- Represented CommScope, a global network infrastructure provider, in its $7.4 billion acquisition of ARRIS International plc.
- Represented The Carlyle Group in its $7.4 billion acquisition of Veritas, an information management system provider, from Symantec Corporation.
- Represented the Ali Group, a global leader in the foodservice equipment industry, in its $3.4 billion acquisition of Welbilt, Inc.
- Represented the Ali Group, as parent of Welbilt, Inc., in its $1.6 billion sale of Manitowoc Ice, a provider of commercial ice makers, to Pentair plc.
- Represented Pamlico Capital in its sale of and reinvestment in Clarity Telecom d/b/a Vast, a broadband communications platform focused on providing Internet, cable television, and telephone services.
- Represented Ridgemont Equity Partners in its sale of Munch's Supply, a leading wholesale distributor of HVAC equipment.
- Represented sponsors of, and investors in, hedge funds, private equity funds, venture capital funds, real estate funds, funds of funds, crypto funds, and secondaries.
- Advised software and other startup companies and their investors on issues relating to the capital gains exclusion for qualified small business stock under Section 1202.
- Advised investment funds entering into, and on transfers of rights under, tax receivable agreements.
- Advised insurance companies on coverage for specified tax risks.
Partner,
- Phone: +1 704 444 1272
- Email: danny.reach@alston.com
Drawing on his experience in corporate finance and accounting, Danny helps clients navigate the tax laws in planning and implementing various domestic and international business transactions.
- Advised several large multinational companies on restructuring projects in Africa, Asia, Europe, North America, Central America, South America, and Oceania.
- Assisted several multinational companies in implementing complex intercompany agreements.
- Advised various insurance companies with coverage for specified tax risks.
- Represented oil and gas companies in strategic joint ventures.
Danny Reach is a partner in the Federal & International Tax Group. He regularly structures and advises on mergers and acquisitions and fund formations and investments. He also advises clients on tax matters relevant to cross-border financings and restructurings, structured finance transactions, and securitizations. He frequently speaks and writes on emerging tax issues and served as co-chair of the ABA Tax Section’s Committee on Sales, Exchanges, and Basis. Danny was identified by The Best Lawyers in America© as “One to Watch” in Tax Law.
Danny received an LL.M. in taxation from New York University, where he served as graduate editor on the Tax Law Review and received the Nina N. Werblow Tax Fellowship. He received a J.D., with honors, from Emory University, where he earned the 2012 Georgia Federal Tax Conference Award and served as editor-in-chief of the Emory Law Journal. He also received a B.S. and an M.Acc. from the University of Florida and is a Certified Public Accountant (inactive).
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Advisories December 10, 2024Federal Tax Advisory: IRS Releases New Section 83(b) Election FormOur Federal Tax Group explains the new standardized Form 15620 that taxpayers can use when receiving property that is subject to a “substantial risk of forfeiture.”Advisories December 10, 2024Federal Tax Advisory: IRS Releases New Section 83(b) Election FormOur Federal Tax Group explains the new standardized Form 15620 that taxpayers can use when receiving property that is subject to a “substantial risk of forfeiture.”
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Advisories October 23, 2024Federal Tax Advisory | Plan in Advance: Deferred Revenue Tax Considerations in M&A TransactionsOur Federal Tax Group discusses the tax treatment of deferred revenue or advance payments in M&A transactions.Advisories October 23, 2024Federal Tax Advisory | Plan in Advance: Deferred Revenue Tax Considerations in M&A TransactionsOur Federal Tax Group discusses the tax treatment of deferred revenue or advance payments in M&A transactions.
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Press Release July 25, 2024Alston & Bird Advises Proprium Capital Partners on US$113 Million Capital Raise for the Acquisition of Purpose-Built Student Accommodation DevelopmentsAlston & Bird advised Proprium Capital Partners, a global real estate private equity firm, on the successful closing of multiple investment vehicles, with total capital commitments of over US$113 million from institutional investors, for the acquisition of purpose-built student accommodation (PBSA) developments in Italy. The new developments will bring the value of Proprium’s Southern European PBSA platform, formed with Collegiate AC Europe Ltd. in 2019, to over US$700 million in Italy and Spain.Press Release July 25, 2024Alston & Bird Advises Proprium Capital Partners on US$113 Million Capital Raise for the Acquisition of Purpose-Built Student Accommodation DevelopmentsAlston & Bird advised Proprium Capital Partners, a global real estate private equity firm, on the successful closing of multiple investment vehicles, with total capital commitments of over US$113 million from institutional investors, for the acquisition of purpose-built student accommodation (PBSA) developments in Italy. The new developments will bring the value of Proprium’s Southern European PBSA platform, formed with Collegiate AC Europe Ltd. in 2019, to over US$700 million in Italy and Spain.
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Press Release July 23, 2024Alston & Bird Represents CommScope in Sale of Outdoor Wireless Networks and Distributed Antenna Systems Businesses to AmphenolAlston & Bird advised CommScope, a global leader in network connectivity, on the $2.1 billion sale of its outdoor wireless networks segment and its networking, intelligent cellular & security solutions segment’s distributed antenna systems business unit to Amphenol Corporation, a leading provider of high-technology interconnect, sensor, and antenna solutions. The all-cash transaction is expected to be completed within the first half of 2025, subject to customary closing conditions.Press Release July 23, 2024Alston & Bird Represents CommScope in Sale of Outdoor Wireless Networks and Distributed Antenna Systems Businesses to AmphenolAlston & Bird advised CommScope, a global leader in network connectivity, on the $2.1 billion sale of its outdoor wireless networks segment and its networking, intelligent cellular & security solutions segment’s distributed antenna systems business unit to Amphenol Corporation, a leading provider of high-technology interconnect, sensor, and antenna solutions. The all-cash transaction is expected to be completed within the first half of 2025, subject to customary closing conditions.
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Press Release June 6, 2024Alston & Bird Increases Practices and Attorneys Recognized in Chambers USA 2024Alston & Bird has received significant recognition in the 2024 edition of Chambers USA: America’s Leading Lawyers for Business, with 73 practice rankings and 153 leading lawyer listings.Press Release June 6, 2024Alston & Bird Increases Practices and Attorneys Recognized in Chambers USA 2024Alston & Bird has received significant recognition in the 2024 edition of Chambers USA: America’s Leading Lawyers for Business, with 73 practice rankings and 153 leading lawyer listings.
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Press Release May 6, 2024Alston & Bird Advises Stockbridge Core and Value Advisors on $709 Million Launch of Fifth Fund in Real Estate Value Fund Series
Alston & Bird advised Stockbridge Core and Value Advisors, a private equity institutional real estate investment adviser, on the formation of Stockbridge Value Fund V, the fifth fund in their Value Fund series. The fund closed with total committed capital of $709 million, bringing Stockbridge’s assets under management to approximately $34 billion. Value Fund V is capitalized by a multinational group of institutional investors including pension plans, sovereign wealth funds, university endowments and insurance companies.
Press Release May 6, 2024Alston & Bird Advises Stockbridge Core and Value Advisors on $709 Million Launch of Fifth Fund in Real Estate Value Fund SeriesAlston & Bird advised Stockbridge Core and Value Advisors, a private equity institutional real estate investment adviser, on the formation of Stockbridge Value Fund V, the fifth fund in their Value Fund series. The fund closed with total committed capital of $709 million, bringing Stockbridge’s assets under management to approximately $34 billion. Value Fund V is capitalized by a multinational group of institutional investors including pension plans, sovereign wealth funds, university endowments and insurance companies.
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Advisories April 25, 2024Tax Advisory: IRS Signals Increased Scrutiny of Deductibility of Success-Based Fees in M&A TransactionsOur Tax Group sheds light on recent IRS rulings that disallow deductions involving success-based fees in M&A transactions.Advisories April 25, 2024Tax Advisory: IRS Signals Increased Scrutiny of Deductibility of Success-Based Fees in M&A TransactionsOur Tax Group sheds light on recent IRS rulings that disallow deductions involving success-based fees in M&A transactions.
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Press Release February 14, 2024Alston & Bird Represents Veritas in the Sale of its Data Protection Business to CohesityAlston & Bird represented Veritas, a leader in secure multi-cloud data management, in the sale of its data protection business to San Jose, California-based Cohesity, a leader in AI-powered data security and management. The transaction values the combined company at approximately $7 billion.Press Release February 14, 2024Alston & Bird Represents Veritas in the Sale of its Data Protection Business to CohesityAlston & Bird represented Veritas, a leader in secure multi-cloud data management, in the sale of its data protection business to San Jose, California-based Cohesity, a leader in AI-powered data security and management. The transaction values the combined company at approximately $7 billion.
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Advisories January 10, 2024Federal & International Tax Advisory: YA Global, the Existence of a U.S. Trade or Business, and the Search for Greater ClarityOur Federal & International Tax Group examines a long-awaited Tax Court ruling that helps clarify when a non-U.S. company engages in a “U.S. trade or business.”Advisories January 10, 2024Federal & International Tax Advisory: YA Global, the Existence of a U.S. Trade or Business, and the Search for Greater ClarityOur Federal & International Tax Group examines a long-awaited Tax Court ruling that helps clarify when a non-U.S. company engages in a “U.S. trade or business.”
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Press Release October 17, 2023Alston & Bird Represents TRG Screen in Strategic Growth InvestmentAlston & Bird advised TRG Screen, a portfolio company of Pamlico Capital and provider of enterprise subscription management solutions, in its sale to Vista Equity Partners, an enterprise software private equity firm.Press Release October 17, 2023Alston & Bird Represents TRG Screen in Strategic Growth InvestmentAlston & Bird advised TRG Screen, a portfolio company of Pamlico Capital and provider of enterprise subscription management solutions, in its sale to Vista Equity Partners, an enterprise software private equity firm.
Languages
- Spanish
Bar Admissions
- North Carolina
- New York
- Florida
Education
- New York University (LL.M., 2013)
- Emory University (J.D., 2012)
- University of Florida (M.Acc., 2009)
- University of Florida (B.S., 2009)
Memberships
- ABA Tax Section, Committee on Sales, Exchanges, and Basis, vice chair