Steven F. Carman

Mergers and Acquisitions

• Supervised public registration and exchange listing of $500 million real estate company.
• Represented Casey's General Stores, Inc. in a closed $580 million stock purchase agreement, resulting in the acquisition of approximately 175 Bucky's Convenience Stores.
• Advised CorEnergy Infrastructure Trust Inc. in $40 million acquisition of petroleum products terminal in Portland, Oregon.
• Represented independent directors on Conflicts Committee of Inergy LP in its merger with Inergy Holdings LP, creating an entity with $6 billion in enterprise value.
• Represented CorEnergy Infrastructure Trust Inc. in completion of its $125 million acquisition of an interstate natural gas pipeline company from its private equity backer with cash obtained in part from a secondary offering of common stock.
• Guided PhoneFactor Inc. as it was acquired by Microsoft Corp. for $47 million.
• Advised numerous buyers and sellers of banks and bank holding companies.
• Guided acquisitions and divestitures for public and private companies in numerous industries, ranging in size from $500,000 to $1.2 billion.
• Represented private equity funds in the acquisitions and dispositions of portfolio companies and represented private companies in sales to private equity funds.
• Represented Commerce Bancshares in the sale of their corporate trust business.

Securities & Corporate Governance

• Represented closed-end fund Tortoise MLP Fund Inc. in $1.2 billion initial public offering.
• Represented independent directors of Inergy LP Conflicts Committee on $192.5 million drop-down of US Salt LLC.
• Represented independent members of boards of directors of mutual funds, bank holding companies, manufacturing companies and insurance companies on fundamental transactions.

Investment Management

• Led several public equity and debt offerings by registered investment companies, including initial public offerings, direct offerings and at-the-market offerings totaling in excess of $3 billion.
• Advised investors on PIPE transactions resulting in more than $400 million of investments in MLPs.
• Advised and assisted in numerous venture capital investments, representing recipient companies and venture investors.