Represented Reshape Medical, Inc. with securing an $11 million bridge loan and a new bank line of credit.
Stradling client First Foundation Inc. completed the merger transaction of Pacific Rim Bank with and into First Foundation Bank, a wholly owned subsidiary of First Foundation Inc. Pacific Rim Bank will assume the First Foundation Bank name.
Majority recapitalization for American Advisors Group (AAG) with Friedman Fleischer & Lowe (FFL).
Senior secured credit facility for Maui Land & Pineapple Company, Inc. with Wells Fargo Bank – $90 million.
Represented Iteris, Inc. (NYSE: ITI) in the $14 million sale of its vehicle sensor business to Bendix Commercial Vehicle Systems, LLC.
Represented Roth Capital Partners in its underwriting of the initial public offering of Oculus Innovative Sciences, Inc.
Recapitalization and preferred stock financings for Choicestream, Inc, a programmatic digital advertising company.
Represented The Goldman Sachs Group, Inc. in its entry into a stockholders agreement in connection with an investment in Prosight Specialty Insurance.
Assisted Snapware Corporation in its $30 million credit facility.
Convertible debt repurchase for Maui Land & Pineapple Company, Inc. (NYSE: MLP) – $36 million.