Andrew M. Ray

Among other high profile transactions, Andy led the team representing Oculus VR from its initial formation through its $2 billion sale to Facebook, which was named the M&A Advisor M&A Deal of the Year.

Andy writes and speaks frequently on topics that include corporate finance, private equity, technology, M&A, corporate governance, and cross-border deals.

X: @AMRayEsq

• Represented Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust (OBTC) which offers solutions to digital asset investing dedicated to building better investment products that offer secure, transparent, and cost-effective access to digital assets, in an asset purchase agreement with the Bitwise Bitcoin ETF (BITB) and Bitwise Asset Management through which BITB acquired the assets of the OBTC
• Represented LeaseAccelerator, a provider of automated solutions for lease accounting, real estate lease administration, competitive lease sourcing, and lease lifecycle management, and a portfolio company of Insight Partners and GRI Fund, in its sale to insightsoftware
• Represented Applications Technology LLC (AppTek), a technology provider in the artificial intelligence and machine learning space, in its strategic partnership with Deluxe Media Inc.
• Represented the Transgender Legal Defense and Education Fund, Inc., a non-profit corporation organized in New York, in connection with its merger with the National Center for Transgender Equality, a non-profit corporation organized in Washington, DC
• Represented Waterfall Asset Management and its affiliates in connection with their acquisition of CIT Group’s $2 billion small business lending platform
• Represented Oculus VR in its definitive agreement to be acquired by Facebook for approximately $2 billion
• Represented Platinum Equity in connection with its acquisition of Securus Technologies for $2 billion
• Represented PAE Incorporated in its $1.9 billion sale to Amentum Government Services Holdings LLC
• Represented Cogeco Communications, Inc. and Atlantic Broadband in the $1.1 billion acquisition of the Ohio cable systems of WideOpenWest, Inc.
• Represented Atlantic Broadband, a subsidiary of Cogeco Communications Inc., in its $1.125 billion acquisition of WideOpenWest Inc.'s (WOW) broadband systems in Ohio
• Represented co-developer in a $1 billion financing to build the largest new power plant in New York City in 25 years 
• Represented Southern Light in its $700 million sale to Uniti Group 
• Represented Fibertech Networks, a Nautic Partners and Ridgemont Equity Partners portfolio company, in its $500 million sale to Court Square Capital 
• Represented PAE, Inc., in its $200 million acquisition of government contractor Centra Technology, Inc. 
• Represented Smart Wires Inc. in a series of related transactions including a private placement of ordinary shares of Smart Wires Technology Ltd, a newly formed British Virgin Islands parent holding company (SWT), for aggregate proceeds of approximately $150 million, and the subsequent direct listing of Swedish depository receipts representing SWT ordinary shares on the NASDAQ First North Growth Market Exchange in Sweden
• Represented Hawaiian Telcom in its $50 million acquisition of the inter-island submarine and middle-mile terrestrial fiber infrastructure assets owned by the bankruptcy estate of the Paniolo Cable Company
• PLEZi Nutrition, a company selling food and drinks intended to be healthier for children, in its formation, financing, and governance matters, as well as ongoing commercialization and FDA regulatory work
• ImOn Communications, LLC, a fiber-to-the-premises broadband company, in its sale to the infrastructure investing business within Goldman Sachs Asset Management
• Represented IQ Fiber LLC in its sale of a majority interest to SDC Capital Partners
• Represented Grain Management LLC in its acquisition of Young’s Communications LLC
• Represented Upskill in its sale to TeamViewer
• Represented EMG International LLC in the equity investment by TransAlta Renewables Inc.
• Represented TalkToMira Inc. in its series seed financing round from Flybridge Capital Partners, Newark Venture Partners, City Light Capital, Plug and Play Ventures, Precursor Ventures, and individual investors
• Represented QxBranch in its sale to Rigetti Computing
• Represented International Code Council in its purchase of all of the assets of NTA Inc.
• Represented E. Ritter and Company in its sale of a majority stake in Ritter Communications to Grain Management
• Represented Link Labs Inc. in the sale of its Iota Link to Iota Communications Inc.
• Represented Atlantic Broadband in its acquisition of Thames Valley Communications
• Represented Diamond V Mills in its sale to Cargill
• Represented RPP Corp in its sale to Emerson Electric
• Represented Young's Communications, LLC, a subsidiary of Grain Management, LLC, in its acquisition of Fiber Optic Services, a provider of technical services to the telecommunications industry
• Represented Young Communications, LLC, a portfolio company Grain Management, LLC, in its acquisition of Atlantic Engineering Group, a high-growth construction services provider to the telecommunications industry
• Represented Grain Management in its acquisition of LightRiver’s Technologies & Software entities, comprising a premier optical network integration solution provider to the telecommunications, utilities, datacenter and cloud industries
• Represented ImOn Communications, LLC, a fiber-to-the-premises broadband company, in its sale to the infrastructure investing business within Goldman Sachs Asset Management
• Represented PLEZi Nutrition, a company selling food and drinks intended to be healthier for children, in its formation, financing and governance matters, as well as ongoing commercialization and FDA regulatory work

Representative Clients

• 3i Infrastructure
• Atlantic Broadband
• Exploding Kittens
• Cogeco Communications, Inc. (XTSE:  CGO)
• College Ave Student Loans
• The George Washington University
• Grain Management
• Hawaiian Telecom
• Icon Infrastructure Funds
• The International Code Council
• Internet Society
• Juggernaut Capital Partners
• PAE, Inc. (NASDAQ:  PAE)
• Petros Pharmaceuticals, Inc. (NASDAQ:  PTPI)
• Smart Wires
• TalktoMira
• Zoa Energy, LLC