The Association of Corporate Growth (ACG) in Houston has selected three Haynes and Boone, LLP M&A transactions as “Deal of the Year” finalists. The winners will be announced by video on Tuesday, April 28. To watch the video, click here
Two Haynes and Boone deals are finalists in the Consumer Products and Services category:
- Amtel Partners, LLC’s acquisition of Amtel, LLC
- Landry's acquisition of Del Frisco's Double Eagle Steakhouses and Del Frisco's Grilles
Another Haynes and Boone deal is a finalist in two categories – Cross-border Transactions; and Oil and Gas (over $500 million):
- Royal Dutch Shell plc’s Sale of Downstream Business in Argentina to Raizen.
ACG is a global community for middle-market M&A dealmakers and business leaders focused on driving growth. Read more about the firm’s transactions below.
Amtel Partners’ acquisition of Amtel:
A Haynes and Boone deal team led by John McGowan represented Amtel, LLC, a fast-growing T-Mobile Premium Retailer (TPR) based in Grapevine, Texas. Last year, the company was acquired by Amtel Partners, an investment vehicle sponsored by Houston-based Priest Equities, LLC. The transaction was financed through a $56 million senior credit facility and closed on Aug. 30, 2019.
Associates Chris Albert and Brent Beckert worked on the deal team.
Landry’s Acquisition of Del Frisco’s Steakhouse Brands
Partners Jennifer Wisinski, Paul Amiel and Sameer Saxena and a team of lawyers represented Landry’s and its owner Tilman J. Fertitta, in the acquisition by Landry's of the Del Frisco's Double Eagle Steakhouses and the Del Frisco's Grilles business from L Catterton, the largest and most global consumer-focused private equity firm, for an undisclosed price.
The deal team, led by Wisinski, Amiel and Saxena, included Haynes and Boone Partner Simin Sun and Associates Brent Beckert, Courtney Chouinard, Rachael Apfel, Brett Moore, and Camie Carlock. Partner Susan Wetzel and Associate Scott Thompson handled employee benefits and executive compensation matters and Partner Sam Lichtman handled tax aspects of the deal. Partner Monika Sanford and Associates Mitchell Heyland, Laura Shapiro and CJ Donald advised the client on financing the transaction.
Sale of Royal Dutch Shell's Downstream Business to Raízen
A Haynes and Boone team led by Partner Ricardo Garcia-Moreno represented Royal Dutch Shell and certain affiliates in the sale of its downstream business in Argentina to Raízen Combustiveis S.A. for U.S. $916 million in cash. The team also included Partners Patricia Mastropierro and Alberto de la Peña, Associate Valisa Berber-Thayer and others.
The sale included the Buenos Aires Refinery, around 665 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply and distribution activities in the country. The businesses acquired by Raízen will continue their relationships with affiliates of Shell through various commercial agreements negotiated in connection with such transactions with an estimated value of U.S. $300 million.
Haynes and Boone’s M&A Practice Group has comprehensive experience handling middle-market deals, having helped clients close more than 500 transactions in the last five years, with an aggregate value exceeding $40 billion. The firm routinely represents private equity firms, closely held corporations, founders, large financial institutions and Fortune 500 public companies. The M&A team prides itself on crafting strategic solutions that advance clients’ business objectives by anticipating and evaluating the roadblocks and opportunities that clients face on the way to closing a deal successfully.
The firm’s Finance Practice Group has handled hundreds of deals worldwide in recent years. The firm structures new and sophisticated financing vehicles that fit the business needs of its clients, and it brings together lenders and borrowers to make deals. The Loan Pricing Corporation Law Firm League Tables, a national ranking of law firms handling syndicated loan transactions on behalf of lead arrangers, agents, or borrowers, has consistently ranked Haynes and Boone among the top 15 firms in the U.S. in terms of total volume of syndicated loans handled by the firm on behalf of lenders.
Haynes and Boone 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 more than 575 lawyers, Haynes and Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It also ranks among the nation’s most recommended law firms by general counsel, according to BTI Consulting Group’s “Most Recommended Law Firms 2019” report.