Douglas C. Lionberger
Partner
Initial Public Offerings and Equity Offerings
- Represented a global investment banking, securities, and investment management firm, as underwriter's counsel, in the special purpose acquisition company (SPAC) initial public offering (IPO) for a blank check company with a business purpose to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses
- Represented a diversified portfolio of midstream assets in its US$147 million initial public offering (IPO) of common units
- Represented a commercial real estate finance company in its US$233 million IPO of common stock
- Represented an operator and developer of coal mines in its US$81 million IPO of common stock
- Represented a provider of sand-based proppant solutions in its US$400 million IPO of common stock by a selling stockholder
- Represented the underwriters to a third-party provider of mission-critical compression services in its US$198 million IPO of common units
- Represented the underwriters to a leading international provider of offshore contract drilling services for oil and gas wells in its US$391 million IPO of common units
- Represented a leading producer of thermal coal in its US$350 million IPO of common units
- Represented an owner and operator of the world's largest fleet of handy-size liquified gas carriers in its US$262 million IPO of common stock
- Represented the underwriters to an owner, operator, developer, and acquirer of pipelines and other midstream logistic assets in its US$300 million private placement of common units
- Represented an independent oil and natural gas company in its US$158 million public offering of common stock
- Represented a third-party provider of mission-critical compression services in its US$77 million public offering of common units
- Represented a hydrocarbon exploration company in its US$964 million public offering of common stock
- Represented a distributor of petroleum in its US$363 million public offering of common units
High-Yield and Other Debt Offerings
- Represented the underwriters to an oil and natural gas pipeline company in its US$500 million offering of senior notes
- Represented an independent oil and natural gas company in its US$200 million offering of senior notes
- Represented a manufacturer and provider of nitrogen fertilizer products in its US$645 million offering of senior notes
- Represented an owner, operator, developer, and acquirer of terminals, storage tanks, pipelines, and other logistical assets in its US$300 million offering of senior notes
- Represented a distributor of petroleum in its US$500 million offering of investment grade notes
Acquisitions, Mergers, and Sales
- Represented a global energy-saving bitcoin mining operator and clean-tech company in its combination with a blank check company; representation also included handling the completion of the deal for the company to become a publicly listed company
- Represented a Houston-based developer of cloud-based surface and subsea robots, software, and associated services in connection with a business combination with a publicly traded special purpose acquisition company (SPAC)
- Represented a leading provider of technology-enabled transportation and supply chain management services in its definitive agreement to be acquired by a global private equity firm for an equity value of approximately US$1.3 billion
- Represented a publicly traded SPAC in connection with its business combination agreement with a leading specialty e-commerce platform for higher-end barbecue grills, grilling accessories, and outdoor living products
- Represented an entrepreneur and his affiliates in the acquisition of a Texas-based cafeteria-style restaurant chain
- Represented a provider of high-quality completion services in the US$284.5 million sale to one of the largest pure-play providers of integrated well completion services in the US
- Represented an independent oil and natural gas company in the US$2.4 billion acquisition of a leading private oil and gas company
- Represented an innovative leader in proppant and logistics services to the North American petroleum industry in the drop down of an owner of a 1,187-acre facility with integrated rail infrastructure and production capacity of 1.6 million tons of frac sand per year
- Represented a third-party provider of mission-critical compression services in its US$187 million acquisition of compression assets from an oil and gas exploration service company in exchange for common stock units representing 20 percent of limited partnership interests in the company
- Represented a manufacturer and marketer of chemical products in the US$2.3 billion sale of a global energy specialty products and services company to a developer of services, technology, and systems that specialize in water treatment, purification, cleaning, and hygiene
- Represented an infrastructure-focused private equity firm in the acquisition of a marine terminal company
- Represented a manager of coal and natural resource properties in its US$1 billion acquisition of an energy pipeline company and the related equity financing
- Represented a distributor of petroleum in the US$1.7 billion acquisition of an owner of the largest storage terminal facility in the Caribbean, and the related equity financing
Admissions
Bar Admissions
- New York
- Texas
Education
- University of California, Berkeley, J.D., 2010
- Texas A&M University, B.A., Political Science, 2007
Honors & Awards
Honors & Awards
- The Legal 500 USA, Energy Transactions: Oil and Gas (2025)
Professional Activities
Speaker
- “IPO Series: An Overview of Dual Track Considerations,” Webinar (June 2025)
- “IPO 101: An Overview and Considerations in Going Public,” Webinar (April 2024)
Related Practices