Over the past few years, Lowenstein Sandler's Specialty Finance Group has assisted in over $3.2 billion worth of transactions. See our representative 2011 Deal Sheet, 2010 Deal Sheet and 2009 Deal Sheet for details.

Private investment in public equity (PIPE), special purpose acquisition company (SPAC) and registered direct (RD) financing transactions represent the next evolutionary step in capital raising, offering advantages such as speed and flexibility in structure. Lowenstein Sandler, through our Specialty Finance Group, handles PIPEs, SPACs and RD transactions for a wide array of investment funds, leading national investment banks, as placement agents, and issuers, in a vast range of deals worldwide. According to PIPES Report and PrivateRaise.com, the group consistently ranks among the top 3 most active law firms in the country in representing placement agents and investors. Chambers USA: America’s Leading Lawyers for Business noted, "The group recently demonstrated its depth and breadth with an impressive series of transactions, many using innovative structures such as SPACs, PIPEs, and reverse mergers."

While our practice covers many industries, we are exceedingly active with technology and life science companies, working with those industries' leading players.

Adding value at each stage of a transaction—whether pre-term sheet, at closing, or anywhere in between—our knowledge of the law is only our starting point. Our longstanding interactions with regulators has exposed us to the nuances of transactional structure that can mean the difference between an investment banker winning a mandate—and not, between presenting a range of structural options that suits an issuer—and not. Having sat on all sides of transactions, we understand our adversaries' needs and constraints and have helped define the "market" for deal terms. In transactions, we often act as clearinghouse for deal documents and escrow agent for the funds flow, coordinating the process to give our clients greater control. We bring firmwide resources to our deal work, whether we are serving as escrow agent, evaluating the risks of a litigation matter in due diligence, or analyzing foreign tax issues.

While we strive to provide unmatched legal services, we understand the use of legal services is but one ingredient in our clients' success. Introducing investment banks to investment funds to increase the former’s ‘call list’ and the latter’s deal flow is a value most clients appreciate. Our ongoing dialogues with the SEC, Nasdaq, and Amex allow swift access to problem solutions.