Haynes and Boone, LLP Partner John McGowan led a team that represented Capitol Services, LLC in securing an investment from Clearview Capital Fund IV, L.P and its affiliates. The transaction closed in April 2023.
Founded in 1978 and headquartered in Austin, TX, Capitol Services is a tech-enabled provider of outsourced legal and compliance services. Clearview has a proven track record of helping entrepreneurial, service-oriented businesses achieve significant growth and longstanding success.
“Clearview’s cultural fit with Capitol Services ensures that we not only have the capital and support we need, but that we also have a partner that shares our passion for both our clients and employees,” Capitol Services said in an announcement.
Clearview said the transaction provides an opportunity for Capitol Services’ founders, John Robinson and Cheryl Roberts, to retire and transition leadership of the business to the senior management team.
A partner in Haynes Boone’s Corporate Practice Group, McGowan has more than 10 years of experience in acquisitions, divestitures, securities transactions and other complex corporate matters. He was assisted in the transaction by:
Associates Reem Abdelrazik, Eli Brook, and Cameron Scales (Private Equity/Corporate); Partners Lauren White and Don Shiman and Associate Annie Lawson (Tax); Partner Scott Thompson and Attorney Alex Roldán (Benefits); Partner Raquel Alvarenga and Associate Sean Lewis (Labor & Employment); Partner Brandon McCoy (M&A) Associate Annie Allison (Intellectual Property); Associate Abby Johanson (Real Estate); and Partner Mary Simmons Mendoza (Environmental).
Texas Capital Securities acted as the exclusive sell-side advisor to Capitol Services. TCBI Securities, Inc., doing business as Texas Capital Securities, is a member of FINRA and SIPC and has registered with the SEC and other state securities regulators as a broker dealer. TCBI Securities, Inc. is a subsidiary of Texas Capital Bank. Texas Capital Bancshares, Inc. is the parent company of Texas Capital Bank. Securities and other investment products offered by TCBI Securities, Inc. are not FDIC insured, may lose value and are not bank guaranteed.
Haynes and Boone, LLP is an international corporate law firm with 19 offices spanning Texas, New York, California, Charlotte, Chicago, Denver, Virginia, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With about 650 lawyers, Haynes Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It was recognized in the BTI Consulting Group’s 2022 “A-Team” report, which identifies the law firms that in-house counsel commend for providing superior client service.
