Jared P.Hasson

Associate

Cleveland + 1.216.586.7386

Jared Hasson is a corporate lawyer focused on M&A, corporate governance, and securities law. He helps public and private companies achieve their strategic goals involving mergers, acquisitions, joint ventures, spin-offs, corporate restructurings, and other strategic transactions. He also advises companies on takeover defense and shareholder engagement, drawing on his experience and market knowledge. In addition, Jared serves as a day-to-day advisor to clients, solving their transactional legal issues and often being called upon to draft and negotiate their most important commercial contracts.

Jared's recent experience includes: FirstEnergy's sale of an initial 19.9% equity stake in FirstEnergy Transmission for $2.4 billion, as well as its subsequent sale of an additional 30% ownership interest in FirstEnergy Transmission to Brookfield for $3.5 billion; TopBuild's $1 billion acquisition of Distribution International from Advent International; Cooper Tire & Rubber Company's $2.5 billion sale to The Goodyear Tire & Rubber Company; Ferro Corporation's sale of its global tile coating business for $460 million; and SunPower's sponsored spin-off of its solar panel production operation into a new public company.

In addition, Jared has had a significant role in transactions for Parker Hannifin, SITE Centers, Fifth Third Bank, Greystar Real Estate Partners, KeyCorp, LORD Corporation, Sonepar, The Timken Company, and USG Corporation, among others.

Experience

  • Parker Hannifin sells North America Composites & Fuel Containment Division to SK Capital PartnersJones Day advised Parker Hannifin Corporation in the sale of its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners.
  • SITE Centers completes spin-off of Curbline Properties Corp.Jones Day advised SITE Centers (NYSE: SITC) in the spin-off of Curbline Properties Corp. (“Curbline”) as a separate publicly traded company listed on the New York Stock Exchange under the ticker symbol “CURB”.
  • Sonepar acquires Echo Electric SupplyJones Day advised Sonepar in the acquisition of Echo Electric Supply, a wholesale electrical distributor ranked in the top 30 of Electrical Wholesaling’s 2024 North America distributors list and headquartered in Council Bluffs, Iowa.
  • ITT completes divestiture of Wolverine Advanced MaterialsJones Day advised ITT, Inc. in the $171 million sale of its Wolverine Advanced Materials business to private equity firm Center Rock Capital Partners.
  • TopBuild attempts to acquire Specialty Products & InsulationJones Day advised TopBuild Corp. (NSYE: BLD) in its attempted acquisition of Specialty Products & Insulation from private equity firm Incline Equity Partners in an all-cash transaction valued at $960 million.
  • FirstEnergy sells $3.5 billion transmission stake to BrookfieldJones Day advised FirstEnergy Corp. in the $3.5 billion sale of an additional 30.0% equity stake in its subsidiary FirstEnergy Transmission (“FET”), the holding company for FirstEnergy’s three regulated electric transmission businesses, to North American Transmission Company II L.P., FirstEnergy’s existing joint venture partner in FET and a controlled investment vehicle entity of Brookfield Infrastructure Partners.
  • Timken acquires Nadella Group from ICGJones Day advised The Timken Company in the acquisition of Nadella Group, a leading European manufacturer of linear guides, telescopic rails, actuators and systems and other specialized industrial motion solutions, from ICG plc.
  • Timken acquires American Roller Bearing CompanyJones Day advised The Timken Company, a global industrial leader in engineered bearings and industrial motion products, in its acquisition of the assets of American Roller Bearing Company, a North Carolina-based manufacturer of industrial bearings.
  • Sonepar acquires NEDCO SupplyJones Day represented Sonepar, a global market leader in B-to-B distribution of electrical products, in its acquisition of NEDCO Supply, a full-line distributor of electrical products and services operating throughout southern Nevada.
  • Timken acquires GGB Bearing Technology for $305 millionJones Day advised The Timken Company in the $305 million acquisition of GGB Bearing Technology (GGB), a division of Enpro, Industries (including exclusive negotiations with respect to the French operations of GGB).
  • Global Risk Capital acquires legacy asbestos and environmental liabilities from SPXJones Day advised Global Risk Capital and its joint venture with partner Premia Holdings Ltd. in their acquisition from SPX Technologies, Inc. of SPX, LLC, which is a legacy SPX company that primarily holds liabilities, including asbestos and environmental liabilities and related insurance assets.
  • Parker Hannifin divests its Aircraft Wheel and Brake divisionJones Day advised Parker Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, in the divestiture of its Aircraft Wheel and Brake Division, located in Avon, Ohio, to Kaman Corporation (NYSE: KAMN) for $440 million.
  • Parker Hannifin's recommended all cash acquisition of Meggitt PLCJones Day acted as counsel to Parker Hannifin Corporation in the £6.3 billion acquisition of Meggitt plc, a leading international company headquartered in Coventry, United Kingdom, specializing in high performance components and subsystems for the aerospace, defense and selected energy markets.
  • BenefitMall acquires Mutual MedJones Day advised BenefitMall, the largest health benefits general agent in the U.S., in its acquisition of Mutual Med, a Davenport, Iowa-based insurance general agency providing sales counseling and support for insurance brokers primarily in rural markets and with an emphasis on small group business.
  • American Industrial Partners portfolio company Vertex merges with VectrusJones Day advised Vertex Aerospace, a portfolio company of American Industrial Partners, in its stock-for-stock merger with Vectrus, Inc. (NYSE: VEC), at an implied value for Vertex of approximately $2.1 billion.
  • Sonepar sells Vallen Distribution to Nautic PartnersJones Day represented the Sonepar Group – a Paris-headquartered global leader in B-to-B distribution of electrical products, solutions and related services – in the sale of Sonepar's subsidiary business, Vallen Distribution, to Nautic Partners, a middle-market private equity firm based in Rhode Island.
  • FirstEnergy sells $2.4 billion minority transmission stake to BrookfieldJones Day represented FirstEnergy Corp. in its $2.4 billion sale of a 19.9% equity stake in its subsidiary FirstEnergy Transmission, the holding company for FirstEnergy’s three regulated electric transmission businesses.
  • Integrated Power Services acquires three companiesJones Day advised Integrated Power Services (IPS) in the acquisition of Industrial Electric Machinery (IEM), Reed Electric & Field Service, and A+ Electric Motor.
  • SITE Centers acquires Madison International's interest in six assets for $107.2 millionJones Day advised SITE Centers Corp. in its acquisition of Madison International's 80% interest in six assets for $107.2 million ($134 million at 100%) with the mortgage debt related to the properties repaid upon closing.
  • TopBuild acquires Distribution International in all-cash transaction valued at $1.0 billionJones Day represented TopBuild in its acquisition of Distribution International from global private equity firm Advent International in an all-cash transaction valued at $1.0 billion.