Press Release January 05, 2010

Goodwin Procter Highly Active in the U.S. Pipe Market in 2009

BOSTON, January  5, 2010 – Very active in the PIPE market in 2009, Goodwin Procter was one of only five law firms in the United States highly-ranked in all three categories tracked in the Private Raise 2009 PIPE/Registered Direct Rankings. In this alternative financing market, Goodwin Procter advised on a total of 53 PIPE/RD transactions for an aggregate of over $1.1 billion in deal value in 2009.

With respect to underwriter/placement agent representation, the firm was ranked second in the United States for both number of PIPE/RD transactions completed and the total dollar amount advised upon. In addition, the firm ranked third with respect to number of transactions done in regards to issuer representation and tenth with respect to number of transactions done in regards to investor representation in the United States.

Attorneys in Goodwin Procter’s Securities & Corporate Finance, Technology Companies and Private Equity groups actively represent a variety of issuers, investors, underwriters and placement agents in PIPE transactions and provide ongoing advice to clients as they access the capital markets to expand business, provide owner liquidity and achieve long-term objectives. Industries represented include cleantech, life sciences and technology, among others. 

PrivateRaise and DealFlow Media deliver research and database solutions to investment managers, banks, public corporations, law firms and financial companies worldwide. PIPE League Tables contain rankings for all deal participants active in the marketplace, including issuers, investors, placement agents and law firms.

About Goodwin Procter
Goodwin Procter LLP is one of the nation’s leading law firms with offices in Boston, Hong Kong, London, Los Angeles, New York, San Diego, San Francisco, Silicon Valley, and Washington, D.C. The firm’s core areas of practice are corporate, litigation and real estate, with specialized areas of focus that include financial services, private equity, technology, REITs and real estate capital markets, intellectual property, tax and products liability. Information may be found at www.goodwinprocter.com.