Scott Seger is an associate in the Corporate Practice Group. Scott has lived internationally and previously advised startups and their founders on issues of corporate and personal cross-border taxation while working in the Tel Aviv offices of major U.S. accounting and tax consultancy firms. Prior to law school Scott worked on the fixed income trading desk of a Boston investment firm.
Representative Matters
Banyan—Acquisition by Bilt Rewards
Represented Banyan, the industry-leading platform for item-level receipt data on its acquisition by Bilt Rewards, the leading payments and commerce platform transforming the $2.1 trillion housing payments market. This transaction was a strategic acquisition for Bilt as Banyan’s technology will significantly expand its ability to create innovative, frictionless experiences that drive neighborhood commerce and deliver unprecedented value to both residents and local merchants, and accelerate the development of groundbreaking commerce experiences that make everyday neighborhood spending more rewarding.
Wind Point Partners—Carve out
Served as transportation and logistics counsel to Wind Point Partners, a Chicago-based private equity firm, in its corporate carve out of Velocity Rail Solutions, a leading provider of mission-critical locomotive services to the rail industry.
Investment advisor—Venture capital funds
Represented a registered investment advisor in the formation of, and investment by, its side-by-side venture capital funds in a Series C Preferred Stock investment into a green solution for steel production.
Engineering company—Purchase
Represented a UK company in the power generation/gas turbine industry on its purchase of 100% of the equity interests of a certified distributor of industrial gas turbines in the Americas. This effort involved setting up a US subsidiary corporation for our client, obtaining approval for the transaction from both the Committee on Foreign Investment in the United States (CFIUS) and the Directorate of Defense Trade Controls within the US Department of State (DDTC), and resolving certain environmental issues at the target’s headquarters prior to acquisition. Our client has indicated they intend to expand their domestic operations and pursue additional opportunities in the US.
Fintech company—Financing
Represented a fintech company in its $15 million SAFE financing.
Venture Studio Concept—“Spin-out”
Counseled our venture studio client in connection with the formation of the venture studio model and ultimate “spin-out” and commercialization of a new business concept focused on the development of a recycling process optimization software.
STG Logistics—Acquisition
Represented STG Logistics as transportation and logistics counsel in its $711 million acquisition of the Intermodal Division of XPO Logistics.
A&R Logistics—Transportation and logistics advice
Represented A&R Logistics, Inc., one of North America’s leading providers of bulk products supply chain services as transportation counsel in its acquisition of RJ’s Transportation, a provider of bulk liquid transportation and other logistics services to the chemical industry. Following A&R’s acquisitions of First Choice Logistics in February 2020, L.T. Harnett in August 2020, and Lucky Trucking in April 2021, for which we also provided transportation counsel, RJ’s is A&R’s fourth acquisition of a bulk products supply chain services provider in the past year.
REACH Riverside—Redevelopment financing
Represented REACH Riverside Development Corporation in connection with the multifaceted redevelopment—modeled on the holistic community redevelopment principles of the nationally renowned Purpose Built Communities network—of Northeast Wilmington, Delaware’s Riverside neighborhood.
Clear Channel Airports—Airline advertising contract negotiation
Represented Clear Channel Airports, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), and one of the nation’s leading airport media providers, in the negotiation of the largest airport advertising and sponsorship contract in the U.S. with the Port Authority of New York and New Jersey.
A&R Logistics—Transportation and logistics advice
Represented A&R Logistics, Inc., one of North America’s leading providers of bulk products supply chain services, as transportation counsel in its acquisition of L.T. Harnett, a provider of bulk liquid and dry transportation and logistics services to the chemical, food, and agricultural industries. Following A&R’s acquisition of First Choice Logistics in February 2020, for which we also provided transportation counsel, LTH is A&R’s second acquisition of a bulk products supply chain services provider in the past six months.
