Benjamin S.Jacobs (Ben)

Partner

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.

Expérience

  • TopBuild acquires Specialty Products & InsulationJones Day is advising TopBuild Corp. (NSYE: BLD) in its acquisition of Specialty Products & Insulation from private equity firm Incline Equity Partners in an all-cash transaction valued at $960 million.
  • Affinity Partners leads €207 million Series F financing of EGYMJones Day represented Affinity Partners in its acquisition of an interest in EGYM, a global fitness technology and corporate health innovation leader, in a Series F financing of €107 million, with an additional €100 million available for future investments.
  • Labcorp completes spin-off of FortreaJones Day represented Labcorp (NYSE: LH), a leading global life sciences company, in the spin-off of Fortrea, the newly formed independent Contract Research Organization providing Phase I-IV clinical trial management, market access and technology solutions to pharmaceutical and biotechnology organizations around the world.
  • Prophet Capital completes continuation vehicle investment with natural gas producerJones Day advised Prophet Capital Asset Management LP in the restructuring of an existing fund into a continuation investment vehicle in connection with the leading of a buy-out of other third party investors in a natural gas producer, with a total transaction value of approximately $270 million.
  • Doctrine partners with Summit Partners and Peugeot InvestJones Day advised Forseti (d/b/a Doctrine), a French legaltech developing the leading search engine for precedents, in connection with the acquisition of a controlling stake by Summit Partners and Peugeot Invest.
  • Horizon Global merges with First Brands GroupJones Day represented Horizon Global Corporation in its acquisition by First Brands Group, LLC, a global automotive parts manufacturer that serves the worldwide automotive aftermarket.
  • Agencias Universales S.A. (AGUNSA) acquires 75% of the Carver Maritime Manatee port terminal operator in FloridaJones Day advised Agencias Universales S.A. (AGUNSA) in the acquisition of a 75% equity interest in Carver Maritime Manatee, a terminal operator at SeaPort Manatee, a deep water seaport located at the entrance to Tampa Bay in northern Manatee County, Florida.
  • Meridian Bioscience agrees to be acquired by SD Biosensor and SJL Partners in $1.53 billion all-cash transactionJones Day advised Meridian Bioscience, Inc. in its $1.53 billion all-cash acquisition by SD Biosensor and SJL Partners.
  • Cargill acquires Owensboro GrainJones Day advised Cargill, Incorporated in the acquisition of Owensboro Grain Company.
  • Avient divests distribution business to H.I.G. CapitalJones Day advised Avient Corporation in the $950 million sale of its Distribution business to an affiliate of H.I.G. Capital.
  • EagleTree backed company Arc acquires HR Technology and Education Technology portfolios from LRP Media GroupJones Day advised EagleTree Capital in the acquisition and financing by Arc of a portfolio of event and related media assets serving the HR Technology and Education Technology sectors from LRP Media Group.
  • Infinite Computer Solutions acquires SIS unit, Costa Rica operations of FiservJones Day is advising Infinite Computer Solutions, Inc. in the acquisition of the systems integration services unit and Costa Rica operations of Fiserv.
  • Deezer invests to create livestreaming powerhouse as Driift acquires DreamstageJones Day is advising Deezer S.A. in its £4 million investment in the merger of Driift and Dreamstage, creating a livestreaming powerhouse.
  • EagleTree Capital acquires MacKenzie-Childs from Castanea PartnersJones Day advised EagleTree Capital in the acquisition and financing of MacKenzie-Childs, the artisan-driven American heritage home decor brand, from Castanea Partners.
  • Avient acquires DSM Protective Materials businessJones Day advised Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, in the $1.485 billion acquisition and financing 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.
  • American Industrial Partners portfolio company Vertex merges with VectrusJones Day advised 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.
  • Deezer merges with and into I2PO S.A.Jones Day advised Deezer S.A. in the context of the SPAC transaction whereby Deezer S.A. 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.
  • DataBank converts to a REIT and recapitalizes to bring in new investorsJones Day advised DataBank as special tax counsel in connection with its conversion to a real estate investment trust (REIT) and a complex recapitalization of its capital structure to bring in new investors.
  • Infobase receives majority investment from Northlane Capital PartnersJones Day represented Centre Lane Partners, LLC in connection with the majority investment from Northlane Capital Partners in Infobase.
  • Verizon sells former Yahoo small business portfolioJones Day advised Verizon in the sale of the former Yahoo small business essentials portfolio to Infinite Computer Solutions.