As Miami has grown as a hub for technology and innovation in the last decade, global law firm Greenberg Traurig, P.A. has established itself as the go-to firm for technology law and venture capital law, representing the region's growing technology sector companies.
MIAMI, April 24, 2023 /PRNewswire-PRWeb/ -- Miami Office's Technology and Venture Capital Practices Ranked Top-Tier Locally and Nationally by 2023 'Best Law Firms' Report
As Miami has grown as a hub for technology and innovation in the last decade, global law firm Greenberg Traurig, P.A. has established itself as the go-to firm for technology law and venture capital law, representing the region's growing technology sector companies.
Greenberg Traurig's Miami office was the only local Am Law 100 law firm to receive top-tier rankings in the 2023 U.S. News – Best Lawyers® "Best Law Firms" report for Technology Law and Venture Capital Law. The firm also received first-tier national rankings in both practice areas.
"Greenberg Traurig is uniquely well-positioned to serve the growing number of companies that are part of South Florida's thriving innovation ecosystem because we have the ability to take advantage of the firm's deep in-roads within the region while simultaneously leveraging its "AmLaw 20" global platform," said Miami Co-Managing Shareholder Jaret L. Davis, who also serves as co-founder and general counsel of eMerge Americas, Miami's premier technology event taking place this week. "To meet client's needs we are seeing increased demand for our multi-disciplinary team that includes not only our experienced technology and IP attorneys, but also our corporate, growth equity, and venture capital attorneys."
The Miami office is regarded as a thought leader in representing angel investors, venture capital firms, and growth equity funds. And because of Greenberg Traurig's global network structure, the local team can draw on the experience of attorneys across the firm who handle tax, labor and employment, and benefits and compensation matters. It has advised some of the most successful tech companies in South Florida in their journey from startups to established enterprises.
Greenberg Traurig's tech and venture capital experience has placed the firm at the center of some of the most transformative transactions in this sector for more than a decade. Davis led a 40-attorney team that represented Terremark Worldwide more than a decade ago in its $2 billion acquisition by Verizon Communications, which helped spark Miami's development as a tech hub. At the time, this acquisition ranked as both the largest pairing of a telco and a colocation provider, as well as the largest transaction in the cloud computing space.
The firm in 2017 also represented Medina Capital, a Miami-based private equity firm, as it created a joint venture with BC Partners and completed the acquisition of CenturyLink, Inc.'s portfolio of data centers and associated colocation business and of Medina Capital's security and data analytics portfolio. The estimated value of the new combined businesses, known as Cyxtera Technologies, Cyxtera was $2.8 billion, making it one of Miami's earliest unicorns. In 2021, the firm represented Medina again, this time on the $1-billion reverse merger of Cyxtera's Appgate cybersecurity unit with Newtown Lane Marketing and concurrent infusion of $75 million of capital by Magnetar Capital.
Earlier this month, the firm advised Kaseya, the leading global provider of IT management and security software, in its negotiations with Miami-Dade County and the Miami Heat to acquire the naming rights to the Miami-Dade Center, in a 17-year deal totaling $117 million. Now known as the Kaseya Center, the company name will live on the home of the Miami Heat through 2040.
The firm also represents some of the region's other leading technology companies including Papa Health, a platform connecting health care providers and families to help offer home health care benefits especially for older adults; Chewy, the online pet supplies retailer; and Innovation Refunds, which has created a platform allowing small and medium sized businesses to obtain eligible federal tax credit refunds.
Along with Davis, the firm's Venture Capital and Emerging Technology team in South Florida includes Alan N. Sutin, chair of the firm's Technology, Media & Telecommunications Practice and senior chair of the global Intellectual Property & Technology Practice, as well as Shareholders Michael K. Dixon, Robert L. Grossman, Mathew B. Hoffman, Stanley G. Jacobs, Jr., Cynthia A. Marian, John D. Owens III, Antonio Peña, Arnaldo E. Rego, Jr., and Manuel R. Valcarcel IV, and Roy P. Zachariah.
"Nearly two years ago, I moved to Greenberg Traurig because I saw it as the perfect platform to enhance my venture capital and emerging company practice. My expectations were far exceeded, in part because of the firm's mission to be at the forefront of the local and global technology industry," said Owens, a Miami corporate shareholder. Owens also serves on the board of the newly created Miami-Dade Innovation Authority, which is focused on providing local tech startups with access to funding.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 45 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI "Highly Recommended Law Firm" for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 250. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab and is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy as a member of the U.S. EPA's Green Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: http://www.gtlaw.com.
Media Contact
Elaine Walker, Greenberg Traurig, P.A., +1 305.579.0832, [email protected]
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