EDUCATION

University of Pennsylvania, Philadelphia, Pennsylvania, J.D., 1996

  • Law Review: University of Pennsylvania Journal of International Economic Law, 1993-1996

College of William & Mary, Williamsburg, Virginia, B.A., cum laude, 1993

 

ADMITTED

Maryland 1996

 

PLACE OF BIRTH

Havre de Grace, Maryland

 
Lawyers / Professionals
 
Cecil E. Martin III
Partner
7 Saint Paul Street
Suite 1000
Baltimore, Maryland 21202-1671
T: 410.659.4419
F: 410.659.4535
cmartin@mcguirewoods.com

Mr. Martin has advised clients in obtaining and structuring debt and equity financings in excess of $1 billion, and has represented both buyers and sellers in asset sales, mergers, going-private transactions, leveraged lease financings, stock sales and other business combinations.

His transactional practice focuses on business acquisitions, corporate finance and securities law, in addition to a wide range of other legal services including product and software licensing and distribution, strategic partnering and joint ventures and project development. His industry focus includes energy, software, financial services and life sciences. Local and national companies, from emerging growth to Fortune 500, regularly rely on his advice and counsel.

Representative Matters
  • Mergers & Acquisitions
    • Represented the sellers of a national immunoglobulin home infusion company to one of the world’s largest pharmaceutical services companies in a stock sale valued at approximately $40 million plus earnout.
    • Represented the seller in the auction and sale of 10 district energy heating and cooling companies in six states, representing 238 MW of combined electricity generating 10 million pounds of steam and 72,800 tons of chilled water, with a purchase price in excess of $400 million.
    • Represented an educational textbook design and production company in the sale of substantially all of its assets in a transaction valued at approximately $4 million.
    • Represented a private equity fund in a $40,000,000 investment in Series E Preferred Shares issued to finance the acquisition of a municipal waste landfill.
    • Represented a publicly traded contract research organization in its acquisition by reverse triangular merger of a regulatory/clinical consulting firm in a transaction valued at approximately $4.9 million.
    • Represented a publicly traded petroleum refiner and marketer in a going-private transaction valued in excess of $100 million.
    • Represented a publicly traded voice-over-Internet protocol (VOIP) telecommunications company in its acquisition of a New York-based competitive local exchange carrier targeting niche immigrant markets.
    • Represented a U.K. manufacturer of scholastic products in the divestiture of its U.S. business for approximately $5 million.
    • Represented a commercial printer in a purchase transaction priced at $11 million plus an EBITDA-based earnout.
    • Represented a building materials company in its acquisition of a fireplace products company in a transaction valued in excess of $60 million.
    • Represented a large materials handling equipment manufacturer in its acquisition of all of the assets of a manufacturer of environmental control equipment out of bankruptcy for a purchase price of approximately $5 million.
  • Financing
    • Represented the issuer in a series of preferred stock financings (Series A through H) aggregating approximately $30 million over three years.
    • Represented the first biodiesel plant to receive its air permit to construct in the State of Maryland in a $6 million mixed debt and equity financing structured as a private placement.
    • Represented a private equity fund in its $4 million loan to a wastewater treatment company.
    • Represented a provider of senior secured equipment financing in its 144A private placement of approximately $46.5 million of common stock.
    • Represented a publicly traded VOIP telecommunications company in its private equity financings (common and preferred stock PIPE transactions) aggregating approximately $10 million over two years.
    • Represented an automobile finance company in acquisitions of portfolios of sub-prime receivables.
    • Represented the issuer in a $390 million leveraged lease financing of a 440MW lignite-fired power plant.
    • Represented an Internet content management software developer in its $15 million offering pursuant to Regulation D of its Series B Preferred Stock.
Practices & Industries Firm Management
  • Co-Chair, McGuireWoods Energy Industry Team
Previous Experience
  • Stark & Keenan, P.C.