News Article

CHARLOTTE, N.C.—A Womble Carlyle team represented a medical device manufacturer in a $43 million capital raise and a merger with an Israeli medical device company.

 

The deal involved Georgia-based EndoChoice receiving a $43 million capital investment from Sequoia Capital and existing investors. In addition, the company merged with Israel’s Peer Medical Ltd. Womble Carlyle attorneys Jeff Hay, Matt Homan, Chris Tucker, Howard Solodky, Jackie Camp, Jane Jefferies Jones and James Daniel counseled EndoChoice in the transactions. 

 

EndoChoice develops and markets gastrointestinal medical equipment. One of the keys to the deal is Peer Medical’s development of an endoscope which allows doctors to see with a greater range of vision when performing colonoscopies.

 

The deal continues a pattern of growth for EndoChoice. The company expanded its Alpharetta, Ga. headquarters in 2012, and the company plans to add more than 100 jobs in the next few months. The company offers more than 500 products to more than 2,500 U.S. customers.

 

Jeff Hay has more than 25 years of experience and is based in Womble Carlyle’s Charlotte office where he represents both private equity investors and US and foreign corporate clients. Hay has also served as in-house general counsel and a member of the board of a privately held consumer products company. This combination of legal and business experience has given him an understanding of corporate operational needs that allows him to help clients make informed business decisions.

 

Matt Homan advises clients with respect to mergers and acquisitions, joint ventures, corporate governance and other general corporate matters. Homan has extensive mergers and acquisition experience, representing buyers and sellers of middle-market companies in various industries, including the technology, distribution, healthcare, manufacturing and consulting industries. He practices in Womble Carlyle’s Charlotte office.

 

Chris Tucker practice is focused on mergers and acquisitions, venture capital and private equity finance, recapitalizations and general business law. He also advises clients with respect to corporate governance, commercial contracts and other general corporate matters, including general corporate contracting, regulatory compliance and technology licensing matters. He practices in the firm’s Charlotte office.

 

Howard Solodky has been a tax practitioner since 1977. He has extensive experience in all tax aspects of mergers and acquisitions, commercial and residential real estate transactions, choice of entity and the taxation of pass-through entities. He also has substantial tax controversy and rulings experience at both the federal and state levels and has litigated several cases in the United States Tax Court. He practices in Womble Carlyle’s Washington, D.C. office.

 

Jackie Camp has a diverse international finance practice, completing numerous transactions on behalf of OPIC. She also has more than 20-years experience representing agent banks in syndicated or single-bank financings, representing borrowers in debt financings of all sizes, and representing lenders and borrowers/acquirers/issuers in acquisition financings, mezzanine financings and venture capital financings. Camp practices in Womble Carlyle’s Greensboro, N.C., office.

 

Jane Jefferies Jones focuses her practice primarily on executive compensation and corporate governance matters. In the executive compensation area, Jones has significant experience in assisting both public and private companies with the design and administration of equity-based compensation plans, cash incentive plans, nonqualified deferred compensation plans, director compensation plans, and employment and change in control arrangements. She practices in the firm’s Charlotte office.

 

James Daniel's practice is devoted to advising employers and individuals concerning employee benefit plans and executive compensation. He has 30 years of experience in employee benefits law. Daniel practices in Womble Carlyle’s Charlotte office.