N. Todd Leishman’s practice concentrates on corporate and business law with emphasis on representing sellers in sales of privately owned companies to financial and strategic buyers; acquirers in mergers and acquisitions; and companies in debt and equity financing transactions. Mr. Leishman also acts as an outside general legal advisor to emerging and established companies.
Mr. Leishman frequently negotiates and drafts complex commercial contracts such as manufacturing, licensing, lending and distribution agreements. He also advises clients about governance issues in entities, and he often works closely with the firm’s litigation department in connection with corporate-governance lawsuits.
Represented Lignetics, Inc., a portfolio company of Taglich Private Equity, LLC, in acquisition of New England Wood Pellet, LLC, with manufacturing plants in Jaffrey, New Hampshire; Schuyler, New York; Deposit, New York; and Youngsville, Pennsylvania, and related senior syndicated credit financing lead by Texas Capital Bank, subordinated debt financing from Gladstone Capital Corporation, and equity investment from Mill Road Capital (February 2018)
Represented Acushnet Holdings Corp. (NYSE:GOLF), a leader in performance-driven golf products and steward of the Titleist and FootJoy brands, in its acquisition of Links & Kings, a Utah-based company that engaged in the design and handcrafted production of luxury leather golf and lifestyle products (January 2018)
Represented the founder and owner of Executech, a leading managed IT services company providing enterprise-quality IT support to small- and medium-sized clients throughout the Intermountain West, in an investment in Executech by Evergreen Services Group, an affiliate of Alpine Investors VI, LP, a private equity fund managed by Alpine Investors of San Francisco, CA (January 2018)
Represented Garb Athletics, a Utah-based boutique manufacturer of custom-tailored sports uniforms that uses proprietary digital design technology and manufacturing operations in the Philippines, and which was named to Inc. Magazine‘s fastest growing companies list for 2017, in is acquisition by Badger Sportswear, a leading manufacturer of athletic apparel and team uniforms (Nov. 2017)
Represented Lignetics, Inc. in acquisition of the Marth Companies, a Wisconsin-based wood pellet and other wood products manufacturing company, as well as a related transportation and trucking company. Lignetics is the largest residential wood pellet manufacturing company in the U.S. (May 2017)
Represented Associated Food Stores, Inc. in connection with the refinancing of its senior secured credit facility (April 2017)
Represented food manufacturer in sale of business to strategic purchaser.
Represented ZAGG Inc (NASDAQ:ZAGG) in its $100 million+ acquisition of mophie Inc., a manufacturer of premium mobile device accessories, including its category leading juice pack® cell phone battery cases and powerstation® external batteries.
Represented a client engaged in the food manufacturing business in connection with a refinancing of its senior credit facility.
Represented Crest Financial Services in connection with senior credit facility obtained from Comvest Partners and Crystal Financial LLC
Represented Lignetics, Inc. in acquisition of GF Funding LLC f/k/a Geneva Wood Fuels, a Maine-based residential wood pellet manufacturing company
Represented Ace Data Centers, Inc., a Provo-based, state-of-the-art data center and provider of colocation, infrastructure and carrier-neutral connectivity services, and an affiliated entity in the sale of business and real property assets to an affiliate of Endurance International Group (NASDAQ: EIGI) for an aggregate purchase price of $73.3 million
Represented owners of healthcare services provider in connection with equity reorganization and buy-out of joint venture
Represented Lignetics, Inc. in acquisition of Bear Mountain Forest Products, Inc., to form the largest residential wood pellet fuel producer in the U.S.
Represented private equity sponsor, Partnership Capital Growth Investors, in acquisition of The Alaska Club, Inc., a premier health and fitness club business with operations in Anchorage, Juneau and Fairbanks, Alaska, from an affiliate of Lincolnshire Management Inc.
Represented Vivint in its acquisition of Space Monkey, a cutting edge peer-to-peer cloud storage technology company
Represented Taglich Private Equity, LLC, a New York based private equity sponsor in acquisition of Lignetics, Inc., a leading manufacturer of fuel for wood pellet stoves, compressed wood logs and animal bedding
Represented Vivint Solar, Inc. in connection with acquisition of Solmetric, Inc., a developer of photovoltaic installation instruments and software products
Represented strategic acquirer in acquisition of wireless internet services provider
Represented Hosco, Inc. and its affiliates in the sale of a crude oil transportation business to Holly Transportation, LLC, an affiliate of HollyFrontier.
Represented Enray, Inc., a leading manufacturer and marketer of premium organic, gluten-free ancient grain products, including sprouted and non-sprouted grains, pasta, and cookies, which are primarily sold under its flagship brand, truRoots®, in the acquisition of Enray by the J.M. Smucker Company (NYSE:SJM)
Represented McColl Partners LLC in connection with sale of FINRA-registered middle-market investment banking business to Deloitte Corporate Finance, LLC, an affiliate of Deloitte LLP
Utah counsel for 2GIG Technologies, Inc. in sale to Nortek, Inc.
Utah counsel for 2GIG Technologies, Inc. in sale to an affiliate of The Blackstone Group, L.P.
Utah counsel for Vivint Solar in sale to an affiliate of The Blackstone Group, L.P.
Represented Vivint Solar in preferred equity offering
Represented ZAGG, Inc. (Nasdaq: Zagg) in strategic acquisition of iFrogz, and related financing
Represented owners of internet services company in sale of equity to strategic acquirer
Represented owners of provider of outsourced educational services to financial services industry in sale to strategic acquirer
Represented private equity purchaser in acquisition of regional construction services firm
Represented Apollo Light Systems, Inc. in acquisition by Respironics, Inc.
Represented selling shareholders of Crownline Boats, Inc. in private equity sale to Pouschine Cook Capital Management
Represented Covenant Communications, Inc. and Seagull Book & Tape, Inc. in purchase by Deseret Book Company
Represented selling shareholder in sale of Neways International to Golden Gate Capital
Represented BriteSmile, Inc. in sale of assets to Discus Dental, Inc.