Thomas Verity

Counsel

Houston
thomas.verity@lw.com
+1.713.546.7436

PRACTICES

  • Capital Markets
  • Mergers & Acquisitions
  • Private Equity

INDUSTRIES

  • Energy & Infrastructure
  • Hospitality, Gaming & Leisure
  • Technology

BAR QUALIFICATIONS

  • Texas

EDUCATION

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

PROFILE

Thomas Verity advises clients on complex cross-border mergers and acquisitions, corporate finance transactions, and general corporate and securities matters, particularly within the energy and infrastructure sector.

Thomas combines extensive transactional experience with commercial pragmatism to guide large multinational corporations, private equity sponsors, financial advisors, and special committees of boards of directors on:

  • Mergers and acquisitions involving public and private targets
  • De-SPAC, spin-off, and carve-out transactions
  • Corporate governance, shareholder activism, and crisis management
  • IPOs, high-yield debt offerings, and other registered and unregistered offerings

He leverages his strong ability to build rapport across multijurisdictional stakeholders and advisors to help clients efficiently navigate commercial and regulatory hurdles on compressed time lines.

A recognized leader at the firm, Thomas served on the Recruiting Committee and continues to play an active role in associate and lateral recruitment while maintaining an active pro bono practice.

EXPERIENCE

Thomas' recent experience includes advising:

Energy Infrastructure

  • Quanta Services on its US$2.7 billion acquisition of Blattner Energy
  • Phillips 66 on its US$3.4 billion take-private acquisition of Phillips 66 Partners
  • Sasol on its US$2 billion sale of a 50% stake in Lake Charles Chemical Plant to form a joint venture with LyondellBasell, a multinational chemical company
  • Energy Transfer on its US$7.2 billion acquisition of Enable Midstream Partners
  • Energy Transfer Equity on its US$62 billion acquisition of Energy Transfer Partners
  • Energy Transfer Partners on selling its compression business to USA Compression Partners
  • EQM Midstream Partners on its US$1.03 billion acquisition of Eureka Midstream Holdings and Hornet Midstream Holdings
  • Andeavor Logistics on its:
    • US$1.8 billion acquisition of Western Refining Logistics
    • US$3.8 billion exchange of incentive distribution rights
  • Hess Midstream Partners on its US$390 million initial public offering (IPO)
  • Kayne Anderson Acquisition Corp. on its joint venture with Apache to form a US$3.5 billion pure-play Permian Basin midstream company

Upstream

  • Centennial Resource Development on:
    • Its US$7 billion merger with Colgate Energy Partners III to create the largest pure-play E&P company in the Delaware Basin
    • Numerous debt and equity offerings
  • Chesapeake Energy on its US$2.2 billion acquisition of Vine Energy
  • Colgate Energy Partners III on acquiring Luxe Energy in an all-stock transaction
  • Great Western on its US$1.3 billion sale to PDC Energy
  • Midstates Petroleum on its US$729 million merger of equals with Amplify Energy, an independent oil and natural gas company
  • Mountain Capital Partners on numerous acquisitions and co-investments
  • OnyxPoint Energy on its equity investment in, and the restructuring of, PRES Holdings
  • The initial purchasers on Trinidad Drilling’s US$350 million senior notes offering

Renewables

  • H2B2 Electrolysis Technologies, a global, vertically integrated provider of hydrogen energy systems, services, and equipment, in connection with its pending deSPAC merger with RMC Acquisition Corp. III.
  • Harley-Davidson on LiveWire’s US$1.77 billion de-SPAC merger with AEA-Bridges Impact Corp., making LiveWire the first publicly traded electric vehicle motorcycle company in the US
  • Mercuria Energy Trading on its transformative compressed natural gas (CNG) joint venture with Chevron U.S.A.
  • TechnipFMC on the spin-off of its onshore/offshore business to create a standalone publicly traded company, Technip Energies, listed on Euronext Paris, with a separate over-the-counter listing of its American depositary receipts
  • Denham Capital on its US$250 million investment in Ceiba Energy, an owner and developer of power generation assets in Latin America
  • The underwriters to 8point3 Energy Partners on its US$420 million IPO of common units*

Gaming and Entertainment

  • Fertitta Entertainment on its:
    • US$1.56 billion sale of Golden Nugget Online Gaming to DraftKings
    • US$8.6 billion de-SPAC combination with FAST Acquisition Corp.
  • Peninsula Pacific Entertainment on the US$2.485 billion sale of its gaming business to Churchill Downs
  • Tencent Holdings on the merger of HUYA and DouYu International Holdings

*Matter handled prior to joining Latham