Chayim D. Neubort

Biography

Chayim D. Neubort
Chayim Neubort is a partner in Weil’s Tax Department and is based in New York. Chayim’s practice focuses on all aspects of corporate taxation and regularly represents public and private companies in M&A transactions, including taxable and tax-free mergers, acquisitions and related financings, dispositions and spin-offs and restructurings of distressed companies. Chayim also has extensive experience advising large multi-national corporations regarding their internal tax planning and reorganizations of their corporate structures.

Experience

  • ABD Insurance and Financial Services, Inc. in its $1.35 billion merger with Newfront Insurance, Inc.
  • Advent International in the acquisition by its affiliate AI Beauty Holdings of bareMinerals, BUXOM and Laura Mercier (collectively, n/k/a Orveon).
  • AK Steel Corporation in its approximately $3 billion sale to Cleveland-Cliffs, Inc.
  • athenahealth, Inc. in its $5.7 billion sale to Veritas Capital and Evergreen Coast Capital (an affiliate of Elliott Management Corporation) and planned combination with Virence Health.
  • ATI Physical Therapy Holdings, LLC (a portfolio company of Advent International) in its $2.5 billion business combination with Fortress Value Acquisition Corp. II, a SPAC sponsored by Fortress Investment Group.
  • Atos S.E. in its $3.57 billion acquisition of Syntel, Inc.
  • Avista Healthcare Public Acquisition Corp. in its acquisition of Organogenesis Inc.
  • Brookfield Asset Management Inc. in its approximately $4.8 billion acquisition of a 61.2% stake in Oaktree Capital Group, LLC.
  • Campbell Soup Company in its $2.2 billion sale of Campbell International, Inc., its $510 million sale of Bolthouse Farms and its sales of all EMEA operations of Kettle Foods and Yellow Chips, Garden Fresh Gourmet and Kelsen Group A/S.
  • Ceridian LLC, THL and Fidelity National Financial in the $3.45 billion sale of Comdata Inc. to FleetCor Technologies Inc.
  • DIRECTV in its $67.1 billion transaction with AT&T, its acquisition of Liberty Media’s Entertainment Group following its split-off from Liberty Media and a variety of financing arrangements.
  • Discovery, Inc. in its joint venture with Magnolia, the home and lifestyle brand led by Chip and Joanna Gaines, in the formation of the Magnolia Network.
  • The Dow Chemical Company in its $130 billion all-stock merger of equals with E. I. du Pont de Nemours and Company.
  • Dow in its approximately $40 billion spin-off from DowDuPont Inc. as part of DowDuPont's separation into three independent, publicly traded companies, one each for its agriculture, materials science and specialty products businesses.
  • Fidelity National Financial (FNF) in a series of transactions that brought about the tax-free distribution of its interest in Black Knight Financial Services, Inc. (n/k/a Black Knight, Inc.) to owners of FNF Group, following which Black Knight became an independent, publicly traded company; its redemption of all tracking stock shares of Fidelity National Financial Ventures (FNFV) in exchange for shares of common stock of Cannae Holdings, Inc., following which Cannae became an independent, publicly traded company, and FNF ceased to have a tracking stock structure; its $2.9 billion acquisition of Lender Processing Services (n/k/a Black Knight, Inc.) and Black Knight’s subsequent $507 million IPO; its acquisition of J. Alexander Corporation; and a series of transactions bringing about the tax-free distribution of FNF’s ~51% interest in Remy International, Inc. to holders of FNFV tracking stock.
  • First Data Corporation in its $760 million acquisition of BluePay, Inc.; its $750 million acquisition via cash tender offer of CardConnect Corp.; and its acquisition of Acculynk.
  • Fortress Value Acquisition Corp., a SPAC sponsored by Fortress Investment Group, in its $345 million initial public offering.
  • General Electric Company in its strategic plan to sell most of GE Capital’s assets, including several related multi-billion dispositions; and in a variety of financing arrangements.
  • General Electric Company and Synchrony Financial in GE’s $20.4 billion offer to exchange Synchrony common stock for GE common stock, completing the separation of Synchrony from GE.
  • General Electric Company in its $3.4 billion sale of GE Water to SUEZ.
  • General Electric Company in its $2.6 billion sale of GE Industrial Solutions.
  • Getty Images Inc. in its approximately $4.8 billion business combination with CC Neuberger Principal Holdings II, a SPAC formed by a partnership of CC Capital and Neuberger Berman.
  • Goldman Sachs, J.P. Morgan and a leading financial institution, as the lead underwriters, in a $1.1 billion initial public offering of UL Solutions Inc.
  • Goldman Sachs and Eurazeo in their $624 million sale of a 49% stake in Trader Interactive, LLC to carsales.com Ltd., in a transaction that valued Trader at $1.6 billion.
  • Goldman Sachs and J.P. Morgan, as representatives of the initial purchasers, in a $300 million 144A/Reg S offering of 6.500% senior notes for UL Solutions Inc.
  • Gores Guggenheim, Inc., a SPAC sponsored by affiliates of The Gores Group and Guggenheim Capital, in its $20 billion business combination with Polestar Performance AB.
  • Gores Holdings II, a SPAC sponsored by an affiliate of The Gores Group, in its transaction with Verra Mobility Corporation, with an initial enterprise value of approximately $2.4 billion.
  • Gores Holdings III, Inc., a SPAC sponsored by an affiliate of The Gores Group, in its $1.55 billion business combination with Pacific Architects and Engineers, Inc. (PAE) (a portfolio company of Platinum Equity).
  • Gores Holdings V, Inc., a SPAC sponsored by The Gores Group, in its $8.5 billion business combination with Ardagh Metal Packaging S.A.
  • Gores Holdings VI, Inc., a SPAC sponsored by The Gores Group, in its $2.9 billion business combination with Matterport, Inc.
  • Gores Metropoulos, Inc., a SPAC sponsored by affiliates of The Gores Group and Metropoulos & Co., in its $3.4 billion merger with Luminar Technologies, Inc.
  • Gores Metropoulos II, Inc., a SPAC sponsored by Gores Metropoulos Sponsor II LLC (an affiliate of The Gores Group and Dean Metropoulos), in its $1.925 billion business combination with Sonder Holdings.
  • The J.M. Smucker Company in its acquisition of the Folgers coffee business following its split-off from P&G.
  • Jefferies Financial Group Inc. in its approximately $165 million acquisition of the remaining 30% shareholding interest it didn't already own in HomeFed Corporation. 
  • The Kroger Company, along with The Albertsons Companies, Inc., in the approximately $1.9 billion sale of 413 stores, as well as select banners, distribution centers, offices and private label brands, to C&S Wholesale Grocers, LLC in connection with Kroger’s proposed merger with Albertsons Companies Inc.
  • The Kroger Company in its sale of its Turkey Hill business to Peak Rock Capital. 
  • Leafly Holdings, Inc. in its business combination with Merida Merger Corp. I, a SPAC sponsored by Merida Capital Holdings.
  • Leucadia National Corporation (n/k/a Jefferies Financial Group Inc.) in its increased investment in HomeFed Corporation and its $3.7 billion merger with Jefferies Group.
  • Maxim Integrated Products, Inc. in its $27.5 billion sale to Analog Devices, Inc.
  • Medicis Pharmaceutical Corporation in its $2.6 billion sale to Valeant Pharmaceuticals International (n/k/a Bausch Health Companies).
  • Nexeo Solutions, Inc. in its $640 million sale of Nexeo Solutions Plastics to One Rock Capital Partners.
  • Sanofi in its $20.1 billion acquisition of Genzyme Corporation; its $11.6 billion acquisition of Bioverativ Inc.; and its up to $750 million acquisition of Protein Sciences Corporation.
  • Synchrony Bank in its approximately $9 billion sale of the credit card portfolio of Walmart Inc. to Capital One. 
  • Synchrony Financial in its approximately $2.8 billion IPO and related $3.6 billion debt offering, its $5.8 billion acquisition of U.S. consumer receivables from PayPal Holdings, Inc. and its acquisition of approximately $1 billion of participation interests in receivables held with investors and financial institutions.
  • Total S.A. in its $4 billion acquisition of all of the oil and natural gas assets, liabilities, businesses and operations of Anadarko Petroleum Corporation in Mozambique and South Africa. 
  • Vonage in its acquisitions of iCore Networks, Nexmo, Simple Signal, Vocalocity and Telesphere Networks.

Chayim is recognized as a “Next Generation Partner” for U.S. Taxes: Non-Contentious by Legal 500 US.He was also named a 2014 Tax “Rising Star” by Law360 and a “New York Metro Rising Star” for Tax by Super Lawyers 2012-2015.

Chayim graduated, cum laude, from New York University School of Law and joined the Firm in September of 2002. He is a member of the Tax Section of the New York State Bar Association.

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