Nutter Represents Copley Equity Partners in its Investment into Aethon Aerial Solutions and Flight EvolvedPrint PDF
Nutter served as legal counsel to Copley Equity Partners, a Boston-based private investment firm, in its investment to recapitalize, and facilitate the merger of, Aethon Aerial Solutions and Flight Evolved. The combination of Aethon and Flight Evolved creates one of the most technologically advanced aerial inspection companies dedicated to asset management for utilities in North America. The Nutter deal team was led by Shannon Zollo, chair of Nutter’s Mergers and Acquisitions practice group, and Jonathan Calla, a partner in the Corporate and Transactions Department, and included Meghan Kelly and Kate Henry on corporate matters; Michael Mooney, Chris McLoon, Erin Whitney, and Laura Marsell on tax matters; Emily Fox on labor and employment issues; and Pat Concannon on intellectual property matters.
As leading providers of these services to multiple U.S. and international utilities, Aethon Aerial Solutions and Flight Evolved have collectively inspected over 200,000 utility structures year-to-date in 2020. By combining Aethon Aerial Solutions’ progressive approach to helicopter-based aerial inspections and mapping with Flight Evolved’s innovative UAV solutions and software development, the combined company will now address the full spectrum of a utility company’s needs for asset inspection and management. Please click for more information about the transaction.
Copley Equity Partners is a private investment firm with offices in Boston and Denver. Copley partners with established lower middle-market businesses with significant growth prospects. The firm makes investments into private companies operating across a broad range of sectors. Copley invests out of an evergreen, single-family office, capital base and is comfortable in both majority and minority ownership positions. Copley’s patient and flexible capital base allows the firm to maintain a limited portfolio of companies and provide each portfolio company with significant support post-investment.
Nutter’s Corporate and Transactions Department represents domestic and international corporations, publicly traded and privately-held companies, private equity firms, nonprofit institutions, and family-owned businesses in a wide variety of domestic and cross-border transactions. The firm’s attorneys advise on significant transactions in every major industry sector, including manufacturing, high technology, life sciences, banking, professional services, real estate, energy, medical devices, and health care. Nutter’s corporate law practice handles the full range of M&A and private equity transactions, including representing buyers and sellers in auctions and bid processes, mergers, asset sales, stock purchases, leveraged buyouts, roll-ups, joint ventures, PIPEs, going private transactions, exchanges of securities, friendly and hostile tender offers, proxy contests, and acquisitions.
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates practices are national in scope. The firm was co-founded in 1879 by former U.S. Supreme Court Justice Louis D. Brandeis, before his appointment to the Court. For more information, please visit www.nutter.com and follow the firm on LinkedIn.