Spencer H. Newman

Below is a representative sampling of M&A transactions in which Spencer has played an integral role:

Technology, Aerospace, and Defense:

• Represented Innovation Integration, Inc. (“i3”) in the sale of its hypersonics portfolio to Lockheed Martin (NYSE: LMT).
• Represented Astrape Consulting in the sale of its business to PowerGEM, a portfolio company of TA Associates.
• Represented Global K9 Protection Group, LLC, a leading cargo screening solutions provider, in its sale to Inoa Ventures Management.
• Represented an Alabama-based engineering services company in its strategic acquisition of an engineering support company.
• Represented Manufacturing Technical Solutions, Inc., a NASA engineering and logistics contractor, in its sale to Aeyon, a portfolio company of Enlightenment Capital.
• Represented Sigma Defense Systems, a provider of airborne intelligence, surveillance, and reconnaissance, in its sale to Sagewind Capital.
• Represented Dynamic Concepts, Inc., a provider of human spaceflight engineering and software services, in its sale to a portfolio company of Sagewind Capital.
• Represented QuantiTech, a provider of technical engineering services to national defense agencies, in its sale to a portfolio company of Sagewind Capital.
• Represented Cole Engineering Services, Inc., a military training and analysis service provider, in its merger with a portfolio company of Sagewind Capital.
• Represented AEgis Technologies Group, a provider of space superiority, directed energy, missile defense, and intelligence solutions, in its sale to Arlington Capital Partners.
• Represented Diamond Fortress Technologies in its sale to Telos Corporation (NASDAQ: TLS).

Construction and Infrastructure:

• Represented Wiregrass Construction Company, a subsidiary of Construction Partners, Inc. (NASDAQ: ROAD), in its acquisition of SJ&L General Contractor.
• Represented Wiregrass Construction Company, a subsidiary of Construction Partners, Inc. (NASDAQ: ROAD), in its acquisition of John G. Walton Construction.
• Represented Wiregrass Construction Company, a subsidiary of Construction Partners, Inc. (NASDAQ: ROAD), in its acquisition of Mobile Asphalt Company, L.L.C.
• Represented an Alabama-based construction business in the sale of a majority interest to a construction investment firm.
• Represented Lakeshore Environmental Contractors in its sale to Quality Environmental Services.
• Represented CastleRock Communities, a Texas-based subsidiary of Daiwa House, in its acquisition of the homebuilding operations of The Jones Company.
• Represented 68 Ventures in the sale of its portfolio company, Truland Homes, to D.R. Horton, Inc. (NYSE: DHI).
• Represented individual investors in the acquisition of an Alabama-based glass installation and services company.
• Represented a private equity group in the sale of a majority interest of its portfolio company in the telecommunications space.
• Represented a broadband provider in the acquisition of fiber network assets from an Alabama municipality.

Manufacturing and Supply:

• Represented General Machinery Company, Inc., an Alabama-based industrial supplier, in the sale of its business to Motion Control Enterprises, a portfolio company of Frontenac.
• Represented North River Group, an Alabama-based private equity group, in the sale of its portfolio company, Supreme Paper Supplies, to Imperial Dade.
• Represented individual investors in the acquisition of a Mississippi-based furniture manufacturing company and related real estate.
• Represented Douglas Manufacturing, an Alabama-based manufacturer, in the sale of its business to Rulmeca Corporation, a leading Italian manufacturing company.
• Represented IER Electrical Equipment & Controls, a Texas-based electrical manufacturer, in its sale to Chicago Switchboard.
• Represented Floors 2000, Inc., a Florida-based designer and supplier of tile flooring, in its sale to a portfolio company of Dunes Point Capital.
• Represented Wittichen Supply Company, a national HVAC parts supplier, in its sale to Gryphon Investors.
• Represented individual investors in the acquisition of a Texas-based fabricating business.

Transportation, Logistics, and Warehousing:

• Represented Dothan Warehouse in the sale of its frozen storage warehousing business to Vertical Cold Storage, a portfolio company of Platform Ventures.
• Represented Action Resources in the sale of its subsidiary, Action Dedicated, to P&S Transportation.
• Represented an Alabama-based oil products and services business in the purchase and sale of various divisions.
• Represented a Missouri-based trucking and warehousing business in the sale of its stock and related real estate.
• Represented Southern Traffic Services, a Florida-based traffic data and analysis company, in its sale to Rekor Systems (NASDAQ: REKR).

Other Industries:

• Represented Trackhouse Racing in its acquisition of Chip Ganassi Racing and its related NASCAR assets.
• Represented PPM Partners, a medical revenue cycle management company, in its sale to Knack RCM.
• Represented a concert production company in its sale to a portfolio company of Waterland Private Equity.
• Represented a concert production company in the acquisition of a ticketing software company.
• Represented an Alabama-based short-term lending enterprise in the sale of over 200 retail store locations.
• Represented an Alabama-based automobile dealer in the sale of its dealerships and related assets.

Recognition

• Listed in Best Lawyers, "Ones to Watch" for Corporate Law (2023–Present), Leveraged Buyouts and Private Equity Law, Mergers & Acquisitions (2024–Present)
• Mid-South Super Lawyers Rising Star, Mergers & Acquisitions (2024)