Spencer H. Newman

Spencer is a seasoned corporate attorney with extensive experience advising businesses and executives on a wide range of complex transactions. With a particular focus on mergers and acquisitions, Spencer has successfully handled M&A deals collectively representing billions in transaction value across industries such as technology, aerospace, defense, construction, manufacturing, transportation, logistics, healthcare, and more.

In addition to his M&A practice, Spencer often serves as trusted general corporate counsel, using a practical approach to guide his clients through critical areas such as contract negotiations, private investment offerings, joint ventures, debt and equity financings, restructurings, intellectual property protection, and entity formation.

Spencer has been named a “Rising Star” in Mergers & Acquisitions by Super Lawyers and has been recognized by Best Lawyers as “One to Watch” in the areas of Mergers & Acquisitions, Corporate Law, and Leveraged Buyouts and Private Equity Law. 

Community & Professional

• Birmingham Bar Association 
• Phoenix Club of Birmingham
• Alumni, Birmingham Project Corporate Leadership

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)