Issuers, sellers and underwriters turn to King & Spalding for representation in public and private offerings of equity securities. The practice has a strong sector focus spanning energy, financial institutions, life sciences and healthcare, real estate, and telecommunications. The capital markets group is co-led by Keith Townsend, Elizabeth Morgan and Cal Smith. Atlanta-based Townsend and Smith both focus on capital markets transactions and corporate governance matters, while New York-based Morgan is particularly noted for her expertise in disclosure and reporting issues. Allison Bell joined the firm in May 2025 from Kirkland & Ellis LLP, further strengthening the capabilities of the team.
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Key clients

  • Aveanna Healthcare
  • Satellogic Inc
  • Curbline Properties Corp
  • Cantor Fitzgerald & Co
  • HeartFlow, Inc
  • Evolent Health, Inc
  • HCM III Acquisition Corp
  • HCM II Acquisition Corp
  • USA Rare Earth, LLC
  • Wingstop Inc
  • Cousins Properties, Inc
  • Magnera Corporation

Work highlights

Advised HeartFlow, Inc on its initial public offering.
Advised Cousins Properties, Inc on multiple offerings of common stock.
Advised Satellogic. Inc on a suite of strategic transactions totalling over $80 million.
Practice head

Keith Townsend; Elizabeth Morgan; Cal Smith

Other key lawyers

Allison Bell