Cravath’s New York Office Moves to Two Manhattan West
Robert I. Townsend III is Co-Chair of the Global Mergers and Acquisitions Practice. His practice focuses primarily on all types of M&A transactions, corporate governance matters and activist defense.
Mr. Townsend’s clients have included ADT, altafiber, AmerisourceBergen, Anheuser‑Busch InBev, Aon, Atlas Air, Brink’s, Brunswick, Cable One, Canadian National Railway, City Brewing, Conduent, Crown Castle, DiaSorin, Frontier Communications, GreenSky, J.D. Power, Johnson & Johnson, Light & Wonder, MacAndrews & Forbes, Martin Marietta, Nestlé, Olin, Oshkosh, OUTFRONT Media, Pinnacle Foods, Quest Diagnostics, Stanley Black & Decker, Univision, US Foods and Valvoline.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
American Bar Association
New York City Bar Association
New York State Bar Association
Best Lawyers in America
Chambers Global
Chambers USA
IFLR1000
Law360
Lawdragon
The Legal 500 Hall of Fame
The Legal 500 Latin America
The Legal 500 US
The National Law Journal
Super Lawyers
Deals & Cases
September 05, 2024
On September 5, 2024, Verizon Communications Inc. and Frontier Communications Parent, Inc. (“Frontier”), the largest pure‑play fiber provider in the U.S., announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all‑cash transaction valued at $20 billion. Cravath is representing Frontier in connection with the transaction.
Deals & Cases
February 12, 2024
On February 12, 2024, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that on February 11, 2024, it entered into a definitive agreement to acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia from affiliates of Blue Water Industries LLC (“BWI Southeast”) for $2.05 billion in cash. Additionally, on February 9, 2024, Martin Marietta completed its previously announced divestiture of its South Texas cement and related concrete operations to CRH Americas Materials, Inc., a subsidiary of CRH plc, for $2.1 billion in cash. Cravath is representing Martin Marietta in connection with the transactions.
Deals & Cases
February 06, 2024
On February 6, 2024, altafiber, provider of integrated communications solutions over its fiber‑optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London‑based international investment firm, announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber. Cravath is representing altafiber in connection with the transaction.
Deals & Cases
December 20, 2023
On December 20, 2023, Aon plc (“Aon”), a leading global professional services firm, announced the signing of a definitive agreement to acquire NFP, a leading middle‑market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP’s main capital sponsor, Madison Dearborn Partners, and funds affiliated with HPS Investment Partners. Under the terms of the transaction, Aon will acquire NFP for a total consideration estimated to be $13.4 billion at the time of close, which will be funded by $7 billion of cash and $6.4 billion of Aon stock. Cravath is representing Aon in connection with the transaction.
Deals & Cases
December 18, 2023
On December 18, 2023, ZimVie Inc. (“ZimVie”), a global life sciences leader in the dental and spine markets, announced it has entered into a definitive agreement to sell its spine business to H.I.G. Capital, a leading global alternative investment firm. Under the terms of the agreement, upon the closing of the transaction, ZimVie will receive $375 million in total consideration, comprised of $315 million in cash, subject to certain customary adjustments as set forth in the agreement, and $60 million in the form of a promissory note that will accrue interest at a rate of 10% per annum, compounded semi‑annually, payable in kind. Cravath is representing ZimVie in connection with the transaction.
Activities
January 20, 2023
On January 18, 2023, Cravath was featured by Law360 as an “M&A Practice Group of the Year,” receiving the distinction for the tenth time in twelve years. The profile highlighted the Firm’s role representing CyrusOne in its $15 billion acquisition by KKR and Global Infrastructure Partners, SMBC Aviation Capital in its $6.7 billion acquisition of Goshawk Aviation, and Johnson & Johnson in the planned separation of its Consumer Health Business.
Robert I. Townsend III is Co-Chair of the Global Mergers and Acquisitions Practice. His practice focuses primarily on all types of M&A transactions, corporate governance matters and activist defense.
Mr. Townsend’s clients have included ADT, altafiber, AmerisourceBergen, Anheuser‑Busch InBev, Aon, Atlas Air, Brink’s, Brunswick, Cable One, Canadian National Railway, City Brewing, Conduent, Crown Castle, DiaSorin, Frontier Communications, GreenSky, J.D. Power, Johnson & Johnson, Light & Wonder, MacAndrews & Forbes, Martin Marietta, Nestlé, Olin, Oshkosh, OUTFRONT Media, Pinnacle Foods, Quest Diagnostics, Stanley Black & Decker, Univision, US Foods and Valvoline.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
American Bar Association
New York City Bar Association
New York State Bar Association
Best Lawyers in America
Chambers Global
Chambers USA
IFLR1000
Law360
Lawdragon
The Legal 500 Hall of Fame
The Legal 500 Latin America
The Legal 500 US
The National Law Journal
Super Lawyers
Deals & Cases
September 05, 2024
On September 5, 2024, Verizon Communications Inc. and Frontier Communications Parent, Inc. (“Frontier”), the largest pure‑play fiber provider in the U.S., announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all‑cash transaction valued at $20 billion. Cravath is representing Frontier in connection with the transaction.
Deals & Cases
February 12, 2024
On February 12, 2024, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that on February 11, 2024, it entered into a definitive agreement to acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia from affiliates of Blue Water Industries LLC (“BWI Southeast”) for $2.05 billion in cash. Additionally, on February 9, 2024, Martin Marietta completed its previously announced divestiture of its South Texas cement and related concrete operations to CRH Americas Materials, Inc., a subsidiary of CRH plc, for $2.1 billion in cash. Cravath is representing Martin Marietta in connection with the transactions.
Deals & Cases
February 06, 2024
On February 6, 2024, altafiber, provider of integrated communications solutions over its fiber‑optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London‑based international investment firm, announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber. Cravath is representing altafiber in connection with the transaction.
Deals & Cases
December 20, 2023
On December 20, 2023, Aon plc (“Aon”), a leading global professional services firm, announced the signing of a definitive agreement to acquire NFP, a leading middle‑market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP’s main capital sponsor, Madison Dearborn Partners, and funds affiliated with HPS Investment Partners. Under the terms of the transaction, Aon will acquire NFP for a total consideration estimated to be $13.4 billion at the time of close, which will be funded by $7 billion of cash and $6.4 billion of Aon stock. Cravath is representing Aon in connection with the transaction.
Deals & Cases
December 18, 2023
On December 18, 2023, ZimVie Inc. (“ZimVie”), a global life sciences leader in the dental and spine markets, announced it has entered into a definitive agreement to sell its spine business to H.I.G. Capital, a leading global alternative investment firm. Under the terms of the agreement, upon the closing of the transaction, ZimVie will receive $375 million in total consideration, comprised of $315 million in cash, subject to certain customary adjustments as set forth in the agreement, and $60 million in the form of a promissory note that will accrue interest at a rate of 10% per annum, compounded semi‑annually, payable in kind. Cravath is representing ZimVie in connection with the transaction.
Activities
January 20, 2023
On January 18, 2023, Cravath was featured by Law360 as an “M&A Practice Group of the Year,” receiving the distinction for the tenth time in twelve years. The profile highlighted the Firm’s role representing CyrusOne in its $15 billion acquisition by KKR and Global Infrastructure Partners, SMBC Aviation Capital in its $6.7 billion acquisition of Goshawk Aviation, and Johnson & Johnson in the planned separation of its Consumer Health Business.
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