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Andrew T.
Davis

Partner, Tax

adavis@cravath.com
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Andrew T. Davis focuses his practice on the tax aspects of mergers and acquisitions, including spin‑off and private equity transactions, as well as securities offerings and banking transactions.

Mr. Davis’s notable transactions include representing:

  • Afterpay in its $29 billion acquisition by Block;
  • AP WIP Investments in its $860 million acquisition by Landscape Acquisition;
  • Atalaya Capital Management in its $800 million sale to Blue Owl Capital;
  • AXA in its $15.3 billion acquisition of XL;
  • Bacardi in its acquisition of ILEGAL Mezcal;
  • BDT in its majority investment in Marquette Transportation;
  • Bridge Investment Group’s special committee in the $1.5 billion acquisition by Apollo;
  • Cable One in the formation of Clearwave Fiber, a joint venture with GTCR, Stephens Capital Partners and The Pritzker Organization;
  • Cano Health shareholders, including members of management, in the $4.4 billion SPAC merger with Jaws Acquisition, which included an $800 million PIPE investment;
  • Corteva in the pending spin-off of its Seed business;
  • Cox Enterprises in Cox Communications’ pending $34.5 billion combination with Charter Communications;
  • Deutsche Telekom in its Master Framework Agreement with SoftBank and T‑Mobile, pursuant to which DT consented to SoftBank’s sale of T‑Mobile shares for approximately $20 billion;
  • Disney in ESPN’s pending acquisition of NFL Network and other media assets from the NFL in exchange for a 10% equity stake in ESPN, the combination of its Hulu + Live TV business with Fubo, ESPN’s proposed joint venture with Fox and Warner Bros. Discovery to launch Venu Sports and ESPN’s strategic alliance with PENN Entertainment to launch ESPN BET;
  • Endeavor’s special committee in the $25 billion take‑private acquisition by Silver Lake;
  • FactSet in its $246.5 million acquisition of LiquidityBook, its $1.925 billion acquisition of CUSIP Global Services from S&P Global and its acquisition of Irwin;
  • Forward Air in its combination with Omni Logistics, creating a $3.7 billion company;
  • Grubhub and Just Eat Takeaway.com in Grubhub’s sale to Wonder;
  • GW Pharmaceuticals in its $7.2 billion acquisition by Jazz Pharmaceuticals;
  • Hibu Group in the sale of its U.S. business to H.I.G. Capital;
  • The special committee of the Hudson board of directors in the sale of all remaining equity interests in Hudson to Dufry;
  • IBM in its acquisitions of AlchemyAPI and Blue Box Group;
  • Johnson & Johnson in connection with multiple transactions, including the IPO and separation of Kenvue, its $14.6 billion acquisition of Intra‑Cellular Therapies, its $2 billion acquisition of Ambrx, its $16.6 billion acquisition of Abiomed, its $6.5 billion acquisition of Momenta, Ethicon’s $3.4 billion acquisition of Auris Health, its $30 billion acquisition of Actelion, its ¥230 billion acquisition of Ci:z, the $2.1 billion sale of LifeScan to Platinum Equity and the $2.8 billion sale of its Advanced Sterilization Products business to Fortive;
  • Just Eat Takeaway.com in its $7.3 billion acquisition of Grubhub;
  • Knorr-Bremse in its $149.5 million acquisition of R.H. Sheppard and the sale of R.H. Sheppard to Balmoral Funds;
  • Lindsay Goldberg and its portfolio companies in connection with multiple transactions, including Amentum’s Reverse Morris Trust merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, creating a combined organization with $13 billion in revenue, and its $1.9 billion acquisition of PAE and acquisition of DynCorp International; the sale of Liquid Tech Solutions to Velocity Rail Solutions, a Wind Point Partners portfolio company; the acquisition of Golden State Foods; Summit Interconnect’s acquisition of Royal Circuit Solutions; the sale of Pixelle to H.I.G. Capital; the acquisition of a majority interest in Pike; and its acquisition of VDM from ThyssenKrupp;
  • The senior executive team of McLarens Global Limited in connection with the $1.6 billion recapitalization of McLarens by Lee Equity Partners;
  • Newcrest in its A$28.8 billion acquisition by Newmont;
  • OLX Group in letgo’s combination with OfferUp of their U.S. businesses and OLX Brazil in its R$2.9 billion acquisition of Grupo ZAP;
  • OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
  • Pitney Bowes in the sale of Borderfree to Global‑e and the $700 million sale of its Software Solutions business to Syncsort;
  • Prosus in its $1.8 billion acquisition of Stack Overflow and its $500 million PIPE investment in connection with Churchill II SPAC’s $1.5 billion merger with Skillsoft and acquisition of Global Knowledge;
  • Radius Global Infrastructure in its $3 billion acquisition by EQT Active Core Infrastructure and PSP Investments;
  • Richemont in its $1.1 billion PIPE investment in Farfetch, in partnership with Alibaba;
  • Robinhood in its initial public offering and its $300 million acquisition of TradePMR;
  • Robotic Research in its $228 million Series A financing round;
  • Scientific Games in the $6.05 billion sale of SG Lottery to Brookfield;
  • SMBC Aviation Capital in its $6.7 billion acquisition of Goshawk Aviation;
  • The Snyder family in the $6.05 billion sale of the NFL's Washington Commanders to a partnership led by Josh Harris;
  • Tabula Rasa in its $570 million take‑private acquisition by Nautic;
  • TaskUs’s special committee in the proposed $2 billion take-private acquisition by Blackstone and the company’s co‑founders;
  • Unilever in its acquisition of OLLY and its $384 million acquisition of TAZO from Starbucks;
  • Univision in its sale of a majority stake to Searchlight and ForgeLight; 
  • WestRock in its $20 billion combination with Smurfit Kappa, creating Smurfit WestRock; and
  • Wiz in its pending $32 billion acquisition by Google.

Mr. Davis was named a “Rising Star” by Law360 in 2022, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40, and has been recognized by Lawdragon as among the “500 Leading Dealmakers in America,” “500 Leading Global Tax Lawyers” and “500 X – The Next Generation.” He has been recognized for his work in the tax arena by The Legal 500 US.

Mr. Davis is Vice Chair of the Corporate Tax Committee of the Tax Section of the American Bar Association. He frequently speaks on important developments in tax law, including for organizations such as the ABA, D.C. Bar, Federal Bar Association, Practising Law Institute (PLI) and NYU’s Institute on Federal Taxation. In particular, he is a frequent commentator on topics in corporate taxation such as the corporate alternative minimum tax (“CAMT”), having participated in events including PLI’s “Basics of International Taxation,” where he spoke on a panel entitled “Compliance with Minimum Taxes.” Mr. Davis authored “Private Equity Funds,” a Bloomberg Tax Management Portfolio, which is a flagship treatise on private equity fund transactions. He has also served as Lecturer in Law at Stanford Law School, where he has taught corporate income taxation.

Mr. Davis is from Montclair, New Jersey. He received an A.B. summa cum laude from Princeton University in 2010, where he was elected to Phi Beta Kappa, a J.D. from Stanford Law School in 2014, where he was an Articles Editor of the Journal of Law, Business & Finance, and an LL.M. from New York University School of Law in 2020.

Mr. Davis joined Cravath in 2014. Following a one‑year clerkship with Hon. Guido Calabresi of the U.S. Court of Appeals for the Second Circuit, he returned to the Firm in 2016 and was elected a partner in 2021.

Mr. Davis’s notable transactions include representing:

  • Afterpay in its $29 billion acquisition by Block;
  • AP WIP Investments in its $860 million acquisition by Landscape Acquisition;
  • Atalaya Capital Management in its $800 million sale to Blue Owl Capital;
  • AXA in its $15.3 billion acquisition of XL;
  • Bacardi in its acquisition of ILEGAL Mezcal;
  • BDT in its majority investment in Marquette Transportation;
  • Bridge Investment Group’s special committee in the $1.5 billion acquisition by Apollo;
  • Cable One in the formation of Clearwave Fiber, a joint venture with GTCR, Stephens Capital Partners and The Pritzker Organization;
  • Cano Health shareholders, including members of management, in the $4.4 billion SPAC merger with Jaws Acquisition, which included an $800 million PIPE investment;
  • Corteva in the pending spin-off of its Seed business;
  • Cox Enterprises in Cox Communications’ pending $34.5 billion combination with Charter Communications;
  • Deutsche Telekom in its Master Framework Agreement with SoftBank and T‑Mobile, pursuant to which DT consented to SoftBank’s sale of T‑Mobile shares for approximately $20 billion;
  • Disney in ESPN’s pending acquisition of NFL Network and other media assets from the NFL in exchange for a 10% equity stake in ESPN, the combination of its Hulu + Live TV business with Fubo, ESPN’s proposed joint venture with Fox and Warner Bros. Discovery to launch Venu Sports and ESPN’s strategic alliance with PENN Entertainment to launch ESPN BET;
  • Endeavor’s special committee in the $25 billion take‑private acquisition by Silver Lake;
  • FactSet in its $246.5 million acquisition of LiquidityBook, its $1.925 billion acquisition of CUSIP Global Services from S&P Global and its acquisition of Irwin;
  • Forward Air in its combination with Omni Logistics, creating a $3.7 billion company;
  • Grubhub and Just Eat Takeaway.com in Grubhub’s sale to Wonder;
  • GW Pharmaceuticals in its $7.2 billion acquisition by Jazz Pharmaceuticals;
  • Hibu Group in the sale of its U.S. business to H.I.G. Capital;
  • The special committee of the Hudson board of directors in the sale of all remaining equity interests in Hudson to Dufry;
  • IBM in its acquisitions of AlchemyAPI and Blue Box Group;
  • Johnson & Johnson in connection with multiple transactions, including the IPO and separation of Kenvue, its $14.6 billion acquisition of Intra‑Cellular Therapies, its $2 billion acquisition of Ambrx, its $16.6 billion acquisition of Abiomed, its $6.5 billion acquisition of Momenta, Ethicon’s $3.4 billion acquisition of Auris Health, its $30 billion acquisition of Actelion, its ¥230 billion acquisition of Ci:z, the $2.1 billion sale of LifeScan to Platinum Equity and the $2.8 billion sale of its Advanced Sterilization Products business to Fortive;
  • Just Eat Takeaway.com in its $7.3 billion acquisition of Grubhub;
  • Knorr-Bremse in its $149.5 million acquisition of R.H. Sheppard and the sale of R.H. Sheppard to Balmoral Funds;
  • Lindsay Goldberg and its portfolio companies in connection with multiple transactions, including Amentum’s Reverse Morris Trust merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, creating a combined organization with $13 billion in revenue, and its $1.9 billion acquisition of PAE and acquisition of DynCorp International; the sale of Liquid Tech Solutions to Velocity Rail Solutions, a Wind Point Partners portfolio company; the acquisition of Golden State Foods; Summit Interconnect’s acquisition of Royal Circuit Solutions; the sale of Pixelle to H.I.G. Capital; the acquisition of a majority interest in Pike; and its acquisition of VDM from ThyssenKrupp;
  • The senior executive team of McLarens Global Limited in connection with the $1.6 billion recapitalization of McLarens by Lee Equity Partners;
  • Newcrest in its A$28.8 billion acquisition by Newmont;
  • OLX Group in letgo’s combination with OfferUp of their U.S. businesses and OLX Brazil in its R$2.9 billion acquisition of Grupo ZAP;
  • OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
  • Pitney Bowes in the sale of Borderfree to Global‑e and the $700 million sale of its Software Solutions business to Syncsort;
  • Prosus in its $1.8 billion acquisition of Stack Overflow and its $500 million PIPE investment in connection with Churchill II SPAC’s $1.5 billion merger with Skillsoft and acquisition of Global Knowledge;
  • Radius Global Infrastructure in its $3 billion acquisition by EQT Active Core Infrastructure and PSP Investments;
  • Richemont in its $1.1 billion PIPE investment in Farfetch, in partnership with Alibaba;
  • Robinhood in its initial public offering and its $300 million acquisition of TradePMR;
  • Robotic Research in its $228 million Series A financing round;
  • Scientific Games in the $6.05 billion sale of SG Lottery to Brookfield;
  • SMBC Aviation Capital in its $6.7 billion acquisition of Goshawk Aviation;
  • The Snyder family in the $6.05 billion sale of the NFL's Washington Commanders to a partnership led by Josh Harris;
  • Tabula Rasa in its $570 million take‑private acquisition by Nautic;
  • TaskUs’s special committee in the proposed $2 billion take-private acquisition by Blackstone and the company’s co‑founders;
  • Unilever in its acquisition of OLLY and its $384 million acquisition of TAZO from Starbucks;
  • Univision in its sale of a majority stake to Searchlight and ForgeLight; 
  • WestRock in its $20 billion combination with Smurfit Kappa, creating Smurfit WestRock; and
  • Wiz in its pending $32 billion acquisition by Google.

Mr. Davis was named a “Rising Star” by Law360 in 2022, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40, and has been recognized by Lawdragon as among the “500 Leading Dealmakers in America,” “500 Leading Global Tax Lawyers” and “500 X – The Next Generation.” He has been recognized for his work in the tax arena by The Legal 500 US.

Mr. Davis is Vice Chair of the Corporate Tax Committee of the Tax Section of the American Bar Association. He frequently speaks on important developments in tax law, including for organizations such as the ABA, D.C. Bar, Federal Bar Association, Practising Law Institute (PLI) and NYU’s Institute on Federal Taxation. In particular, he is a frequent commentator on topics in corporate taxation such as the corporate alternative minimum tax (“CAMT”), having participated in events including PLI’s “Basics of International Taxation,” where he spoke on a panel entitled “Compliance with Minimum Taxes.” Mr. Davis authored “Private Equity Funds,” a Bloomberg Tax Management Portfolio, which is a flagship treatise on private equity fund transactions. He has also served as Lecturer in Law at Stanford Law School, where he has taught corporate income taxation.

Mr. Davis is from Montclair, New Jersey. He received an A.B. summa cum laude from Princeton University in 2010, where he was elected to Phi Beta Kappa, a J.D. from Stanford Law School in 2014, where he was an Articles Editor of the Journal of Law, Business & Finance, and an LL.M. from New York University School of Law in 2020.

Mr. Davis joined Cravath in 2014. Following a one‑year clerkship with Hon. Guido Calabresi of the U.S. Court of Appeals for the Second Circuit, he returned to the Firm in 2016 and was elected a partner in 2021.

Education

  • LL.M., 2020, New York University School of Law
  • J.D., 2014, Stanford Law School
  • A.B., 2010, Princeton University

Clerkships

  • Hon. Guido Calabresi, U.S. Court of Appeals for the Second Circuit

Admitted In

  • New York

Professional Affiliations

American Bar Association

  • Vice Chair, Corporate Tax Committee

New York State Bar Association

Organizations

Stanford Law School

  • Lecturer in Law

Rankings

Law360

  • Rising Star: Tax (2022)

Lawdragon

  • 500 Leading Dealmakers in America (2025)
  • 500 Leading Global Tax Lawyers (2025)
  • 500 X – The Next Generation (2025, 2024, 2023)

The Legal 500 US

  • International Tax (2024, 2023, 2022)
  • US Taxes: Non‑contentious (2025-2022)

Deals & Cases

October 30, 2025

Valero Energy Corporation’s $4 Billion Revolving Credit Facility

Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4 billion revolving credit facility made available to Valero Energy Corporation, a leading multinational manufacturer and marketer of petroleum‑based and low‑carbon liquid transportation fuels and petrochemical products. The transaction closed on October 16, 2025.

Deals & Cases

October 27, 2025

Cleveland‑Cliffs Inc.’s High‑Yield Senior Guaranteed Notes Offering

Cravath represented the initial purchaser in connection with the $275 million 144A/Reg. S high‑yield senior guaranteed notes offering of Cleveland‑Cliffs Inc., a leading North America‑based steel producer. The transaction closed on October 10, 2025.

Deals & Cases

October 21, 2025

McLarens’ $1.6 Billion Reinvestment from Lee Equity

On October 15, 2025, Lee Equity Partners, LLC (“Lee Equity”), an investment firm specializing in investments in the financial and healthcare services sectors, announced the closing of a $1.6 billion recapitalization of McLarens Global Limited (“McLarens”), a global independent provider of insurance services, to extend Lee Equity’s long‑term partnership with McLarens. Cravath represented members of McLarens’ senior executive team in connection with the transaction.

Deals & Cases

October 20, 2025

Dell International L.L.C. and EMC Corporation’s $4.5 Billion Registered Senior Notes Offering

Cravath represented the underwriters in connection with the $4.5 billion registered senior notes offering of Dell International L.L.C. and EMC Corporation. Dell International L.L.C. and EMC Corporation are wholly-owned subsidiaries of Dell Technologies, a leading integrated technology solutions provider in the IT industry. The transaction closed on October 6, 2025.

Deals & Cases

October 20, 2025

Windstream Services, LLC’s $1.4 Billion High-Yield Senior Secured Notes Offering

Cravath represented the initial purchasers in connection with the $1.4 billion high-yield senior secured notes offering of Windstream Services, LLC, an indirect wholly owned subsidiary of Uniti Group Inc., a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. The transaction closed on October 6, 2025.

Publications

October 28, 2025

Back to the Future: IRS and Treasury Reinstate Pre‑2024 Guidelines for Spin‑Off Private Letter Rulings

On October 28, 2025, Cravath prepared a memo for its clients entitled “Back to the Future: IRS and Treasury Reinstate pre‑2024 Guidelines for Spin‑Off Private Letter Rulings.” The memo examines the Internal Revenue Service’s recently released Rev. Proc. 2025‑30, which provides updated guidelines for taxpayers requesting private letter rulings from the IRS for tax‑free spin‑off and split‑off transactions under Section 355. Rev. Proc. 2025‑30 supersedes Rev. Proc. 2024‑24 and withdraws Notice 2024‑38 (together the “2024 Guidance”).

Publications

September 29, 2025

Bloomberg Tax Publishes Tax Management Portfolio on U.S. Private Equity Fund Taxation by Chris Fargo, Arvind Ravichandran and Andrew Davis 

On September 15, 2025, Bloomberg Tax published “Private Equity Funds,” a Tax Management Portfolio by Cravath partners Christopher K. Fargo, Arvind Ravichandran and Andrew T. Davis that addresses material tax issues faced by private equity funds. The flagship treatise provides in‑depth, clear and commercial guidance on a variety of topics, including fund formation, private equity M&A, structuring of special investments and addressing the needs of special cases of investors, such as tax‑exempts, sovereign wealth funds and foreign investors.

Activities

July 23, 2025

Andrew Davis Speaks at PLI’s Basics of International Taxation 2025 Program

Cravath partner Andrew T. Davis participated in “Basics of International Taxation 2025,” a program presented by the Practising Law Institute from July 22‑23 in New York. Andrew spoke on a panel entitled “Compliance with Minimum Taxes,” which discussed compliance with the OECD Pillar 2 rules and U.S. corporate alternative minimum tax (CAMT), including their impact on M&A transactions.

Activities

June 05, 2025

Andrew Davis Speaks at the 2025 Texas Federal Tax Institute

On June 5, 2025, Cravath partner Andrew T. Davis participated in the 2025 Texas Federal Tax Institute, which was held from June 4‑6 in San Antonio, Texas. The event brought together leading corporate, partnership and real estate tax professionals from across the United States to discuss cutting‑edge issues facing tax practitioners. Andrew spoke on a panel entitled “Buying and Selling S Corps,” which reviewed the tax considerations involved in acquiring and selling S corporations for both buyers and sellers, including assuring a buyer step up, minimizing concerns over a busted S election and maximizing capital gain to the seller.

Activities

May 19, 2025

Cravath Partners Named to Lawdragon’s Inaugural List of Leading Global Tax Lawyers

On May 16, 2025, Cravath partners Ron Creamer, Lauren Angelilli, J. Leonard Teti II, Christopher K. Fargo, Andrew T. Davis and Arvind Ravichandran were named to Lawdragon’s inaugural list of “500 Leading Global Tax Lawyers” in recognition of their work advising clients on the “tax aspects of M&A and other complex transactions.” The list highlights “outstanding leaders” who “preserve the balance between tax responsibilities and fiscal soundness on a global scale.” 

Andrew T. Davis focuses his practice on the tax aspects of mergers and acquisitions, including spin‑off and private equity transactions, as well as securities offerings and banking transactions.

Mr. Davis’s notable transactions include representing:

  • Afterpay in its $29 billion acquisition by Block;
  • AP WIP Investments in its $860 million acquisition by Landscape Acquisition;
  • Atalaya Capital Management in its $800 million sale to Blue Owl Capital;
  • AXA in its $15.3 billion acquisition of XL;
  • Bacardi in its acquisition of ILEGAL Mezcal;
  • BDT in its majority investment in Marquette Transportation;
  • Bridge Investment Group’s special committee in the $1.5 billion acquisition by Apollo;
  • Cable One in the formation of Clearwave Fiber, a joint venture with GTCR, Stephens Capital Partners and The Pritzker Organization;
  • Cano Health shareholders, including members of management, in the $4.4 billion SPAC merger with Jaws Acquisition, which included an $800 million PIPE investment;
  • Corteva in the pending spin-off of its Seed business;
  • Cox Enterprises in Cox Communications’ pending $34.5 billion combination with Charter Communications;
  • Deutsche Telekom in its Master Framework Agreement with SoftBank and T‑Mobile, pursuant to which DT consented to SoftBank’s sale of T‑Mobile shares for approximately $20 billion;
  • Disney in ESPN’s pending acquisition of NFL Network and other media assets from the NFL in exchange for a 10% equity stake in ESPN, the combination of its Hulu + Live TV business with Fubo, ESPN’s proposed joint venture with Fox and Warner Bros. Discovery to launch Venu Sports and ESPN’s strategic alliance with PENN Entertainment to launch ESPN BET;
  • Endeavor’s special committee in the $25 billion take‑private acquisition by Silver Lake;
  • FactSet in its $246.5 million acquisition of LiquidityBook, its $1.925 billion acquisition of CUSIP Global Services from S&P Global and its acquisition of Irwin;
  • Forward Air in its combination with Omni Logistics, creating a $3.7 billion company;
  • Grubhub and Just Eat Takeaway.com in Grubhub’s sale to Wonder;
  • GW Pharmaceuticals in its $7.2 billion acquisition by Jazz Pharmaceuticals;
  • Hibu Group in the sale of its U.S. business to H.I.G. Capital;
  • The special committee of the Hudson board of directors in the sale of all remaining equity interests in Hudson to Dufry;
  • IBM in its acquisitions of AlchemyAPI and Blue Box Group;
  • Johnson & Johnson in connection with multiple transactions, including the IPO and separation of Kenvue, its $14.6 billion acquisition of Intra‑Cellular Therapies, its $2 billion acquisition of Ambrx, its $16.6 billion acquisition of Abiomed, its $6.5 billion acquisition of Momenta, Ethicon’s $3.4 billion acquisition of Auris Health, its $30 billion acquisition of Actelion, its ¥230 billion acquisition of Ci:z, the $2.1 billion sale of LifeScan to Platinum Equity and the $2.8 billion sale of its Advanced Sterilization Products business to Fortive;
  • Just Eat Takeaway.com in its $7.3 billion acquisition of Grubhub;
  • Knorr-Bremse in its $149.5 million acquisition of R.H. Sheppard and the sale of R.H. Sheppard to Balmoral Funds;
  • Lindsay Goldberg and its portfolio companies in connection with multiple transactions, including Amentum’s Reverse Morris Trust merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, creating a combined organization with $13 billion in revenue, and its $1.9 billion acquisition of PAE and acquisition of DynCorp International; the sale of Liquid Tech Solutions to Velocity Rail Solutions, a Wind Point Partners portfolio company; the acquisition of Golden State Foods; Summit Interconnect’s acquisition of Royal Circuit Solutions; the sale of Pixelle to H.I.G. Capital; the acquisition of a majority interest in Pike; and its acquisition of VDM from ThyssenKrupp;
  • The senior executive team of McLarens Global Limited in connection with the $1.6 billion recapitalization of McLarens by Lee Equity Partners;
  • Newcrest in its A$28.8 billion acquisition by Newmont;
  • OLX Group in letgo’s combination with OfferUp of their U.S. businesses and OLX Brazil in its R$2.9 billion acquisition of Grupo ZAP;
  • OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
  • Pitney Bowes in the sale of Borderfree to Global‑e and the $700 million sale of its Software Solutions business to Syncsort;
  • Prosus in its $1.8 billion acquisition of Stack Overflow and its $500 million PIPE investment in connection with Churchill II SPAC’s $1.5 billion merger with Skillsoft and acquisition of Global Knowledge;
  • Radius Global Infrastructure in its $3 billion acquisition by EQT Active Core Infrastructure and PSP Investments;
  • Richemont in its $1.1 billion PIPE investment in Farfetch, in partnership with Alibaba;
  • Robinhood in its initial public offering and its $300 million acquisition of TradePMR;
  • Robotic Research in its $228 million Series A financing round;
  • Scientific Games in the $6.05 billion sale of SG Lottery to Brookfield;
  • SMBC Aviation Capital in its $6.7 billion acquisition of Goshawk Aviation;
  • The Snyder family in the $6.05 billion sale of the NFL's Washington Commanders to a partnership led by Josh Harris;
  • Tabula Rasa in its $570 million take‑private acquisition by Nautic;
  • TaskUs’s special committee in the proposed $2 billion take-private acquisition by Blackstone and the company’s co‑founders;
  • Unilever in its acquisition of OLLY and its $384 million acquisition of TAZO from Starbucks;
  • Univision in its sale of a majority stake to Searchlight and ForgeLight; 
  • WestRock in its $20 billion combination with Smurfit Kappa, creating Smurfit WestRock; and
  • Wiz in its pending $32 billion acquisition by Google.

Mr. Davis was named a “Rising Star” by Law360 in 2022, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40, and has been recognized by Lawdragon as among the “500 Leading Dealmakers in America,” “500 Leading Global Tax Lawyers” and “500 X – The Next Generation.” He has been recognized for his work in the tax arena by The Legal 500 US.

Mr. Davis is Vice Chair of the Corporate Tax Committee of the Tax Section of the American Bar Association. He frequently speaks on important developments in tax law, including for organizations such as the ABA, D.C. Bar, Federal Bar Association, Practising Law Institute (PLI) and NYU’s Institute on Federal Taxation. In particular, he is a frequent commentator on topics in corporate taxation such as the corporate alternative minimum tax (“CAMT”), having participated in events including PLI’s “Basics of International Taxation,” where he spoke on a panel entitled “Compliance with Minimum Taxes.” Mr. Davis authored “Private Equity Funds,” a Bloomberg Tax Management Portfolio, which is a flagship treatise on private equity fund transactions. He has also served as Lecturer in Law at Stanford Law School, where he has taught corporate income taxation.

Mr. Davis is from Montclair, New Jersey. He received an A.B. summa cum laude from Princeton University in 2010, where he was elected to Phi Beta Kappa, a J.D. from Stanford Law School in 2014, where he was an Articles Editor of the Journal of Law, Business & Finance, and an LL.M. from New York University School of Law in 2020.

Mr. Davis joined Cravath in 2014. Following a one‑year clerkship with Hon. Guido Calabresi of the U.S. Court of Appeals for the Second Circuit, he returned to the Firm in 2016 and was elected a partner in 2021.

Mr. Davis’s notable transactions include representing:

  • Afterpay in its $29 billion acquisition by Block;
  • AP WIP Investments in its $860 million acquisition by Landscape Acquisition;
  • Atalaya Capital Management in its $800 million sale to Blue Owl Capital;
  • AXA in its $15.3 billion acquisition of XL;
  • Bacardi in its acquisition of ILEGAL Mezcal;
  • BDT in its majority investment in Marquette Transportation;
  • Bridge Investment Group’s special committee in the $1.5 billion acquisition by Apollo;
  • Cable One in the formation of Clearwave Fiber, a joint venture with GTCR, Stephens Capital Partners and The Pritzker Organization;
  • Cano Health shareholders, including members of management, in the $4.4 billion SPAC merger with Jaws Acquisition, which included an $800 million PIPE investment;
  • Corteva in the pending spin-off of its Seed business;
  • Cox Enterprises in Cox Communications’ pending $34.5 billion combination with Charter Communications;
  • Deutsche Telekom in its Master Framework Agreement with SoftBank and T‑Mobile, pursuant to which DT consented to SoftBank’s sale of T‑Mobile shares for approximately $20 billion;
  • Disney in ESPN’s pending acquisition of NFL Network and other media assets from the NFL in exchange for a 10% equity stake in ESPN, the combination of its Hulu + Live TV business with Fubo, ESPN’s proposed joint venture with Fox and Warner Bros. Discovery to launch Venu Sports and ESPN’s strategic alliance with PENN Entertainment to launch ESPN BET;
  • Endeavor’s special committee in the $25 billion take‑private acquisition by Silver Lake;
  • FactSet in its $246.5 million acquisition of LiquidityBook, its $1.925 billion acquisition of CUSIP Global Services from S&P Global and its acquisition of Irwin;
  • Forward Air in its combination with Omni Logistics, creating a $3.7 billion company;
  • Grubhub and Just Eat Takeaway.com in Grubhub’s sale to Wonder;
  • GW Pharmaceuticals in its $7.2 billion acquisition by Jazz Pharmaceuticals;
  • Hibu Group in the sale of its U.S. business to H.I.G. Capital;
  • The special committee of the Hudson board of directors in the sale of all remaining equity interests in Hudson to Dufry;
  • IBM in its acquisitions of AlchemyAPI and Blue Box Group;
  • Johnson & Johnson in connection with multiple transactions, including the IPO and separation of Kenvue, its $14.6 billion acquisition of Intra‑Cellular Therapies, its $2 billion acquisition of Ambrx, its $16.6 billion acquisition of Abiomed, its $6.5 billion acquisition of Momenta, Ethicon’s $3.4 billion acquisition of Auris Health, its $30 billion acquisition of Actelion, its ¥230 billion acquisition of Ci:z, the $2.1 billion sale of LifeScan to Platinum Equity and the $2.8 billion sale of its Advanced Sterilization Products business to Fortive;
  • Just Eat Takeaway.com in its $7.3 billion acquisition of Grubhub;
  • Knorr-Bremse in its $149.5 million acquisition of R.H. Sheppard and the sale of R.H. Sheppard to Balmoral Funds;
  • Lindsay Goldberg and its portfolio companies in connection with multiple transactions, including Amentum’s Reverse Morris Trust merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, creating a combined organization with $13 billion in revenue, and its $1.9 billion acquisition of PAE and acquisition of DynCorp International; the sale of Liquid Tech Solutions to Velocity Rail Solutions, a Wind Point Partners portfolio company; the acquisition of Golden State Foods; Summit Interconnect’s acquisition of Royal Circuit Solutions; the sale of Pixelle to H.I.G. Capital; the acquisition of a majority interest in Pike; and its acquisition of VDM from ThyssenKrupp;
  • The senior executive team of McLarens Global Limited in connection with the $1.6 billion recapitalization of McLarens by Lee Equity Partners;
  • Newcrest in its A$28.8 billion acquisition by Newmont;
  • OLX Group in letgo’s combination with OfferUp of their U.S. businesses and OLX Brazil in its R$2.9 billion acquisition of Grupo ZAP;
  • OUTFRONT Media in the C$410 million divestiture of its Canadian business to Bell Media;
  • Pitney Bowes in the sale of Borderfree to Global‑e and the $700 million sale of its Software Solutions business to Syncsort;
  • Prosus in its $1.8 billion acquisition of Stack Overflow and its $500 million PIPE investment in connection with Churchill II SPAC’s $1.5 billion merger with Skillsoft and acquisition of Global Knowledge;
  • Radius Global Infrastructure in its $3 billion acquisition by EQT Active Core Infrastructure and PSP Investments;
  • Richemont in its $1.1 billion PIPE investment in Farfetch, in partnership with Alibaba;
  • Robinhood in its initial public offering and its $300 million acquisition of TradePMR;
  • Robotic Research in its $228 million Series A financing round;
  • Scientific Games in the $6.05 billion sale of SG Lottery to Brookfield;
  • SMBC Aviation Capital in its $6.7 billion acquisition of Goshawk Aviation;
  • The Snyder family in the $6.05 billion sale of the NFL's Washington Commanders to a partnership led by Josh Harris;
  • Tabula Rasa in its $570 million take‑private acquisition by Nautic;
  • TaskUs’s special committee in the proposed $2 billion take-private acquisition by Blackstone and the company’s co‑founders;
  • Unilever in its acquisition of OLLY and its $384 million acquisition of TAZO from Starbucks;
  • Univision in its sale of a majority stake to Searchlight and ForgeLight; 
  • WestRock in its $20 billion combination with Smurfit Kappa, creating Smurfit WestRock; and
  • Wiz in its pending $32 billion acquisition by Google.

Mr. Davis was named a “Rising Star” by Law360 in 2022, recognizing him as one of five outstanding tax lawyers in the nation under the age of 40, and has been recognized by Lawdragon as among the “500 Leading Dealmakers in America,” “500 Leading Global Tax Lawyers” and “500 X – The Next Generation.” He has been recognized for his work in the tax arena by The Legal 500 US.

Mr. Davis is Vice Chair of the Corporate Tax Committee of the Tax Section of the American Bar Association. He frequently speaks on important developments in tax law, including for organizations such as the ABA, D.C. Bar, Federal Bar Association, Practising Law Institute (PLI) and NYU’s Institute on Federal Taxation. In particular, he is a frequent commentator on topics in corporate taxation such as the corporate alternative minimum tax (“CAMT”), having participated in events including PLI’s “Basics of International Taxation,” where he spoke on a panel entitled “Compliance with Minimum Taxes.” Mr. Davis authored “Private Equity Funds,” a Bloomberg Tax Management Portfolio, which is a flagship treatise on private equity fund transactions. He has also served as Lecturer in Law at Stanford Law School, where he has taught corporate income taxation.

Mr. Davis is from Montclair, New Jersey. He received an A.B. summa cum laude from Princeton University in 2010, where he was elected to Phi Beta Kappa, a J.D. from Stanford Law School in 2014, where he was an Articles Editor of the Journal of Law, Business & Finance, and an LL.M. from New York University School of Law in 2020.

Mr. Davis joined Cravath in 2014. Following a one‑year clerkship with Hon. Guido Calabresi of the U.S. Court of Appeals for the Second Circuit, he returned to the Firm in 2016 and was elected a partner in 2021.

Education

  • LL.M., 2020, New York University School of Law
  • J.D., 2014, Stanford Law School
  • A.B., 2010, Princeton University

Clerkships

  • Hon. Guido Calabresi, U.S. Court of Appeals for the Second Circuit

Admitted In

  • New York

Professional Affiliations

American Bar Association

  • Vice Chair, Corporate Tax Committee

New York State Bar Association

Organizations

Stanford Law School

  • Lecturer in Law

Rankings

Law360

  • Rising Star: Tax (2022)

Lawdragon

  • 500 Leading Dealmakers in America (2025)
  • 500 Leading Global Tax Lawyers (2025)
  • 500 X – The Next Generation (2025, 2024, 2023)

The Legal 500 US

  • International Tax (2024, 2023, 2022)
  • US Taxes: Non‑contentious (2025-2022)

Deals & Cases

October 30, 2025

Valero Energy Corporation’s $4 Billion Revolving Credit Facility

Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4 billion revolving credit facility made available to Valero Energy Corporation, a leading multinational manufacturer and marketer of petroleum‑based and low‑carbon liquid transportation fuels and petrochemical products. The transaction closed on October 16, 2025.

Deals & Cases

October 27, 2025

Cleveland‑Cliffs Inc.’s High‑Yield Senior Guaranteed Notes Offering

Cravath represented the initial purchaser in connection with the $275 million 144A/Reg. S high‑yield senior guaranteed notes offering of Cleveland‑Cliffs Inc., a leading North America‑based steel producer. The transaction closed on October 10, 2025.

Deals & Cases

October 21, 2025

McLarens’ $1.6 Billion Reinvestment from Lee Equity

On October 15, 2025, Lee Equity Partners, LLC (“Lee Equity”), an investment firm specializing in investments in the financial and healthcare services sectors, announced the closing of a $1.6 billion recapitalization of McLarens Global Limited (“McLarens”), a global independent provider of insurance services, to extend Lee Equity’s long‑term partnership with McLarens. Cravath represented members of McLarens’ senior executive team in connection with the transaction.

Deals & Cases

October 20, 2025

Dell International L.L.C. and EMC Corporation’s $4.5 Billion Registered Senior Notes Offering

Cravath represented the underwriters in connection with the $4.5 billion registered senior notes offering of Dell International L.L.C. and EMC Corporation. Dell International L.L.C. and EMC Corporation are wholly-owned subsidiaries of Dell Technologies, a leading integrated technology solutions provider in the IT industry. The transaction closed on October 6, 2025.

Deals & Cases

October 20, 2025

Windstream Services, LLC’s $1.4 Billion High-Yield Senior Secured Notes Offering

Cravath represented the initial purchasers in connection with the $1.4 billion high-yield senior secured notes offering of Windstream Services, LLC, an indirect wholly owned subsidiary of Uniti Group Inc., a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. The transaction closed on October 6, 2025.

Publications

October 28, 2025

Back to the Future: IRS and Treasury Reinstate Pre‑2024 Guidelines for Spin‑Off Private Letter Rulings

On October 28, 2025, Cravath prepared a memo for its clients entitled “Back to the Future: IRS and Treasury Reinstate pre‑2024 Guidelines for Spin‑Off Private Letter Rulings.” The memo examines the Internal Revenue Service’s recently released Rev. Proc. 2025‑30, which provides updated guidelines for taxpayers requesting private letter rulings from the IRS for tax‑free spin‑off and split‑off transactions under Section 355. Rev. Proc. 2025‑30 supersedes Rev. Proc. 2024‑24 and withdraws Notice 2024‑38 (together the “2024 Guidance”).

Publications

September 29, 2025

Bloomberg Tax Publishes Tax Management Portfolio on U.S. Private Equity Fund Taxation by Chris Fargo, Arvind Ravichandran and Andrew Davis 

On September 15, 2025, Bloomberg Tax published “Private Equity Funds,” a Tax Management Portfolio by Cravath partners Christopher K. Fargo, Arvind Ravichandran and Andrew T. Davis that addresses material tax issues faced by private equity funds. The flagship treatise provides in‑depth, clear and commercial guidance on a variety of topics, including fund formation, private equity M&A, structuring of special investments and addressing the needs of special cases of investors, such as tax‑exempts, sovereign wealth funds and foreign investors.

Activities

July 23, 2025

Andrew Davis Speaks at PLI’s Basics of International Taxation 2025 Program

Cravath partner Andrew T. Davis participated in “Basics of International Taxation 2025,” a program presented by the Practising Law Institute from July 22‑23 in New York. Andrew spoke on a panel entitled “Compliance with Minimum Taxes,” which discussed compliance with the OECD Pillar 2 rules and U.S. corporate alternative minimum tax (CAMT), including their impact on M&A transactions.

Activities

June 05, 2025

Andrew Davis Speaks at the 2025 Texas Federal Tax Institute

On June 5, 2025, Cravath partner Andrew T. Davis participated in the 2025 Texas Federal Tax Institute, which was held from June 4‑6 in San Antonio, Texas. The event brought together leading corporate, partnership and real estate tax professionals from across the United States to discuss cutting‑edge issues facing tax practitioners. Andrew spoke on a panel entitled “Buying and Selling S Corps,” which reviewed the tax considerations involved in acquiring and selling S corporations for both buyers and sellers, including assuring a buyer step up, minimizing concerns over a busted S election and maximizing capital gain to the seller.

Activities

May 19, 2025

Cravath Partners Named to Lawdragon’s Inaugural List of Leading Global Tax Lawyers

On May 16, 2025, Cravath partners Ron Creamer, Lauren Angelilli, J. Leonard Teti II, Christopher K. Fargo, Andrew T. Davis and Arvind Ravichandran were named to Lawdragon’s inaugural list of “500 Leading Global Tax Lawyers” in recognition of their work advising clients on the “tax aspects of M&A and other complex transactions.” The list highlights “outstanding leaders” who “preserve the balance between tax responsibilities and fiscal soundness on a global scale.” 

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