Planning to take your company public? Our Shavano Park-based attorneys specialize in IPOs, direct listings, SPAC mergers, and alternative paths to public markets for companies across Healthcare, Finance, Real Estate.
Our managing partner provides selective ipo & going public law counsel to clients in Shavano Park and nationwide, including:
We engage selectively with capitalized founders and investors in Shavano Park and nationwide:
San Antonio's M&A market is significantly influenced by its massive military presence, with Joint Base San Antonio (the largest joint base in the DoD) driving deal activity in defense contracting, cybersecurity, and government IT services. The city is also a major healthcare market, home to the South Texas Medical Center and a growing biosciences sector. San Antonio's lower cost structure compared to Austin and Dallas makes it an increasingly attractive market for mid-market acquisitions in manufacturing, energy services, and hospitality.
San Antonio offers attractive valuations relative to Austin and Dallas, with deal multiples typically 0.5-1 turn lower for comparable businesses. The military community creates a unique pipeline of veteran-owned businesses approaching transition, and the city's steady population growth fuels demand for healthcare and consumer services acquisitions.
San Antonio is the second-largest city in Texas and the seventh-largest in the U.S., with population growth that consistently outpaces the national average and a cost of doing business well below other major Texas metros. The city's $40B+ military economic impact provides a stable demand floor for defense and services businesses.
Texas enforces non-compete agreements if they are ancillary to an otherwise enforceable agreement and meet reasonableness requirements, and the state's lack of a corporate or personal income tax makes post-acquisition cash flow modeling more favorable, though buyers should account for Texas's franchise (margin) tax on entities with revenue exceeding $2.47 million.
"Going public changes everything about how you operate. The reporting obligations, the insider trading rules, the proxy requirements. Companies that aren't prepared for life as a public company shouldn't be rushing to get there."
Enforceable only if ancillary to an otherwise enforceable agreement. Mandatory reformation.
Entity mergers and conversions must be filed with the Texas Secretary of State. Franchise tax (margin tax) compliance is required. The Comptroller's office handles tax clearance certificates for asset purchases. Public Information Reports are required annually.
Submit your transaction details for a preliminary assessment by our managing partner.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Common questions from Shavano Park clients
Submit your transaction details for a preliminary assessment by our managing partner
Submit Transaction DetailsIn-depth guides to help you prepare for your transaction
State-by-state securities registration requirements and exemptions.
Read guideHow private companies can issue equity compensation under Rule 701.
Read guideFiling requirements for Regulation D offerings at the state level.
Read guideHow reverse mergers work and when they make sense as a path to going public.
Read guideRequirements for selling restricted and control securities.
Read guideOur managing partner provides selective ipo & going public law counsel for transactions nationwide. Submit your transaction details for a preliminary assessment.
Submit transaction details for review. We engage selectively with capitalized buyers and sellers.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Selective M&A practice - Nationwide reach - Managing partner on every deal