Jared P.Hasson

Associate

Cleveland + 1.216.586.7386

Jared Hasson's practice focuses on transactional matters, including M&A, corporate governance, and securities. He advises public and private companies on mergers, acquisitions, joint ventures, spin-offs, corporate restructurings, and other strategic transactions. In addition, Jared has experience advising companies on takeover defense and shareholder engagement.

Jared's recent experience includes: FirstEnergy's sale of a 19.9% equity stake in FirstEnergy Transmission for $2.4 billion; TopBuild's $1 billion acquisition of Distribution International from Advent International; Cooper Tire & Rubber Company's $2.5 billion sale to The Goodyear Tire & Rubber Company; Ferro Corporation's sale of its global tile coating business for $460 million; and SunPower's sponsored spin-off of its solar panel production operation into a new public company.

In addition, Jared has had a significant role in transactions for Parker Hannifin, SITE Centers, Fifth Third Bank, Greystar Real Estate Partners, KeyCorp, LORD Corporation, and USG Corporation, among others.

Experience

  • Parker divests its Aircraft Wheel and Brake divisionJones Day is advising Parker-Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, in its proposed divestiture of its Aircraft Wheel and Brake Division, located in Avon, Ohio, to Kaman Corporation (NYSE: KAMN) for $440 million.
  • American Industrial Partners portfolio company Vertex to merge with VectrusJones Day is advising Vertex Aerospace, a portfolio company of American Industrial Partners, in its stock-for-stock merger with Vectrus, Inc. (NYSE: VEC), at an implied value for Vertex of approximately $2.1 billion.
  • Sonepar to sell Vallen Distribution to Nautic PartnersJones Day is representing the Sonepar Group – a Paris-headquartered global leader in B-to-B distribution of electrical products, solutions and related services – in the sale of Sonepar's subsidiary business, Vallen Distribution, to Nautic Partners, a middle-market private equity firm based in Rhode Island.
  • Integrated Power Services acquires three companiesJones Day advised Integrated Power Services (IPS) in the acquisition of Industrial Electric Machinery (IEM), Reed Electric & Field Service, and A+ Electric Motor.
  • SITE Centers acquires Madison International's interest in six assets for $107.2 millionJones Day advised SITE Centers Corp. in its acquisition of Madison International's 80% interest in six assets for $107.2 million ($134 million at 100%) with the mortgage debt related to the properties repaid upon closing.
  • FirstEnergy sells $2.4 billion minority transmission stake to BrookfieldJones Day is representing FirstEnergy Corp. in its $2.4 billion sale of a 19.9% equity stake in its subsidiary FirstEnergy Transmission, the holding company for FirstEnergy’s three regulated electric transmission businesses.
  • TopBuild acquires Distribution International in all-cash transaction valued at $1.0 billionJones Day represented TopBuild in its acquisition of Distribution International from global private equity firm Advent International in an all-cash transaction valued at $1.0 billion.
  • Parker Hannifin's recommended all cash acquisition of Meggitt PLCJones Day is acting as U.S. counsel to Parker Hannifin Corporation in the £6.3 billion acquisition of Meggitt plc, a leading international company headquartered in Coventry, United Kingdom, specializing in high performance components and subsystems for the aerospace, defense and selected energy markets.
  • Cooper Tire & Rubber sold to The Goodyear Tire & Rubber Company for approximately $2.5 billion enterprise valueJones Day advised Cooper Tire & Rubber Company in its $2.5 billion sale to The Goodyear Tire & Rubber Company.
  • Ferro Corporation sells its global Tile Coatings Business to Lone Star Funds for $460 millionJones Day advised Ferro Corporation, a leading global supplier of technology-based performance materials, in the sale of its global Tile Coatings Business to Pigments Spain, S.L., a portfolio company of Lone Star Funds, for $460 million in cash, with potential earnout payments of up to $32 million in cash based on the performance of the business pre-closing, subject to customary adjustments.
  • Zyter acquires Casenet® LLCJones Day advised Zyter, Inc., a wholly owned subsidiary of Infinite Computer Solutions, Inc. and a leading digital health product company, in its acquisition of Casenet® LLC, a leading provider of population health products, from Cetene Corporation (NYSE: CNC).
  • SunPower closes sponsored spin-off of solar panel production operationsJones Day advised SunPower Corporation (NASDAQ: SPWR), one of North America's largest solar-panel makers, in a sponsored spin-off of its solar panel production operations into a new public company – Maxeon Solar Technologies – which will be headquartered in Singapore.
  • LORD Corporation acquired by Parker Hannifin for $3.675 billionJones Day advised LORD Corporation in its $3.675 billion acquisition by Parker Hannifin Corporation.
  • USG acquired by Gebr. Knauf for $7 billionJones Day advised USG Corporation in the acquisition by Gebr. Knauf KG ("Knauf") of all of the outstanding shares of USG in a transaction valued at $7 billion.
  • Ferro acquires UWiZ TechnologyJones Day advised Ferro Corporation in its acquisition of 100 percent of the equity interests of UWiZ Technology Co., Ltd.
  • Ferro acquires Ernst-Diegel GmbHJones Day advised Ferro Corporation in its acquisition of Ernst-Diegel GmbH.
  • DDR spins off $3 billion portfolio into separate publicly-traded REITJones Day advised DDR Corp. in its spin-off of a portfolio of 50 assets, comprised of 38 Continental U.S. assets and the entirety of the Puerto Rico portfolio into a separate publicly-traded REIT named Retail Value Inc. ("RVI").
  • Ferro acquires PT Ferro Materials UtamaJones Day advised Ferro Corporation in its acquisition of 66 percent of the equity interests of PT Ferro Materials Utama, bringing Ferro’s total ownership to 100 percent.
  • Fifth Third Securities acquires Coker Capital AdvisorsJones Day advised Fifth Third Securities, Inc., the investment banking unit of Fifth Third Bank, in its acquisition of Coker Capital Advisors, a healthcare focused investment banking firm.
  • KeyBanc Capital Markets acquires Cain BrothersJones Day advised KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp, in its acquisition of Cain Brothers & Company LLC, a healthcare focused investment banking and public finance firm.