Samuel W. Wales Samuel W. Wales

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Samuel (Sam) W. Wales has a wide-ranging practice representing private equity funds and publicly traded and privately held companies, with an emphasis on mergers, acquisitions, divestitures, recapitalizations, joint ventures and the related financing required to fund such transactions. Read Sam Wales' full bio.

Alternatives to Typical Private Equity Funds: Search Funds and Fundless Sponsors

By and on Nov 20, 2013
Posted In Private Equity, Uncategorized

We are frequently asked about the differences between a traditional private equity fund, a search fund and a fundless sponsor. Many investors are familiar with the traditional private equity model in which a fund raises a pool of committed private capital, which it has a right to call for future acquisitions.  That capital is then...

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Accelerating Back-End Mergers in Public Company Acquisitions

By on Apr 22, 2013
Posted In Mergers & Acquisitions, Securities, Uncategorized

The Corporation Law Section of the Delaware State Bar Association has proposed legislation that will amend the General Corporation Law (DGCL) to allow public companies to opt out of the current requirement to obtain stockholder approval of the back-end merger following a successful tender offer in which the buyer has obtained a majority of the...

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