Always thinks through everything from a reasonable market perspective of what’s fair.
Chambers USA 2018 – 2019

Pillsbury corporate and M&A partner Matt Swartz represents middle-market and technology companies in the government contracting, aerospace and defense, software, media, and technology industries. His clients also include investment funds and family offices.

Matt represents clients in M&A, private equity, growth equity, venture capital and other strategic transactions. He also has substantial experience in public offerings. He serves as primary outside counsel to middle market and growth companies and his practice encompasses clients and transactions around the world. Chambers & Partners notes that Matt is highly regarded by clients, who value his “encyclopedic knowledge” of business law and ability to “see around corners and think about the implications of each and every move in a negotiation.”

Representative Experience

  • Sale of Synaptech to LMI, a portfolio company of Capitol Meridian Partners.
  • Sale by Perpetual Capital of media business including publications POLITICO, Protocol and POLITICO Europe to Axel Springer.
  • Sale of the Crypsis Group to Palo Alto Networks for $265 million.

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  • Represented MC2 Security Fund in its acquisition of Trustwave from Singapore Telecom.
  • Represented OnCore Consulting in its combination with GCOM, a portfolio company of Sagewind Capital.
  • Represented XOR Security in its sale to Agile Defense, a portfolio company of Enlightenment Capital.
  • Sale of Qlarion to GCOM Software, a portfolio company of Sagewind Capital.
  • Sale of Solute to Sigma Defense, a portfolio company of Sagewind Capital.
  • Sale of Blue Air Training to Top Aces, a portfolio company of Clairvest Group.
  • Sale of Soar Technologies, a leading provider of advanced artificial intelligence solutions to Forward Slope Inc.
  • Sale of Blackhawk Aerospace to AVEX, a portfolio company of New State Capital Partners.
  • Sale of Technical and Management Assistance Corporation to ManTech.
  • Represented Parsons in its acquisition of Polaris Alpha.
  • Sale of Numerica’s space tracking business unit to Slingshot Aerospace.
  • Sale of Dependable Global Solutions to IAI, a portfolio company of Arlington Capital.
  • Represented Kutta Technologies, a designer and manufacturer of UAV/UAS controllers and software, in its sale to Sierra Nevada Corporation.
  • Mergers and Acquisitions
    • Sale of Synaptech to LMI, a portfolio company of Capital Meridian Partners.
    • Sale of the Crypsis Group to Palo Alto Networks for $265 million.
    • Sale by Perpetual Capital of media business including publications POLITICO, Protocol and POLITICO Europe to Axel Springer.
    • Represented MC2 Security Fund in its acquisition of Trustwave from Singapore Telecom.
    • Represented Perpetual Capital in its acquisition of In-Shape Solutions.
    • Sale of Qlarion to GCOM Software, a portfolio company of Sagewind Capital.
    • Represented XOR Security in its sale to Agile Defense, a portfolio company of Enlightenment Capital.
    • Sale of Solute to Sigma Defense, a portfolio company of Sagewind Capital.
    • Sale of Blue Air Training to Top Aces, a portfolio company of Clairvest Group.
    • Sale of Joint Research and Development, Inc. (JRAD) to Broadtree Partners.
    • Sale of Blackhawk Aerospace to AVEX, a portfolio company of New State Capital Partners.
    • Represented OANDA Global in its acquisition by CVC Capital Partners.
    • Sale of Technical and Management Assistance Corporation to ManTech.
    • Sale of Numerica’s space tracking business unit to Slingshot Aerospace.
    • Represented Parsons in its acquisition of Polaris Alpha.
    • Sale of Dependable Global Solutions to IAI, a portfolio company of Arlington Capital.
    • Sale of Kutta Technologies, a designer and manufacturer of UAV/UAS controllers and software, to Sierra Nevada Corporation.
    • Represented Culmen International in its acquisition of Vysnova Partners.
    • Sale of MCW to Tailwind Capital and its portfolio company, Diversified.
    • Represented controlling stockholder in sale of Agilex Technologies Inc. to Accenture.
    • Sale of Emergint Technologies Inc. to CACI.
    • Sale of pathology lab business to private equity.
    • Acquisition of PerformTech Inc. by General Physics Corporation.
    • Acquisition of Advanced Performance Consulting Group by ICF Inc. (Nasdaq: ICFI).
    • Counsel to Clairvest in connection with its investment in an aerospace company.
    • Sale of Brimtek to Digital Barriers plc.
    • Represented Dakota Pacific Capital in its acquisition, with management, of Four Hands LLC.
    • Sale of Counterflow to LiveAction.
    • Represented JR Miller Enterprises in its acquisition of Cheyenne Industries and other transactions.
    • Acquisition of Hall of Fame Resorts & Entertainment Company by SPAC Gordon Pointe.
    • Advised nPulse Technologies on its sale to FireEye (Nasdaq: FEYE) for $60 million.
    • Acquisition by Virginia Conservation Legacy Fund of Patriot Coal for $860 million (transaction winner of the Financial Times “Most Innovative Lawyers Award”).
    • Acquisition of Xceed Technologies Inc. by Anite plc.
    • Acquisition of MoPay (Mopay Aktiengesellschaft) by Boku Inc.
    • Acquisition of Capintec by Eczacibasi – Monrol (large Turkish joint venture).
    • Represented Vectrus Inc. in its acquisition of Advantor Systems Corporation from McCarthy Capital.
    • Represented Plainfield Asset Management in in the Senior Subordinated Note financing of RadioFrame Networks.
    • Represented the Knowland Group, a cloud-based SaaS hospitality technology company, in a significant minority investment by private equity fund Serent Capital.
    • Acquisition of certain assets of CommScope by Anite plc.
    • Acquisition of Projector PSA by Lock 8 and affiliated investors.
    • Sale of Industry Dive to private equity fund Fallfurias Capital Partners (FCP).
    • Sale of Security Information Systems to Evercommerce, a portfolio company of Providence Equity and Silver Lake.
    • Sale of Cheyenne Industries to NBG, a portfolio company of Sycamore Capital.
    • Acquisition by Delta F. Corp. of Strategic Business Systems Inc. from Brocade Communications Corp.
    • Acquisition of Strategic Insight by Asset International.
    • Acquisition of the mobile and fixed satellite assets of TDC (TeleDenmark) by UltiSat Inc.
    • Acquisition of McClendon Corporation by L-1 Identity Solutions (NYSE: ID) for $66 Million.
    • Acquisition of NovusCG by IBM (NYSE: IBM).
    • Acquisition of Finetre by Ebix (Nasdaq: EBIX).
    • Acquisition of White House Black Market by Chicos (NYSE: CHS) for $90 million.
    • Acquisition of MDLinx by So-Net M3, a Sony Network Communications Company.
    • Acquisition of RedZone Interactive by Sony Entertainment America.
    • Acquisition of Wondir Inc. by Revolution Health.
  • Growth Equity and Venture Capital Investments
    • Represented scores of companies and investors in minority and control transactions involving venture capital, growth equity capital, and private equity funds as well as family offices.
    • Recent fund-side representations include multiple transactions for Perpetual Capital, MC2/Chertoff, Clairvest Group, Motley Fool Ventures, BroadOak Capital, and JR Miller Enterprises.
    • Represented Edgewater Federal Solutions in growth equity investment by Blue Delta Capital Partners.
    • Represented Culmen International in growth equity investment by Hale Capital.
    • Represented medical device company K2M Inc. in financings by Ferrer Freeman & Company, New Science Ventures, and Beta Advisors.
    • Represented PowerBar Inc. in financing from Hellman & Friedman.
    • Represented Voxant Inc. in multiple rounds of financing from Softbank, Longworth Venture Partners, and Court Square Ventures.
    • Represented Macquarie Infrastructure Company in the acquisition of 50 percent of International Marine Tank Terminals for $250 million.
    • Represented Sigma Partners in financing Internet Security Systems (formerly Nasdaq: ISS, then acquired by IBM after IPO).
    • Represented Partners Group in acquisition of venture capital and private equity fund limited partnership interests from pension funds, endowments and private parties.
  • Securities Offerings
    • In IPO of BroadSoft Inc., served as counsel to underwriters Goldman Sachs & Co., Jeffries & Company, Cowen and Company, and Needham & Company LLC.
    • In follow-on/secondary offering of Broadsoft Inc., served as counsel to underwriters Goldman Sachs & Co., Jeffries & Company, Cowen and Company, and Needham & Company LLC.
    • IPO of Avalon Pharmaceuticals.
    • Sale of Paragon Technology Group to LLR Partners.
    • Acquisition of Systems Development Integration LLC (SDI) by Monument Capital Corporation.
    • Sale of OrangeSoda, Inc. to Deluxe Corporation.
    • Acquisition of K2M Inc. by Welsh, Carson, Anderson & Stowe.
    • IPO of QC Holdings.
    • IPO of SPAC JK Acquisition Corp. (and other SPACs).
    • Secondary offering of Gaylord Entertainment.
    • Commenced IPO of WhiteHouse/BlackMarket 144A Offerings of Broadsoft, Inc., Xilinx, Quantum, Waste Connections.
    • Rights offering of Metro-Goldwyn Mayer.
    • Represented underwriters, 144A Initial Purchasers, and placement agents, including: Bear Stearns & Co., Deutsche Bank Securities, Robertson Stephens, Goldman Sachs, Roth Capital, Ferris Baker Watts, and Legg Mason.
    • Tender offer by SafeNet Inc. for Datakey Inc.
  • Other Matters
    • Primary outside counsel to two major family offices.
    • Served as primary outside counsel to joint venture of Microsoft and Qualcomm.
    • Represented management team of NFL franchise in proposed management buyout.
    • Represented a venture capital fund in transaction-related dispute with another venture capital fund.
    • Assisted family-owned conglomerate with design of equity-like compensation system for managers of acquired businesses.
    • Represented middle-market communications company in complex, multinational contract dispute negotiation with United Nations agency.
    • Merger of Comps.com (Nasdaq: COMPS) with the Co-Star Group (Nasdaq: CSGP).
    • Served as member of acquisition team of Netscape Communications Corp. after its IPO.
    • Represented the American Red Cross in a major software and services agreement.
    • Acquisition of Elderlife Financial by Patriot Capital.

Professional Highlights

  • Recognized by Chambers USA for Corporate/M&A – Virginia (2012 – 2023), The Legal 500 U.S. for M&A: Middle-Market (2017 – 2018) and took a leading role in a 2015 restructuring transaction that won one of M&A Advisor’s “Deal of the Year” awards.
  • Recognized by Best Lawyers (published by BL Rankings LLC), Corporate Law (2021 – 2024).
  • Co-Authored The Corporate, Securities, and M&A Lawyer’s Job: A Survival Guide published by the American Bar Association.

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Education

  • J.D., University of California, Hastings College of the Law, 1995

    B.A., University of California, Berkeley, 1990

Admissions

  • California

    Virginia