Jacksonville News

Photo by Member Mark Krancer, Kram Kran Photo

Photo by Member Mark Krancer, Kram Kran Photo

ARTICLE

Date ArticleType
2/22/2024 5:00:00 AM Member News

Smith Hulsey & Busey Closes $587M in M&A Deals, Financings in 2023

JACKSONVILLE, Fla. (February 21, 2024) — Smith Hulsey & Busey’s mergers & acquisitions practice group concluded a successful year in 2023, closing transactions totaling $587 million in value. The firm represented buyers, sellers and investors in 32 mergers, acquisitions, divestitures and investments and eight financings across a range of industries.

 

The firm’s Mergers & Acquisitions team includes Steve Moore, Dick Lewis, David Dunn, Angela Cottrell, David Roberts, Max Potter, Samantha Roy and Catherine Gleason. Many of SHB's M&A attorneys have been recognized with prominent industry accolades, including Best Lawyers®, Chambers, Super Lawyers and Rising Stars.

 

Last year, SHB handled transactions ranging from approximately $175,000 to $135 million on behalf of 28 clients. These transactions, many of them confidential, involved companies in the automotive, education, finance, technology, health care, insurance, manufacturing, and real estate industries, among others.

 

“We are honored to represent many dynamic clients who trust our team with their most important transactions. We have intentionally invested in strengthing our M&A practice team over the years, which has allowed us to manage a significant deal volume. We look forward to another year of helping our clients achieve outstanding results,” said Steve Moore, the firm's Mergers & Acquisitions practice leader.

 

The firm closed a record $1.5 billion in M&A deals in 2021 and another $900 million in 2022. While 2023 was a slower year for M&A activity nationwide, deals are expected to pick up throughout 2024, according to a recent S&P Global Market Intelligence report. The SHB team is prepared to meet this increased demand in 2024.

 

SHB's Mergers & Acquisitions team has decades of experience handling complex transactions, including joint ventures, private equity and venture capital investments, financings and strategic alliances. The firm has represented clients in numerous cross-border transactions, including acquisitions and investments in the United Kingdom, Europe, India, Canada and Mexico.

 

About Smith Hulsey & Busey

Smith Hulsey & Busey is an independent, full-service business law firm based in Jacksonville, Florida. The firm has more than 35 attorneys with a broad commercial practice that includes four marquee practice areas: mergers and acquisitions, bankruptcy, complex commercial litigation and healthcare. For more information, visit smithhulsey.com and connect with the firm on LinkedIn and Facebook.

 

# # #