Lawyer Bio : David P. Broughton
David P. Broughton
Winston-Salem
David Broughton is a member of the Firm’s Corporate and Securities Group, and he also serves on the Firm’s Health Care Transaction Team.
Mr. Broughton has significant experience assisting health care providers and other businesses with mergers and acquisitions and corporate finance transactions and is a leader of Womble Carlyle’s multidisciplinary approach to serving continuing care retirement community (CCRC) providers by providing a broad range of legal services in the areas of corporate and board governance, regulatory compliance, resident issues, capital markets transactions and general commercial contracts. Womble Carlyle represents approximately 20% of the CCRCs in North Carolina and many others in its geographic footprint.
Mr. Broughton is the North Carolina representative to the Legal Committee of LeadingAge, a national association of thousands of non-profit organizations and businesses that provide CCRCs, home health, hospice, community services, senior housing, assisted living residences, nursing homes and technology solutions to seniors, children and others with special needs.
Mr. Broughton worked as an investment banker for a boutique investment banking firm that focused on mergers and acquisitions and capital raises for health care companies.
Representative transactions:
- Corporate counsel to a CCRC in its $102 million tax-exempt and taxable financing for a Phase II expansion.
- Corporate counsel to a CCRC in a $95 million dollar syndicated bank debt facility and subsequent $44 million refinancing.
- Bank counsel in a construction-to-permanent loan transaction for a renovation and expansion of a CCRC.
- Divestiture of a division of a public company in the food manufacturing and distribution business.
- Sale of the automotive battery division and industrial battery division of a privately-held, family-owned battery company.
- Multiple acquisitions of home health and durable medical equipment companies by a leading home health/durable medical equipment provider.
- Recapitalization and partial sale of a family-owned printing business.
- Tax-exempt and taxable financings.
- Acquisition of a textile manufacturer.
- Multiple acquisitions of physician practices by hospitals.
- Divestiture of a home health division by a hospital.
Contact
- (336) 747-6610
- (336) 726-9010
Professional Activities
- Admitted to bar 1997, North Carolina
- Bar Associations: American Bar Association (Business Law Section); and North Carolina Bar Association (Business Law Section)
- Member of the American Health Lawyers Association
Civic Activities
- University of North Carolina at Chapel Hill: Past Member, Board of Visitors, and co-chaired National Student Recruitment Committee. Served on other committees in support of UNC-CH.
- Wake Forest University Family Business Center: Member, Board of Advisors; serve as Womble Carlyle’s liaison to the Family Business Center.
- St. Paul’s Episcopal Church: Chair, Long-Range Vision Committee; Past Senior Warden, Junior Warden and Vestry Member; Recipient of St. Paul’s Cross award, given for outstanding leadership to the church; chaired or co-chaired numerous church committees; Usher; Lector; and former Sunday School Teacher.
- Episcopal Diocese of North Carolina: Member, Bishop Suffragan Transition Committee and Member, The Fair Share Appeals Board.
- The Rotary Club of Winston-Salem: Member, Past Chair, Bulletin Committee; Past Member, Program Committee.
- Woodberry Forest School: Amici Fund Class Representative.
- Summit School: Past Co-Chair, 2008-2009 and 2009-2010 Parents’ Annual Fund.
Education
B.A., Economics/English, University of North Carolina at Chapel Hill, 1990; J.D., University of North Carolina School of Law, 1997, Co-Founder and Co-Editor in Chief, University of North Carolina School of Law Banking Institute; International Summer Program, London School of Economics, Summer 1989; Woodberry Forest School, 1986.
Areas of Proficiency
- CCRC Law
- Health Care
- Mergers and Acquisitions
- Corporate Finance