Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. announced that it advised Canaccord Adams, an independent financial services firm, in its closing of a $115 million follow-on public offering of the stock, Telvent GIT, S.A. (NASDAQ: TLVT), a global IT solutions and business information services provider. This transaction comes on the heels of a $60 million deal Mintz Levin completed in June for Canaccord Adams involving the same issuer.
Canaccord Adams is a leading independent financial services firm with a breadth of expertise in the energy efficiency and infrastructure sector. Its sustainability team has completed more than 130 transactions with an aggregate value of over $5.5 billion and has provided financing and financial advisory services for over a decade to its sustainability clients. Telvent, Inc. is a global IT solutions and business information services provider. It helps to improve the efficiency, safety and security of the world's leading companies through its innovative information technologies to critical infrastructure markets including energy, transportation, environmental and agriculture.
Representing Canaccord Adams in the transaction were Thomas Burton, member and chair of the firm's Energy and Clean Technology Practice Group, Brian Keane, a member in the firm's Corporate Practice, and corporate associates Wendy Silverman and John Condon.
Mintz Levin's energy and clean tech attorneys have closed over 110 transactions in the energy sector since January 2006, including more than 35 in 2008 alone and 25 in 2009 to date. These include venture capital transactions (representing companies and investors), initial public offerings and follow-on offerings, private placements, M&A deals, and technology licensing and joint venture transactions, totaling more than $2 billion in transaction value. With over 175 energy and clean tech clients, the group provides comprehensive advice to mature companies and innovative pioneers.