Biography
Grant has been part of the teams advising:
- A major financial institution, as administrative agent, in a $1 billion senior secured term and revolving facility for Krispy Kreme Doughnuts Inc., to refinance existing indebtedness
- Advent International in the investment in LBS Group
- Special Committee of the Board of Directors of Agiliti, Inc. in its merger with affiliates of Thomas H. Lee Partners, L.P in a transaction that implies an enterprise value of approximately $2.5 billion
- Blue Bird Corporation (a portfolio company of American Securities, LLC) in a $250 million senior secured term and revolving facility
- Blue Bird Corporation and an affiliate of American Securities, LLC, as selling stockholder, in a $52.5 million secondary offering of 2,500,000 shares of common stock and, in a $63 million secondary offering of 2,500,000 shares of common stock, and in a $133 million secondary offering of 4,042,650 shares of common stock
- Brookfield Asset Management, Inc.
- in its formation of Brookfield Infrastructure Fund V, L.P., a $30 billion global infrastructure fund
- in the formation of Brookfield Infrastructure Debt Fund III, LP, a $6 billion infrastructure debt focused fund
- Churchill Capital VII in its pending $1.58 billion business combination with CorpAcq Holdings Limited
- Citi, as administrative agent, in $800 million unsecured revolving and term facilities for Masimo Corporation to finance its acquisition of Sound United LLC
- Clarience Technologies, Inc. (a portfolio company of Genstar Capital) in its acquisition of Pressure Systems International, LLC and the assets of Truck System Technologies, Inc.
- Covetrus, Inc. in its $4 billion sale to CD&R, a holder of approximately 24% of Covetrus' outstanding common stock, and TPG
- Digital Realty Trust, Inc. in definitive agreements with Brookfield Infrastructure Partners L.P. and its institutional partners, Cyxtera Technologies and Digital Core REIT, that successfully resolve the relationships with Cyxtera, including its (i) $459 million sale of four data centers located in California and New Jersey, (ii) $44 million purchase and termination of three of Cyxtera’s leases in Germany and Singapore, (iii) assignment to Brookfield of three leases in Los Angeles and New Jersey and (iv) purchase option to acquire from Brookfield one colocation center outside of London
- The Estée Lauder Companies Inc. in its $650 million offering of investment grade senior unsecured notes
- First Light Acquisition Group in its merger with with Calidi Biotherapeutics, Inc.
- An affiliate of Goldman Sachs Asset Management, as administrative and collateral agent, in $820 second lien term facilities to finance in part Brookfield Asset Management's $8.3 billion acquisition of CDK Global, Inc.
- Galvanize Climate Solutions in its investment in Ascend Analytics
- The Home Depot in its $18.25 billion acquisition of SRS Distribution Inc.
- Iron Mountain in its acquisition of Regency Technologies
- JPMorgan Chase, as lead arranger and administrative agent, in a $400 million senior secured revolving facility for Etsy Inc.
- Kenect, LLC (a portfolio company of PSG) its acquisition of Friendemic Inc.
- KIK Consumer Products (a portfolio company of Centerbridge Partners) in the sale of its Auto Care business to Recochem
- The Kroger Company in its pending $24.6 billion merger with Albertsons Companies, Inc.
- The Kroger Company, along with The Albertsons Companies, Inc., in the approximately $1.9 billion sale of 413 stores, as well as select banners, distribution centers, offices and private label brands, to C&S Wholesale Grocers, LLC in connection with Kroger’s proposed merger with Albertsons Companies Inc.
- The Kroger Company in its pending sale of Kroger Specialty Pharmacy to CarelonRx Inc.
- Main Event Entertainment, Inc. (a subsidiary of Ardent Leisure Group Limited in which RedBird Capital is a minority investor) in its $835 million sale to Dave & Buster’s, Inc.
- MarketAxess Holdings Inc. in its acquisition of Pragma LLC
- Quest Diagnostics Inc. in its $300 million acquisition of Haystack Oncology
- Redbox Entertainment Inc. in its sale to Chicken Soup for the Soul Entertainment, Inc.
- Reservoir Capital Group, LLC in sale of its majority stake in ClearCaptions LLC to CC Opportunities, LLC
- Sanofi SA in its acquisition of Provention Bio Inc. for $2.9 billion in cash
- SoftBank Group Corp. and SoftBank Vision Fund II in connection with WeWork’s chapter 11 cases with $3.8 billion in aggregate principal amount of funded debt
- Warner Bros. Discovery, Inc. in its sale of AT&T SportsNet Southwest to Houston Astros and Houston Rockets
Grant is recognized for Tax Law by Best Lawyers: Ones to Watch in America 2024.
Grant received his LL.M., with distinction, from Georgetown University Law Center, where he made the Dean’s List and was a recipient of the CALI Award for Tax Planning for Corporate Acquisitions Seminar. He received his J.D. from Georgetown University Law Center, where he served as Senior Executive Editor of the Georgetown Immigration Law Journal, and his B.A., cum laude, from Harvard University, where he was a recipient of the Susan Anthony Potter Prize and the Ned Weld Above and Beyond Award. He is fluent in Spanish and Portuguese.
Awards and Recognition, Speaking Engagements, Guides and Resources, Latest Thinking, Firm News & Announcements
Latest Thinking
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Easy as ABC – IRS Issues Final Rules Aimed at Stymieing Killer Bs
Blog Post — Tax Blog
— By
Devon Bodoh,
Greg Featherman and
Grant Solomon
— July 18, 2024
On July 17, 2024, the Treasury Department (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations under Section 367(b) of the Internal Revenue Code (the “Code”) that provide guidance applicable to: the treatment of property used to acquire parent stock or securities in connection with certain triangular reorganizations involving one or more foreign corporations; the consequences to persons that receive parent stock or securities pursuant to those reorganizations; and the treatment of certain subsequent inbound nonrecognition transactions following those reorganizations and certain other tax-free transactions (the “Final Regulations”). The Final Regulations adopt, without significant modification, the proposed regulations (published in the Federal Register on October 6, 2023) (the “Proposed Regulations”). ...
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Final Regulations: Guidance on Reporting and Payment of Excise Tax
Blog Post — Tax Blog
— By
Devon Bodoh and
Grant Solomon
— July 02, 2024
On June 28, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “IRS”) released final regulations (T.D. 10002) (the “Final Regulations”) that provide guidance applicable to the reporting and payment of the excise tax under section 4501 of the Internal Revenue Code of 1986, as amended (the “Code”), on repurchases of
The post Final Regulations: Guidance on Reporting and Payment of Excise Tax appeared first on Weil Tax BLOG.
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Clear as Mud – Chevron Irreverence and Tax Law
Blog Post — Tax Blog
— By
Devon Bodoh and
Grant Solomon
— July 01, 2024
In a 6-3 decision written by Chief Justice Roberts, the Supreme Court in Loper Bright Enterprises v. Raimondo overturned the Court’s decision in Chevron v. Natural Resources Defense Council, 467 U.S. 837 (1984), and held that federal agency interpretations of law are not entitled to any deference (such as the deference provided to the Department
The post Clear as Mud – Chevron Irreverence and Tax Law appeared first on Weil Tax BLOG.
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Moore of the Same: “The Constitution does not require Fiscal Calamity…” The Supreme Court’s Scathing Rejection of the Moores’ Constitutional Tax Challenge
Blog Post — Tax Blog
— By
Devon Bodoh,
Greg Featherman,
Grant Solomon and
Theo Agbi
— June 21, 2024
On June 20, 2024, the Supreme Court issued its opinion in Moore v. United States, ruling 7-2 that the Tax Cuts and Jobs Act’s mandatory repatriation tax under Section 965 of the Internal Revenue Code does not violate the Direct Tax Clause of the Constitution. Congress enacted the MRT as part of the TCJA’s shift to a more territorial tax system. ...
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Updated Procedures for Section 355 Private Letter Rulings: Rev. Proc. 2024-24 and Notice 2024-38
Blog Post — Tax Blog
— By
Devon Bodoh,
Graham Magill,
Blake Bitter,
Madeline Joerg,
Grant Solomon and
Adam Sternberg
— May 13, 2024
On May 1, 2024, the Treasury Department and Internal Revenue Service (the “Treasury” and “IRS,” respectively) issued Revenue Procedure (“Rev. Proc.”) 2024-24 and Notice 2024-38 (collectively, the “Guidance”). The Rev. Proc. provides procedures for requesting private letter rulings from the IRS relating to certain matters pertaining to transactions intended to qualify under Section 355 and related provisions of the Internal Revenue Code of 1986, as amended (the “Code”).[1] Notice 2024-38 describes the views and concerns of the Treasury and IRS regarding certain matters addressed in the Rev. Proc. The Guidance modifies Rev. Proc. 2017-52 and supersedes Rev. Proc. 2018-53. ...
Firm News & Announcements
- Weil Advised KIK Consumer Products in Sale of Auto Care Business to Recochem Deal Brief — June 18, 2024
- Weil Lawyers Named to 2023 Capital Pro Bono Honor Roll Firm Announcement — June 03, 2024