Timothy P.FitzSimons (Tim)

Partner

(T) 1.312.269.4199

Tim FitzSimons' has advised companies on public and private M&A transactions totaling more than US$200 billion. He represents directors in conflict of interest transactions and corporate governance and shareholder activism/takeover defense matters. He also has represented private equity and venture capital investors and portfolio companies in financing and financial advisors in M&A transactions.

Tim has advised the Special Committee of the Board of Directors of Genentech in its $46.8 billion merger with Roche Holdings and CBOT Holdings in its $12 billion merger with Chicago Mercantile Exchange Holdings (including the intervening unsolicited offer from InterContinental Exchange); Energy Transfer in its $5.3 billion acquisition of Sunoco and in its $9.4 billion acquisition of Southern Union Company (including the competing offer from the Williams Group); Cardinal Health in its $3.2 billion acquisition of The Harvard Drug Group; Conagra Brands in its $10.9 billion cash and stock acquisition of Pinnacle Foods; PotashCorp in its $38 billion merger-of-equals with Agrium; Orbitz in its $1.2 billion sale to Cendant Corporation and again in its $1.4 billion sale to Expedia; ITW in its $3.2 billion sale of its packaging business (Signode) to The Carlyle Group and The Carlyle Group in its $4 billion sale of Signode to Crown Holdings; the founding shareholders of Syntel, Inc. in its $3.6 billion sale to Atos S.E.; Eli Lilly in its $6.5 billion tender offer for ImClone Systems; and the Koch Industries family of companies in more than $20 billion of transactions.

Tim speaks and writes on M&A topics, including developments in public company M&A matters, activist hedge funds, and corporate governance.

Experience

Adtalem Global Education sells DeVry University
Jones Day advised Adtalem Global Education in the sale of DeVry University and its Keller Graduate School of Management to Cogswell Education, LLC, a company with significant experience in higher education.

Conagra Brands acquires Pinnacle Foods for $10.9 billion in cash and stock
Jones Day advised Conagra Brands, Inc. in connection with the acquisition and related financing of Pinnacle Foods Inc. in a $10.9 billion merger.

Syntel acquired by Atos S.E. for approximately $3.57 billion
Jones Day advised the founding shareholders, which, together with certain affiliates, collectively own more than a majority of the outstanding shares of Syntel, Inc. in connection with its approximately $3.57 billion cash sale of Syntel, Inc. to Atos S.E.

Total invests in Clean Energy Fuels Corp.
Jones Day represented Total S.A., a French multinational integrated oil and gas company, in connection with its purchase of 25 percent of Clean Energy Fuels Corp., a leading provider of natural gas fuel and renewable natural gas fuel for transportation in North America, for $83.4 million, and the credit support to be provided by Total of up to $100 million.

The Carlyle Group sells Signode Industrial Group Holdings to Crown Holdings, Inc. for $4 billion
Jones Day advised The Carlyle Group and its affiliates in connection with the sale of Signode Industrial Group Holdings (Bermuda) Ltd., a leading global provider of transit packaging systems and solutions, to Crown Holdings, Inc., a worldwide leader in the design, manufacture and sale of packaging products for consumer goods, for an aggregate purchase price of up to $4 billion.

Koch Equity Development commits $650 million preferred equity financing to support Meredith Corporation's $2.8 billion acquisition of Time, Inc.
Jones Day advised Koch Equity Development, a subsidiary of Koch Industries, in connection with its $650 million of preferred equity financing to Meredith Corporation, a media and marketing company, in connection with Meredith’s $2.8 billion acquisition of magazine publisher Time, Inc.

PotashCorp combines with Agrium in $38 billion merger-of-equals
Jones Day advised PotashCorp in its $38 billion all-stock merger-of-equals with Agrium.

Cargill acquires Diamond V
Jones Day advised Cargill, Incorporated in its acquisition of Diamond V, a leading global provider of innovative natural solutions and technologies that improve animal health, animal performance, and food safety.

Koch Equity Development invests over $2 billion in Infor
Jones Day advised Koch Equity Development LLC, the acquisition and investment subsidiary of Koch Industries, in connection with its equity investment of more than $2 billion in Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud.

Athletico Physical Therapy sold to BDT Capital
Jones Day advised Mark Kaufman, the Founder and CEO of Athletico Physical Therapy, in connection with the sale of Athletico to BDT Capital.

Southern Air sold to Atlas Air Worldwide for $110 million
Jones Day represented the Board of Directors of Southern Air Holdings, Inc. in connection with its $110 million sale to Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW).

JLL acquires Corrigo
Jones Day advised JLL, a professional services and investment management firm offering specialized real estate services, in its negotiation and execution of an agreement to acquire Corrigo, a software and services company that specializes in the management of facilities in multi-site environments.

Koch Industries subsidiary provides common and preferred equity financing commitments to an affiliate of Vista Equity Partners in connection with Vista's proposed acquisition of Solera Holdings, Inc. for approximately $6.5 billion
Jones Day is advising a subsidiary of Koch Industries, Inc. regarding its common and preferred equity financing commitments in connection with the approximately $6.5 billion proposed acquisition of Solera Holdings, Inc. by an affiliate of Vista Equity Partners.

Cardinal Health acquires The Harvard Drug Group for $1.115 billion
Jones Day advised Cardinal Health in its acquisition of The Harvard Drug Group, a distributor of generic pharmaceuticals, over-the-counter medications, and related products to retail, institutional, and alternate care customers from Court Square Capital Partners for $1.115 billion.

Experience acquired prior to joining Jones Day includes:

Advised A123 Systems in its $275 million sale to Wanxiang Group Corporation through a bankruptcy auction.

Advised Axcan Pharma (n/k/a Aptalis) in an unsolicited tender offer and proxy contest for Salix Pharmaceuticals.

Advised the Special Committee of CBOT Holdings in its $12 billion merger with Chicago Mercantile Exchange Holdings (including the intervening unsolicited offer from InterContinental Exchange).

Advised Eli Lilly in its $6.5 billion tender offer for ImClone Systems.

Advised Energy Transfer in its $5.3 billion cash and stock acquisition of Sunoco and in its $9.4 billion cash and stock acquisition of Southern Union Company (including the competing offer from the Williams Group).

Advised Ericsson in its $2.1 billion tender offer for Redback Networks.

Advised the Special Committee of the Board of Directors of Genentech in its $46.8 billion merger with Roche Holdings (pursuant to a tender offer).

Advised GTCR in its $267 million acquisition by tender offer of Global Traffic Network and its $447 million acquisition by tender offer of Vocus.

Advised Illinois Tool Works in the $3.2 billion sale of its industrial packaging business to The Carlyle Group.

Advised Nicor in its $3.1 billion merger with AGL Resources.

Advised Orbitz in its sale pursuant to a $1.2 billion tender offer by Cendant Corporation and again in its $1.4 billion sale to Expedia.

Advised Safeco Corporation in the $1.35 billion sale of its life and investments business to White Mountain Insurance Group.

Speaking Engagements

  • October 20 - 21, 201612th Annual University of Texas School of Law Mergers & Acquisitions Institute
  • June 9, 2016Jones Day Chicago MCLE University
  • September 9, 2015The Changing Face of M&A, Mergermarket
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