Tim Foarde is a senior lawyer in the New York area and represents clients in international direct investment, merger and acquisition, corporate finance, and energy transactions. Tim has over thirty years experience in cross-border transactions and has worked on significant matters in most countries in Latin America, representing leading private equity funds, financial institutions, energy and other commercial companies. He has extensive experience in private equity acquisitions and dispositions, and cross-border joint ventures, partnerships and other joint companies. He has particular experience in advising U.S. investors in direct investments and privatization bids in Latin America. Tim’s principal areas of domestic practice include mergers and acquisitions, corporate, and real estate law, and advising financial institutions on problem loans, corporate finance, and asset acquisitions.
Practice Experience
Since October 2011, Tim has established a solo practice specializing in international transaction work, collaborating with teams of domestic and international lawyers as appropriate, to represent clients in complex transactions.
Tim worked as an international transactions lawyer and partner at the law firm of Vinson & Elkins LLP for twenty-five years (1986-2011). He was a founding partner of the New York Office of Vinson & Elkins, and a leading partner in its Latin American Practice Group.
Recent Representative Matters – Solo practice
Recent engagements include representing:
a private equity client in the in-kind distribution to investors of public securities of its portfolio company
an early stage fund investor in a $50 million Series F investment in a Brazilian logistics company and related secondary transactions
a U.S. management team in the formation of a $20 million venture for oil and gas exploration in Colombia
a private equity client in a minority stake investment in a $200 million international company in the family entertainment and education sector
a venture fund in its investment in a Brazilian real estate marketplace company
a Mexican private equity client in its cross-border reorganization
a family office investor in its successful exit of a private equity investment in a leading U.S. company in the retail branded fashion industry
a private equity client in a $32 million equity investment in a leading Mexican non-bank lending and leasing institution
a U.S. private equity fund focused on Latin America in its acquisition of a 50% stake in a leading Colombian trust and asset management company with over $18 billion assets under management
an international energy company in various joint venture E&P transactions in Colombia
a private equity client in a $190 million partial exit of its successful investment in the U.S. healthcare space
a Mexican corporation in its successful sale of a joint venture interest in the retail eyewear business
a family office investor in various late stage venture capital transactions
a private equity fund in its successful partial exit of a portfolio company by means of both in-kind distributions and a $145 million underwritten secondary offering of public securities
a client in the formation of its fourth international private equity fund
a Mexican client in its strategic merger with a private-equity backed company in the retail eyewear business, creating the largest eyewear retailer in Latin America with 1,170 points of sale
a client in the acquisition of a controlling stake in the largest privately-owned third party logistics company (3PL) in Mexico specialized in the healthcare sector
an international private equity client in a $2.5 billion recapitalization and reorganization of a leading company in the international retail fashion industry
an international energy company in its acquisition of working interests in producing blocks in the Middle Magdalena Valley Basin in Colombia
a Mexico-focused U.S. private equity fund in the reorganization of a low-cost Mexican airline
a U.S. private equity fund portfolio company in capitalization and development contracts for an upstream oil and gas exploration and production company in Peru
a management team in negotiations to acquire a leading luxury experiential travel company with operations in South Africa, Tanzania, Kenya, Namibia, Botswana and India, and developing greenfield eco-tourism sites in Argentina and Brazil
a client in establishment of its second private equity fund targeting the U.S. and Mexico
a private equity client in the workout of a European portfolio investment and subsequent negotiations to combine the business with a U.S.-based company in the electric automotive sector
a U.S.-based business in its joint venture to establish a cattle feedlot business in Turkey
owners of a major cable company in Venezuela in sale transaction and offshore corporate reorganization matters
Representative Matters – Vinson & Elkins practice
Practice at Vinson & Elkins included representing:
a U.S. private equity fund in a $1.25 billion transaction to acquire a minority interest in a Colombian pipeline business
a U.S. private equity fund in its $320 million joint venture combination of sports media assets with major media concerns
a U.S. private equity fund in the establishment of a low-cost airline business in Mexico
an international private equity client in a $600 million acquisition of a minority stake in a U.S. based fashion company
a U.S. private equity fund in its $450 million venture capital investment in a sports television channel and Internet company targeted at Latin America and the U.S. Hispanic market
a U.S. energy company in its joint venture bid for a controlling interest in a Brazilian electrical distribution company
a U.S. investor in its $130 million acquisition of a stake in a sports programming company in Latin America
a U.S. investor in the bid for a $1.2 billion multi-national food products company in Argentina, Brazil and Venezuela
a U.S. investor in its $30 million acquisition of licensing, merchandise, and exhibition rights with respect to major league soccer teams in Brazil
a U.S. investor in the acquisition of over 60 cable television companies in Argentina and their subsequent restructuring and sale to a third party in a transaction valued at $450 million
a U.S. investor in its $85 million acquisition of a controlling interest in a Venezuelan cable television business
a Mexican client in its successful joint venture bid for control of the privatized Mexican satellite system
a major U.S. energy company in its successful bid in the privatization of two gas distribution systems in Brazil
a U.S. investor in its $126 million acquisition of a series of outdoor advertising businesses in Argentina, Chile, Uruguay and Brazil
a U.S. investor in a $130 million minority investment in direct-to-home satellite television business in Mexico
a U.S. energy company in its negotiations for the construction of a 700 MW power plant in Brazil
foreign and domestic clients in international telecommunications ventures, including investments in SMR, cable, and satellite systems in Latin America
a U.S. investor in its successful acquisition of a controlling interest in a glass-manufacturing company in Mexico
a U.S. real estate company in the formation of a joint venture in Mexico for development of commercial and multi-family residential real estate projects
a major energy company in its successful $130 million bid and financing of a gas distribution company in Argentina
Educational and Professional Background
Texas A&M University, B.A. with high honors, 1983
The University of Texas School of Law, J.D. with honors, 1986
Admitted to practice:
Texas, 1986;
Virginia, 1991;
District of Columbia, 1992; and
New York, 1998.
Fluent in Spanish
Attorney-at-Law
Fairfield, CT 06824-1739
