News & Events

Simpson Thacher represented funds affiliated with Blackstone in the establishment of a unique compute financing platform to mobilize over $500 billion of capital to further accelerate the buildout of AI infrastructure. NVIDIA’s partners in these financing partnerships consist of Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. These partnerships are reflected in memorandums of understanding between NVIDIA and each financing partner, and remain subject to execution of the final...

Simpson Thacher & Bartlett LLP today announced that Ryan Harris, Cole Parker, Kyle McHugh, Ryan Jackson and Ziyad Ziyadzade will join the Firm as Partners, launching the Firm’s Chicago office. “Opening an office in Chicago extends our ability to serve our clients in one of the country’s most dynamic centers of investment activity and legal talent,” said Alden Millard, Chair of Simpson Thacher’s Executive Committee. “The addition of Ryan, Cole, Kyle, Ryan and Ziyad significantly expands our...

Simpson Thacher & Bartlett LLP is advising Crusoe in connection with its strategic partnership with Aalo Atomics to develop and deploy the world's first nuclear-powered AI data center at Idaho National Laboratory.  Under the arrangement, Aalo Atomics will initially power a Crusoe Spark™ modular data center, running Crusoe Cloud, at the site as a proof of concept, supporting the growing energy demands of artificial intelligence infrastructure with carbon-free power. Looking forward, Aalo and...

Simpson Thacher advised Jersey Mike’s Subs Inc. on the largest U.S. restaurant IPO in history. Jersey Mike’s Class A common stock will begin trading on the New York Stock Exchange on July 30, 2026 under the ticker symbol “JMKE”. Jersey Mike’s Subs is a leading fast-casual restaurant franchisor with more than 3,300 locations across the United States and Canada. Founded in 1956 as Mike’s Subs in Point Pleasant, New Jersey, the company has grown from a single neighborhood sub shop into one of the...

Simpson Thacher represented Blackstone in the establishment of its third Asia-Pacific private equity fund, Blackstone Capital Partners Asia III (“BCP Asia III”). Blackstone has announced that BCP Asia III has held its final closing and reached its hard cap. Together with commitments from Blackstone and its affiliates, BCP Asia III raised $13.1 billion of capital commitments. The Simpson Thacher team included Steven Klar, Ben Steelsmith, Jonathan Karen, Heather Lee, Shreya Tallanje, Meredith...

Simpson Thacher is advising Taylor Morrison Home Corporation (“Taylor Morrison”) in connection with its announced acquisition by Berkshire Hathaway Inc. (“Berkshire Hathaway”) for $72.50 per share in cash, for a total equity value of approximately US$6.8 billion and a total enterprise value of approximately US$8.5 billion. The transaction is expected to close in the second half of 2026, subject to the satisfaction of customary closing conditions, including approval by Taylor...

Simpson Thacher secured a summary judgment victory for M&T Bank Corporation in the U.S. District Court for the District of Delaware in litigation arising from M&T’s $3.7 billion merger with Hudson City Bancorp Inc. The suit, filed by former Hudson City shareholders in 2015, alleged that proxy materials related to the merger contained misstatements and omissions regarding regulatory challenges. In its decision granting Defendants’ motion for summary judgment, the Court held that Plaintiffs...

Simpson Thacher is representing affiliates of EQT Infrastructure VI in connection with the announced definitive agreement for a consortium led by Global Infrastructure Partners and EQT, along with co-underwriters California Public Employees’ Retirement System and Qatar Investment Authority, to acquire The AES Corporation for $15.00 per share, representing a total equity value of $10.7 billion and an enterprise value of approximately $33.4 billion, including the assumption of existing debt. The...