Troutman Pepper Locke LLP advises private equity firms buying and selling portfolio companies, and representing management teams in companies trying to secure equity backing from private equity sponsors. The newly formed team is led by Paul Mahoney, who is based out of Providence and advises clients of middle and lower-middle-market private equity funds, and Atlanta-based David Ghegan. Philadelphia’s Bruce Fenton‘s clients include fund sponsors, and strategic buyers, and their portfolio companies, while Wilmington-based Matthew Greenberg brings experience in corporate carve-out and distressed transactions. They are joined by Alec Watson, based in Charlotte; Michael Newquist, based in Providence; and Greg Heath.
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Key clients

  • Full Spectrum Franchise Consulting, Inc.
  • Innovative Discovery Holdings, LLC
  • Valcourt Building Services
  • RFE Investment Partners
  • Del Monte Capital
  • Aspen Energy Partners
  • zdSCADA
  • Gordon Brothers Group
  • Susquehanna Growth Equity, LLC
  • Nautic Partners
  • Main Street Capital Corporation
  • Audax Management Company, LLC

Work highlights

Represented Innovative Driven and a portfolio company of Silver Oak Services Partners in its acquisition of DLS Discovery, a Delaware-based litigation support provider.
Represented The Valcourt Group (“Valcourt”), a portfolio company of Littlejohn & Co., in its acquisition of Restocon, LLC, a Florida limited liability company (“Restocon”), via the purchase of all outstanding equity of Restocon.
Represented Del Monte Capital (DMC), a private equity firm, in its majority recapitalization of the Cornerstone companies: Cornerstone Excavating, formerly WDBS Cornerstone, and Cornerstone On-Site Concrete, formerly Cornerstone OnTime Concrete.
Practice head

Paul Mahoney; David Ghegan

Other key lawyers

Bruce Fenton; Matthew Greenberg; Alec Watson; Michael Newquist; Greg Heath