Joshua C. Reisman

Public Company Transactions

• Avantax, Inc., a tax-focused financial planning and wealth management company, in its $1.2 billion take-private sale to Cetera Financial Group. This deal was recognized as the “M&A Deal of the Year” for the $1B-$10B Category at the 23rd Annual M&A Advisor Awards.
• Satcom Direct, Inc., a satellite communications hardware manufacturer and service provider, in its sale to Gogo Inc. for up to $600 million in cash and stock.
• Micropac Industries, Inc., a leading designer and manufacturer of critical components for military, aerospace and commercial applications, in its pending take-private sale to Teledyne Technologies Incorporated.
• Sabre Corporation, a leading travel software and technology company, in the pending sale of its corporate online booking platform, GetThere, to Serko Limited.
• AleAnna Energy, LLC, a natural gas resource company, in its business combination with Swiftmerge Acquisition Corp., a special purpose acquisition company.
• Opiant Pharmaceuticals Inc., a clinical stage biopharmaceutical company developing new treatments for addiction and drug overdose, in its take-private sale to Indivior.*
• Opendoor Labs Inc., a digital real estate platform, in its $4.8 billion merger with Social Capital Hedosophia Holdings II, a special purpose acquisition company.*
• Cyxtera Technologies Inc., a provider of mission-critical retail colocation and interconnection services, in its $3.4 billion merger with Starboard Value Acquisition Corp, a special purpose acquisition company.*
• Offerpad, Inc., a digital real estate platform, in its $3 billion merger with Supernova Partners Acquisition Company, Inc., a special purpose acquisition company.*
• Aspiration Partners, Inc., a leading sustainability services platform, in its $2.3 billion merger with InterPrivate III Financial Partners Inc., a special purpose acquisition company (terminated).*
• GCM Grosvenor, a global alternative asset management firm, in its $2 billion merger with CF Finance Acquisition Corp, a special purpose acquisition company.*
• Talkspace, Inc., a virtual behavioral healthcare company, in its $1.4 billion merger with Hudson Executive Investment Corp, a special purpose acquisition company.*
• Transfix Inc., a digital freight platform, in its $1.1 billion merger with G Squared Ascend I, Inc., a special purpose acquisition company (terminated).*
• Global Infrastructure Partners in its $630 million sale of Competitive Power Ventures to OPC Energy, a publicly traded Israeli electricity company.*

Private M&A Transactions and Venture Capital

• Applied Avionics, Inc., a leading U.S. manufacturer of avionics interface solutions for aerospace and defense platforms, in its $385 million sale to Loar Group Inc.
• Awaken Intelligence Ltd., a leading UK-based provider of AI-powered agent guidance and analytics solutions for contact centers, in its sale to IAG Capital Partners.
• AdCellerant LLC, a marketing and services technology company, in its recapitalization and strategic investment from Clearview Capital.
• Breck Partners, a Dallas-based private equity firm, in its acquisition of NPX One, a leading U.S. manufacturer of foam fresh protein packaging.
• Trive Capital, a Dallas-based private equity firm, in the sale of its interest in Iowa Northern Railway Company to Canadian National Railway Company.
• Authentic Brands Group, a global brand development, marketing, and entertainment platform, in its acquisition of Boardriders (Quicksilver, Billabong), a global action sports and lifestyle company, from funds managed by Oaktree Capital Management.*
• Silver Lake Partners in its $500 million investment in Shadowbox Studios.*
• Endeavor in the acquisition of multiple MLB Professional Development League Clubs, and the creation of Diamond Baseball Holdings.*
• Aspiration Partners, Inc., in its $315 million incremental equity financing from funds managed by Oaktree Capital Management and investment affiliates of Steve Ballmer.*
• Aspiration Partners, Inc., in its acquisition of a boutique advisory firm dedicated to building and supporting Opportunity Zone Funds.*
• Hyundai Motor Group in its acquisition of an 80% interest in Boston Dynamics from SoftBank in a transaction valuing Boston Dynamics at $1.1 billion.*
• Cordelio Power in the acquisition of two wind development projects in Illinois.*
• Kayne Anderson in the acquisition and tax equity financing of multiple utility-scale solar energy generation facilities in North Carolina.*
• ConnectGen in the formation of a 50-50 joint venture and acquisition and tax equity financing of three utility-scale solar facilities in the Southwest US.*

Shareholder Activism and Takeover Defense

• New Relic in defense of campaigns by JANA Partners and Engaged Capital seeking board representation and governance changes.*
• A publicly-traded manufacturer of dietary supplements in its defense of an unsolicited offer from a private investment firm.*
• Several publicly-traded companies in evaluating shareholder rights plans and other takeover defense strategies in response to unsolicited offers and activist campaigns.*

*Matter handled prior to joining Haynes and Boone.