Joshua Strober concentrates his practice on capital raising activities, corporate acquisitions, securities law and corporate law, including:
· public and private securities offerings;
· public and private companies in mergers and acquisitions;
· the preparation of filings required by the Securities and Exchange Commission;
· securities regulation compliance and corporate governance matters;
· private equity and venture capital financings; and
· a variety of general business matters, including business formation and planning, commercial agreements (manufacturing, distribution, supplier and vendor), employment agreements, consulting agreements, executive compensation and equity compensation arrangements.
Representative Matters
Securities/Public Company
· Represented underwriter in a public offering of common stock of a bank holding company.
· Represented underwriter in a public offering of common stock of a pharmaceutical company.
· Represented public company in the social services industry in its private placement of $70 million convertible senior subordinated notes.
· Represented group of private investors in the purchase of convertible preferred stock and warrants from public company in the diversified machinery industry.
· Represented public company in the industrial electrical equipment industry in its private placement of $325 million fixed-rate notes and floating-rate notes.
· Represented public company in the industrial electrical equipment industry in its private placement of $475 million senior convertible notes.
· Represented public company in the life insurance industry in several public offerings of fixed-rate notes in the aggregate amount of $675 million.
· Represented public company in the social services industry in a proxy contest and solicitation of consent revocation.
· Served as "day-to-day" securities counsel to a number of public companies in various industries, including banking, auto parts and life sciences.
Mergers & Acquisitions/Private Equity/Venture Capital
· Represented public company in the banking industry in a series of acquisition transactions.
· Represented public company in the industrial electrical equipment industry in its international acquisition of the wire and cable business of a Fortune 200 company.
· Represented public company in the social services industry in its acquisition by merger of the nation's leading nonemergency transportation management solutions company.
· Represented Fortune 500 software company in a series of acquisition transactions.
· Represented private equity firm in $75 million capitalization of a for-profit educational services company.
· Represented portfolio company in the education industry in its auction sale to a private equity firm.
· Represented portfolio company in the aerospace/defense industry in its auction sale to a Fortune 100 company.
· Represented private equity firm in the formation of and transfer of assets to a new private equity fund.
· Represented private equity firm in its investment in a provider of supply chain management solutions.
· Represented manufacturer of reusable and environmentally-friendly bags and related products in a series of venture financing transactions.
· Represented founders in a number of buyout transactions or related liquidity events.
· Served as "outside general counsel" to a number of emerging and middle market companies in various industries including consumer products, supply chain management, life sciences and energy.
Community Service & Affiliations
Mr. Strober is Vice President of the Board of Directors of the Alumni Association of The Pennington School, an independent coeducational school serving students in grades 6-12.
While in law school, Mr. Strober served as managing editor of outside articles and staff writer for the Villanova Law Review.
Memberships
American Bar Association
Pennsylvania Bar Association
Philadelphia Bar Association
Events
BEST PRACTICES IN IR WEBSITES
[Event]
NIRI Philadelphia Chapter Event
Comcast Center, Philadelphia, PA
May 10, 2012
Joshua L. Strober
ANGEL VENTURE FAIR EDUCATION DAY 2012: FROM SUCCEEDING AT THE ANGEL VENTURE FAIR TO NEGOTIATING YOUR FIRST TERM SHEET
[Event]
Blank Rome LLP
Marvin Comisky Conference Center
One Logan Square, 130 North 18th Street
Philadelphia, PA 19103-6998
February 15, 2012
Brian J. McTear, Beth Cohen, Brett J. Schulman and Joshua L. Strober
Cases and Deals
FORTRESS TECHNOLOGIES SOLD TO GENERAL DYNAMICS
[Deal]
July 25, 2011
Richard J. McMahon, Linsey B. Bozzelli and Joshua L. Strober
Fortress Technologies, Inc. in its sale to General Dynamics.
RUME IN A SERIES B FINANCING
[Deal]
July 2011
Linsey B. Bozzelli and Joshua L. Strober
RuMe in connection with its Series B financing led by Golden Seeds.
LLR EQUITY PARTNERS IN AN ACQUISITION OF SDI
[Deal]
May 2011
Louis M. Rappaport, Linsey B. Bozzelli, Cory G. Jacobs and Joshua L. Strober
LLR Equity Partners, in its joint acquisition with Pouschine Cook Capital Partners, of Strategic Distribution, Inc. from Platinum Equity.
RUME IN A SERIES A FINANCING
[Deal]
December 3, 2010
Linsey B. Bozzelli and Joshua L. Strober
RuMe in connection with its Series A financing led by Golden Seeds.
EDISON SCHOOL HOLDINGS PARTICIPATES IN $75M CAPITALIZATION OF AVENUE WORLD HOLDINGS
[Deal]
November 2010
Richard J. McMahon and Joshua L. Strober
Edison School Holdings LLC in the $75 million capitalization of Avenue World Holdings LLC.
CHINESE HEALTHCARE COMPANY IN A PRIVATE PLACEMENT TO KOREAN FUND
[Deal]
August 2010
Christin R. Cerullo, Joseph T. Gulant and Joshua L. Strober
A Chinese healthcare company in the private placement of a convertible note to a Korean-based private equity fund.
ENTERPRISE LOGISTICS COMPANY ACQUIRED BY GLOBAL IRON HOLDINGS
[Deal]
March 4, 2010
Christin R. Cerullo and Joshua L. Strober
An enterprise logistics and maintenance solutions company in its acquisition by Global Iron Holdings, LLC, an affiliate of Global Equity Capital, LLC for an undisclosed amount.
SANDLER O'NEILL AS UNDERWRITER IN $23M OFFERING OF STOCK
[Deal]
December 2009
Christin R. Cerullo and Joshua L. Strober
Sandler O'Neill in a $23 million offering of common stock issued by Citizens & Northern.
SUNGARD AVAILABILITY SERVICES ACQUIRES STROHL SYSTEMS GROUP
[Deal]
May 21, 2008
Kipp B. Cohen, Cory G. Jacobs, Joshua L. Strober and Margaret Anne Hill
SunGard Availability Services in its acquisition of all the stock of Strohl Systems Group for undisclosed terms.
PROVIDENCE SERVICE CORPORATION ACQUIRES LOGISTICARE FOR $220 MILLION
[Deal]
December 7, 2007
Steven Dubow, Thomas P. Dwyer, Elise M. Adams, Thomas B. McKernan III, Brad L. Shiffman, Christin R. Cerullo, et al.
Providence Service Corporation in its acquisition of LogistiCare for $220 million.
GENERAL CABLE ACQUIRES PHELPS DODGE WIRE AND CABLE BUSINESS FOR $710 MILLION
[Deal]
October 31, 2007
Alan H. Lieblich, Pamela E. Flaherty, Joseph T. Gulant, David M. Perry, Megan E. Spitz, Harvey I. Forman, et al.
General Cable Corporation in its acquisition of Phelps Dodge International Corporation for approximately $710 million.
LINCOLN NATIONAL CORPORATION CLOSES DEAL WORTH $375 MILLION
[Deal]
October 9, 2007
Alan H. Lieblich, Melissa Palat Murawsky, Ethan M. Seer, Joseph T. Gulant, Cory G. Jacobs, Yelena M. Barychev, et al.
Lincoln National Corporation in a securities offering of senior notes worth $375 million.
GENERAL CABLE ISSUES $475 MILLION OF SENIOR CONVERTIBLE NOTES
[Deal]
October 2, 2007
Alan H. Lieblich, Timothy A. French and Joshua L. Strober
General Cable Corporation in the offering and sale of $475 million in aggregate principal amount of 1% senior convertible notes.
LINCOLN NATIONAL CORPORATION CLOSES DEAL WORTH $300 MILLION
[Deal]
August 27, 2007
Richard J. McMahon, Alan H. Lieblich, Ethan M. Seer, Joseph T. Gulant, Yelena M. Barychev and Joshua L. Strober
Lincoln Financial Corporation in the securities offering of senior notes worth $300 million.
SUN AMERICAN ACQUIRES FLORIDA BANK
[Deal]
March 30, 2007
Yelena M. Barychev, Timothy A. French and Joshua L. Strober
Sun American Bank in its merger with Independent Community Bank for $41.1 million.
GENERAL CABLE CORPORATION CLOSES $325 MILLION OFFERING
[Deal]
March 21, 2007
Alan H. Lieblich, Timothy A. French and Joshua L. Strober
General Cable Corporation in its private placement of fixed-rate notes and floating-rate notes valued at $325 million.
SUN AMERICAN PURCHASES BEACH BANK
[Deal]
December 29, 2006
Timothy A. French and Joshua L. Strober
Sun American Bancorp in its asset purchase of Beach Bank for $18.7 million.