Pardis Zomorodi

Mergers & Acquisitions and  Capital Markets

Pardis's recent representative M&A and capital markets transactions include advising:

• Lineage, Inc. in its US$4.4 billion initial public offering of common stock listed on Nasdaq—the largest initial public offering by a REIT
• Skydance Media in its US$28 billion merger with Paramount to form “New Paramount,” a next-generation media and technology company
• Silver Lake in its lead participation, along with DigitalBridge, in an investment in Vantage Data Centers, a leading global provider of hyperscale data center campuses
• Healthpeak Properties in its US$21 billion merger with Physicians Realty Trust, a self-managed health care real estate company
• Ares Management in its US$175 million acquisition of Crescent Point Capital, a Singapore-based private equity firm
• Harley-Davidson in the US$1.77 billion business combination between its electric motorcycle division, LiveWire, and AEA-Bridges Impact Corp., a special purpose acquisition company
• Extra Space Storage in its US$12.4 billion acquisition of Life Storage, a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities
• INDUS Realty Trust in its US$868 million sale to Centerbridge Partners and GIC Real Estate
• Virgin Galactic in its merger with Social Capital Hedosophia, creating the first publicly-traded commercial human spaceflight company
• Entercom in its US$3 billion merger with CBS Radio
• Ares Capital Corporation in its US$3.4 billion acquisition of American Capital
• Legendary Entertainment, a US-based film and television production company, in its US$3.5 billion majority stake sale to Dalian Wanda Group
• Participant Media in its joint venture with DreamWorks Studios, Reliance Entertainment, and Entertainment One to form Amblin Partners, a new film, television, and digital content creation company

REITs

Her REIT clients, including as underwriter’s counsel, consist of:

• Lineage, Inc.
• Healthpeak Properties, Inc.
• Rexford Industrial Realty, Inc.
• Sunstone Hotel Investors, Inc.
• Extra Space Storage Inc.
• Summit Hotel Properties
• Douglas Emmett, Inc.

Spin-off Transactions

Pardis has also represented multiple clients in spinning-off business segments and divisions to create stand-alone, independent publicly listed companies, including:

• Howard Hughes Holdings in its tax-free spin-off of its Seaport Entertainment division into a separate public company 
• Colfax Corporation in its tax-free spin-off of its fabrication technology and specialty medical technology businesses into two differentiated, independent, and publicly-traded companies
• Worthington Industries in its tax-free spin-off of the company’s steel processing business into a new public company
• Ligand Pharmaceuticals in the tax-free distribution of its OmniAb antibody discovery business and the subsequent business combination with Avista Public Acquisition Corp. II, resulting in OmniAb, Inc. becoming an independent publicly traded company
• Delphi Automotive in its tax-free spin-off of the Powertrain Systems segment to its shareholders
• Exterran Holdings, Inc. in its tax-free spin-off of its international services and global fabrication businesses, a publicly traded company, to its shareholders