Jai Garg
Jai Garg focuses on a wide variety of compensation and benefit-related matters, with a particular focus on issues that arise in connection with M&A transactions and capital markets.

He regularly advises both U.S. and non-U.S. companies regarding equity-based incentives, employment arrangements, tax law compliance, disclosure, securities and corporate governance. He also regularly advises private equity and family office clients regarding the structuring and implementation of tax-efficient compensation arrangements for their funds and portfolio companies.

In addition, he has advised numerous individual executives, founders, and management teams in connection with the negotiation of employment, equity and severance agreements and in connection with private equity and M&A transactions. 

Expertise

Experience

Representative matters

  • J.F. Lehman in multiple transactions, including:
    • acquisition of Atomic Transport, LLC
    • sale of Narda-Miteq to Amphenol Corporation, a supplier of high-technology interconnect, sensor and antenna solutions.
    • acquisition of Envirosafe Services of Ohio, Inc. and its acquisition of Worldwide Recovery Systems, Inc. and Yes Management Inc by its portfolio company Crystal Clean.
    • acquisition of assets of Carbon Shield.
    • sale of its portfolio company, ENTACT, to an investment affiliate of Ridgemont Equity Partners. 
    • acquisition of Reclamation Technologies USA.
    • acquisition of Tradewater, LLC.
  • Intercontinental Exchange on its
    • USD2bn investment in Polymarket
    • USD11 bn acquisition of Ellie Mae
    • USD13.1bn merger with Black Knight, Inc.
  • Puratos Group on the definitive agreement to acquire all of the issued and outstanding shares of capital stock of Dawn Foods, Inc.
  • IK Partners and its portfolio company, Plastiflex Group NV, on Plastiflex’s acquisition of Steward Plastics, LLC.
  • Circet, a global network services provider, in various matters on its:
    • acquisition of Further, LLC.
    • acquisition of Gemini Communications and its subsidiaries
    • acquisition of CACI
  • Granite Construction Inc. in multiple transactions and divestitures, including:
    • acquisitions of Warren Paving and Papich Construction, two leading aggregates producers, for a combined purchase price of USD710m.
    • divestiture of its Inliner business to Inland Pipe Rehabilitation.
    • USD536m acquisition of Layne Christensen.
    • acquisition of Cinderlite Trucking Corporation and its related property assets
  • MAI Capital Management, a registered investment advisor, in its combination with Evoke Advisors
  • Sanmina Corporation in its USD3bn acquisition of ZT Systems’ data center business.
  • New Mountain Capital in multiple transactions by portfolio companies, including: 3E, Amerit, Aegion Corporation (fka Azuria Water Solutions), Cumming Group, Datassential, Novacore, and Profile Products.
  • Runna on its 100% acquisition by Strava.
  • DoorDash in connection with its acquisition of SevenRooms, a New York City-based hospitality tech company. 
  • Mubadala in its acquisition, together with Fortress management, of Fortress Investment Group from SoftBank Group Corp.
  • Galway Holdings in connection with the acquisition of a majority stake in MAI Capital Management by global investment firm Carlyle.
  • Hitachi Energy in connection with their pending acquisition of Canduct Industries.
  • EPIC Brokers & Consultants and its affiliates in numerous acquisitions, including the acquisitions of New Energy Risk and Reel Media, LLC by Paragon Insurance Holdings and the acquisitions of Treloar & Heisel, Dixon Wells and Sitzmann, Morris & Lavis Insurance by EPIC.
  • Investcorp Europe Acquisition Corp I, a special purpose acquisition company in connection with its USD426m business combination with Orca Holdings Limited.
  • Mother Lode Holding Co. in connection with its acquisition by First American Financial Corporation.
  • Liveoak Technologies on its sale to DocuSign.
  • Citrix Systems, Inc. in connection with its acquisition of Wrike, Inc.
  • OMERS Infrastructure Management on the acquisition of Leeward Renewable Energy from affiliates of ArcLight Capital Partners and the acquisition of the development business of First Solar, Inc.
  • CVS Health on its USD69bn acquisition of Aetna.
  • General Electric in its combination of GE Oil & Gas and Baker Hughes to create a USD32bn oilfield provider and subsequent transactions with Baker Hughes.
  • B/E Aerospace in its USD6.4bn merger with Rockwell Collins.
  • Atlas Holdings in various transactions, including the acquisition of USF Holdings from the Gores Group.
  • The transaction committee of Gener8 Maritime, Inc. in its stock-for-stock merger with Eurnoav NV.
  • Textron Inc. in the divestiture of its Tools & Test business to Emerson Electric Co.

Qualifications

Admissions

Attorney-at-Law, State of New York, US, 2017

Academic

Grinnell College, B.A. in Political Science and Religious Studies (2011)

Washington University School of Law, J.D. (2016)

Languages

English, Hindi
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.