Thomas Verity

Partner Norton Rose Fulbright US LLP
Houston
United States
+1 713 651 5427
Houston
United States
+1 713 651 5427
Thomas Verity

Thomas Verity

Biography

Thomas Verity focuses his practice on mergers and acquisitions involving public and private strategics, particularly for clients in the energy sector. His robust transactional practice also includes advising multinational corporations, private equity sponsors, financial advisors and special committees of boards of directors through corporate finance transactions and general corporate and securities matters.

Thomas has significant experience in spin-off, carve-out and de-SPAC transactions. In addition, he is proficient in initial public offerings (IPO), equity and debt offerings and other registered and unregistered offerings. Thomas’ commercial pragmatism and ability to build rapport across multijurisdictional stakeholders and advisors enables to navigate commercial and regulatory hurdles efficiently and effectively.

Professional experience

Representative experience

Representative experience

Energy Infrastructure

  • Represented a specialty contractor for the utility, communications, pipeline and energy industries on its US$2.7 billion acquisition of one of North America’s largest utility-scale renewable energy infrastructure solutions provider
  • Represented a leading integrated downstream energy provider on its US$3.4 billion take-private acquisition of an MLP which owns, operates and develop midstream assets
  • Represented a global chemicals company on its US$2 billion sale of a 50 percent stake in a Louisiana chemical plant to form a joint venture with a multinational chemical company
  • Represented a Dallas-based midstream energy company on its US$7.2 billion acquisition of a publicly traded MLP which owns, operates and develop natural gas and crude oil infrastructure assets
  • Represented a Dallas-based midstream Energy company on its US$62 billion take private of its MLP
  • Represented one of North America's largest midstream energy companies on the sale of its compression business
  • Represented an independent natural gas production company with operations focused in the Appalachian Basin on its US$1.03 billion acquisition of gathering systems in Ohio and West Virginia
  • Represented a full-service, diversified midstream logistics company on its:
    • US$1.8 billion acquisition of crude oil pipelines and gathering assets in Southern New Mexico and in the Permian Basin in West Texas
    • US$3.8 billion exchange of incentive distribution rights
  • Represented a midstream company with assets primarily in the Williston Basin area of North Dakota on its US$390 million IPO
  • Represented a special purpose acquisition company (SPAC) in its joint venture to form a US$3.5 billion pure-play Permian Basin midstream company

Upstream

  • Represented an independent oil and natural gas company focused on the Permian Basin on:
    • Its US$7 billion merger with a Midland-based independent oil and natural gas company to create the largest pure-play E&P company in the Delaware Basin
    • Numerous debt and equity offerings
  • Represented an energy company focused on onshore oil and natural gas assets in its US$2.2 billion acquisition of a Plano-based energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in Northwest Louisiana
  • Represented a Midland-based independent oil and natural gas company on acquiring an oil and gas company operating in the Permian Basin in an all-stock transaction
  • Represented a Denver-Julesburg (DJ) Basin operator on its US$1.3 billion sale to a domestic independent exploration and production company with operations in the Wattenberg Field in Colorado and in the Delaware Basin in West Texas
  • Represented a publicly traded oil and gas company on its US$729 million merger of equals with an independent oil and natural gas company
  • Represented an energy-focused private equity firm on numerous acquisitions and co-investments
  • Represented an energy-focused alternative asset manager on its creation of a joint venture of an independent oil and natural gas company
  • Represented the initial purchasers on an industry-leading contract driller’s US$350 million senior notes offering

Renewables

  • Represented a global, vertically integrated provider of hydrogen energy systems, services and equipment in connection with its entry into a business combination agreement with a SPAC
  • Represented an American motorcycle manufacturer on a US$1.77 billion de-SPAC merger which resulted in the first publicly traded electric vehicle motorcycle company in the US
  • Represented a global energy company in connection with the formation and acquisition of interests in multiple joint ventures.
  • Represented an energy and commodities trading company on its transformative compressed natural gas (CNG) joint venture with one of the world’s leading integrated energy companies
  • Represented a technology provider to the traditional and new energy industries on the spin-off of its onshore/offshore business to create a standalone publicly traded company listed on Euronext Paris, with a separate over-the-counter listing of its American depositary receipts
  • Represented a global energy transition investment firm on its US$250 million investment in an owner and developer of power generation assets in Latin America
  • Represented the underwriters to a limited partnership that owns, operates and acquires solar energy generation projects on its US$420 million IPO of common units

Gaming and Entertainment

  • Represented a Houston-based gaming, dining, hospitality and entertainment company on its:
    • US$1.56 billion sale of online casino and sports betting operation
    • US$8.6 billion de-SPAC combination
  • Represented a gaming venue operator on the US$2.485 billion sale of its gaming business to a publicly traded operator of racing entertainment venues and regional casinos
  • Represented Chinese multinational technology conglomerate and holding company in the merger of China’s country's top two videogame streaming sites

Education

Education

  • JD, University of Texas School of Law, 2013
  • BA, University of Texas, 2009

Admissions

Admissions

  • Texas State Bar

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