Mintz provided legal counsel to Big Belly Solar (Bigbelly), the global leader in smart waste solutions for public spaces, in connection with its recently announced partnership with private equity firm McCarthy Capital to recapitalize the company and provide investment to accelerate growth.
Over the past 10 years, Needham, Massachusetts-based Bigbelly has revolutionized waste management and disposal through the use of its patented systems, logistics software and innovative subscription service business model. It currently has over 60,000 solar-powered and remotely managed units deployed in cities, parks, universities, airports, and retail outlets in over 50 countries.
The investment from McCarthy Capital will support Bigbelly’s plans to expand its penetration of existing markets, including through its platform as a service subscription offering, while also developing exciting new market opportunities in both the public and private sectors. In addition, the investment will support new product development including expanding the system into a hosting platform for wireless communications technologies, including 4G LTE and the rapidly growing 5G infrastructure.
This is the latest in a string of high-profile representations led by Mintz’s Energy & Sustainability Practice. Mintz was one of the first law firms to develop a practice focused on energy and sustainability innovation, and has been the leading law firm of the industry since the earliest days of this technology revolution. The firm has developed one of the largest energy and sustainability practices in the nation by anticipating and responding to clients' needs across practice areas and sectors.
The Mintz team that advised Bigbelly was led by Mintz Member and Chair of the firm’s Energy & Sustainability Practice Tom Burton and Member Marc Mantell, and included Members Scott Pinarchick, Dinesh Melwani, Jessica Catlow and Meryl Epstein, Of Counsel Patricia Moran and Geoffrey Smith, and Associates Paula Valencia-Galbraith, Mark Higgins, Garrett Galvin, Alexander Song, Marguerite McConihe and Matthew Gautier.