Travis has broad M&A investor/creditor engagement and capital raising experience spanning numerous transaction structures. Notable transactions include representing:

Mergers and Acquisitions

• TAE Technologies, Inc., a leading nuclear fusion company, in its proposed merger with Trump Media and Technologies Group Corp. (pending)
• Sunnova Energy International, Inc. in its acquisition of SunStreet, the residential solar platform of Lennar Corporation, and related exclusive strategic partnership arrangement
• Broad Reach Power in the $1 billion sale of its battery storage business to ENGIE, while sponsored by EnCap Energy Transition and Apollo Infrastructure Funds
• Special Texas counsel to GrabAGun Digital Holdings Inc. in its $150 million business combination with Colombier Acquisition Corp. II, a SPAC
• Special Committee of Barnes & Noble Inc. in its $683 million sale to Elliot Advisors
• Allied Group of Companies, a leading pipe, valve, and fitting manufacturing and distribution company, in its acquisition of Hackney Ladish, a leading weld fitting manufacturer
• McDermott International, Inc. in its $6 billion acquisition of Chicago Bridge & Iron Company N.V.
• Schlumberger Limited in its $14 billion acquisition of Cameron International Corporation
• Halliburton Company in its proposed $35 billion acquisition of Baker Hughes Incorporated
• Conflicts Committee of Williams Partners L.P. in its $10.5 billion acquisition by The Williams Companies Inc., its prior proposed $13.8 billion acquisition by The Williams Companies Inc. (resulting in receipt of a $428 million buyer termination fee), its $50 billion merger with Access Midstream Partners, L.P. and its $11.4 billion simplification of incentive distribution rights and general partner interest and related $1.8 billion private placement
• Conflicts Committee of Arc Logistics Partners LP in its sale to Zenith Energy U.S. LP and Warburg Pincus LLC
• Various private investments by Liberty Media Corporation and other associated companies
• Sunnova Energy Corporation in various acquisitions of distributions of distributed generation residential solar assets and loans
• Chesapeake Energy Corporation in acquisitions and dispositions aggregating $2 billion in value, including the sale of upstream oil and gas assets in the Western Anadarko Basin to private equity investors and various sales of compression assets
• LINN Energy in its $2.3 billion acquisition of drilling assets from Devon Energy
• Ascent Capital Group in its merger with its subsidiary Monitronics International and the related Chapter 11 bankruptcy of Monitronics
• Qurate Retail Inc. in the disposition of its indirect stake in FTD Companies Inc.
• Independent directors of JDA Software Group in its $2 billion leveraged buyout by New Mountain Capital
• IBM in its $850 million divestiture of its point-of-sale technology business to Toshiba
• Lindsay Goldberg in its purchase from Lockheed Martin Corporation and other investors of Pacific Architects and Engineers Inc. and Defense Support Services
• Barnes & Noble in the joint venture and strategic investment by Microsoft in its NOOK business
• Civeo Corporation in its redomestication from Texas to British Columbia
• Various private businesses in deadlock resolutions with minority investors, including buyouts

Shareholder/Creditor Activism and Defense

• Travis has advised various public companies in public and private shareholder engagement advice including, among many others, Oceaneering, Bristow Group, Sunnova Energy, Equitrans Midstream, Halliburton, Brigham Minerals, Liberty Media Corp, Dr. Pepper Snapple Group, Dawson Geophysical Co, ONEOK, and Marathon Oil Company:
• Centuri Holdings, Inc. in its defense against Carl Icahn
• SeaDrill Ltd. in its defense against Elliott Management
• Sunnova Energy International in various creditor engagements and liability management transactions
• Lion Equity in the reorganization of Legacy Reserves LP
• Jones Energy, Inc. in its defense against Q Investments and Fir Tree Partners
• Ascent Capital Group in various creditor engagements and the Chapter 11 restructuring of Monitronics
• Zix Corporation in its defense against True Wind Capital
• Carrizo Oil & Gas in its defense against Kimmeridge Energy
• Civeo Corporation in its defense against JANA Partners
• Lyft, Inc. in its defense against Carl Icahn
• JDA Software Group in its defense against Elliott Management
• Linn Energy in various creditor engagements and liability management transactions
• Travis also has experience representing financial sponsors, founders, “reluctant activists” and financial activists in public and private engagements with companies. Beyond representing financial sponsors, select publicly disclosed engagements include:
• Founders of FREYR Battery (now T1 Energy) and Teknovest AS in a successful cooperation agreement and related arrangements with FREYR Battery, resulting in CEO replacement and three new independent directors joining the board
• Mark Tkach and William Coulter in a successful settlement of a proxy contest to replace management and a board majority of RumbleOn, to whom they had sold a company they founded
• Jayhawk Capital in a successful cooperation agreement with Global Cord Blood
• Fondren Capital in various investments

Capital Raises/Investments

• Constellation Energy Corp in its $1 billion U.S. Department of Energy loan for the Crane Clean Energy Center nuclear facility at Three-Mile Island
• Black Bayou Energy Hub in various corporate and structured financings with Mercuria and other sponsors to enable the construction and operation of the Black Bayou Gas Storage Project, an underground natural gas storage facility in Cameron and Calcasieu Parishes, Louisiana.
• Northwest Natural Holding Company in various debt and equity offerings, including a $185 million unsecured senior notes private placement by its subsidiary SiEnergy, a regulated gas utility in Texas
• Sunnova Energy International, Inc. in its initial public offering and subsequent follow-on common stock offerings and PIPE private placements of convertible notes
• Sunnova Energy International, Inc. in more than a dozen securitizations of residential solar assets, tax equity interests, renewable energy credits and tax attributes, including a $3 billion Department of Energy loan guarantee (the first-ever DOE loan guarantee of a securitization), its first asset-backed securitization collateralized by a pool of distributed generation solar assets, its first loan-backed securitization collateralized by a pool of consumer loans and its first delayed-draw private placement securitization facility layered over tax equity facilities
• Various parties to SPAC IPOs and DeSPAC transactions, including Liberty Media in its inaugural SPAC initial public offering of Liberty Media Acquisition Corp., the first public-company-sponsored corporate-finance SPAC; SHUAA Partners Acquisition Corp I in its $111 million SPAC; the underwriters in Clean Earth Acquisitions Corp.'s $200 million SPAC IPO and the underwriters in Seaport Calibre Materials Acquisition Corp.’s $130 million SPAC IPO; and various investors in the $220 million de-SPAC of Anghami, a MENA-region music-streaming platform
• Private energy company in its securitization of oil and gas interests (private rating)
• Equitrans Midstream Corporation in its $5 billion spin-off from EQT Corporation
• Renewable energy company in various high yield bond and convertible bond offerings and subsequent liability management transactions
• Qurate Retail Inc. in its $2 billion dividend to public stockholders of a new class of cumulative redeemable preferred stock and cash
• Dr. Pepper Snapple Group in its $400 million private offering of senior notes and related $250 million tender offer and redemption of outstanding senior notes
• Renewable energy company in various private company financings, including Series A, B and C fundraising rounds, convertible notes and recapitalizations
• Carrizo Oil & Gas, Inc. in various debt and equity offerings, including its aggregate $300 million Delaware Basin asset acquisition financing (including a preferred stock PIPE private placement to GSO Capital Partners and registered offerings of senior notes and common stock), its $300 million senior notes private offering to finance an acquisition of Eagle Ford assets, its $550 senior notes offering and related tender offer and redemption of outstanding senior notes, and various other offerings of senior notes and common stock
• Jones Energy, Inc. in its public offering of convertible preferred stock and concurrent public offering of common stock
• McDermott International, Inc. in its PIPE private placement of $300 million of redeemable preferred stock and warrants
• Helix Energy Solutions Group in its $125 million public offering of convertible senior notes
• Linn Energy, LLC in its privately-negotiated exchanges of $2 billion outstanding senior unsecured notes for $1 billion of newly issued senior secured second lien notes and its $1.0 billion bridge term loan facility and $1.1 billion public offering of senior notes in connection with its $2.3 billion asset acquisition from Devon Energy Corporation
• Noble Corporation plc in its public offering of senior notes and related $750 million cash tender offer for outstanding senior notes
• Westlake Chemical in a $500 million senior notes offering
• Initial purchasers in the $1.45 billion private offering of senior secured second lien notes by Energy XXI Ltd
• Initial purchasers in the $1.50 billion private offering of senior notes by Sabal Trail Transmission, LLC
• Underwriters in Summit Midstream Holdings' $500 million public offering of senior notes and related cash tender offer for outstanding senior notes
• Initial Purchasers in an $800 million senior notes offering by Texas Eastern Transmission, LP, a subsidiary of Spectra Energy Partners, LP
• Initial purchaser and dealer manager in Chesapeake Energy Corporation's $2 billion public offering of senior notes and related tender offer/consent solicitation for outstanding senior notes and a $1.1 billion PIPE private placement of cumulative non-voting convertible preferred stock
• Crown Castle International, Inc. in securitizations of cell phone towers for an aggregate $3.4 billion of Senior Secured Tower Revenue Notes
• Underwriters in various common stock offerings, including Tesco Corporation, Core Laboratories