EXPERIENCE

Ravi’s M&A experience includes advising clients across varied industries. Notable representations have included:

DIGITAL INFRASTRUCTURE

• 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
• DigitalBridge in its structured investment into a fiber optics company, its $820 million acquisition of Telenet’s mobile telecommunication tower business, and its acquisition of Landmark Dividend
• Basalt Infrastructure Partners in its acquisition of Fatbeam
• Wafra in its partnership with Post Road Group and Intermountain Infrastructure Group
• OpticalTel in a majority investment by Antin Infrastructure Partners
• 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
• GI Partners in the $1.1 billion take private acquisition of ORBCOMM
• Morgan Stanley Infrastructure Partners in its $3.2 billion acquisition of a 49.99% interest in the Lightpath fiber enterprise business of Altice USA
• Alinda Capital Partners in its $600 million sale of DukeNet Communications to Time Warner Cable and its $625 million acquisition of EmiTel from Montagu Private Equity
• XM Satellite Radio Holdings in its $13 billion merger of equals with Sirius Satellite Radio
• Fortress Investment Group in its $5.8 billion acquisition of portfolio company, Global Signal

ENERGY INFRASTRUCTURE

• Canada Pension Plan Investment Board in its approximately $843 million (C$1.2 billion) investment in Tallgrass Energy
• The special committee of Avangrid in the $2.6 billion acquisition of the company’s remaining shares by Iberdrola
• ConocoPhillips in its acquisition of a 30% ownership stake and offtake arrangements with Sempra Infrastructure Partners at Port Arthur LNG Facility
• Wafra in its acquisition of a controlling interest in Mission Clean Energy
• Blackstone Infrastructure Partners in its acquisition of a $2.15 billion minority equity stake in Northern Indiana Public Service Company (NIPSCO), its acquisition of a $1 billion minority equity stake in FirstEnergy Corp, the $7 billion acquisition of an approximately 42% stake in Cheniere Energy Partners by Blackstone Infrastructure Partners and Brookfield Infrastructure, its $3.6 billion take private acquisition of the limited partner interests in Tallgrass Energy held by public shareholders and its $3.3 billion acquisition of General Partner and Limited Partner interests in Tallgrass Energy from Kelso, Energy Minerals Group and Management
• Alinda Capital Partners in its $1.15 billion acquisition, and subsequent $2.1 billion sale of, Houston Fuel Oil Terminal Company; its £350 million private takeover of Energy Assets Group; its $1.89 billion sale of SourceGas Holdings to Black Hills Corporation; its acquisition of an 59% ownership stake in Howard Energy Partners and subsequent follow-on joint ventures and acquisitions, including a $850 million joint venture with WPX Energy and $500 million acquisition of Southwestern Energy Pennsylvania gas gathering assets; its acquisition of 50% of the General Partner interest in Martin Midstream Partners; its $505 million acquisition of NorTex Gas Storage; its $525 million acquisition of 50% interest in Regency Haynesville Partnership Co. from Regency Energy Partners and its acquisition of a majority ownership interest in agri.capital
• 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
• Alinda Capital Partners in its $800 million acquisition, and the $1.87 billion subsequent sale, of InterPark Holdings; its $1.05 billion sale of Aberdeen Airport, Southampton Airport, and Glasgow Airport by Heathrow Airports Holdings to a consortium of Macquarie European Infrastructure Fund and Ferrovial Aeropuertos; its acquisition and sale of an ownership interest in BAA Ltd./Heathrow Airport and its acquisition of Virginia International Gateway from A.P. Moller-Maersk Group
• Fortress Investment Group in its $3.5 billion acquisition of Florida East Coast Industries and its $1.1 billion acquisition of RailAmerica
• Textron in its $242 million acquisition of Pipistrel
• TECO Energy in the $405 million sale of TECO Transport Corporation to Greenstreet Equity Partners

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

ADDITIONAL PRIVATE EQUITY TRANSACTIONS

• Searchlight Capital Partners in its investment in Adams Outdoor Advertising
• Alinda Capital Partners in its $505 million sale of Reliance Protectron to ADT Corporation and its sale of Republic Intelligent Transportation Services to Siemens AG
• 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
• Apollo Investment Corporation in its $1.5 billion acquisition of Innkeeper USA Trust

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 and honored as one of the Equity Deals of the Year in 2007 by International Financial Law Review
• Underwriters on the initial public offering of The Blackstone Group, an alternative asset manager
• Significant experience with numerous debt and credit instruments, including Term Loan A, Term Loan B, private placements, line of credit and revolving credit lines

Prior to his private legal experience, Ravi worked as a Managing Director and founding member of the Investment Team at Blackstone Infrastructure Partners and also recently served as the General Counsel of Blackstone Infrastructure Partners. Earlier, he also served as a Managing Director at Alinda Capital Partners, an infrastructure investment firm.

Ravi is a frequent speaker and writer on developments in infrastructure, energy, private equity and M&A. He has been quoted in numerous articles in business and legal publications.

Ravi is involved in numerous professional, academic and community organizations. He currently serves on the Board of Visitors for Columbia Law School, Board of Directors of South Asian Youth Action and received the South Asian Bar Association of New York (SABANY) Corporate Leadership Award in 2019.