Louis Lehot

Attorney Profile

Top Rated Mergers & Acquisitions Attorney in Palo Alto, CA

Foley & Lardner LLP
975 Page Mill Road
Palo Alto, CA 94304-1013
Phone: 650-272-3612
Fax: 650-856-3710
Selected to Super Lawyers: 2021
Selected to Rising Stars: 2011 - 2012
Licensed Since: 2006
Practice Areas: Mergers & Acquisitions (80%), Business/Corporate (20%)
Languages Spoken: English, French
Attorney Profile

As a partner at Foley & Lardner LLP, Louis Lehot handles legal matters related to private equity and venture capital, mergers and acquisitions, and transactions for emerging and established businesses in innovative industries such as technology, life sciences, clean energy and health care. He represents global and domestic clients, many of which come from San Francisco, California, as well as Palo Alto, Silicon Valley and Los Angeles. Clients value his open, regular communication, his focus on understanding their businesses and objectives, and his use of legal technology tools to drive strategies and solutions that make sense. Louis is fluent in French as well as English and during his 20-year legal career, he has worked in London, Paris, New York and Silicon Valley. He earned his Juris Doctor at Boston College Law School and is admitted to practice in California and New York.

To assist his clients in realizing their objectives, Louis brings to bear a broad array of legal and business instruments, processes and strategies, from formation to liquidity. He guides emerging private companies as they secure venture capital financing, prepare for IPO or de-SPAC, and navigate the exit. His domain experience in public offerings and private placements of equity, equity-linked, and debt securities, mergers, acquisitions, dispositions, spinoffs, strategic investments, and joint ventures, as well as corporate governance and securities law compliance matters, serves his clients well. Additionally, Louis regularly represents US and non-US registrants before the SEC, FINRA, NYSE and NASDAQ.

Prior to joining Foley, Louis was the founder of a Silicon Valley boutique law firm—L2 Counsel. He also previously served as the co-managing partner and co-chair of the emerging growth and venture capital practice of a global law firm in Silicon Valley. 

Prior to law school, Louis studied at the Institut d’Etudes Politiques de Strasbourg and finished his degree in international relations. At Georgetown University, he earned a Bachelor of Science in Foreign Studies with a major in international law in 1994. 

In 2017, Louis was appointed to Boston College Law School’s Business Advisory Council. Louis has been a two-time faculty member at the world renowned Stanford Directors’ College. He is a former advisory board member for the Silicon Valley Directors’ Exchange and is actively involved with several professional organizations, including the Silicon Valley Association of General Counsel, the French-American Chamber of Commerce of San Francisco, the Churchill Club Silicon Valley Chapter, the Securities Law and Corporate Committees of the Association of Corporate Counsel, and the Business Law Committee and the Negotiated Acquisitions Committee of the American Bar Association.

In 2021, Chambers USA: America's Leading Lawyers for Business, ranked him among top practitioners for Venture Capital - California, quoting a source as saying, "His legal advice is superb, he has a very good understanding of all of the legal aspects of investing, he has strong business acumen and offers strong business advice." "Louis personally ensures quality, efficiency and value on every transaction we work on."

Practice Areas
  • 80%Mergers & Acquisitions
  • 20%Business/Corporate
Focus Areas

Business Formation and Planning, Business Organizations

Selections

1 Years Super Lawyers
2 Years Rising Stars
  • Super Lawyers: 2021
  • Rising Stars: 2011 - 2012

About Louis Lehot

Admitted: 2006, New York

Professional Webpage: https://www.foley.com/en/people/l/lehot-louis

Educational Background

  • BSFS, cum laude, International Law, Georgetown University, School of Foreign Service, 1994
  • Bishop O’Dowd High School, 1990
  • CEP, honors, International Relations, Sciences Po Strasbourg, 1993 (Louis is fluent in French)
  • J.D., cum laude, Boston College Law School 2000

Scholarly Lectures/Writings

Verdicts/Settlements

  • The underwriters in convertible bond and call spread transactions with SanDisk (2006)
  • Northrop Grumman, France Telecom, Orange, STMicroelectronics, Rhodia, ALSTOM and Dassault Systemes SA in multiple capital markets transactions for ordinary shares, high yield bonds, convertible bonds, exchangeable bonds and other instruments, as well as in public reporting and SEC compliance
  • Lawson Software in its convertible bond offering and call spread transactions (2007)
  • The underwriters in POSCO’s offering of exchangeable bonds (2008)
  • Micron Technology in public offerings of convertible bonds (2007 and 2009)
  • GLG Partners in private placements of convertible bonds (2009)
  • Represented underwriters in AMIS Holdings’ public offering (2007)
  • OpenTable in its follow-on offering (2009)
  • Represented underwriters in Heckmann Corporation’s SPAC IPO and financial advisors in its subsequent de-SPAC transaction (2007-2008)
  • CBRE in multiple capital markets transactions
  • Represented underwriters, Micron (2009)
  • RealD in its IPO and follow-on offering (July and December 2010)
  • LegalZoom in its attempted IPO (2012)
  • doc.ai and founders in combination with Sharecare and Falcon Capital Acquisition Corp (2021)
  • CHC Group, Ltd. in its IPO (2014)
  • SoftBank as selling holder in Guardant Health’s IPO and follow-on offerings (2018)
  • SoftBank as selling holder in 10x Genomics’ IPO (2019)
  • SoftBank as selling holder in Slack’s direct listing (2019)
  • Square Panda (AI for edtech, backed by Andre Agassi)
  • WineAccess (consumer internet, backed by Norwest Venture Partners)
  • WannaSplit (fintech)
  • Tuplejump (big data, sold to Cupertino based company)
  • Securly (security for edtech, backed by Owl Ventures and Defy Ventures)
  • Spire Bioventures
  • Proseeder (fintech)
  • GoodData (enterprise SAAS, backed by General Catalyst, a16z, Intel Capital and Visa Ventures)
  • Evernote (consumer internet, backed by Sequoia, Meritech and Morganthaler)
  • BankJoy (fintech) backed by Bessemer Venture Partners, CheckALT and SoftBank Opportunity Fund)
  • CheckALT (fintech, backed by Shai Stern)
  • Centric Software (PLM enterprise SAAS software backed by Dassault Systemes and Oak Investment Partners)
  • Bionure (life sciences)
  • APG Therapeutics (life sciences)
  • Adknowledge Inc.
  • Aquis (beauty-tech)
  • Mighty Capital, X Ventures, BlueShirt Ventures, v2 Ventures, Second Peak and other venture capital funds in formation and fund management matters
  • Accel Andreesen Horowitz, Foundation Capital, General Atlantic, Nautilus Venture Partners, Oak Investment Partners, Propel Ventures and numerous other venture capital firms in making early- to late-stage venture capital investments in technology, life sciences, med-tech, med-device, healthcare and clean energy businesses
  • AIG, Atomico, CBRE, GE Ventures, Hanwha Q Cells, Lenovo, MS&AD Ventures, Next47, OSRAM, Robert Bosch, salesforce Ventures, Siemens and numerous other corporate venturing groups in making strategic investments in technology and healthcare businesses
  • LG Technology Ventures in its initial fund formation and in over a dozen early- to late-stage investments in technology businesses
  • Samsung Ventures in dozens of early- to late-stage investments in technology, healthcare and life science businesses, managing the portfolio and subsequent monetization transactions
  • SoftBank Vision Fund in growth equity investments in Zymergen, Alto Pharmacy, Wag Labs, Slack, Guardant Health, 99 Taxis and 10X Genomics
  • NEA in seed and follow-on investments in Robinhood, ScoutRFP (sold to Workday), Automation Anywhere (largest Series A transaction ever at $265M) and dozens of other transactions for over a decade
  • Vivo Capital in growth equity investments in Maculogix, Harmony Biosciences and Green River
  • Riverwood Capital in growth equity investments in Druva, CloudVirga and Sauce Labs
  • Credit Suisse as financial advisor in Heckmann Corp’s de-SPAC transaction with China Water & Drinks
  • CVC, Elevation Partners, Hellman & Friedman, Hony Capital, Riverwood Capital, Silver Lake Partners, Softbank, Symphony Technology Group, and TPG in leveraged buyouts, growth equity and venture investments
  • AOL LLC (now known as OATH), in the acquisitions of Sphere Source, Inc. and Goowy Media Inc.
  • Stackstorm in its sale to Brocade (now part of Broadcom, NYSE: BDCM)
  • The special committee of the board of directors of Tongjitang Chinese Medicines, an NYSE-listed public company, in negotiating an agreement and plan of merger with a bidder group led by its chairman and Fosun Industrial in a going-private transaction (recognized by China Business Law Journal as 2012’s Going Private Deal of the Year)
  • MetricTest in its sale to Microlease (now part of ElectroRent)
  • Adotube in its sale to Exponential Interactive
  • Tuplejump in its formation and subsequent sale
  • Kerensen Consulting in its sale to salesforce.com (NYSE:  CRM)
  • Centric Software, a global enterprise SAAS PLM company (backed by venture capital firms Oak Investment Partners and Fung Capital) based in Silicon Valley in the sale of a majority stake to Dassault Systemes SE, a French public company listed on Euronext Paris, in a cash and stock deal
  • Docea Power SAS in its sale to Intel (NYSE:  INTC)
  • Tecan Group AG (SIX:  TECN) in its acquisition of SpeWare Corp.
  • Symphony Technology Group and Bond International Software in the acquisition of Erecruit
  • Sanpower Group Co., Ltd., one of the largest privately owned conglomerates in China, on its entry into a definitive agreement to acquire Dendreon Pharmaceuticals, Inc. for US$819.9 million
  • China-based white goods company in a significant PRC market-access joint venture with a US industrial manufacturing company
  • #bigtech company in a confidential joint venture with a large China-based company in a significant market- access joint venture for the PRC
  • CVC and QA Analytics in its buyout of Cloud Academy
  • Binatone Global in its acquisition of the companion products business of Motorola Mobility
  • CheckALT LLC in the acquisitions of ERAS from Diebold (NYSE: DBD) and Klike Technologies from MUFG Union Bank
  • Penn National Gaming (NYSE: PENN) in acquisition of Rocket Games
  • SoftBank Group International in the sale of 99 Taxis, the largest ride sharing company in Brazil, to Didi
  • Juniper Networks, Inc. (NYSE: JNPR) in acquisitions of Appformix, Aurrion, Cyphort and in other strategic transactions
  • doc.ai Incorporated, the digital health transformation company, in negotiating strategic investment, commercial and licensing deals with Anthem, and in its subsequent 2021 sale to Sharecare and pending combination with Falcon Capital Acquisition Corp
  • Avnet (NASDAQ: AVT) in acquisitions of Dragon Innovation and Solaris and in numerous strategic investments in technology businesses
  • CBRE Group, Inc. (NYSE: CBG) in dozens of acquisitions over the past decade for regional real estate brokerages, property management businesses, technology platforms and adjacent services, including Floored.com, Forum Analytics, Brenner Real Estate Group, Capstone Financial, Skye Group, CAC Group, Fameco, KLMK Group, U.S. Equities, UCR and many more
  • Riverwood Capital in its buyout of Forecast5 Analytics and numerous other attempted buyout deals
  • Semarchy, the Intelligent Data HubTM company and a disruptive provider of master data management software, in a significant investment from funds advised by Providence Strategic Growth (“PSG”), the growth equity affiliate of Providence Equity Partners
  • 174 Power Global, the power project development arm of Hanwha Energy Corp., in negotiating a joint venture with Total SE to produce 1.6 GW of industrial renewable power and battery storage projects in North America
  • Flurosat, a crop science company, in its all-stock acquisition of soil health startup Dagan to form Regrow Agriculture focusing on resilient agriculture solutions

Representative Clients

  • STMicroelectronics NV (NYSE: STM), Technip, Rhodia, Orange and many more
  • Sanpower Group Co., Ltd.—Provided buy-side acquiror counsel to Sanpower in its acquisition of Dendreon Pharmaceuticals, Inc. from Valeant Pharmaceuticals, a transaction valued at approximately $900 million. Sanpower Group Co., Ltd., is one of the largest privately owned conglomerates in China., 2017
  • SiRF Technology Holdings, Inc. (NASDAQ: SIRF)
  • Seagate Technology (NASDAQ: STX)
  • Hanwha Q Cells (NASDAQ: QCELLS)
  • CHC Helicopter—CHC Group Ltd.—CHC Helicopter is a global helicopter services company, specializing in transportation to offshore oil and gas platforms, civilian search and rescue and air medical evacuation services, and helicopter maintenance repair and overhaul. Headquartered in Richmond, British Columbia, CHC operates more than 250 aircraft in 30 countries in the world. Served as issuer counsel in an NYSE IPO in 2014 and advised on a subsequent convertible preferred stock offering to Clayton Dublier and Rice as well as on high-yield bond issuances., 2014
  • Kerensen—Served as sell-side M&A counsel to Kerensen in its acquisition by Salesforce (NYSE: CRM), the largest CRM company in the world., 2015
  • CSR plc—CSR plc, sold to Qualcomm (NASDAQ: QCOM). CSR is a UK-based designer and developer of silicon and software for the consumer electronics market. Represented SiRF Technologies, Inc., in its sale to CSR plc (UK) and then represented CSR in multiple acquisitions and investments prior to its sale to Qualcomm (San Diego)., 2015
  • Docea Power—Served as sell-side M&A counsel to Docea Power in its acquisition by Intel Corporation, the global public semiconductor company listed on the NASDAQ stock market., 2015
  • 99 Taxis—Represented SoftBank in making a significant round of growth equity financing in Brazil's leading ride-sharing company. Negotiated the sale of 99 Taxis to Didi, the China-based ride-sharing company, in an all-share transaction at a significant multiple., 2018
  • Tecan Group AG—(SIX: TECN)—Tecan Group AG is a Switzerland-based global provider of automated laboratory instruments and solutions. Represented Tecan in its acquisition of Speware Corp. and numerous transactions., 2016
  • Penn National Gaming, Inc.—(NASDAQ: PENN)—Penn National Gaming, Inc. is a diversified owner and manager of gaming facilities in the United States and Canada, many of them under the Hollywood Casino brand. Provided buy-side acquiror counsel to Penn in its acquisition of Rocket Games, Inc., a leading developer of social casino games based in San Francisco, California., 2016
  • StackStorm—Provided sell-side counsel to StackStorm in its acquisition by Brocade, a public semiconductor company now a subsidiary of Broadcom., 2016
  • Juniper Networks (NYSE: JNPR)—Represented Juniper Networks in its acquisitions of AppFormix, Inc.; Aurrion, Inc.; and Cyphort., 2017
  • Avnet—(NASDAQ: AVT)—Avnet, Inc., is a distributor of electronic components headquartered in Phoenix. Represented Avnet in buy-side M&A in the acquisitions of Solera and Dragon Innovation and in corporate ventures (e.g., investments into FIT, Otava and many more), litigation, regulatory affairs, intellectual property and more., 2017
  • DoubleBeam—Served as outside general counsel to the company, enabled numerous financings, and provided sell-side M&A counsel to DoubleBeam in its sale to Verifone, a global public fintech and payment processing company., 2018
  • Brioche Pasquier, S.A.—A multi-billion dollar French baked goods company with global operations. Represented Brioche Pasquier in its acquisition of Galaxy Desserts, Inc., of Richmond, California, and have served as its outside general counsel for a decade., 2021
  • Centric Software—Represented Centric, a Silicon Valley-based global enterprise SaaS PLM company (backed by venture capital firms Oak Investments and Fund Capital), in the sale of a majority stake to Dassault Systems SE, a French public company listed on Euronext Paris, in a cash and stock deal., 2018
  • Dasan Zhone—(NASDAQ: DZSI)—Represented Dasan Zhone, a provider of telecommunications networking equipment headquartered in Oakland, California, in its acquisition of KEYMILE, a leading solution provider and manufacturer of telecommunication systems for broadband access., 2019
  • Semarchy SAS and Semarchy, Inc.—Represented the intelligent data hub company in its sale to Providence Strategic Growth, the growth equity arm of Providence Equity Partners., 2020
  • Binatone Global—Represented Binatone in buy-side M&A (acquisition of companion products division of Motorola Mobility and Kaishei from BCGDV) as well as in negotiating rounds of investment, among other matters. Based in Hong Kong, Binatone Global has been creating leading-edge consumer electronics for more than 60 years., 2021
  • Affiliates of the Samsung Group—Provided counsel to affiliates of the Samsung Group to deploy, manage and harvest capital from corporate venturing investments in electronics, biotech, biometrics, semiconductors, composite materials, mobile, fintech, adtech, consumer internet and security sectors., 2021
  • 174 Power Global—174 Power Global is the renewable energy power generation and development affiliate company of Hanwha Group, a leading South Korean chaebol. Represented affiliates of Hanwha as buy-side and sell-side M&A counsel, advising on corporate venturing investments, project development, sale of projects, and joint venture. Served as co-counsel for 174 Power Global in its joint venture with an affiliate of French energy conglomerate Total in January of 2021., 2021
  • Doc.ai—Acted as legal advisor to doc.ai in its acquisition by Sharecare, the digital health company that helps people manage all their health in one place., 2021
  • CBRE Group—(NYSE: CBG)—Regularly represent CBRE Group, Inc., the world's largest commercial real estate platform, in its M&A program, as well as numerous corporate venturing investments, partnerships and other transactions for 15 years. Have served as buy-side acquiror counsel in more than 15 acquisitions, including the acquisitions of Floored.com, Forum Analytics, Brenner Real Estate Group, Capstone Financial, Skye Group, CAC Group, Fameco, KLMK Group, U.S. Equities, UCR, and many more real estate brokerages, asset management, product bolt-on and technology businesses., 2021
  • SoftBank Vision Fund—Represented SoftBank, a growth capital and late-stage startup investment fund headquartered in London and focused on global AI trend companies, in making investments and bringing assets to market—Slack, Guardant Health, 99 Taxis, ScriptDash, Zymergen, 10x Genomics, Petuum, Fungible, Alto Pharmacy, Wag! and many others., 2021

Bar/Professional Activity

  • The Silicon Valley Association of General Counsel
  • Former advisory board member, The Silicon Valley Directors’ Exchange (SVDX)
  • The Association of Corporate Counsel, Bay Area Corporate and Securities Law Committee
  • American Bar Association, Business Law Committee, Subcommittee on Negotiated Acquisitions
  • The French-American Chamber of Commerce of San Francisco, Chamber of Commerce
  • New York Bar, 2001
  • California Bar, 2006

Pro bono/Community Service

  • The Churchill Club Silicon Valley Chapter

Honors/Awards

  • Listed in Chambers USA for Venture Capital - California, 2021
  • Listed in Chambers USA - Leading Equity and Debt Capital Markets, 2016, Chambers USA
  • Recognized by The Legal 500 US in the fields of mergers & acquisitions/corporate and commercial, The Legal 500 US
  • Selected for inclusion to Super Lawyer (M&A, 2021) and Rising Stars (2011-2012) lists by Super Lawyers Magazine, Super Lawyers
  • Selected as an Acritas Star, (2021), Acritas
  • Recognized as a “Power Player” (2012), Always On
  • Silicon Valley’s and San Francisco’s Leading Corporate Lawyers
  • Louis was named an advisory board member in 2016 by the Silicon Valley Directors' Exchange, in partnership with Stanford Law School's Rock Center for Corporate Governance., Advisory Board Member, Silicon Valley Directors' Exchange (SVDX), 2016

Industry Groups

  • AI-Artificial Intelligence
  • Analytics
  • Big Data
  • Clean Energy
  • Cybersecurity
  • Enterprise SaaS
  • Life Sciences
  • Quantum Computing
  • Technology
  • the Internet of Things

Comments

  • “ Louis is a rockstar partner with a bright future. He is responsive and has extensive experience in all areas of corporate law.”
  • “ Louis is a brilliant, practical business-minded, attorney who brings his vast experience, energy, and problem solving to each client engagement. ”
  • “ Louis is a great hands on partner--very responsive and looks for creative ways to achieve client goals.”

These comments were made by fellow attorneys during the annual nomination process.

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Office Location for Louis Lehot

975 Page Mill Road
Palo Alto, CA 94304-1013

Phone: 650-272-3612

Fax: 650-856-3710

Last Updated: 7/8/2021

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