Firms reported 15 big deals to Law Week in our Q4 2024 survey, outnumbering deals reported for the third quarter but dipping below the number of deals reported in the second and first quarter for 2024.
Last year, firms reported 21 deals to Law Week in Q4. For 2024, economists predicted slight growth at around 3% globally on the conservative end, while more optimistic market reports project 8 to 9% growth. Economists also anticipated more modest consumer spending.
In Colorado, new entity filings in the fourth quarter decreased 0.4% year-over-year and 1.9% quarter-over-quarter. The seasonal decrease from Q3 to Q4 occurred at a slower-than-average rate, according to data released by the Colorado Secretary of State.
Total delinquencies also increased 10.1% year-over year, but were down 0.9% from the prior quarter. But the state’s numbers related to GDP, job growth and productivity all increased.
The following deals were submitted to Law Week by the firms who worked on them. Deal notes and details were edited for clarity, length and style.
Acquisition
CONFIDENTIAL
Perkins Coie LLP
Client: Boise Cascade Company
Team: Jess Batzell, partner; Ann Balzer, associate; Kaci Peterson, counsel
Other parties: Parksite represented by McDermott Will & Emery LLP
Notes: The firm represented Boise Cascade Company in its acquisition of Parksite door shop in Lakeland, Florida.
CONFIDENTIAL
Holland & Hart LLP
Client: Digible, Inc.
Team: Amos Barclay, partner; Catherine Kelly, associate; Conrad Kranz, associate; Tim Percival, paralegal; Peter Perla, partner; Nabil Rodriguez, associate; George Singer, partner; Trent Timmons, partner
Other parties: Matterhorn Capital Partners
Notes: Holland & Hart represented Digible, Inc., a Denver-based proptech agency offering digital marketing for the multifamily housing industry, in connection with a capital reorganization. Financing for the reorganization was provided by Matterhorn Capital Partners.
Up to $175,000,000
Holland & Hart LLP
Client: SSR Mining Inc.
Team: Claire Rosston, partner; Stuart Knight, associate; Aisha May, associate; Angela Franklin, partner; Andrea Grave, associate; Erica Nannini, associate; Amber Rudnick, associate; Lynn Kornfeld, partner; Ann Prouty, partner; Ashley Peck, partner; Natalie Cristo, associate; Kayleigh Verboncoeur, associate; Bill Caile, of counsel; Mark Wiletsky, partner; Annie Stuller, associate; Ben Gibbons, partner; Robert Ayers, partner; Stacey Hayes, litigation and regulatory specialist; Lindsay Silber, partner; Evan Mahon, associate; Sabrina Danielson, partner; Arthur Hundhausen, partner; Cory Talbot, partner; Dave Glynn, of counsel; Trent Timmons, partner; Conrad Kranz, associate
Other parties: Newmont Corporation
Notes: Holland & Hart represented SSR Mining Inc., an intermediate gold company, in its definitive purchase agreement to acquire the Cripple Creek & Victor Gold Mine in Colorado from Newmont Corporation. The transaction is an all-cash deal for $100 million in upfront consideration and up to $175 million in additional milestone-based payments, and is expected to close in the first quarter of 2025.
CONFIDENTIAL
Perkins Coie LLP
Client: Bertram Capital Management LLC
Team: Nate Ford, partner; Blake Schell, partner; Andrew Pence, associate; Hannah Schuppner, counsel; John Schoppert, associate; Daniel Sito, partner; Jason Elliott, senior counsel
Other parties: Perimeter Solutions Group
Notes: Perkins Coie represented Bertram Capital in its acquisition of Perimeter Solutions Group, a provider of commercial and industrial perimeter protection, from Gladstone Capital.
CONFIDENTIAL
Perkins Coie LLP
Client: Perimeter Solutions Group
Team: Nate Ford, partner; Blake Schell, partner; Hannah Schuppner, counsel; John Schoppert, associate
Other parties: Diamond Iron, LLC
Notes: Perkins Coie represented Perimeter Solutions Group and its private equity sponsor, Bertram Capital, in connection with its acquisition of Diamond Iron, a permanent fence and gate installation business in Phoenix, Arizona.
CONFIDENTIAL
KO Law
Client: Spekit
Team: Samantha Pjesky, attorney
Other parties: AI Startup Cquence
Notes: KO client Spekit, an AI-powered platform to aid sales representatives, just announced the acquisition of Cquence, which will further accelerate Spekit’s AI technology and its mission to deliver personalized enablement experiences for sales reps in the moment they need it.
CONFIDENTIAL
KO Law
Client: Havenly Brands
Team: Kevin Gibson, partner; Charles Ciaccio, partner; Elizabeth Ho, attorney; Nadia Bryan, attorney; Wes Lang, attorney; Cory Helton, attorney; Sara Richissin, paralegal
Other parties: Burrow
Notes: KO assisted Havenly Brands in the acquisition of direct-to-consumer furniture brand Burrow, marking Havenly’s fifth acquisition in two years. The acquisition broadens Havenly’s reach into direct-to-consumer furnishings with a company that has quick-ship, modular products for living rooms, dining rooms, bedrooms, storage, outdoor and offices.
CONFIDENTIAL
KO Law
Client: Aligned Incentives
Team: Logan DeSouza, attorney; Ian Kuliasha, partner; Brooke Eckert, attorney; Corey Santos, attorney
Other parties: Bureau Veritas
Notes: KO client Aligned Incentives, a provider of AI-powered sustainability planning solutions, was acquired by Bureau Veritas, an inspection, certification and laboratory testing company.
CONFIDENTIAL
KO Law
Client: Civic Renewables
Team: Samantha Pjesky, attorney; John Kyed, attorney; Michael Wysolmerski, attorney; Niki Vinod Schwab; attorney; Chris Ignelzi, paralegal; Caitlyn Knudson, paralegal
Other parties: Florida Power Management
Notes: KO client Civic Renewables, a national parent company to a network of local clean energy businesses, acquired solar company Florida Power Management, marking Civic’s third acquisition since the company launched.
Disposition
CONFIDENTIAL
Perkins Coie LLP
Client: Infra Pipe Solutions Holdings, LP
Team: Jim Cruger, partner; Blake Schell, partner; Justin Gonzalez, partner; Chris Phares, associate; Annamarie Carty, associate
Other parties: Fortress Investment Group
Notes: Perkins Coie represented Infra Pipe Solutions, a portfolio company of Wynnchurch Capital, in its sale to Fortress Investment Group.
CONFIDENTIAL
Perkins Coie LLP
Client: Gyptech
Team: Jim Cruger, partner; Blake Schell, partner; Justin Gonzales, partner; Nic Schmidt, associate; Andrew Pence, associate
Other parties: Fortress Investment Group
Notes: Perkins Coie represented Gyptech, a portfolio company of Wynnchurch Capital, in its sale to Fortress Investment Group.
Equity finance
$1,700,000,000
Gibson, Dunn & Crutcher LLP
Client: Atmos Energy Corporation
Team: Robyn Zolman, partner and transaction lead; Sarah Ediger, associate; Lauren Hernandez, associate
Other parties: BNP PARIBAS, BofA Securities, CIBC Capital Markets, Credit Agricole CIB, Goldman Sachs & Co. LLC, Huntington Capital Markets, J.P. Morgan, Mizuho, MUFG, Regions Securities LLC, Truist Securities, TD Securities, and Wells Fargo Securities served as sales agents and forward purchasers. Norton Rose Fulbright represented the sales agents.
Notes: Gibson Dunn represented Atmos Energy Corporation in its $1.7 billion at-the-market equity offering program, which provides for direct issuances of common stock and issuances of common stock through forward sale agreements.
$300,000,000
Gibson, Dunn & Crutcher LLP
Client: Forestar Group Inc.
Team: Robyn Zolman, partner and transaction lead; Sarah Ediger, associate; Lauren Hernandez, associate
Other parties: J.P. Morgan, Citigroup, Mizuho, Wells Fargo Securities, TD Securities, Fifth Third Securities, BofA Securities, BTIG, Nomura and Citizens JMP served as sales agents. Cahill Gordon & Reindel represented the sales agents.
Notes: Gibson Dunn represented Forestar Group in its $300 million at-the-market equity offering program.
$40,000,000
KO Law
Client: MetOx International, Inc.
Team: Jennifer Rosenthal, partner; Ryan Sykora, attorney; Michael Wysolmerski, attorney; Caitlyn Knudson, paralegal
Other parties: Investors for the additional funding include a strategic syndicate of investors, including Duquesne Family Office, LLC, Piedmont Capital, Crosscut Ventures, New System Ventures, John Doerr’s Family Office together with Ryan Panchadsaram, among others.
Notes: This funding announcement follows MetOx’s $25 million Series B funding announced in September 2024 and $80 million in funding from the U.S. Department of Energy announced in October 2024.
Debt finance
$650,000,000
Gibson, Dunn & Crutcher LLP
Client: Atmos Energy Corporation
Team: Robyn Zolman, partner and transaction lead; Sarah Ediger, associate; Lauren Hernandez, associate
Other parties: Mizuho, TD Securities and US Bancorp served as representatives of the underwriters. Norton Rose Fulbright represented the underwriters.
Notes: Gibson Dunn represented Atmos Energy Corporation in its $650 million SEC registered offering of 5.000% Senior Notes due 2054.