Saul Ewing’s Corporate Practice:
Through All Stages of Company Growth
Comprehensive Legal Guidance
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Publicly traded companies
Real Estate Investment Trusts (REITs)
Private equity firms, venture capital funds, angel groups, individual investors and family offices
Hedge funds and other alternative investment vehicles
Financial institutions and private lenders
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Private Equity and Venture Capital
Public Securities
Private Offerings
REITs
M&A
M&A
Closing deals quickly and efficiently
Our team has closed hundreds of transactions that are integral to our clients’ business strategies. Some recent highlights are below:
CLIENT
International Speedway Corporation (NASDAQ:ISCA)
Counsel to seller
Merger with NASCAR Holdings, Inc. pursuant to which NASCAR took ISC private
Sports & Entertainment
$2 billion
OUR ROLE
TRANSACTION
industry
value
R.D. Offutt Company (NYSE: RDO)
$900 million
Counsel to seller
Sale of Dot’s Homestyle Pretzels to The Hershey Company
Food, Beverage & Agribusiness
Supernus Pharmaceuticals (NASDAQ: SUPN)
$450 million
Counsel to buyer
Acquisition of Adamas Pharmaceuticals, Inc.
Pharmaceuticals
Aperture
Credentialing, LLC
Counsel to seller
Sale of all its equity interests to an affiliate of Stone Point Capital
Health Information Technology
private equity & venture capital
Summit Ridge Energy, LLC
$175 - $200 million
Counsel to issuer
Strategic investment of $175 million by Apollo Global Management affiliates, with another potential $25 million earnout
Renewable Energy
SonicWall, Inc.
Counsel to buyer, which is private equity sponsored
Acquisition of Banyan Security, Inc.
Technology/Cybersecurity & Data Privacy
XL Innovate (Venture Capital Arm of AXA XL)
$85 million
Counsel to seller
Sale of New Energy Risk to Paragon Insurance Holdings, LLC.
Insurance
CollabraSpace
$25 million
Counsel to seller
Sale to Eqlipse Technologies Global Holdings (a portfolio company of Arlington Capital Partners)
Technology; Government Contracts/Aerospace Defense
Private Equity and Venture Capital
public securities
Belpointe PREP, LLC (NYSE AMERICAN: OZ)
$750 million
Counsel to registrant
Registration of an at-the-market offering of Class A units and the related listing of those Class A units on the NYSE American
Real Estate
Canaccord Genuity Group Inc.
(OTCMKTS: CCORF)
$80 million
U.S. counsel to book-running manager
IPO of 10 million shares of Class A common stock of Ascend Wellness Holdings, Inc. (OTCMKTS: AAWH)
Cannabis
Middlesex Water Company
(NASDAQ: MSEX)
$43.8 million
(net proceeds)
Counsel to public company issuer
Follow-on public offering of 760,330 shares of common stock
Utilities
Supernus Pharmaceuticals, Inc. (NASDAQ: SUPN)
$403 million
Counsel to public company issuer
Convertible debt offering to qualified institutional buyers
Pharmaceuticals
Public Securities
M&A
private offerings
Zah Group, Inc. (Holding Company of Klein Tools)
$100 million
Counsel to private company issuer
Stockholder redemption transaction
Consumer Products Manufacturing
Propel Baltimore Fund III, L.P.
$18 million
Counsel to venture capital fund
Capital raise
Financial Services
Kipsu, Inc.
$7.5 million
Counsel to a private company
Strategic equity investment
Software
Steel Investment Partners
(1) $16.3 million acquisition
(2) $8.4 million offering
Counsel to buyer in acquisition / counsel to issuer in offering
(1) Acquisition (through an acquisition vehicle) of El Pescador Lodge & Villas in Belize read more
Hospitality
Private Offerings
(2) Private Placement Offering of up to $8.4 million in convertible notes to raise capital in an investment vehicle entity to fund this acquisition previous
REITs
Corporate Office Properties Trust
$345 million
Maryland REIT counsel to issuer
Exchangeable senior notes offering due 2028
Liberty Property Trust
$12.6 billion
Maryland counsel to merger partner
Liberty Property Trust merged with Prologis
Government Properties Income Trust
$6.1 billion
Maryland counsel to merger partner
Merger of Select Income REIT and Government Properties to create Office Properties Income Trust
GreenAcreage Real Estate Corp.
$435 million
Maryland counsel to merger partner
Merger with NewLake REIT
REITs
Startups and high-growth companies
Middle-market operating companies
Trusted counsel to a variety of entities
Mergers & Acquisitions
deep transactional experience
Private Equity
Securities Transactions and Regulations
Real Estate Investment Trusts (REITs)
Additional Areas
CORE
AREAS
Mergers & Acquisitions
We advise on various types of M&A deals — from complex transactions with layers of intricate negotiation to smaller matters with a narrow universe of legal issues.
Represent public and private companies of all sizes
Advise both acquirers and targets in friendly deals and hostile takeovers
Handle asset and stock dispositions, tender offers, and reorganizations for both buyers and sellers
Counsel on transformative transactions for educational and health care institutions, nonprofit organizations, and trade associations
Advise on divestitures, joint ventures, strategic alliances and deSPACs
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Mergers & Acquisitions
Minority and controlling investments
Leveraged and management buyouts
Co-investments
Dispositions
Recapitalizations
Debt financing
Fund formation and management
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Working collaboratively to structure innovative, tax-advantaged portfolio investments and fund formation transactions, we advise large and mid-market private equity funds and sponsors, lenders in private financings involving mezzanine debt, individual investors, and family offices in:
Private Equity
Private Equity
CLICK ON AREAS TO READ MORE
Securities regulations, periodic reporting, compliance and corporate governance
Securities transactions, including equity and debt offerings, for issuers and underwriters
Securities matters in M&A transactions
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We regularly advise public and private companies, entrepreneurs, and investors, as well as private equity funds, hedge funds, SPACs and promoters of other investment vehicles, in major areas of securities law, including:
Securities Transactions and Regulations
Securities Transactions and Regulations
Formation and management
Real estate development, acquisitions, dispositions, joint ventures, mergers, financing and leasing
Financings, capital raises and initial public offerings
Securities and regulatory requirements
Corporate governance, including Maryland REIT governance
Disputes, including shareholder disputes, proxy contests and hostile takeover attempts
Tax compliance
Labor and employment, employee benefits
Proxy solicitation and 14a-8 Shareholder Proposals
Implementation of shareholder rights plans and other takeover defenses
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We represent public and private REITs with properties throughout the United States that are active in all real estate asset classes across a broad spectrum of legal areas, including:
Real Estate Investment Trusts (REITs)
Real Estate Investment Trusts (REITs)
Corporate governance
Debt financing
General corporate counsel (from forming businesses and preparing operating agreements to drafting, reviewing, and negotiating commercial contracts and advising on strategic alliances)
Emerging company and entrepreneur services
Legal opinions for corporate transactions
Nonprofit corporate counsel
Venture capital
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Additional Areas
Additional Areas
Government contracts
& Aerospace defense
energy
retail
information technology
pharmaceuticals
health care & life sciences
manufacturing
sports & entertainment
cannabis
insurance
higher education
Food, beverage & agribusiness
corporate counseling with an industry focus
Our team has particular strength counseling on corporate matters for clients in the following industries:
streamlined deal support
Attorneys from across our firm are key members of our deal teams, advising on these discrete areas:
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Tax
Securities
Employee benefits and executive compensation
Real estate
Environmental
Antitrust
Regulatory due diligence
Representations and warranties insurance
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client spotlight
We have advised on dozens of matters across a variety of areas for these select clients:
Corporate governance
Real estate
Contracts and agreements
General corporate
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Klein Tools
CLICK ON LOGOS TO READ MORE
General corporate
Labor and employment
Real estate
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Chicago Blackhawks
Securities
General corporate
Federal and state cannabis regulations
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Canaccord
Genuity Corp.
Debt financing
REIT governance
General corporate
Litigation
Real estate finance
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Guardian Healthcare
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Mergers and acquisitions
General corporate
Contracting/procurement
Cybersecurity and privacy
Johnson, Mirmiran
& Thompson, Inc.
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Mergers and acquisitions
Securities and financing transactions
Contracts and agreements
Collaborations
Intellectual property
Labor and employment
Litigation
Supernus Pharmaceuticals
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Labor and employment
Intellectual property
Cybersecurity and privacy
Government contracts
Corporate Transparency Act
CLIENT
OUR ROLE
TRANSACTION
industry
value
CLIENT
OUR ROLE
TRANSACTION
industry
value
CLIENT
OUR ROLE
TRANSACTION
industry
value
CLIENT
OUR ROLE
TRANSACTION
value
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connect with us
Contact our Corporate team leaders with any questions.
Eric Orlinsky
eric.orlinsky@saul.com
Michael Gold
michael.gold@saul.com
For our full Corporate team
CLICK HERE >
M&A
M&A
CLIENT
International Speedway Corporation (NASDAQ:ISCA)
OUR ROLE
Counsel to seller
TRANSACTION
Merger with NASCAR Holdings, Inc. pursuant to which NASCAR took ISC private
INDUSTRY
Sports & Entertainment
VALUE
$2 billion
1/4
CLIENT
R.D. Offutt Company (NYSE: RDO)
OUR ROLE
Counsel to seller
TRANSACTION
Sale of Dot’s Homestyle Pretzels to The Hershey Company
INDUSTRY
Food, Beverage & Agribusiness
VALUE
$900 billion
2/4
CLIENT
Supernus Pharmaceuticals (NASDAQ: SUPN)
OUR ROLE
Counsel to buyer
TRANSACTION
Acquisition of Adamas Pharmaceuticals, Inc.
INDUSTRY
Pharmaceuticals
VALUE
$450 million
3/4
CLIENT
Aperture Credentialing, LLC
OUR ROLE
Counsel to seller
TRANSACTION
Sale of all its equity interests to an affiliate of Stone Point Capital
INDUSTRY
Health Information Technology
VALUE
$120 million
4/4
CLIENT
Supernus Pharmaceuticals (NASDAQ: SUPN)
OUR ROLE
Counsel to buyer
TRANSACTION
Acquisition of Adamas Pharmaceuticals, Inc.
INDUSTRY
Pharmaceuticals
VALUE
$450 million
3/4
CLIENT
R.D. Offutt Company (NYSE: RDO)
OUR ROLE
Counsel to seller
TRANSACTION
Sale of Dot’s Homestyle Pretzels to The Hershey Company
INDUSTRY
Food, Beverage & Agribusiness
VALUE
$900 billion
2/4
CLIENT
International Speedway Corporation (NASDAQ:ISCA)
OUR ROLE
Counsel to seller
TRANSACTION
Merger with NASCAR Holdings, Inc. pursuant to which NASCAR took ISC private
INDUSTRY
Sports & Entertainment
VALUE
$2 billion
1/4
M&A
CLIENT
Aperture Credentialing, LLC
OUR ROLE
Counsel to seller
TRANSACTION
Sale of all its equity interests to an affiliate of Stone Point Capital
INDUSTRY
Health Information Technology
VALUE
$120 million
4/4
CLIENT
Supernus Pharmaceuticals (NASDAQ: SUPN)
OUR ROLE
Counsel to buyer
TRANSACTION
Acquisition of Adamas Pharmaceuticals, Inc.
INDUSTRY
Pharmaceuticals
VALUE
$450 million
3/4
CLIENT
R.D. Offutt Company (NYSE: RDO)
OUR ROLE
Counsel to seller
TRANSACTION
Sale of Dot’s Homestyle Pretzels to The Hershey Company
INDUSTRY
Food, Beverage & Agribusiness
VALUE
$900 billion
2/4
CLIENT
International Speedway Corporation (NASDAQ:ISCA)
OUR ROLE
Counsel to seller
TRANSACTION
Merger with NASCAR Holdings, Inc. pursuant to which NASCAR took ISC private
INDUSTRY
Sports & Entertainment
VALUE
$2 billion
1/4
M&A
CLIENT
Supernus Pharmaceuticals, Inc. (NASDAQ: SUPN)
OUR ROLE
Counsel to public company issuer
TRANSACTION
Convertible debt offering to qualified institutional buyers
INDUSTRY
Pharmaceuticals
VALUE
$403 million
4/4
CLIENT
Middlesex Water Company
(NASDAQ: MSEX)
OUR ROLE
Counsel to public company issuer
TRANSACTION
Follow-on public offering of 760,330 shares of common stock
INDUSTRY
Utilities
VALUE
$43.8 million (net proceeds)
3/4
CLIENT
Canaccord Genuity Group Inc.
(OTCMKTS: CCORF)
OUR ROLE
U.S. counsel to book-running manager
TRANSACTION
IPO of 10 million shares of Class A common stock of Ascend Wellness Holdings, Inc. (OTCMKTS: AAWH)
INDUSTRY
Cannabis
VALUE
$80 million
2/4
CLIENT
Belpointe PREP, LLC
(NYSE AMERICAN: OZ)
OUR ROLE
Counsel to registrant
TRANSACTION
Registration of an at-the-market offering of Class A units and the related listing of those Class A units on the NYSE American
INDUSTRY
Real Estate
VALUE
$750 million
1/4
Public securities
CLIENT
Steel Investment Partners
OUR ROLE
Counsel to buyer in acquisition / counsel to issuer in offering
TRANSACTION
(1) Acquisition (through an acquisition vehicle) of El Pescador Lodge & Villas in Belize
(2) Private Placement Offering of up to $8.4 million in convertible notes to raise capital in an investment vehicle entity to fund this acquisition
INDUSTRY
Hospitality
VALUE
(1) $16.3 million acquisition
(2) $8.4 million offering
4/4
CLIENT
Sourcebooks, LLC
OUR ROLE
Counsel to private company issuer
TRANSACTION
A series of debt and equity transactions
INDUSTRY
Publishing
VALUE
$21 million
3/4
CLIENT
Propel Baltimore Fund III, L.P.
OUR ROLE
Counsel to venture capital fund
TRANSACTION
Capital raise
INDUSTRY
Financial Services
VALUE
$18 million
2/4
CLIENT
Zah Group, Inc.
(Holding Company of Klein Tools)
OUR ROLE
Counsel to private company issuer
TRANSACTION
Stockholder redemption transaction
INDUSTRY
Consumer Products Manufacturing
VALUE
$100 million
1/4
private offerings
Insurance agents
Insurance companies
of all sizes
Real Estate Investment Trusts
Real Estate Investment Trusts (REITs)
Hedge funds and other alternative investment vehicles
Financial institutions and private lenders
Startups and high-growth companies
M&A
Private Equity / Venture Capital
Public Securities
Private Offerings
REITs
Explore more about our firm HERE
Copyright © 2023 Saul Ewing LLP, A Delaware Limited Liability Partnership. All Rights Reserved. | Under the rules of certain jurisdictions, this communication may constitute "Attorney Advertising."
saul.com