Listed in The Best Lawyers in America, Mergers and Acquisitions Law, 2024 Listed in Chambers USA "Recognised Practitioner," Corporate/M&A, 2017-2018 Corporate/M&A, 2016 Public Company Merger - Represented public internet security company in a merger with another public network security company in a transaction valued at more than $300 million in cash and stock. Acquisition of Minor League Baseball Franchise - Represented real estate investment firm in the purchase of the Nashville Sounds Baseball Club, a Pacific Coast League Class AAA affiliate of the Milwaukee Brewers. Sale of Telecommunications Company - Represented telecommunications and network services company in the $40 million sale of its business to a publicly traded telecommunications company. Acquisition of Strategic Technology - Represented network security company with respect to the strategic acquisition of a provider of network security and risk management software and services. Recapitalization - Represented private equity firm in connection with the recapitalization and reorganization of one of its portfolio companies in the automotive supply industry. Cross Border Acquisition - Represented network security company in connection with an acquisition of a company based in Luxembourg for $60 million in cash and stock. Private Equity Investment - Counseled a developer of urgent care centers in connection with a $60 million private equity investment by major private equity firm. Health Care Syndications - Represented public hospital company in connection with the syndications of hospitals and ancillary service centers to physician investors, including a physician syndication of a multi-hospital system and related rollup transactions having a total value in excess of $1 billion. Private Equity Acquisition - Represented private equity client in connection with the $45 million acquisition of a company in the agricultural manufacturing business. Merger of Insider Guides, Inc. d/b/a myyearbook.com with and into a subsidiary of Quepasa Corporation (NYSE: QPSA) - Represented Quepasa Corporation (NYSE: QPSA), a social media technology company, which owns and operates social networking sites, in a merger of its subsidiary with Insider Guides, Inc. d/b/a myyearbook.com, owner and operator of the social networking website, myyearbook.com. The merger consideration of approximately $100 million was paid in cash and stock of QPSA. Our representation of QPSA included serving as sole transaction counsel and tax counsel in connection with a tax opinion delivered to QPSA to be filed with its Form S-4. Bradley Arant Bankruptcy Group Completes Complex Recapitalization Transaction - On November 18, 2010, a Bradley Arant manufacturing client (majority-owned by a Bradley Arant private equity client) completed a complicated recapitalization transaction. As part of the recapitalization, the manufacturing client refinanced its existing senior facility with a new $60 million senior asset-based facility, restructured $42 million in subordinated mezzanine debt, and issued a new $2.5 million round of preferred equity. The new senior loan is secured by real and personal property located at 7 manufacturing facilities in 4 states. Contentious intercreditor negotiations, environmental issues, underfunded pension plans, foreign subsidiaries, and 9 different borrowing entities kept things interesting. John Myers (finance matters) and Jeff Buschmann (equity matters) led the Bradley Arant team, with assistance from John Murdock, Gordon Nichols, Chris Parker, Matt Mattingly, Johanna Jumper, and Mary Ward. Sale of Drives, LLC - Represented Drives, LLC, a worldwide leading manufacturer of chains and auger products for the agriculture industry, based in Fulton, Illinois, and its majority unitholders, in the sale of all the units of Drives, LLC to the Timken Company (NYSE: TKR), a global manufacturer of bearing, alloy steels, and related components and assemblies.
