Alimentation Couche-Tard Inc.'s $4.4 billion acquisition of CST Brands, Inc. was named “Cross Border Deal of the Year over $500 Million” at this year’s M&A Advisor Awards. FaegreBD represented Couche-Tard and its U.S. subsidiary, Circle K Stores Inc. in the transaction. Winners were announced at an awards gala in New York City on November 13.
Jeff Brown, corporate partner in Indianapolis, led the team representing Couche-Tard. The deal was the largest in Couche-Tard's history and significantly enhanced Circle K's footprint in both the U.S. and Canada. As of October 15, 2017, Couche-Tard's network comprised 9,465 convenience stores throughout North America. It is the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores.
“Since 2002, we have been honoring the leading M&A transactions, companies and dealmakers. Couche-Tard and Faegre Baker Daniels were chosen from over 650 participating companies to receive the award. It gives us great pleasure to recognize them and bestow upon them our highest honor for M&A firms and professionals,” said David Fergusson, Co-CEO and President, The M&A Advisor. “Faegre Baker Daniels represents the best of the M&A industry in 2017 and earned these honors by standing out in a group of very impressive candidates.”
The M&A Advisor is recognized as the world’s premier leadership organization for mergers & acquisition, restructuring and corporate finance professionals, delivering a range of integrated services from offices in New York and London.
Read The M&A Advisor’s press release.