McGuireWoods Advises Tesoro Logistics in $2.5 Billion Acquisition of QEP Resources’ Midstream Business

Monday, October 27, 2014

McGuireWoods lawyers from the firm’s Houston and Chicago offices advised Tesoro Logistics LP in its $2.5 billion acquisition of QEP Resources Inc.’s natural gas pipeline and processing business, the latest in a series of major asset acquisitions McGuireWoods has negotiated for the Fortune 100 energy company.

Tesoro Logistics is an affiliate Tesoro Corp., which operates six petroleum refineries in the western United States with a combined capacity of more than 850,000 barrels per day. Its acquisition of QEP Field Services includes strategically located, high-quality natural gas pipelines and processing facilities in the Rockies, the Uinta Basin and North Dakota. The acquisition of QEP Field Services will enable Tesoro Logistics to offer integrated crude oil and natural gas services throughout its geographic footprint. The transaction is expected to close in the fourth quarter of 2014 and is subject to regulatory approval. More >>

Tags:  McGuireWoods LLP | Chicago | Houston

Kirkland Advises Vista Equity Partners in Formation and Fundraising of Vista Equity Partners Fund V

Wednesday, October 22, 2014

Kirkland represented Vista Equity Partners in the formation and fundraising of Vista Equity Partners Fund V, its fifth flagship fund, which completed its fundraising six months early and announced its final closing on October 15, 2014. With Kirkland’s assistance, Fund V far exceeded its $3.5 billion target, raising in excess of $5.775 billion in limited partner commitments. Investors in Fund V include significant commitments from Fund IV limited partners as well as new corporate limited partners, public pension plans, non-U.S. pension funds and sovereign wealth funds, foundations and high-net-worth individuals, including many Vista portfolio company executives. Target investments, for which Vista routinely retains Kirkland as counsel, will focus on middle and upper-middle market enterprise software companies. More >>

Tags:  Kirkland & Ellis LLP | Chicago | Houston | Los Angeles | New York

Mayer Brown advises Milestone Aviation Group and a consortium of financial investors in Milestone’s $1.775 billion sale to GE Capital

Thursday, October 16, 2014

Mayer Brown represented Dublin-based helicopter lessor The Milestone Aviation Group and a consortium of financial investors led by private equity firm The Jordan Company in Milestone’s $1.775 billion stock sale to GE Capital Aviation Services, the aircraft leasing unit of GE. Milestone is the world’s largest helicopter-leasing company by fleet value and the first global aircraft operating lease company focused exclusively on the helicopter market. Mayer Brown also represented the financial investors in initially forming Milestone in 2010 and in multiple capital raising transactions. More >>

Tags:  Mayer Brown LLP | Chicago | London | New York | Washington

Nixon Peabody completes a major practice expansion in Chicago

Wednesday, October 15, 2014

Nixon Peabody is making a big move that significantly diversifies its services in Chicago. William Meyer, Jr., and Randolph Perkins have moved their corporate and litigation practices to Nixon Peabody from Schiff Hardin.

“Having the ability to provide a broader portfolio of services in Chicago is a key focus for our firm because many of our clients are based there,” said Andrew I. Glincher, CEO and managing partner of Nixon Peabody LLP. “Bill and Randy are innovative in their approach to client service, entrepreneurial in their thinking about their businesses, and team-oriented—all qualities that our firm and our clients value. They are a great fit with our focus on helping clients advance their legal and business strategies.” More >>

Tags:  Nixon Peabody LLP | Chicago

DLA Piper represents Pacific DataVision in equity raise and acquisition of spectrum licenses

Tuesday, September 30, 2014

DLA represented Pacific DataVision, Inc., a provider of mobile workforce management solutions, in a 144A offering of shares of its common stock worth US$218 million. The firm also represented Pacific DataVision in its US$100 million acquisition of FCC spectrum licenses from Sprint Corporation, as well as its licensing transaction of US$17.5 million by Motorola Solutions, Inc. More >>

Tags:  DLA Piper | Chicago | New York | San Diego

Swanson, Martin & Bell, LLP Merges with Missouri Firm, Opens St. Louis and Madison County Offices

Thursday, September 25, 2014

Swanson, Martin & Bell, LLP, one of Chicago’s leading trial firms, has merged with longtime St. Louis and Madison County litigation defense firm Kernell Law Firm, P.C.

The lawyers of the highly regarded Kernell Law Firm have successfully represented insurance companies and private businesses in Asbestos Litigation, Product Liability, Toxic Tort Litigation and Insurance Defense for over 25 years.

“We believe our new St. Louis and Madison County offices will provide the same excellent service that clients have come to expect from Tom Kernell and his team, while expanding the services we offer our present clients,” said Swanson, Martin & Bell, LLP Managing Partner Timothy G. Nickels. “We are very excited about this opportunity.” More >>

Tags:  Chicago | St. Louis

Kirkland Advises American Capital in $1.1B Fund Closing and Related Acquisition

Wednesday, September 24, 2014

American Capital, Ltd. (NASDAQ: ACAS) announced today that it has closed on the formation of American Capital Equity III, LP, a new $1.1 billion private equity fund, and related acquisition of a portfolio of equity and equity-related investments from American Capital with an agreed upon value of approximately $640 million. Another $445 million will be used to fund new control equity and equity-related investments. More >>

Tags:  Kirkland & Ellis LLP | Chicago

Mayer Brown represents ArcelorMittal and Gerdau in $770M sale of Gallatin Steel Company to Nucor Corporation

Monday, September 15, 2014

Mayer Brown represented multinational steel manufacturing corporations ArcelorMittal and Gerdau in the sale of their respective 50% interests in Gallatin Steel Company to Nucor Corporation for $770 million. Kentucky-based Gallatin Steel Company is a flat rolled mini-mill that melts scrap, pig iron and hot briquetted iron from various sources and processes the material to produce flat rolled steel. More >>

Tags:  Mayer Brown LLP | Chicago