Case Studies

Business Growth through Acquisitions and Registrations

In 2013, Kegler Brown acted as securities and corporate counsel to PowerSecure International, Inc. a nationally renowned energy services public company, in engaging in a series of business acquisitions and $100 million in securities registrations, that involved a complex series of issues relating to securities regulation compliance, taxation, corporate entity formation and merger, and complex transaction negotiations with opposing counsel in a short period of time. With our extensive team knowledge of public companies, securities requirements, tax matters, entity structure and our acclaimed merger and acquisition practice, we were able to help our client meet and exceed its expectations while simultaneously advising its board of directors and relevant committees in successfully resolving all issues, in order for PowerSecure to achieve its high standards of excellence and business and finance requirements.

Counseling a New Public Company in the Software Industry

The attorneys at Kegler Brown took over representation of a newly public company in the software industry. Our attorneys counseled the management team in complying with federal and state securities laws in connection with the new public company status, undertaking fund raising efforts, managing corporate finance issues, and meeting mandated reporting requirements. Our team also helped them make decisions regarding the registration of selling stockholder shares, which involved extensive counseling and intense education of the officers, board of directors and committees regarding the company's securities and other public company requirements and obligations. Kegler Brown has become the growing company's trusted advisor and works closely with the executive team in managing all aspects life as a public company.

$40 Million Public Offering for North Carolina Energy Company

Kegler Brown represented PowerSecure International, Inc. in the closing of its $40 million public offering, underwritten by investment banking firm Robert W. Baird & Co., which was represented by Morrison & Foerster. The public offering raised money for PowerSecure’s important business needs, including working capital, acquisition and equipment to grow and expand its business which has reported record revenues in its most recent financial results. In order to complete the financing, our firm counseled and assisted them on every step of the process, from the preparation and filing of the shelf registration statement, through due diligence, negotiations with the underwriters on the underwriting documentation and preparation and filing of the prospectus supplement and related offering documents. This counsel helped PowerSecure finance its rapid growth trajectory, which subsequently included listing its shares on the New York Stock Exchange and ringing the opening bell that day, while our attorneys stood proudly next to the company's executive team.