Nutter Represents McCarthy Capital in Investment in Big Belly SolarPrint PDF
Nutter served as legal counsel to McCarthy Capital Fund VI in connection with its partnership with Big Belly Solar, the global leader in smart waste solutions for public spaces, to recapitalize Bigbelly and provide further cash investment to accelerate growth. The Nutter deal team was led by Shannon Zollo, a partner in Nutter’s Corporate and Transactions Department and chair of the firm’s Mergers and Acquisitions practice group, and Jonathan Calla, a partner in the Corporate and Transactions Department, and included Josh Gray, Kelly Dutremble, Kate Henry, and David Rubin.
Bigbelly pioneered the smart waste industry over 10 years ago and currently has over 60,000 solar-powered and remotely managed units deployed in cities, parks, universities, airports, and retail outlets in over 50 countries. The investment will support Bigbelly’s plans to expand its penetration of existing markets, including through its platform as a service subscription offering, while also developing exciting new market opportunities in both the public and private sectors. In addition, the investment will support new product development, including expanding the system into a hosting platform for wireless communications technologies, including 4G LTE and the rapidly growing 5G infrastructure. Please click for more information about the transaction.
McCarthy Capital, a private equity firm headquartered in Omaha, NE, manages more than $1 billion of investment capital across its portfolio of companies and specializes in growing businesses in partnership with management teams.
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.