A Haynes and Boone, LLP team lead by Partner Tom Harris represented Brookshire Grocery Co. (BGC) in its acquisition of Reasor’s LLC’s 17 grocery stores in Oklahoma.
The transaction was completed Jan. 25, 2022. With the acquisition, BGC now has more than 200 stores with close to 20,000 employee-partners serving Texas, Louisiana, Arkansas and Oklahoma.
“We are excited for the opportunity to work with the Reasor’s team and to serve the Tulsa community,” Brad Brookshire, Chairman and CEO for Brookshire Grocery Co., said in a statement. “We officially welcome Reasor’s employees, customers and the communities of Oklahoma to our BGC family. Reasor’s is such an incredible brand operated by some of the best retail folks in the industry.”
Harris, who organized and leads the firm’s M&A Practice, has been a trusted business advisor to clients for more than 30 years, helping clients successfully close hundreds of acquisitions, divestitures, and other corporate transactions, including growth capital investments. Cameron Scales and Kate Register, who are members of the firm’s M&A and Private Equity Practices, managed substantial portions of the transaction.
The lawyers were assisted by a broader Haynes Boone team, including:
Insurance: Partner David Taubenfeld
The Food Partners served as a financial advisor to BGC.
Haynes and Boone, LLP is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With 600 lawyers, Haynes Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It was recognized for excellence in the BTI Consulting Group’s 2021 “A-Team” report, which identifies the law firms that in-house counsel commend for providing superior client service.