PlacementTracker recently listed Goodwin Procter as the most active placement agent counsel by value for PIPE transactions in 2014, and the number two ranked firm by transaction count. Goodwin advised on 30 transactions for a combined value of more than $950 million. View the full rankings. In 2013, Goodwin was ranked as the number two placement agent counsel by PlacementTracker with 33 transactions totaling $1.025 billion.
PIPE (private investment in public equity) transactions provide small and mid-sized public companies with a lower-cost and more efficient means of raising capital, when compared to more traditional forms of equity financing such as secondary offerings.
Attorneys in Goodwin Procter’s Capital Markets, Technology Companies and Private Equity practices 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 business objectives.
PlacementTracker, a flagship product of Sagient Research Systems, provides research and database solutions to investment managers, banks, public corporations, law firms and financial companies worldwide. The League Tables contain rankings for all deal participants active in the marketplace.