Biography
Tim Burns is a partner in Weil’s Private Equity practice and is based in New York. Tim advises private equity sponsors and their portfolio companies with respect to mergers, acquisitions and divestitures.
In 2024, Tim was recommended for M&A/Corporate and Commercial: Private Equity Buyouts by Legal 500 US, where clients note he “punches above his weight and he was named among the 2024 “The Next Generation list” by Lawdragon 500 X. He understands the business rationale and has a very commercial mindset,” and was named a 2023 “Emerging Leader” by The M&A Advisor. Tim is also recognized as a “Rising Star” lawyer for Private Equity in the U.S. by IFLR1000 2024.
Tim’s relevant experience includes the following representations:
- American Securities in multiple matters, including in its $1.6 billion sale of Royal Adhesives & Sealants, LLC.
- Brookfield Asset Management Inc. in multiple matters, including its acquisition of certain assets of J. C. Penney Company, Inc. in connection with J.C. Penney’s chapter 11 case.
- Centerbridge Partners and its portfolio company KIK Custom Products, Inc. in its sale of its KIK Personal Care business.
- Cornell Capital and its portfolio company Knowlton Development Corporation in the acquisition of CLA.
- CPP Investments in multiple matters, including,
- its approximately $1 billion investment in support of merger between Novolex (a portfolio company of Apollo) and Pactiv Evergreen,
- together with Glencore and BCI, as shareholders, in Viterra Ltd.’s approximately $18 billion business combination with Bunge Ltd.,
- together with Silver Lake, in the $12.5 billion take-private of Qualtrics,
- together with Blackstone, in the acquisition of Advarra, Inc., in a deal that implies an Advarra enterprise value of $5 billion,
- together with Oak Hill Capital Partners, in the recapitalization of Berlin Packaging L.L.C.,
- as a member of a consortium with Advent International and Permira Advisers, among others, in the consortium's over $14 billion take-private of McAfee Corporation,
- its capital investment in David’s Bridal,
- the merger of The Ultimate Software Group, Inc. with Kronos Incorporated, in a deal that values the combined company at $22 billion on an enterprise value basis,
- the acquisition, together as co-investor with Permira and GIC, of a majority stake in Lytx, Inc., in a transaction that valued Lytx at more than $2.5 billion,
- as a member of a consortium with Hellman & Friedman, Blackstone and GIC, in the consortium's $11 billion take-private of The Ultimate Software Group, Inc., and
- its co-investment, with Insight Venture Partners, in Veeam Software.
- EQT Partners in multiple matters, including its portfolio company WS Audiology (f/k/a Sivantos Pte. Ltd.) in its acquisitions of Clearwater Clinical Limited and TruHearing, Inc.
- Falconhead Capital, LLC and its portfolio company GPSi Holdings, LLC (a/k/a GPS Industries, LLC) in its sale to Ingersoll-Rand plc.
- Goldman Sachs in multiple matters, including,
- its $1 billion equity investment and subordinated debt financing in World Insurance Associates LLC in a transaction that valued World Insurance at $3.4 billion,
- its $300 million investment in Madhive,
- together with Eurazeo, in their sale of their remaining 51% stake in Trader Interactive, LLC to carsales.com Ltd. in a transaction that valued Trader at $1.9 billion
- its $325 million investment in iSpot.tv and,
- together with Eurazeo, in their sale of a 49% stake in Trader Interactive, LLC to carsales.com Ltd. in a transaction that valued Trader at $1.6 billion.
- Hayfin Capital Management LLP in the up to $300 million sale of Paradigm Spine, LLC.
- OMERS Private Equity in multiple matters, including,
- its acquisition of Pueblo Mechanical & Controls,
- its minority investment in NovaSource Power Services,
- its acquisition of TurnPoint Services,
- its acquisition of Paradigm Outcomes, and
- its acquisition of Inmar, Inc.
- Ontario Teachers' Pension Plan Board in multiple matters, including,
- its portfolio company BroadStreet Partners, Inc. in a $1.4 billion incremental senior secured term and revolving facility to finance its acquisition of Westland Insurance Group Ltd.
- its portfolio company APCO Holdings in its acquisition of National Auto Care,
- together with TA Associates, in the sale of a majority stake in Flexera Software LLC,
- its participation in multiple investments in Space Exploration Technologies Corp. (SpaceX),
- the recapitalization of BroadStreet Partners, Inc. involving a new equity investment by affiliates of Century Equity Partners and a $100 million second lien debt and equity investment by affiliates of Penfund Partners, and
- its sale of a substantial minority stake in its portfolio company, Flexera Software LLC.
- PSP Investments in multiple matters, including,
- alongside Investcorp, in a strategic growth investment in PKF O'Connor Davies LLP,
- together with Investcorp, in their acquisition of CrossCountry Consulting,
- the merger of Loral Space & Communications and Telesat Canada to form a new publicly-traded Telesat Corporation,
- together with Lightyear Capital, in their sale of Advisor Group Inc. (f/k/a AIG Advisor Group Inc.) to Reverence Capital Partners, and
- its minority investment in Alliant Insurance Services.
- The Kroger Company in its joint venture with Lindsay Goldberg to form PearlRock Partners.
- Susquehanna Growth Equity and its portfolio companies in multiple matters, including,
- iContracts, Inc. in its sale to RLDatix Ltd, and
- Reorg Research, Inc. in its sale to Warburg Pincus.
- SoftBank Group Corp. in its $3.3 billion acquisition of Fortress Investment Group LLC.
- Soros Fund Management in its acquisition via a plan of reorganization of Violin Memory, Inc.
Tim maintains an active pro bono practice and is a member of the Firm’s Pro Bono Committee.
Tim received his J.D. from Queen’s University and his B.Comm. from the University of Alberta.
Firm News & Announcements, Awards and Recognition, Speaking Engagements, Guides and Resources, Latest Thinking
Firm News & Announcements
- Weil Advises Private Equity at Goldman Sachs Alternatives and Omega Healthcare on Investment by Ontario Teachers’ Deal Brief — December 20, 2024
- Weil Advises CPP Investments in Novolex’s $6.7 Billion Combination with Pactiv Evergreen Deal Brief — December 09, 2024
- Weil Advises PSP on Investment in PKF O’Connor Davies Deal Brief — November 18, 2024
- Twenty-One Weil Partners Named to 2024 Lawdragon 500 X – The Next Generation Firm Announcement — July 01, 2024
- Weil Advised OMERS Private Equity and its Portfolio Companies The Kenan Advantage Group and Kenan Canada in Multiple Loans and Revolving Credit Commitments Deal Brief — January 30, 2024
Awards and Recognition
- Tim Burns Recognized as a “Rising Star” Lawyer for Private Equity in the U.S. Award Brief — IFLR1000 2024
- Tim Burns Named to Lawdragon 500 X’s “The Next Generation” list in 2024 Award Brief — Lawdragon 500 X
Latest Thinking
- Weil Private Equity Sponsor Sync - Spring Issue Publication — By Christopher R. Machera, Andrew J. Colao, Jacqueline Oveissi, Arnie Fridhandler, Brittany Butwin, David Griffiths, Alex Paul Cohen, David E. Wohl, Carson Parks, Trey Muldrow, Langdon Neal, Timothy F. Burns, David B. Gail, John P. Barry, Robert Rizzo, Larissa Lucas, Yehudah L. Buchweitz and Zoe Buzinkai — PDF — Spring 2024