Partner
Mergers & Acquisitions and Venture Capital
“I’m a transactional lawyer, but my relationships with clients are not merely transactional. They’re deeper, more strategic. We are true teammates.”
Lawdragon, 2023–2026
Milam Newby is the Head of the firm’s Technology practice where he advises on and leads transactions in an array of industries, including technology, financial services, manufacturing, life sciences, chemicals, transportation and energy.
Over the last decade, Milam has developed a particular emphasis on representing investors and startups in private financing transactions. He advises venture capital firms and private equity funds of all sizes, from small, nascent funds to large investment pools managed by preeminent firms. Milam also guides emerging companies from early stage financing to lucrative exits through mergers and acquisitions or public offerings. His other transactional experience includes management buyouts, debt financing, joint ventures and strategic alliances, among other business transactional matters.
In addition to his transactional work, Milam advises clients such as Fortune 500 companies on day-to-day matters related to organization, capital structure, stock incentives, governance, litigation risk management, securities law compliance, and disclosure. He also enjoys the challenges of structuring unique transactions, such as helping the University of Texas forge a partnership with ESPN to create a new television station.
Milam takes a collaborative approach with all his clients, offering them comprehensive advice on the issues they face and working closely with them to achieve efficient, commercial solutions. He is proud of his ongoing relationships with clients and committed to being an integral part of their team as they pursue new avenues for success.
American Insulated Glass, a portfolio company of AV Capital, in its sale to Trulite Glass & Aluminum Solutions, one of North America’s largest architectural glass and aluminum fabricators
Rebellion Photonics, a provider of intelligent, visual gas monitoring solutions, in its acquisition by Honeywell
Kibo, a leader in cloud commerce solutions and a Vista Equity Partners portfolio company, in its acquisition of Certona, a provider of real-time, AI-driven omnichannel personalization software solutions
PayLease, a leading PropTech provider for property managers and community associations and a Vista Equity Partners portfolio company, in its acquisition of Zego, maker of a smart home hub for apartment living
Vida Capital, a multi-billion dollar alternative asset manager specializing in insurance-linked strategies, in its acquisition by Redbird Capital and Reverence Capital Partners
AV Capital in its acquisition of American Insulated Glass, a custom fabricator and distributor of glass products
USA Compression Partners in its acquisition of Energy Transfer Partners’ compression business in a transaction valued at approximately $1.8 billion
Plant Automation Services in a $40 million growth investment in the company by Tinicum Partners
Athlaction Holdings, a Vista Equity Partners portfolio company, in the sale of Lanyon Solutions, a provider of cloud-based enterprise event management technology solutions, to Cvent in connection with Vista’s take-private acquisition of Cvent
Bioo Scientific Corporation in its sale to PerkinElmer, Inc.
Tinicum Incorporated in the preferred stock financing of Rebellion Photonics, a developer of imaging cameras to monitor rigs and refineries
Asuragen, an RNA-based therapeutic and diagnostics company providing molecular biology services, in a Series C Preferred Stock financing
Cotton Creek Capital and Stoney Point Group in the formation of AirReady, a company focused on aviation maintenance, repair, and overhaul, and the acquisition by AirReady of Broadwing Air Repair
Eastern Capital Limited in its investment in Catalina Acquisitions, parent company to Unidos, a financial services provider
Management of Mailgun Technologies in the acquisition of Mailgun, a provider of email infrastructure software, by Thoma Bravo
Kibo, a leader in cloud commerce solutions and a Vista Equity Partners portfolio company, in its acquisition of Monetate, a leader in personalization software for consumer-facing brands
Xactly, a Vista Equity Partners portfolio company, in its acquisition of OpsPanda, a SaaS company specializing in sales resource planning solutions
7Park Data, a Vista Equity Partners portfolio company, in its acquisition of Real Factors, maker of a data analytics platform for commercial real estate investment professionals
M&M Tradition Holdings in the sale of the company, a diversified sheet metal fabricator of HVAC duct pipe and fittings and a portfolio company of Southwest Opportunity Partners, to MiTek Holdings, a Berkshire Hathaway portfolio company
Austin Ventures in its acquisition of SAM, Inc., a surveying, mapping and engineering company
Century Payments in the sale of the company, an electronic payment processing company, to a wholly owned subsidiary of WorldPay US
USA Compression Partners in its $187 million acquisition of compression assets from S&R Compression in exchange for common stock units representing 20% of limited partnership interests in the company
University of Texas System in the $300 million formation of the Longhorn Network in collaboration with ESPN, including exclusive rights to televise athletic events and other content, as well as rights to develop and distribute digital content
Magnablend Holdings in the sale of the company, a provider of chemical manufacturing, blending, and packaging solutions to industries including energy/oil and gas services, agriculture, water treatment, construction, and industrial cleaning, to Univar
Lombardi Software in the $178 million sale of the company, a leader in business process management software, to International Business Machines Corporation
NRG Manufacturing in its sale to Ameriforge Group, a forged products subsystems and systems integration manufacturing corporation
Southwest Airlines in its $3.4 billion acquisition of AirTran Holdings
Education
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Articles
Data Center Dealmakers: A New Era of Power and Compute
Vinson & Elkins Partners Creighton Smith and Milam Newby share the story behind a groundbreaking AI infrastructure transaction — and …
June 15, 2026 • V&E+ Ventures
June 15, 2026 • 5-minute read
CLE Events
Choosing Your Corporate Battlefield: Texas vs. Delaware Strategy
Join us in person on January 29, as panelists unpack the governance, fiduciary, and dispute-resolution differences between Texas and Delaware entities—then connect those legal distinctions to current dealmaking trends.
January 29, 2026
January 29, 2026 • 1-minute read
Client Alerts
As we previously discussed and in alignment with the U.S. Treasury Department’s previous announcement, on March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) issued an interim final rule that dramatically narrows the reporting requirements for beneficial ownership information (“BOI”) under the Corporate Transparency Act (“CTA”).
March 27, 2025 • V&E CTA Update
March 27, 2025 • 2-minute read
Client Alerts
On February 27, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced a suspension of enforcement actions related to the Corporate Transparency Act (“CTA”).
March 6, 2025 • V&E CTA Update
March 6, 2025 • 2-minute read
Client Alerts
Corporate Transparency Act: Once Again Enforceable – New Compliance Dates Apply
As we previously discussed, on January 7, 2025, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction delaying the implementation of the Corporate Transparency Act’s (“CTA”) reporting requirements (Smith, et al. v. U.S. Department of the Treasury).
February 21, 2025 • V&E CTA Update
February 21, 2025 • 2-minute read
Awards & Rankings
Vinson & Elkins announced today that it achieved 20 Band 1 rankings in Chambers USA 2026: Nationwide: Energy Transition; Energy: …
June 4, 2026
June 4, 2026 • 3-minute read
Deals & Cases
Vinson & Elkins Represents Fidelis New Energy, LLC in Sale of Monarch Compute Campus to Nscale
Vinson & Elkins represented Fidelis New Energy, LLC in the sale of its portfolio company American Intelligence & Power Corporation …
March 16, 2026
March 16, 2026 • 1-minute read
Awards & Rankings
The Best Lawyers in America (BL Rankings, LLC) has named 125 Vinson & Elkins lawyers in its “Best Lawyers” category in the 2026 edition. Additionally, 76 Vinson & Elkins attorneys have been named in the “Ones to Watch” category, which recognizes lawyers with 5–10 years’ experience. Some individuals are listed in more than one practice area, giving the firm a total of 305 rankings.
August 21, 2025
August 21, 2025 • 3-minute read
Deals & Cases
Vinson & Elkins Advises Securonix on Acquisition of ThreatQuotient
Vinson & Elkins represented Securonix, Inc. (“Securonix”), a portfolio company of Vista Equity Partners, in its acquisition of ThreatQuotient, Inc. (“ThreatQuotient”).
June 11, 2025
June 11, 2025 • 1-minute read
Awards & Rankings
Vinson & Elkins announced today that it achieved 18 Band 1 rankings in Chambers USA 2025: Nationwide: Energy: Oil & Gas (Regulatory & Litigation); Energy: Oil & Gas (Transactional); Energy Transition; Offshore Energy; Projects: Oil & Gas; Projects: Power & Renewables: Transactional New York: Bankruptcy/Restructuring: Highly Regarded Texas: Bankruptcy/Restructuring; Capital Markets: Debt & Equity; Corporate/M&A: The Elite; Environment: Mainly Transactional; Litigation: Securities; Real Estate; Real Estate: Zoning/Land Use; Tax; Technology: Corporate & Commercial Texas: Austin & Surrounds: Corporate/M&A Texas: Dallas, Fort Worth & Surrounds: Employee Benefits & Executive Compensation Of the firm’s 167 individual lawyer rankings, 16 were newly added in 2025. Some lawyers are ranked in more than one category.
June 5, 2025
June 5, 2025 • 3-minute read
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