Mintz Levin Advises SpectraSensors, Inc. in Completion of $14 Million C-Round Investment
7/10/2007
Firm Continues to Represent Leading Energy and Clean Technology Companies in M&A, Financings and IPOs
San Diego, CA - July 10, 2007 - Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. announced that it represented SpectraSensors, Inc., a leading manufacturer of optically based gas analyzers and moisture analyzers, in its completion of a $14 million C-round investment. Lead investor Nomura International, one of the world's largest investment banking and securities firms, was joined by SpectraSensors' three earlier investors, American River Ventures, Blueprint Ventures and Nth Power Corporation, as well as new investor Chevron Technology Ventures in the transaction.
The Mintz Levin team was led by Carl A. Kukkonen, III, SpectraSensors' former in-house counsel who is now a Member specializing in intellectual property law in the firm's San Diego office. Jeremy Hayden and Evelyn Lee, attorneys practicing in the Corporate Section of the San Diego office, also played key roles in the transaction.
Since 2006, Mintz Levin's Energy and Clean Technology Practice has completed more than 25 mergers & acquisitions, venture capital financings and public offerings with a combined value of nearly half a billion dollars. A representative list of these transactions includes:
- Represented EnerNoc, Inc., a leading provider of technology-enabled total energy management solutions, in a $100 million IPO.
- Represented a syndicate consisting of General Catalyst Partners, Kleiner Perkins Caufield & Byers, VantagePoint Venture Partners and Atlas Venture Partners in the $30 million Series B financing of Mascoma Corporation, a leader in cellulosic biomass-to-ethanol development and production.
- Represented CoalTek, Inc., a clean coal technology company, in its Series C financing totaling $33 million.
- Represented EnerNOC, Inc. in its acquisition of Celerity Energy Partners.
- Represented New Energy Capital in a $30 million financing by VantagePoint Venture Partners and the California State Teachers' Retirement System.
- Represented FutureFuel Corporation, a special purpose acquisition company ("SPAC"), in its listing on AIM, a market of the London Stock Exchange plc. The transaction was underwritten by CRT Capital LLC.
Mintz Levin is an AmLaw 100 law firm with offices in the US and the UK. The firm has exceptional depth in a broad range of practice areas, but our clients recognize that what sets us apart from other law firms is our industry focus. By truly understanding business drivers and industry trends, we are able to provide our clients with more than just legal advice. We provide legal solutions to our clients' business issues. Since 1933, our lawyers have represented entrepreneurs, emerging growth companies, government agencies, and leaders in primary industries that include Life Sciences/Biotechnology; Technology & Communications; Energy & Clean Technology; Financial Services & Insurance; Healthcare; Real Estate, Hospitality & Construction; and Retail & Consumer Products. Our practical knowledge combined with our industry expertise enables us to provide our clients with enterprise legal advice that gives their business a competitive advantage in the marketplace.
