”

  • Legal 500 U.S – “Davis Polk’s supreme financing and capital markets expertise and its strong presence in the key global financial centers make it a leader for complex and cross-border mega deals.” 

Notable Matters

RECENT SELECTED MATTERS
  • PartnerRe. We advised PartnerRe, a global reinsurer, providing multi-line reinsurance to insurance companies, on its contested $11 billion merger of equals with AXIS Capital, a Bermudan global provider of specialty lines insurance and treaty reinsurance. The transaction creates a broadly diversified global specialty insurance and reinsurance company with expanded market presence, gross premiums above $10 billion and total capitalization above $14 billion.
  • Emera. We advised Emera, an energy and services company headquartered in Halifax, Nova Scotia that invests in electricity generation, transmission and distribution, on its $10.4 billion acquisition of TECO Energy, an energy-related holding company with regulated electric and gas utilities in Florida and New Mexico.

  • Ingram Micro. We have advised Ingram Micro, an Irvine, California-based provider of a full spectrum of global technology and supply chain services, on its pending $6 billion acquisition by Tianjin Tianhai, a subsidiary of China's HNA Group that focuses on logistic market segments and supply chain management.
  • SS&C Technologies. We advised SS&C Technologies, a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry, on its pending $2.7 billion acquisition of Advent Software, which has been providing portfolio management and accounting systems, straight-through processing and research management software.
  • First Wind. We advised First Wind, an independent renewable energy company focused on the development and operation of utility-scale renewable energy projects in the United States, on its $2.4 billion acquisition by SunEdison, which manufactures solar technology and develops, finances, installs and operates distributed solar power plants, and TerraForm Power, a renewable energy leader.
  • JPMorgan Chase. We have advised JPMorgan Chase & Co. on its sale of a portfolio of loans and other securities from J.P. Morgan’s Global Special Opportunities Group to Sankaty Advisors, the independently managed credit affiliate of Bain Capital and one of the world’s leading private managers of fixed income and credit instruments. The portfolio contains mezzanine loans in North America and Europe, as well as loans and related special situations investments in Australia and across Asia, with an aggregate value of approximately $1.3 billion.