A partner in the Tax Department, Sohail Itani advises clients on a variety of tax matters in connection with domestic and international transactions across multiple industries. Itani provides tax counsel to investment funds and their portfolio companies, as well as strategic clients, in the structuring and negotiation of taxable and tax-free mergers & acquisitions (both public and private deals), spin-offs, divestitures, partnerships and joint ventures, debt restructurings and liability management transactions, preferred equity investments and private credit and other financing transactions. Additionally, Itani advises asset managers on tax and structuring matters relating to the formation and operation of investment funds (including private equity and credit funds), as well as family offices in connection with the structuring and acquisition of their investments. Itani also has extensive experience in tax matters related to the formation of SPACs and SPAC business combinations.
Lawdragon Honors
| Honor | Year | Practice |
|---|---|---|
| The 2026 Lawdragon 500 X – The Next Generation | 2026 | Tax |
| The 2025 Lawdragon 500 X – The Next Generation | 2025 | Tax |
| The Inaugural Lawdragon 500 Leading Global Tax Lawyers | 2025 | M&A, Tax Transactional, Private Equity |
| The 2024 Lawdragon 500 X – The Next Generation | 2024 | Tax |
Itani’s recent transactions include representing:
- Apollo Global Management and affiliated funds in numerous high-profile transactions, including in:
- its $6.3 billion acquisition of International Game Technology’s gaming and digital business IGT Gaming and Everi Holdings
- their ¥311 billion investment (approximately $2.05 billion) to acquire a majority stake in Panasonic Automotive Systems Co.
- the $6.25 billion acquisition of The Venetian Resort and Sands Expo and Convention Center from Las Vegas Sands Corporation
- the take-private acquisition of Atlas Air Worldwide, for an enterprise value of $5.2 billion
- the $7.5 billion acquisition of the incumbent local exchange carrier (ILEC) business of Lumen Technologies in 20 U.S. states to create Brightspeed, the nation’s fifth largest ILEC
- the $2.4 billion sale of the safety business of Intrado, an Apollo portfolio company, to Stonepeak
- the $4.5 billion sale of its portfolio company McGraw-Hill to Platinum Equity
- the representation of the lenders for the investment in a 50% stake in Ørsted’s Hornsea 3, the world’s largest offshore wind project
- IBM in its:
- strategic partnership with Palo Alto Networks
- $4.6 billion acquisition of Apptio
- sale of The Weather Company to Francisco Partners
- $34 billion acquisition of Red Hat, creating the world’s largest hybrid cloud provider
- Berkshire Partners in its:
- investment in Mielle Organics and subsequent sale of the company to P&G Beauty
- acquisition of a majority stake in Harvey Performance Company from Summit Partners
- Nuance Communications:
- in the spin-off of its Automotive software business to form Cerence
- in its $19.7 billion sale to Microsoft
- Coca Cola in its approximately $2.4 billion repurchase of all outstanding shares of its common stock owned by The Coca-Cola Company
- Several SPAC representations including:
- Algoma Steel, Inc. in its combination with Legato Merger Corp.
- D-Dave in its combination with DPCM Capital
- SVF Investment Corp. 3 (a SoftBank SPAC) in its merger with Symbotic to form a publicly traded company with a pro-forma equity value of $5.5 billion