Davis Polk advised Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as representatives of the several underwriters in connection with an SEC-registered follow-on offering of 10,925,000 ordinary shares of Fleetmatics Group PLC, of which 1,000,000 ordinary shares were issued and sold by the Company and 9,925,000 ordinary shares were sold by the selling shareholders, for an aggregate price to the public of $313.5 million. The shares include 1,425,000 ordinary shares purchased by the underwriters pursuant to an option provided by one selling shareholder.
Tags: Davis Polk & Wardwell LLP | Silicon ValleyDavis Polk – Rally Software Follow-On Offering
Davis Polk advised the underwriters in connection with a $132.2 million offering of common stock of Rally Software Development Corp. at $24.75 per share, consisting of 250,000 shares of common stock offered by the company and 5,089,455 shares of common stock offered by the selling stockholders (including 729,058 shares in respect of the exercise in full of the underwriters’ option to purchase additional shares). The offering resulted in gross proceeds of $6.2 million to the company and $126.0 million to the selling stockholders. Deutsche Bank Securities Inc. and Piper Jaffray & Co. acted as lead book-running managers and Needham & Company, LLC, JMP Securities LLC, William Blair & Company, L.L.C. and Wunderlich Securities, Inc. acted as co-managers. Rally Software’s common stock is traded on the New York Stock Exchange under the symbol “RALY.”
Tags: Davis Polk & Wardwell LLP | Silicon ValleyHawkins Parnell Thackston & Young LLP Expands its New York Office
Real Estate Specialist Jochen Scheel to Join Allen & Overy
Allen & Overy LLP continues to expand its corporate practice with the appointment of real estate specialist Jochen Scheel as a partner in its Frankfurt office. Jochen Scheel will join from Paul Hastings, where he built up the real estate practice, heading it as a partner for the past nine years. His exact start date is yet to be confirmed.
Tags: Allen & Overy LLPMcDermott Advises Silver Eagle Acquisition Corp. in $325 Million IPO
International law firm McDermott Will & Emery LLP represented Silver Eagle Acquisition Corp. (Nasdaq: EAGLU), a special purpose acquisition company (SPAC), in its initial public offering of 32,500,000 units, which closed on July 30, 2013. The units were sold at an offering price of $10.00 per unit for gross proceeds of approximately $325 million. This is the largest amount raised in an IPO by a U.S. SPAC in over seven years. Deutsche Bank Securities Inc. acted as the sole book running manager and representative of the underwriters of the offering.
Tags: McDermott Will & Emery LLP | New YorkHerbert Smith Freehills Advises on $280 Million Finance Facility for RCR Tomlinson
Herbert Smith Freehills has advised the Commonwealth Bank of Australia (CBA) on the A$280 million acquisition finance facilities provided to RCR Tomlinson Ltd with funds used to complete the acquisition of Norfolk Group Limited by way of a scheme of arrangement.
Tags: Herbert Smith Freehills Kramer LLPEversheds Appoints Leading IP and Life Sciences Partner
Global law firm Eversheds has appointed former Sidley Austin London IP and Life Sciences Head, Brett Rowland as a Partner in its London office.
Tags: Eversheds SutherlandKing & Wood Mallesons and SJ Berwin Combine to Create First Global Law Firm Headquartered in Asia
King & Wood Mallesons and leading international law firm SJ Berwin announced today a world first legal combination, marking the next step for their clients in building a new global law firm based in Asia.
Tags: King & Wood MallesonsGreenberg Traurig Grows Intellectual Property & Technology Practice, Adds Shareholder Dr. Weisun Rao in Chicago
Dr. Weisun Rao has joined the Chicago office of the international law firm Greenberg Traurig, LLP as a shareholder in the Intellectual Property & Technology practice. He will also spend considerable time in the firm’s Shanghai office.
Tags: Greenberg Traurig, LLPWeil Advises Health Management Associates in $7.6B Sale to Community Health Systems
A Weil team led by Corporate Chairman Michael Aiello is advising Health Management Associates, Inc. (HMA), which owns 71 hospitals in 15 states, in its $7.6 billion sale (including assumption of debt) to Community Health Systems, Inc. (CHS), one of the largest publicly traded hospital companies in the US. The transaction is expected to close by the end of the first quarter of 2014 and is subject to customary closing conditions, including regulatory approval and HMA stockholder approval.
Tags: Weil, Gotshal & Manges, LLP | New York







