John W. Magruder

Clients turn to John for clear, practical antitrust guidance on their most complex transactions. Known for his business-minded approach and deep understanding of regulatory dynamics, he works closely with clients to anticipate and resolve competition issues efficiently and decisively, ensuring their deals complete without delay.

Experience

Representative matters

Advised G-III Apparel Group, Ltd. as antitrust counsel on its agreement with WHP Global to jointly own the Marc Jacobs brand’s intellectual property through a new 50-50 joint venture, with G-III acquiring and managing the global Marc Jacobs operating business.

Advised MARA Holdings, Inc. as antitrust counsel on its approximately $1.5 billion acquisition of Long Ridge Energy & Power LLC from FTAI Infrastructure Inc.

Advised Brookfield Asset Management as antitrust counsel on the Chapter 11 cases of Pine Gate Renewables, including Brookfield’s acquisition of equity in several subsidiaries comprising 22 solar projects and its role as lender for debtor-in-possession financing totaling $1.7 billion.

Representative Experience

Advised MARA Holdings, Inc. as antitrust counsel on its approximately $1.5 billion acquisition of Long Ridge Energy & Power LLC from FTAI Infrastructure Inc.

Advised Arizona Sonoran Copper Company as antitrust counsel on its $1.5 billion all-stock take-private acquisition by Hudbay Minerals Inc.

Advised MARA Holdings, Inc. as antitrust counsel on its strategic partnership with Starwood Capital Group to develop, finance, and operate digital infrastructure projects, with approximately 1 gigawatt of near-term IT capacity and a pathway to more than 2.5 gigawatts.

Advised Allied Gold Corporation as antitrust counsel on its approximately $4 billion all-cash acquisition by Zijin Gold International Company Limited.

Advised iRobot as antitrust counsel on its comprehensive restructuring in which Shenzhen PICEA Robotics Co., Ltd. and Santrum Hong Kong Co., Limited acquired all equity interests in iRobot.

Advised Polaris Inc. as antitrust counsel on the separation of Indian Motorcycle into a standalone business and sale of a majority stake to private equity firm Carolwood LP.

Advised Collectors as antitrust counsel on its acquisition of Beckett, with Beckett remaining an independent brand within the Collectors family of companies.

Represented an ad hoc group of Superior Industries International, Inc.’s term loan lenders, including Oaktree Capital Management, as antitrust counsel in the acquisition of Superior Industries, with lenders converting a significant portion of term loans into equity and reducing funded debt of $982 million by nearly 90%.

Advised 23andMe as antitrust counsel in connection with court approval of its Chapter 11 plan of reorganization, including settlements of up to $62 million to resolve data breach claims and the $305 million sale to TTAM Research Institute.

Advised Alkermes plc as antitrust counsel on its acquisition of Avadel Pharmaceuticals plc in a transaction valued at approximately $2.37 billion.

Advised Rocket Companies as antitrust counsel on its $14.2 billion acquisition of Mr. Cooper Group Inc., bringing together the country’s largest home-loan originator and largest mortgage servicer.

Represented a newly formed holding company owned by funds managed by Apollo affiliates as antitrust counsel in its all-cash $6.3 billion acquisitions of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings.

Advised Roark Capital Group as antitrust counsel on its approximately $1 billion acquisition of Dave’s Hot Chicken.

Advised Rite Aid Corporation as antitrust counsel in connection with its Chapter 11 bankruptcy filed in the U.S. Bankruptcy Court for the District of New Jersey.

Advised IBM as antitrust counsel on its acquisition of DataStax, an AI and data solution provider, to enhance IBM’s watsonx portfolio and accelerate use of generative AI.

Represented Apollo as antitrust counsel in its approximately $1.5 billion all-stock acquisition of Bridge Investment Group, which manages approximately $50 billion of assets under management in real estate products.

Advised IBM and its subsidiary Red Hat, Inc.as antitrust counsel on Red Hat’s acquisition of Neural Magic, a software and algorithms company that speeds up generative AI inference workloads.

Represented Strategic Value Partners, LLC as antitrust counsel in its all-cash acquisition of Revelyst, a segment of Vista Outdoor Inc. focused on performance gear and precision technologies, for an enterprise value of $1.125 billion.