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September 2017

Gordon & Rees Business Transactions Group Successfully Closes Multi-Million Dollar Business Transaction for National Venture Capital Client

Gordon Rees Scully Mansukhani Pittsburgh based Partner and National Co-Chair of the Business Transactions practice group, Craig Heryford, successfully closed a $10 million investment in common stock and a secondary sale of $5 million of series a preferred stock and common stock issued by a national platform technology and logistics company. This multi-million dollar transaction needed to be closed in a very short time frame. Gordon & Rees represented the lead investor in this transaction who is a national venture capital company with more than $1 billion in investments under management. The transaction provides the firm's client’s portfolio company the necessary capital to move its business forward to sustainable profitability.   

Gordon & Rees’s Business Transactions Practice Group includes 54 attorneys nationwide and provides full service counsel to public and privately held U.S. and foreign clients, ranging from start-up entrepreneurs to Fortune 100 corporations. Our services cover the wide range of challenges and opportunities clients encounter throughout the business life cycle, from formation to mergers and acquisitions, daily operations to protecting intellectual property, raising capital to securities law compliance, and corporate governance to international ventures and tax management.

 

Craig S. Heryford



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