Lee and Stone LLP

Lee&Stone representing trio of start-ups in launch and financing phase

New York, Dallas – October 2013 – Lee&Stone is working on three separate matters involving start up growth companies spearheaded by seasoned entrepreneurs as the companies prepare for financing rounds and/or commercial launch.  The firm was selected because the firm’s partners had worked with the respective entrepreneurs on their prior companies, as well as the firm’s perspective and experience in handling sophisticated transactional, financing and business planning issues in the launch phases and its relationships in the investment community.  Lee&Stone’s practice of working with select, highly promising start ups and their principals serves as a nice complement to its dedicated practice working with investment advisers, including venture capital.

Lee&Stone engaged for a trio of mid-market M&A transactions

Fort Worth, Dallas –September/October 2013 – In an optimistic sign for the market, Lee & Stone is representing parties in three distinct M&A engagements.  The transactions each involve family owned lower middle market businesses; two are on the buy side and one is on the sell side.   The engagements underscore Lee & Stone’s strong transactional expertise and its role as trusted adviser to prominent local DFW families.  In one case, Lee & Stone was selected because it serves as an effective alternative to larger full service firms considered for the deal, as the client was focused on the firm’s tactical orientation as well as cost and responsiveness.

Lee & Stone negotiates exit on behalf of innovative client

San Francisco – September 2013 – Lee & Stone negotiated an exit for investors in a client company, which had developed an innovative transactional technology platform for private investment opportunities.   In this particular case, Lee & Stone also held an equity interest in the company, which was welcomed by the client.  Lee & Stone worked closely with the principals to negotiate the exit arrangement, which provides for ongoing economics from transactions occurring on the platform as well as a continuing interest in the acquiring company.   In certain instances and subject to applicable and effective conflict waivers, Lee & Stone may participate in client opportunities.

Lee & Stone retained again for systematic regulatory compliance oversight

Dallas – September 2013 – Illustrating increasing demand for “strategic” compliance support, Lee & Stone has been engaged by another seasoned manager to provide compliance oversight and management.  The Lee & Stone compliance offering includes systematic legal and compliance support to address an imbalance between the cost of hiring dedicated in house resources and the requirement for registered managers to have a robust and effective compliance program.  Lee & Stone’s ability to provide a solution that balances cost with experience, perspective and contacts resonates with a number of managers in the marketplace. 

Lee & Stone represents manager focused on oilfield service related investment opportunities

Dallas – August 2013 – Lee & Stone was engaged by seasoned professionals on the structuring and launch of a private investment vehicle focused on capitalizing on fracking related opportunities, including salt water recycling and disposal technologies.  The anticipated investment product brings together various core Lee & Stone strengths, including fund formation, securities and regulatory matters.  The work required proficiency with the sector and strategy, as well as responsiveness.  As noted by the firm before, the engagement is another illustration of managers approaching Lee & Stone to assist in structuring funds to address particular investor audiences or exploit specific market opportunities.

Lee & Stone representing accomplished manager on fund launch

Louisiana – August 2013 – Lee & Stone is representing a highly experienced manager on the launch of a new investment fund.  Lee & Stone’s boutique practice and the hands on approach of its partners compared favorably with larger firms, who were also evaluated for the assignment.   In addition to fund formation work, Lee & Stone’s work involves structuring and drafted a sophisticated arrangement between the investment principals themselves in which one principal is contributing launch capital for the manager.

Lee & Stone representing additional activist investors

Dallas – August 2013 – In separate engagements, Lee & Stone is representing professional activist investors challenging the strategies of companies in which the clients hold material investments.  Lee & Stone’s principals themselves come out of strong activist backgrounds, having served as general counsels to managers with a strong activist bent, and the firm welcomes the opportunity to represent managers utilizing activist tools to challenge the status quo.  Lee & Stone was selected because of the firm’s experience, along with its responsiveness and tactical orientation.  In each engagement, the investors are 13D filers with histories with the respective companies.