Andrew I. Sultan

Andrew I. Sultan

Partner

P: 303.892.7436

F: 303.893.1379

Assistant

Angelica Amaro

P: 303.892.7558

Admitted In

  • Colorado
  • District of Columbia

Andrew Sultan’s practice consists of general business and corporate law matters, with an emphasis on mergers and acquisitions, private equity and venture capital financings, securities offerings, corporate governance and commercial transactions.  He often serves as outside general counsel to emerging growth and middle-market companies in a variety of industries and advises business owners, board members and senior management in matters involving their business, including acquisitions and divestitures, financing transactions, securities transactions, commercial arrangements, shareholder agreements, employment matters and incentive compensation. 

Prior to joining Davis Graham & Stubbs LLP, Mr. Sultan was a partner at Jacobs Chase Frick Kleinkopf & Kelley, LLC, and prior to that practiced in the Colorado office of Cooley LLP.  Before attending law school, he worked as a certified public accountant in the Washington, D.C. office of Ernst & Young, LLP, and later, as a financial analyst for a publicly traded logistics software company, where he gained a strong background in financial statement audit and analysis.

Education

University of Colorado, J.D., 1999
University of Maryland, B.S., cum laude, 1992
Certified Public Accountant (inactive)

Drew has over 10 years of experience representing clients in merger and acquisition transactions, private equity and venture capital transactions, and securities offerings, including:

  • Yancey’s Food Service Co., a food distribution company, in its sale of assets to Food Services of America.
  • Kodiak Building Partners in its acquisition of Gulf & Basco, Inc., a specialty distributor of building products.
  • CoreSite Realty Corporation (NYSE: COR), an owner and operator of data centers throughout the U.S., in its acquisition of another data center operator.
  • Shareholders of Fowler & Peth, Inc. a distributor of residential and commercial roofing products, in their sale to Beacon Roofing Supply, Inc. (NADAQ: BECN).
  • eWise Group Inc., an online payment technology company, in its restructuring and $14 million venture capital finance transaction led by Wellington Partners.
  • Udi’s Healthy Foods, LLC and Udi’s Granola, LLC in its recapitalization and investment from E&A Industries, and certain shareholders of Udi’s Healthy Foods, LLC in their sale of ownership interests to Smart Balance, Inc. (Nasdaq: SMBL) in a $125 million transaction.
  • Texas E.R. Medical Billing, Inc., a provider of revenue cycle management services for hospital-based emergency physicians, and coding, billing and reimbursement services, in its sale of assets to Medical Consultants, Inc. (a division of Intermedix Corporation).
  • Invidi Technologies Corporation in its multiple rounds of venture capital financing transactions.  Invidi is a leading provider of addressable advertising software systems for the cable, satellite and telco television industries, and its investors include Menlo Ventures, InterWest Partners, EnerTech Capital, Westbury Partners, Google, GroupM, Experian, and Motorola.
  • The purchaser of Laney Directional Drilling Co., a horizontal directional drilling company that specializes in the oil and gas pipeline industry.
  • Optigas, Inc., a midstream natural gas pipeline operator, in its private equity investments by Kelso Investment Associates and its $85 million merger with Ceritas Holdings L.P. 
  • The shareholders of Environmental Resource Associates, in their $66 million stock sale to Waters Technology Corporation (NYSE: WAT).  Environmental Resource Associates is the industry leader in providing standards for laboratory certification and provides a total solution for the quality control and proficiency testing needs of environmental and pharmaceutical laboratories.
  • The shareholders of Decisioneering, Inc., a Denver-based software company, in its merger with Hyperion Solutions Corporation, based in Santa Clara, California.
  • Robinson Brick Company in its multiple acquisitions and subsequent sale to Wienerberger A.G. and its U.S. subsidiary, General Shale Brick, Inc., for $120 million.
  • The shareholders of CAD Potential, Inc. in their sale of stock to INCAT International plc.
  • The shareholders of Miner & Miner, Consulting Engineers, Incorporated in their sale of stock to Telvent GIT, S.A. Miner and Miner provides engineering services for the utility industry, including GIS  enterprise solution technology and is a supplier of software solutions to energy and water/wastewater utilities and municipalities around the world.
  • The shareholders of Lore International Institute, Inc., an industry leader in executive recruitment and training, in their sale of stock to Korn/Ferry International (NYSE: KFY).
  • SlimRock, LLC, in its purchase of assets of Cedar Ridge Quarries, LLC.  SlimRock is a supplier of high quality natural stones from the Arkansas River Valley in Ozark, Arkansas.
  • Genomica Corporation, a genomics software company, in its $122 million initial public offering and subsequent $110 million sale to Exelixis, Inc. (NASDAQ: EXEL), pursuant to a two-step stock tender offer.
  • Allos Therapeutics (NASDAQ: ALTH), a biopharmaceutical company, in its $90 million dollar initial public offering.
July 2013

SEC Approves General Solicitation and Advertising for Accredited Investor-Only Offerings: Excludes

On July 10, 2013, the U.S. Securities and Exchange Commission ("SEC") fulfilled its Congressional mandate by adopting new rules that will dramatically affect the landscape for unregistered securities offerings in the United States. These new rules authorize the use of general advertising and general solicitation methods in accredited investor-only offerings under the newly amended Rule 506. Historically, securities offerings that were not registered with the SEC were uniformly described as "private offerings," because that was their common identifying feature – the securities could not be publicly offered. With the adoption of new Rule 506(c), that common understanding has been eliminated.

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October 2009

M&A – From a Buyer’s Perspective

DGS Private Company Perspectives Series

June 2008

Three Leading Partners Join Davis Graham & Stubbs LLP / Experienced Lawyers Expand Firm's Corporate Finance, Mergers & Acquisitions Practices

Davis Graham & Stubbs LLP today announced that Matthew R. Perkins, Albert J. Givray and Andrew I. Sultan – all well known and highly regarded corporate lawyers in Denver – have joined the firm’s corporate finance and acquisitions practice as partners.

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September 2002

Highlights of the Sarbanes-Oxley Act

Rocky Mountain Area Conference for Finance and Accounting Professionals