Benjamin S.Jacobs (Ben)

Associate

New York + 1.212.326.3726

Ben Jacobs practices primarily in the area of U.S. federal income tax, representing clients with U.S. and cross-border M&A, investments, reorganizations, and joint ventures; international tax planning; financing; and withholding and reporting obligations. He also regularly represents debtors and creditors to develop tax-efficient structures in bankruptcy and distressed restructurings.

Ben's recent experience on M&A transactions includes advising Fairmount Santrol in its pending $4.7 billion merger with the Unimin Corporation, a wholly owned subsidiary of SCR-Sibelco NV; Verizon in the sale of its cloud business; ABM Industries in its $1.25 billion acquisition of GCA Services; and Orchestra Prémaman in its attempted acquisition of U.S. retailer Destination Maternity. His bankruptcy and restructuring experience includes advising the coal company Alpha Natural Resources and the rare-earth mining company Molycorp in their chapter 11 cases and creditor groups in the restructurings of retailer rue21, inc. and the internet content and solutions provider Answers Corporation.

Ben coauthored the Bloomberg BNA Portfolio Tax Aspects of Restructuring Financially Troubled Businesses, No. 541-5th. While in law school, he represented clients before the IRS and the U.S. Tax Court as a student attorney with the Janet R. Spragens Federal Tax Clinic, assisting them with tax controversy and collections matters.

Experience

  • Avient to acquire DSM Protective Materials businessJones Day is advising Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, in its $1.485 billion purchase of Koninklijke DSM N.V.’s protective materials business, a leading specialty engineered materials business built around the invention of Dyneema®, the world’s strongest fiber.
  • Deezer merges with and into I2PO S.A.Jones Day is advising Deezer S.A. in the context of the proposed SPAC transaction whereby Deezer S.A. would be merged with and into I2PO S.A., a French SPAC listed on the professional segment of the regulated market of Euronext Paris and the related PIPE financing.
  • Hirtle Callaghan & Co sells portfolio of interests in over 30 private equity fundsJones Day represented Hirtle Callaghan & Co in connection with the sale of a portfolio of interests in over 30 private equity funds.
  • 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.
  • LarraínVial acquires 33% stake in Black Salmon and TSG Holding CompanyJones Day advised LarraínVial in its 33% acquisition in the holding companies of Black Salmon, a Miami-based, national commercial real estate investment firm and TSG Holding Company, a South Florida diversified real estate development and investment company.
  • DigitalBridge’s DataBank acquires Houston-area data centers from CyrusOneJones Day advised DigitalBridge Group Inc.’s DataBank subsidiary in the $670 million acquisition of four existing data centers in the Houston, TX metro area from CyrusOne.
  • City of Hope acquires Cancer Treatment Centers of AmericaJones Day advised City of Hope, a world-renowned, National Cancer Institute (NCI)-designated comprehensive cancer research and treatment organization, in connection with its acquisition of Cancer Treatment Centers of America, a network of oncology hospitals and outpatient care centers across the United States.
  • Follett Corporation acquired by private investor groupJones Day advised Follett Corporation in the sale of its corporate entity as well as Follett Higher Education, the company’s collegiate retail and Follett ACCESS business, to a group of private investors led by Jefferson River Capital LLC, a private investment company controlled by the James family.
  • Creative Wealth Media forms CWM 2020 Movie Equity FundJones Day advised on the structuring, offering and formation of CWM 2020 Movie Equity Fund, a fund that invested in a slate of 10 films being released by major Hollywood studios.
  • GoEngineer completes recapitalization with Court Square Capital PartnersJones Day advised GoEngineer, a leading provider of 3D design and additive manufacturing solution, in connection with its recapitalization with Court Square Capital Partners.
  • EagleTree Capital acquires Andronaco IndustriesJones Day advised EagleTree Capital in the acquisition and financing of Andronaco Industries, a leading provider of corrosion-resistant flow control technologies.
  • American Industrial Partners acquires RelaDyne, Inc.Jones Day advised American Industrial Partners in its acquisition of RelaDyne, Inc., a leading distributor of lubricant, fuel, and diesel exhaust fluid providing customers with integrated reliability management services for industrial and commercial businesses, from Audax Private Equity.
  • Prophet MSR Opportunities forms new private fund for acquiring mortgage servicing rightsJones Day advised Prophet MSR Opportunities LP on its formation and marketing of a new private fund focused on acquiring mortgage servicing rights.
  • American Industrial Partners subsidiary Vertex Aerospace announces acquisition of Raytheon Technologies' Defense Training and Mission Critical Solutions business linesJones Day advised American Industrial Partners in the acquisition by portfolio company, Vertex Aerospace, of Raytheon Technologies' Defense Training, Professional Services, Mission Critical Solutions, and Modernization and Sustainment business lines.
  • Follett Corporation divests Baker & Taylor division to private investor groupJones Day advised Follett Corporation in its divestiture of its Baker & Taylor division, the world's premier distributor of physical and digital books and services to public and academic libraries, which will now operate as an independent, privately-owned entity group led by Baker & Taylor's President and CEO Aman Kochar.
  • EagleTree Capital acquires LigneticsJones Day advised EagleTree Capital in connection with the acquisition and financing of Lignetics, Inc., the largest consumer-focused wood pellet manufacturer in the U.S., from Taglich Private Equity and Mill Road Capital.
  • National market-leading pharmacy benefits firm designs and implements sponsored captive insurance solution for employersJones Day advised a national market-leading pharmacy benefits firm with the design and implementation of a sponsored captive insurance solution for employers to manage high-cost specialty drug risk.
  • 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.
  • Signature Aviation purchases Vail Valley Jet Center FBOJones Day advised Signature Aviation Ltd. in the acquisition of Vail Valley Jet Center, the fixed-base operator (“FBO”) at Eagle County Regional Airport (Airport code: EGE) in Gypsum, Colorado, serving the Vail Valley.
  • American Pacific Group portfolio company acquires TruSkinJones Day advised American Pacific Group, a San Francisco-based private equity firm, in connection with the acquisition and financing by portfolio company Wellbeam Consumer Health of TruSkin, a leading skincare brand.