Private Equity: Moore & Van Allen

Overview

Our group consists of over 70 private equity attorneys and represents a diverse array of international, national, and regional sponsors, including traditional leveraged buyout funds, growth equity funds, venture capital funds, independent sponsors, family offices, and search funds. We guide sponsor clients through the entirety of the private equity lifecycle, including fund formation, platform acquisitions and investments, add-on acquisitions, all aspects of portfolio company representation, and exit transactions.

In 2020, we advised sponsor clients with an aggregate AUM of over $500 billion in connection with over 30 new platform investments / LBOs, and we advised sponsor clients and their portfolio companies in connection with over 150 add-on acquisitions and sale, recapitalization, and other liquidity events. Our group works collaboratively with the firm’s nationally-recognized attorneys in our finance, environmental, tax, intellectual property, labor and employment, employee benefits and incentive compensation, litigation, real estate, and bankruptcy practice groups, as well as outside foreign counsel on cross-border transactions. We leverage the firm’s industry-specific knowledge in areas such as health care, energy, and software/business services.

Representative Work

Platform Investments/LBOs

2020

Represented Marquee Brands, a platform of the private equity group at Neuberger Berman, in connection with its acquisition of Sur La Table
Represented Broadtree Partners in five new platform transactions structured as leveraged buyouts with significant management participation, including a medical surgical supply distribution company, a remanufacturer and aftermarket supplier of components and parts for the material handling industry, a service provider of construction and general contracting sweeping, and an aerospace manufacturer
Represented Warren Equity Partners in the establishment of its USA Water platform and the platform’s initial acquisition of SiEnvironmental, LLC. SiEnvironmental provides operations and maintenance services for water and wastewater utility districts in metropolitan Houston and surrounding areas
Represented Warren Equity Partners in connection with its investment in PowerGrid Services, a leading provider of transmission, distribution, vegetation management, right of way clearing, erosion control and collective storm response services to utilities
Represented Warren Equity Partners in connection with the establishment of its Integrated Facility Solutions platform and the platform’s initial acquisition of Concept Controls
Represented KLH Capital in its recapitalization of Insulations Inc.
Represented CCP Capital Strategies in its acquisition of Executive Information Systems, LLC, in partnership with the company’s founders
Represented Ten Oaks Group in its leveraged acquisition of the Refrigerated Solutions Group of Standex International Corporation
Represented ParkSouth Ventures in the roll-up acquisitions of Enterprise Computing Services, LLC and My IT, LLC, alongside its investment partner on the transaction

2019

Represented Pamlico Capital in connection with its investment in HelioCampus, which provides outsourced managed data analytics solutions for higher education institutions
Represented Frontier Growth in connection with its acquisition of Clearwave, a leading provider of digital check-in, insurance eligibility, and patient payments solutions to health systems and physician practices
Represented Frontier Growth in connection with its acquisition of Phone2Action, the world’s leading technology company for civic participation and stakeholder engagement
Represented Marquee Brands, a platform of the private equity group at Neuberger Berman, in connection with its acquisition of Martha Stewart Living Omnimedia, LP
Represented Carousel Capital in connection with its acquisition of Palmetto Infusion Services, one of the nation’s largest independent ambulatory infusion center operators
Represented Warren Equity Partners in connection with its leveraged buyout of StormTrap, which provides stormwater management solutions to the municipal, commercial, industrial and residential markets (December 2018)
Represented Five Points Capital in connection with its recapitalization of Specialty Appliances, LLC. Specialty Appliances is a leading national orthodontic laboratory, manufacturing over 100 types of customized appliances for use in orthodontic treatment
Represented Broadtree Partners in connection with its leveraged buy-out of CanSource, a can manufacturing company that specializes in serving the craft beer industry
Represented Delvern Capital in connection with the cross-border acquisition of Advantco International by Montage Partners and our client Delvern Capital. Advantco International is a premiere service provider to leading global companies with best-in-class software adapters that automate the integration of various enterprise applications with ERP systems, including SAP and Oracle

Portfolio Company Add-on Acquisitions

2020

Represented MyEyeDr, a portfolio company of the merchant banking group of Goldman Sachs, in connection with over 400 add-on acquisitions
Represented Hepaco, LLC, a portfolio company of Gryphon Investors in the business of providing environmental and emergency services, in connection with its acquisition of the Evergreen Group
Represented Jensen Hughes, a portfolio company of Gryphon Investors in the business of safety, security and risk-based engineering and consulting, in connection with its acquisition of L2 Paloturvallisuus Oy, a Finnish company, and its acquisition of CFT Engineering Inc., a Canadian company
Represented HelioCampus, Inc., a portfolio company of Pamlico Capital, in connection with its acquisition of Academic Benchmarking Consortium
Represented Clearwave Corporation, a portfolio company of Frontier Growth, with respect to the acquisition of Odoro Global, an Israeli healthcare SaaS solutions provider
Represented Phone2Action, Inc., a portfolio company of Frontier Growth, with respect to the acquisition of two companies – GovPredict, Inc. and KnowWho, Inc.
Represented PriceSpider, a portfolio company of Frontier Growth, with respect to the acquisition of Commerce Connector, a German company
Represented PowerGrid Services and its investor Warren Equity Partners
in connection with the acquisition by PowerGrid of two new companies -
James Power Line and SolScapes
Represented Yellowstone Landscape, a portfolio company of Harvest Partners, with respect to multiple add-on acquisitions
Represented West Physics Consulting LLC, a portfolio company of LNC Partners,
in its acquisition of Radiological Physics Consultants
Represented Outsolve, LLC, a portfolio company of LNC Partners, in a strategic add-on acquisition
Represented Trowbridge & Trowbridge, a member of Enlightenment Capital’s IntelliBridge portfolio of companies, with respect to its acquisition of IntelliWare Systems
Represented Analysis, Computing & Engineering Solutions, a member of Enlightenment Capital’s EverWatch portfolio of companies, with respect to its acquisition of BrainTrust Holdings
Represented Davlyn Manufacturing, a portfolio company of Emko Capital,
in the acquisitions of Norfab and Amatex

2019

Represented Superior Industrial Maintenance Company (“SIMCO”), a portfolio company of our client Warren Equity Partners, in connection with the acquisitions of Maintenance Insulation Company and Carolina Coatings Solutions and Industrial Services. SIMCO provides corrosion protection services for mission critical assets in the infrastructure sector
Represented PriceSpider, a portfolio company of our client Frontier Growth, in connection with the acquisition of Oris Intelligence, a software company specializing in providing real time analytics into pricing inconsistencies and unauthorized sellers across online channels. PriceSpider is an advanced retail data technology company that provides insights about consumer purchasing behavior for the world’s largest brand manufacturers
Represented Jensen Hughes, a portfolio company of our client Gryphon Investors, in connection with the acquisitions of Technical Response Planning Corporation and Hillard Heintze, LLC. Jensen Hughes is a global leader in safety, security and risk-based engineering and consulting. It provides services including fire protection systems design and analysis, code consulting, risk assessment, commissioning, forensic, environmental, security, research, development, and testing services
Represented MyEyeDr, now a portfolio company of the merchant banking group of Goldman Sachs, in connection with over 100 add-on acquisitions

Portfolio Company Exits

2020

Represented Ares EIF Management in the sale of Astoria Project Partners LLC
Represented NewSpring Capital and Plexus Capital with respect to the sale of Northeast Ship Repair
Represented Warren Equity Partners in the sale of its portfolio company Hydromax USA to Industrial Growth Partners
Represented Succession Capital Partners with respect to a strategic control investment made by a third-party investor in Groundworks
Represented Aymira Partners in the sale of its behavioral health portfolio companies A Small Miracle, LLC and Aym Technologies, LLC
Represented Ten Oaks Group in the sale of its portfolio company, ASI Services LLC
Represented Warren Equity Partners in connection with the sale of its portfolio company Multifuels Midstream Group to an affiliate of Macquarie Capital
Represented Ten Oaks Group in the sale of its portfolio company, EcoDigital

2019

Represented Pamlico Capital and its portfolio company MetaMetrics in connection with the sale of MetaMetrics to The Apax Digital Fund. MetaMetrics is a provider of scientific measures of academic achievement and complimentary technologies
Represented MyEyeDr, a portfolio company of Altas Partners and Caisse de Depot, in connection with the sale of MyEyeDr. to the merchant banking division of Goldman Sachs
Represented Quad-C and its portfolio company Colibri Group in connection with the sale of Colibri Group to Gridiron Capital. Colibri Group helps millions of professionals manage and advance their careers through online learning solutions, all powered by their proprietary SaaS platform