Edward T.Kennedy (Ed)

Practice Leader Tax

New York + 1.212.326.3775

Ed Kennedy, who co-leads the Firm's global Tax Practice, works with Fortune 500 companies, strategic investors, private equity groups, and hedge funds to structure their investments in a tax-efficient manner. He also works with large U.S.-based multinational corporations in connection with their global tax planning. Ed works with foreign entities and foreign sovereign wealth funds in connection with their inbound investments in the U.S., including investments in stock, securities, partnerships, and real estate. His practice involves all aspects of federal and international taxation, including M&A, Subpart F planning, contract manufacturing, hedging programs, cross-border structured finance, partnership planning, tax controversy, and cost sharing.

Ed worked on the federal and international tax aspects of the restructuring of Chrysler LLC in chapter 11. He worked with Reynolds American in connection with its acquisition by British American Tobacco Plc in a deal valued at $49 billion. He advised Monster Beverage Corporation in connection with its long-term commercial relationship with The Coca Cola Company, with Monster Beverage Corporation receiving a net cash payment of $2.15 billion. He represented Gtech S.p.A. in connection with its acquisition of International Game Technology for $6.4 billion. Ed also played a leading role in structuring Pfizer's $16.6 billion sale of its consumer health care business to Johnson & Johnson.

Ed, a member of the New York State Bar Association Tax Section, has lectured at conferences on numerous topics involving federal and international taxation.

Experience

  • EagleTree backed companies, Arc and The Channel Company, acquire Incisive MediaJones Day advised EagleTree portfolio companies, Arc and The Channel Company, in the acquisition of Incisive Media.
  • Newell Brands sells the Connected Home & Security business to Resideo TechnologiesJones Day advised Newell Brands Inc. in the $593 million sale of the Connected Home & Security (CH&S) business to Resideo Technologies, Inc.
  • Roper Technologies sells TransCore to Singapore Technologies Engineering for $2.68 billionJones Day advised Roper Technologies, Inc. in the sale of TransCore Partners, LLC and TLP Holdings, LLC to an affiliate of Singapore Technologies Engineering Ltd. for $2.68 billion in cash, subject to customary purchase price adjustments.
  • EssilorLuxottica and CooperCompanies form joint ventureJones Day advised EssilorLuxottica in the formation of its joint venture, SightGlass Vision, with CooperCompanies for the commercialization of novel spectacle lens technologies to expand the myopia management category.
  • Monster Beverage acquires CANarchyJones Day advised Monster Beverage Corporation in the $330 million acquisition of CANarchy Craft Brewery Collective LLC, a craft beer and hard seltzer company.
  • 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.
  • 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.
  • Nutrien completes $300 million tender offer and redemption of $1.8 billion of debt securitiesJones Day represented Nutrien Ltd., the world's largest provider of crop inputs and services, in connection with the tender offer by Nutrien Ltd. and its wholly-owned subsidiaries, Agrium Inc. and Potash Corporation of Saskatchewan Inc., to purchase for cash up to $300 million in aggregate purchase price of their respective debt securities.
  • FirstEnergy completes $1 billion Common Equity offeringJones Day represented FirstEnergy Corp. in connection with its $1 billion private placement of Common Equity to Blackstone Infrastructure Partners at $39.08 per share.
  • Koch Equity Development portfolio company, Getty Images, to be combined with SPAC, CC Neuberger Principal Holdings IIJones Day is acting as counsel to Koch Equity Development LLC, a subsidiary of Koch Industries, Inc. and investor in Getty Images, in the business combination agreement with CC Neuberger Principal Holdings II (NYSE: PRPB), a publicly traded special purpose acquisition company.
  • American Transmission Systems completes $600 million Senior Notes offeringJones Day represented American Transmission Systems, Incorporated, a wholly-owned subsidiary of FirstEnergy Transmission, LLC, which is a direct subsidiary of FirstEnergy Corp., in connection with its Rule 144A and Regulation S offering of $600 million aggregate principal amount of 2.650% Senior Notes due 2032.
  • Riverside sells Lexipol to GTCRJones Day represented The Riverside Company in the sale of Lexipol, a leader in policy management and training platforms for state and local governments, to GTCR.
  • EagleTree Capital acquires The Channel CompanyJones Day advised EagleTree Capital in the acquisition and financing of The Channel Company, a leading provider of business services for the IT sector, from Stone-Goff Partners.
  • 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.
  • 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.
  • Bally's acquires Gamesys for $2.7 billionJones Day advised Bally's Corporation in connection with the $2.7 billion acquisition and financing of Gamesys Ltd., an LSE-listed online gaming company.
  • Sasser Family Companies acquires Falcon LeaseJones Day advised Sasser Family Companies in the acquisition of Singapore-based global container lessor Falcon Lease Holdings Pte Ltd and its group of companies.
  • Arc acquires Farmers Guardian and LAMMA Ltd from AgriBriefingJones Day advised Arc, a business partnership between EagleTree Capital and Simon Foster, in its acquisition of Farmers Guardian Ltd and LAMMA Ltd, the UK agriculture division of AgriBriefing.
  • Riverside sells portfolio company Greenphire to Thoma BravoJones Day represented The Riverside Company in connection with the sale of portfolio company Greenphire, the global leader in financial lifecycle management software for clinical trials, to Thoma Bravo, a software focused private equity firm.
  • EagleTree Capital acquires IntegreonJones Day advised EagleTree Capital in connection with the acquisition and financing of Integreon, a leading global managed services provider, from NewQuest Capital Partners.
  • Speaking Engagements

    • June 22-23, 2015
      2015 Tax Executives Institute Region II Conference
    • January 13, 2010
      Executive Roundtable Series: Navigating the Tax Laws Under Current Economic Conditions: What the New Administration Is Doing and What the Future May Hold for Businesses