JulianRunnicles

Partner

London + 44.20.7039.5187

Julian Runnicles has advised significant businesses on hundreds of complex M&A and private equity transactions, preferred equity and equity-related financings, venture capital, PIPEs, joint ventures, takeovers, buyouts, strategic alliances, and group restructurings in his 20 years of practice. He advises across multiple industries, including aerospace and aviation, automotive, financial services, FMCG (fast-moving consumer goods), hospitality, logistics, oil and gas, pharmaceuticals, TMT (technology, media, and telecom), and transportation.

Representative transactions include: Koch Industries' acquisition of Guardian Industries, a leading manufacturer of glass, automotive, and building products; the acquisition by Cinven and CVC of NewDay, the United Kingdom's fastest growing credit card company with £1.5+ billion receivables; Total's $3.2 billion sale of Atotech to The Carlyle Group; the $30 billion formation of Letterone, an investment structure for technology, retail, and oil and gas assets; the $1.2 billion sale of Danube Foods and Borjomi, the largest dairy, confectionary, and water and beverage businesses in South East Europe and Russia; Goodrich Corporation's $18.4 billion merger with United Technologies; Goodrich Corporation's aero-engine controls joint venture with Rolls-Royce; United Technologies' sale of that joint venture to Rolls-Royce; Sukhoi's aviation joint venture with Alenia Aeronautica; Rosneft's $3.56 billion joint venture with Sinopec; Goldman Sachs' co-investment with Lion Capital in (and exit from) a global beverage business; and advising Aviva Life and Pensions UK, British Land, Hermes Fund Managers, Land Securities Group, and Prudential Assurance Company on the sale of IPD Group.

Other clients include Blackstone, Cubic Transportation Systems, Duchossois Industries, Edelman, Exponent, Flint Hills Resources, Georgia-Pacific, INVISTA, KRyS Global, Lincoln Electric, Mandarin Oriental Hotels, Molex, Pepper Money, Pioneer, Ryder System, and Vale.

Experience

  • Koch Strategic Platforms, LLC participates in $530 million Series F investment in Snyk Limited at an $8.5 billion post-money valuationJones Day represented Koch Strategic Platforms, LLC (KSP) in connection with its investment in the $530 million Series F round of Snyk Limited at an $8.5 billion post-money valuation.
  • Infor sells Enterprise Asset Management business in $2.8 billion carveout saleJones Day is advising Infor, a wholly owned subsidiary of Koch Industries, Inc., in the sale of its Enterprise Asset Management business to Hexagon AB for $2.8 billion, consisting of (i) $800 million in cash and (ii) approximately $2 billion of Hexagon’s common stock (HEXA-B.ST).
  • Koch Real Estate Investments invests in Oppidum Bidco's all cash offer for Wm Morrison SupermarketsJones Day is advising Koch Real Estate Investments, LLC as investor in the recommended all cash offer by Oppidum Bidco Limited for Wm Morrison Supermarkets PLC, the UK's fourth largest supermarket chain.
  • Creed Perfumes' majority investment from BlackRock LTPCJones Day acted as counsel to the management team of Creed Perfumes, one of the world’s leading artisan fragrance companies, following a transaction in which BlackRock Long Term Private Capital ("BlackRock LTPC") became the majority shareholder in the luxury brand.
  • ThinCats’ institutional investors advised in £160 million investment by Wafra Capital PartnersJones Day advised BAE Systems Pensions Trustees Limited, ESO InvestCo VI S.à r.l. and Black Lion Limited, the existing institutional shareholders of ThinCats, in connection with a £160 million strategic investment by Wafra Capital Partners in ThinCats, a leading alternative finance provider to mid-sized UK SMEs.
  • Pepper Global restructures corporate groupJones Day advised Pepper Global, a leading diversified global loan servicer and lender, on a major restructure of its corporate group.
  • DataBank acquires zColo for $1.4 billionJones Day advised DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services, in connection with the acquisition and financing of zColo, including certain U.S. and European data center assets, from Zayo Group Holdings, Inc. for $1.4 billion.
  • Koch Equity Development invests preferred equity in AIM listed Victoria plcJones Day advised Koch Equity Development LLC ("KED"), the acquisition and investment subsidiary of Koch Industries, Inc., on its investment into AIM listed Victoria plc ("Victoria"), a UK-based global designer, manufacturer, and distributor of flooring products.
  • Ki raises $500 million to fund expansionJones Day has advised the management team of Ki, the first fully digital and algorithmically-driven Lloyd's syndicate, in the $500 million investment in Ki by funds managed by Blackstone Tactical Opportunities and Fairfax Financial Holdings Limited.
  • Convoy Global Holdings invests £10 million in Tandem MoneyJones Day advised Convoy Global Holdings Limited in its acquisition of 49,476,049 Ordinary B Shares in Tandem Money Limited, a digital retail banking provider, for £10 million.
  • JinkoSolar sold two solar photovoltaic (PV) plants in Mexico to White River RenewablesJones Day advised JinkoSolar Holding Co., Ltd., one of the world's largest and most innovative solar panel manufacturers, in the sale of two solar photovoltaic (PV) plants in Mexico to White River Renewables.
  • Pepper Group to sell Pepper European Servicing to Link Group for €165 millionJones Day is advising Pepper Group Limited, a leading diversified global consumer finance business, in connection with its sale of Pepper European Servicing (PES) to Link Group.
  • Truck-Lite receives significant investment from Genstar CapitalJones Day advised Truck-Lite Co., LLC, a leading provider of safety lighting, filtration systems, and telematics services for commercial vehicles, in connection with Genstar Capital's significant investment in Truck-Lite.
  • Verint acquires TransversalJones Day advised Verint Systems Inc., a leader in customer engagement solutions, in its acquisition of Transversal, a pioneer in knowledge automation solutions.
  • Blackstone Group invests €175 million (US$196.4 million) in Superbet RomaniaJones Day advised The Blackstone Group in its €175 million (US$196.4 million) minority equity investment in Superbet, the largest omni-channel sports betting and gaming operator in Romania.
  • Timken acquires The Diamond Chain CompanyJones Day advised The Timken Company in its acquisition of The Diamond Chain Company, a supplier of high-performance roller chains for industrial markets, from Amsted Industries.
  • INVISTA sells German HVA polymer asset to Indorama VenturesJones Day advised INVISTA in the sale of INVISTA Resins & Fibers GmbH to Indorama Ventures Public Company Limited.
  • SRG Global invests in The Lighting ConsultantsJones Day advised SRG Global, a Guardian company, in its investment in The Lighting Consultants, an automotive lighting manufacturer.
  • INVISTA sells Apparel & Advanced Textiles business to Shandong Ruyi Investment HoldingJones Day advised INVISTA, a subsidiary of Koch Industries, Inc., in its sale of INVISTA’s Apparel & Advanced Textiles business to Shandong Ruyi Investment Holding.
  • Molex acquires Laird Connected Vehicle Solutions divisionJones Day advised Molex Electronic Technologies, LLC, a leading global manufacturer of electronic solutions, on its acquisition of the Connected Vehicle Solutions division of Laird Limited.
  • Speaking Engagements

    • February 14, 2012
      International Perspective: Doing Business in Foreign Markets