Legal Week/Law.com International has named Vinson & Elkins partner Federico Fruhbeck a Private Equity Rising Star in the U.K. and European legal industry. The list recognizes up-and-coming lawyers for their “prowess in winning new clients, deepening existing relationships and broadening the scope of their firm’s private equity expertise against a background of uncertainty.”
Vinson & Elkins advised Clovis Point Capital in a significant growth investment in NinjaCat, Inc., the leading all-in-one platform for marketing teams to store, report, monitor and analyze data at scale.
Vinson & Elkins advised funds managed by affiliates of Apollo Global Management, Inc. in connection with the formation of a joint venture with Altius Minerals Corporation’s subsidiary, Altius Renewable Royalties (“Altius”), to accelerate the growth of Great Bay Renewables, the US-based operating subsidiary of Altius and a leading provider of renewable energy development capital in North America.
Vinson & Elkins advised CoolSys, Inc., the parent of market-leading refrigeration and HVAC services companies nationwide backed by Ares Management, in acquiring Carolina Refrigeration Services Inc, a commercial HVAC and refrigeration company which serves customers in South Carolina, North Carolina, Tennessee, Alabama and Georgia.
Vinson & Elkins advised EnCap Investments L.P. (“EnCap”) in a transaction whereby Devon Energy and WPX Energy (“WPX”) have entered into an agreement to combine in an all-stock merger of equals. Funds managed by EnCap own approximately 27 percent of the outstanding shares of WPX.
Vinson & Elkins advised Switchback Energy Acquisition Corporation, a special purpose acquisition company (SPAC), in a definitive business combination agreement with ChargePoint, Inc., a leading electric vehicle charging network. The business combination values ChargePoint at an implied $2.4 billion enterprise value.
Vinson & Elkins advised funds managed by affiliates of Apollo Global Management, Inc. in connection with their recent equity commitment to affiliates of Momentum Minerals, LLC.
Vinson & Elkins advised The Carlyle Group on the acquisition of a portfolio of solar development projects in the state of Maine, through a newly-established affiliate Acadia Renewable Energy, LLC, from the global solar independent power producer BNRG. V&E also advised Carlyle in securing construction and permanent debt financing for the portfolio.
Vinson & Elkins advised EnCap Investments L.P. in its capacity as the largest stockholder of Montage Resources Corporation (“Montage”) in connection with Montage’s entry into a definitive merger agreement under which Southwestern Energy Company will acquire Montage in an all-stock transaction.
Vinson & Elkins advised Clovis Point Capital in a majority-stake investment in ZynBit.com, whereby ZynBit.com has become an affiliate entity of Clovis Point Capital’s existing portfolio company, Cirruspath, Inc.
Vinson & Elkins advised affiliates of Riverstone Holdings, LLC as the lead investor in signing definitive agreements regarding a private placement of newly issued convertible preferred shares of Pipestone Energy Corp. with an initial liquidation preference of CAD$70 million.
Vinson & Elkins advised Crestview Partners in connection with its investment in Upwell Water, a San Francisco-based, water-focused specialty finance company.