People

Rusty G. Shellhorn Baker Botts Dallas
Rusty G. Shellhorn
Senior Associate
Rusty G. Shellhorn Baker Botts Dallas
Rusty G. Shellhorn
Senior Associate

Overview

Rusty Shellhorn represents public and private companies, as well as private equity sponsors and their portfolio companies, in connection with a wide variety of complex transactional matters, including mergers and acquisitions, financings and joint ventures. He also represents issuers in equity and debt securities offerings, including initial public offerings (IPOs), other public and private offerings of equity securities and registered and Rule 144A debt offerings.

In addition, Rusty advises clients regarding corporate governance and SEC compliance and disclosure, including Exchange Act reporting, as well as general corporate matters.

Admissions & Affiliations

  • State Bar of Texas

Education

  • J.D., University of Alabama School of Law 2020
    summa cum laude
    Senior Editor, Alabama Law Review
    Valedictorian
    Order of the Coif
    Dean M. Leigh Harrison Award
    Hugo L. Black Scholar
    L. Susan Doss Award
  • B.A., History, Texas Tech University 2015
    summa cum laude

Experience

Mergers and Acquisitions

  • Matador Resources Company (NYSE: MTDR), a publicly traded energy company, in its $1.9 billion acquisition of a subsidiary of Ameredev II Parent, LLC, including oil and natural gas producing properties and undeveloped acreage in Texas and New Mexico.
  • Matador Resources Company in its $1.6 billion acquisition of Advance Energy Partners Holdings, LLC, including oil and natural gas producing properties and undeveloped acreage in Texas and New Mexico.
  • Matador Resources Company in its contribution of its wholly owned midstream subsidiary, Pronto Midstream, to its midstream joint venture, San Mateo Midstream, for a total implied valuation of approximately $600 million.
  • Matador Resources Company in its $81 million acquisition of royalty interests in oil and natural gas properties in Lea County, New Mexico.
  • Zix Corporation, a publicly traded technology company, in its $860 million sale to OpenText (NASDAQ: OTEX), an information management software and services company, through a negotiated cash tender offer and subsequent merger.
  • Service Compression, LLC, a natural gas compression services provider, in connection with a preferred equity investment from Warburg Pincus, a private equity firm.
  • Service Compression, LLC in connection with a growth capital investment from Crestline Investors, an alternative investment management firm.
  • Phoenix Service Partners, a natural gas compression services provider, in the sale of a majority equity interest to SCF Partners, a private equity firm.
  • T.D. Williamson, Inc., a global leader in pipeline infrastructure maintenance, in the sale of a majority equity interest to SCF Partners.
  • Hibernia Energy III, LLC, a portfolio company of NGP Energy Capital, in its $2.25 billion sale of oil-producing assets in the Midland Basin to Civitas Resources (NYSE: CIVI), a publicly traded production and exploration company.
  • Hyphen Solutions, a residential construction software company, in its acquisition of the assets of Chameleon Power, a virtual design software company.
  • Renovo Capital, a private equity firm, in its acquisition of A.P. Nonweiler, Co., a manufacturer of industrial specialty coatings.
  • Dawson Geophysical Company (NASDAQ: DWSN), a publicly traded seismic data acquisition services company, in the sale of a majority of its outstanding common shares to Wilks Brothers, LLC, a private investment firm, through a negotiated cash tender offer.
  • Hunt Energy Enterprises, a subsidiary of Hunt Consolidated, Inc., in the merger of 1366 Technologies, Inc. and Hunt Perovskite Technologies, LLC to form CubicPV, a developer of solar perovskite technology.

Capital Markets

  • Matador Resources Company in its underwritten public offering of 5,250,000 shares of its common stock.
  • DZS Inc., a publicly traded network access solutions company, in its underwritten public offering of 2,833,912 shares of its common stock.
  • Matador Resources Company in multiple private offerings of senior unsecured notes (approximately $1.65 billion in the aggregate) and related tender offers of outstanding senior notes.
  • Clearway Energy, Inc. (NYSE: CWEN, CWEN.A), a publicly traded renewable energy company, in numerous private offerings of “Green Bond” senior unsecured notes (approximately $1.9 billion in the aggregate) and related tender offers of outstanding senior notes.
  • Clearway Energy, Inc. in the commencement of its $100 million “at-the-market” (ATM) equity offering program.
  • Clearway Energy, Inc. in the establishment of its Dividend Reinvestment and Direct Stock Purchase Plan.
  • Martin Midstream Partners L.P. (NASDAQ: MMLP), a publicly traded midstream services company, in its private offering of $400 million in aggregate principal amount of senior secured notes.
  • NRG Energy, Inc. (NYSE: NRG), a publicly traded energy company, in its private offering of $1.1 billion in aggregate principal amount of sustainability-linked senior notes.
  • Arcosa, Inc. (NYSE: ACA), a publicly traded provider of infrastructure-related products, in its private offering of $400 million in aggregate principal amount of senior notes.
  • BKV Corporation (NYSE: BKV), an energy company, in its initial public offering of shares of its common stock.

Private Equity

  • Counsel and representation to numerous investors in various private equity funds and vehicles, including a publicly traded natural gas and electric transmission service company, a state public power utility, a state common pension fund system and various private investment firms and family offices.
  • A Middle East-based investment bank in connection with its $50 million investment in a fund focused on private vessel acquisitions and other maritime assets.
  • An investment bank in connection with its Shari’a-compliant investment in a private equity fund.
  • Various investment banks and firms in connection with their formation of special purpose vehicles to facilitate indirect investments by other investors in underlying private equity funds.
  • A leading global private asset management firm in its minority investment in, and strategic partnership with, an early-stage venture capital firm focused on technology applications to the industrial sector.
  • A leading global private asset management firm in its investment in an autonomous vehicle startup company.

Public Company and Corporate Counsel

  • Corporate counsel to various public companies in connection with Exchange Act reporting, proxy statements and stock exchange matters.