Ross E.Poulsen

Of Counsel

Washington + 1.202.879.3822

Ross Poulsen represents major corporations on a wide range of federal income tax matters involving mergers, acquisitions, dispositions, and restructurings, including cross-border transactions. He focuses his practice on corporate taxation and the consolidated return regulations.

Prior to joining Jones Day, Ross was an assistant to the branch chief in the IRS Office of Associate Chief Counsel (Corporate), where he drafted rulings and other guidance regarding corporate divisive and acquisitive reorganizations, liquidations, incorporations, the consolidated return regulations, and related matters.

Ross is an adjunct professor at the Georgetown University Law Center, where he teaches a course in corporate taxation in the LL.M. program. He previously was an adjunct professor at George Mason University School of Law, where he also taught a course on corporate taxation. In addition he has participated as a panelist in ABA and DC Bar programs addressing corporate taxation and the consolidated return regulations. He is a member of the Bar Association of the District of Columbia (Tax Section).

Ross also maintains an active pro bono practice through which he assists clients in family court and immigration proceedings.

Expérience

  • STERIS sells dental segment to an affiliate of Peak Rock CapitalJones Day advised STERIS Plc in the $787.5 million sale of Dental segment to Peak Rock Capital, a leading middle-market private investment firm.
  • Maxeon Solar Technologies completes public offering of $241.2 million of Ordinary Shares and concurrent private placement of $42 million of Ordinary SharesJones Day represented Maxeon Solar Technologies, Ltd., one of the world’s leading global manufacturers and marketers of premium solar power technology, in a public offering of 8,613,500 Ordinary Shares, consisting of 5,620,000 Ordinary Shares offered by Maxeon and 2,993,500 Ordinary Shares offered by an affiliate of TotalEnergies SE, one of Maxeon’s existing shareholders.
  • Glennis Solutions, Enquire, and Sherpa CRM join forces to create market-leading senior living software platformJones Day advised Glennis Solutions in its merger with Enquire and Sherpa supported by a strategic investment from Rubicon Technology Partners, a leading private equity firm based in Boulder, Colorado, renamed as Aline, that is focused exclusively on investing in and growing enterprise software companies.
  • Roper Technologies sells majority stake in industrial businesses to Clayton Dubilier & Rice, LLC for $2.6 billionJones Day advised Roper Technologies, Inc. on the sale of a majority stake in its industrial businesses, including its entire Process Technologies segment and the industrial businesses within its Measurement & Analytical Solutions segment, to an affiliate of Clayton Dubilier & Rice, LLC, for $2.6 billion in cash and contingent consideration of up to $51 million.
  • Avient acquires DSM Protective Materials businessJones Day advised Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, in the $1.485 billion acquisition and financing of Koninklijke DSM N.V.’s protective materials business, a leading specialty engineered materials business built around the invention of Dyneema®, the world’s strongest fiber.
  • 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.
  • Newell Brands sells the Connected Home & Security business to Resideo TechnologiesJones Day advised Newell Brands Inc. in the $593 million sale of the Connected Home & Security (CH&S) business to Resideo Technologies, Inc.
  • CIeNET sold to ALTENJones Day advised CIeNET in the sale of CIeNET to ALTEN Group, a leader in engineering and technology consulting.
  • Maxeon Solar Technologies completes public offering of $125 million of Ordinary Shares and concurrent private placement of $33.7 million of Ordinary SharesJones Day represented Maxeon Solar Technologies, Ltd., one of the world’s leading global manufacturers and marketers of premium solar power technology, in connection with its concurrent SEC registered public offering of $125 million of its Ordinary Shares and private placement of $33.7 million of its Ordinary Shares to an affiliate of Tianjin Zhonghuan Semiconductor, one of Maxeon’s existing largest shareholders.
  • Verint Systems completes $315 million Convertible Notes offeringJones Day represented Verint Systems Inc., a provider of Actionable Intelligence® solutions and value-added services, in connection with an offering of $315 million aggregate principal amount of 0.25% Convertible Senior Notes due 2026.
  • Sumitovant Biopharma acquires remaining stake in Urovant SciencesJones Day advised Sumitovant Biopharma in its acquisition of all of the outstanding shares of Urovant Sciences Ltd. not already owned by Sumitovant at a price of $16.25 per share in cash.
  • Verint Systems separates into two independent companiesJones Day advised Verint® Systems Inc. ("Verint") in the separation and spin-off of its cyber intelligence business, Cognyte Systems Ltd.
  • Cleveland-Cliffs acquires ArcelorMittal USA for approximately $1.4 billionJones Day advised Cleveland-Cliffs Inc. in connection with the acquisition and financing of substantially all of the operations of ArcelorMittal USA for approximately $1.4 billion.
  • HD Supply sold its Construction & Industrial--White Cap business segment for $4 billion to an affiliate of Clayton, Dubilier & RiceJones Day advised HD Supply Holdings, Inc. in the $4 billion sale of its Construction & Industrial--White Cap business (also known as "White Cap"), a leading distributor of specialty concrete and construction products and services in North America serving professional contractors, to an affiliate of Clayton, Dubilier & Rice.
  • SunPower closes sponsored spin-off of solar panel production operationsJones Day advised SunPower Corporation (NASDAQ: SPWR), one of North America's largest solar-panel makers, in a sponsored spin-off of its solar panel production operations into a new public company – Maxeon Solar Technologies – which will be headquartered in Singapore.
  • OVHcloud acquires EXTEN Technologies, Inc.Jones Day advised OVHcloud, a global cloud leader and the largest European cloud provider, in its acquisition of technology and certain assets of EXTEN Technologies, Inc., a U.S.-based storage software company specializing in NVMe over Fabrics.
  • Maxeon Solar Technologies completes offering of $200 million Green Convertible NotesJones Day represented Maxeon Solar Technologies, Ltd., then a wholly-owned subsidiary of SunPower Corporation, in connection with its Rule 144A offering of $200 million aggregate principal amount of 6.50% Green Convertible Senior Notes due 2025.
  • OMNOVA acquired by Synthomer plc for $824 millionJones Day advised OMNOVA Solutions Inc. in its $824 million acquisition by Synthomer plc, a United Kingdom-based specialty chemical company.
  • Invenergy sold 90.1% interest in 109 MW operating wind portfolio to Excelsior EnergyJones Day advised Invenergy Renewables Global LLC in the sale of 90.1% of its indirect equity interests in the Prairie Breeze II and Prairie Breeze III wind projects, with a combined capacity of 109 MW, located in Antelope and Boone Counties, Nebraska, to a subsidiary of Excelsior Energy Capital.
  • Sumitomo Dainippon Pharma acquires late stage biopharma companies and forms alliance with Roivant Sciences Ltd. worth $3 billionJones Day advised Sumitomo Dainippon Pharma Co., Ltd. ("Sumitomo") in an acquisition of late stage biopharma companies and formation of alliance with Roivant Sciences Ltd.