Patrick B.O'Brien

Partner

New York + 1.212.326.3678

Patrick O'Brien's practice focuses on providing clients worldwide with U.S. federal income tax advice in connection with structuring and implementing a variety of corporate and partnership transactions in a tax-efficient manner. His experience includes taxable and tax-free acquisitions and dispositions, complex capital restructurings, partnership formations and capitalizations, joint ventures, debt instruments and derivatives, foreign currencies, energy tax credits, real estate transactions, and foreign investments in the United States.

Patrick has extensive experience in the funding, formation, operation, and dissolution of partnerships, limited liability companies, and other business arrangements classified as partnerships for U.S. federal income tax purposes, including the use of partnership vehicles in private equity, M&A, and restructuring transactions (both U.S. and cross-border). He has counseled clients across a broad range of industries, including Bank of America, Celgene Corporation, EagleTree Capital, Goode Partners, Ospraie Management, Procter & Gamble, and The Riverside Company.

Patrick is a member of the New York State Bar Association and has been recognized as a "Rising Star" by New York Super Lawyers.

Experience

  • Solvay acquires remaining stake in soda ash JVJones Day advised Solvay S.A. (Euronext Brussels: SOLB), a global leader in soda ash, with the acquisition from AGC of a 20% stake in a soda ash joint venture for $120 million. The acquisition results in Solvay holding a 100% stake in the operation, which is located in Green River, Wyoming.
  • Swander Pace Capital sells T-Bev, Inc. to Florida Food ProductsJones Day advised Swander Pace Capital in the sale of T-Bev, Inc., a manufacturer and distributor of tea extracts, instant tea, natural and organic caffeine and other botanical extracts catering to the functional beverage and dietary supplement markets, to Florida Food Products.
  • Riverside acquires PaleoWestJones Day advised The Riverside Company in its acquisition of PaleoWest, a professional consultancy that assists clients with their need to address federal, state, and local level environmental regulations, typically in support of a wide variety of land development projects such as the permitting of solar and wind generation facilities, housing developments, roads and bridges, and other major infrastructure development projects.
  • 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.
  • American Pacific Group portfolio company acquires BioTRUST Nutrition® LLCJones Day advised American Pacific Group in connection with the acquisition and financing of BioTRUST Nutrition® LLC, a fast-growing, leading eCommerce nutrition brand with a portfolio of high-quality, science-based products that span protein, collagen, healthy living, anti-aging, and digestive health, by one of its portfolio companies, Wellbeam Consumer Health, LLC.
  • PNC Bank provides syndicated senior secured revolving credit and term loan facility to International Wire GroupJones Day represented PNC Bank, National Association, as administrative agent, in connection with a syndicated senior secured revolving credit and term loan facility provided to International Wire Group, Inc. and certain of its affiliates.
  • Asbury Automotive Group acquires Larry H. Miller Dealerships and Total Care Auto for $3.2 billionJones Day advised Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., in its acquisition of Larry H. Miller Dealerships, and Total Care Auto, Powered by Landcar for $3.2 billion.
  • 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 Pacific Group acquires FellersJones Day advised American Pacific Group in the acquisition of Fellers Inc., a distributor of vinyl wrap films and supplies.
  • American Pacific Group acquires Interwest Distribution CompanyJones Day advised American Pacific Group, a San Francisco Bay Area-based private equity firm, in the acquisition of Interwest Distribution Company ("Interwest"), a leading distributor of building and automotive films.
  • Blue Point Capital Partners acquires Stax Inc.Jones Day represented Blue Point Capital Partners in connection with the acquisition and financing of Stax Inc., an analytically-driven M&A strategy consulting firm that specializes in commercial due diligence, value creation and exit planning analyses for investment banks, private equity firms, and PE-backed companies.
  • 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.
  • Cube Infrastructure Fund III reaches €1.0 billion first closeJones Day represented Cube Infrastructure Managers in the first closing of Cube Infrastructure Fund III, a €1.0 billion Luxembourg fund.
  • DMI secures strategic investment from OceanSound PartnersJones Day advised DMI in its strategic investment from an affiliate of OceanSound Partners, LP.
  • Pacific Avenue Capital Partners completes continuation vehicle investment with Emerald TextilesJones Day advised Pacific Avenue Capital Partners, LLC in the new capital raise to purchase Emerald Textiles, the leading provider of fully outsourced healthcare linen management services in the Western United States, from existing limited partner investors through a continuation vehicle.
  • SER Capital Partners invests $82 million in Brightcore EnergyJones Day represented SER Capital Partners in its $82 million investment in Brightcore Energy, a clean energy and efficiency as a service company serving commercial, industrial, and institutional real estate owners.
  • Red Stone and its affiliates sell its business to Ready Capital CorporationJones Day represented Red Stone and its affiliates in the sale of its business to Ready Capital Corporation.
  • NEP acquires Prysm Collective, Lux Machina And Halon EntertainmentJones Day advised NEP Group in the acquisition of Prysm Collective, Lux Machina and Halon Entertainment.
  • Axion BioSystems completes sale of company to Summa EquityJones Day advised Axion BioSystems, Inc., a leading provider of MEA and impedance technology for single-cell analysis, in its sale of the company to Summa Equity.