Ravi Purohit is Co-Head of Infrastructure, a member of the Mergers & Acquisition Practice and a member of the Private Equity M&A Group at Paul, Weiss. Purohit advises strategic companies, institutional investors and financial sponsors globally on mergers and acquisitions, dispositions, investments, joint ventures as well as other general corporate and financing matters. He is a nationally recognized leading lawyer in the energy and infrastructure space and regularly counsels clients involved in oil and gas, renewables, utilities, transportation, telecommunication, water and waste transactions. Purohit’s experience encompasses more than $275 billion of transactions and many landmark energy and infrastructure transactions across various sectors including a number of first-of-their-kind deals.
Lawdragon Honors
Purohit’s M&A experience includes advising clients across varied industries. Notable representations have included:
Digital Infrastructure
- Brookfield Infrastructure in the $1.2 billion initial public offering of shares in Csquare, its acquisition of Cxytera and subsequent combination with Evoque Data Centers, and its multi-billion acquisition and strategic investment in Hotwire Communications from Hotwire founders and investment funds managed by Blackstone
- Blackstone Infrastructure Partners in its $10 billion acquisition of QTS Realty Trust and its acquisition of a 50% stake in Hotwire Communications with Blackstone Tactical Opportunities
- XM Satellite Radio Holdings in its $13 billion merger of equals with Sirius Satellite Radio
Energy Infrastructure
- MARA Holdings in its $1.5 billion acquisition of Long Ridge Energy & Power from FTAI Infrastructure Inc.
- ConocoPhillips in its acquisition of a 30% ownership stake and offtake arrangements with Sempra Infrastructure Partners at Port Arthur LNG Facility
- Blackstone Credit Partners (f/k/a GSO Capital) in its $1.6 billion acquisition of a preferred 45% structured equity interest in Targa Badlands, owner of Targa Resource’s assets in Dakota
Transportation Infrastructure
- American Triple I in capital raising and underlying investment into the development of Terminal 6 at John F. Kennedy Airport in New York
- Blackstone Infrastructure Partners in its €9.3 bllion acquisition of an 88% stake in Autostrade per I’Italia, its $4.7 billion take private acquisition of Signature Aviation with Global Infrastructure Partners and Cascade Investments, its take private acquisition of Applegreen and add-on acquisition of HMSHost and its acquisition of a growth equity stake and, subsequently, a majority equity stake in Carrix and SSA Marine
Water & Waste Infrastructure
- Alinda Capital Partners in the $2.82 billion sale of Reliance Home Comfort to Cheung Kong Property Holdings and Cheung Kong Infrastructure, its acquisition and subsequent sale of South Staffordshire, and the development, project financing and eventual sale of Santa Paula Water
- Wisconsin Energy Corporation in the $875 million sale of WICOR Industries to Pentair
Structured Equity Investments
- Keurig Dr Pepper in two strategic investments in KDP totaling $7 billion from Apollo and KKR as well as additional upsized financing for its $18.4 billion acquisition of JDE Peet’s
- Funds and affiliates managed by Apollo Global Management in an investment of $11 billion to acquire from Intel Corporation a 49% equity interest in a joint venture entity related to Intel’s Fab 34
Additional Private Equity Transactions
- Searchlight Capital Partners in its investment in Adams Outdoor Advertising
- Fortress Investment Group in its $888 million sale of 15% ownership interest in Fortress Investment Group to Nomura Holdings, the $1.2 billion acquisition by portfolio company Brookdale Senior Living of American Retirement Corporation and its $2.8 billion acquisition of Intrawest
Initial Public Offerings and Financings
- Fortress Investment Group on its initial public offering, marking the first public listing of an alternative asset manager in the US
- Underwriters on the initial public offering of The Blackstone Group, an alternative asset manager