Goodwin attorneys recently advised Canaan Partners on its tenth fund, Canaan X, which raised $675 million of capital. The fund is reportedly the eighth largest venture capital fund raised in the United States in 2014, according to the National Venture Capital Association and Thomson Reuters, and will focus on early stage and seed stage investments. More >>
Tags: Goodwin Procter LLP | BostonGoodwin Represents AeroCare in Merger with MergeWorthRx
Goodwin Procter recently advised AeroCare Holdings Inc. in its announced all-stock merger with MergeWorthRx Corp. According to the terms of the agreement, AeroCare will become a public company upon completion of the transaction and its existing stockholders will own 53% of the post-merger company. The deal is expected to close in the fourth quarter of 2014. Additional information can be found in the MergeWorthRx press release. More >>
Tags: Goodwin Procter LLP | Boston | New YorkGoodwin Procter Advises HubSpot on Initial Public Offering
Goodwin attorneys recently advised marketing and sales software company, HubSpot, on its initial public offering of 5,000,000 common shares. Shares priced at $25 per share and trading began on October 9 on the New York Stock Exchange under ticker “HUBS.” More >>
Tags: Goodwin Procter LLP | BostonGoodwin Procter Represents Boston Private in Acquisition of Banyan Partners
Goodwin Procter recently advised Boston Private Bank & Trust, a subsidiary of Boston Private Financial Holdings (NASDAQ: BPFH), on its acquisition of substantially all assets and assumption of certain liabilities of Banyan Partners, LLC, an independent wealth management and registered investment advisory firm. In the transaction, Banyan’s wealth management business was combined with Boston Private Bank’s wealth management and trust division to create a new wealth management company with approximately $9 billion in client assets. The new company is headquartered in Boston and has offices in seven key regions, including New England, Northern and Southern California, Florida, Texas and Wisconsin. More >>
Tags: Goodwin Procter LLP | BostonNetScout Systems to Acquire Danaher’s Communications Business for $2.6 Billion
Cooley is advising NetScout Systems, Inc. on its definitive agreement to acquire the communications business of Danaher Corporation for $2.6 billion. According to The Wall Street Journal, the acquisition will create a global cybersecurity and IT management company.
NetScout is a market leading provider of performance analytics and operational intelligence solutions. Danaher is an industrial and health-care technology company, whose communications businesses specialize in protecting and improving network performance through testing, monitoring and threat protection. More >>
Tags: BostonGoodwin Advises ProQR Therapeutics on Initial Public Offering
Goodwin Procter recently advised ProQR Therapeutics, a biopharmaceutical company, on its initial public offering of 8,625,000 ordinary shares. Shares priced at $13.00 per share and are traded on the Nasdaq Global Market under ticker symbol “PRQR.” Net proceeds from the offering are approximately $102 million. More >>
Tags: Goodwin Procter LLP | BostonGoodwin Procter Advises Gallus BioPharmaceuticals in Sale to DPx Holdings
Goodwin Procter attorneys recently advised Gallus BioPharmaceuticals in its sale to DPx Holdings, parent company of Patheon, DSM Fine Chemicals and Banner Life Sciences. Goodwin also advised financial sponsor Ridgemont Equity Partners of Charlotte, N.C. and the senior management team of Gallus in the transaction. The transaction closed on September 29, 2014. More >>
Tags: Goodwin Procter LLP | Boston | WashingtonMillennial Media to Acquire Nexage, a Leading Mobile SSP and Advertising Exchange
Millennial Media today announced that it has signed a definitive agreement to acquire Nexage for approximately $107.5 million in cash and stock, subject to certain adjustments. Based in Boston, privately held Nexage is a leading provider of Real-Time-Bidding (RTB) technology that helps to automate the buying and selling of mobile advertising. More >>
Tags: BostonGoodwin Advises Boston Properties on $1.5 Billion Sale of Interests in Boston and New York Properties
Goodwin Procter attorneys advised Boston Properties on its announced agreement to sell a 45% interest in each of three properties – 601 Lexington Avenue (New York City), Atlantic Wharf Office Building (Boston), and 100 Federal Street (Boston) – to affiliates of Norges Bank Investment Management for an aggregate, gross purchase price of approximately $1.5 billion. Boston Properties and an affiliate of Norges Bank Investment Management will form a joint venture for each property upon closing, and Boston Properties will retain property and leasing management for the ventures. The transaction is subject to customary closing conditions and is expected to close on or about October 31, 2014. More >>
Tags: Goodwin Procter LLP | Boston | New YorkBoston Law Firms Expand with New Hires
Boston is a city that is rich in cultural history. It has been an important political and economic center since the onset of the American Revolution, and companies continue to flock to the northeast to pursue business opportunities. Recently, law firms are experiencing a surge in hiring and legal recruitment as they seek to find legal professionals to keep up with the burgeoning American economy.
Tags: Boston