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WASHINGTON (June 16, 2006) – Sutherland Asbill & Brennan LLP represented Patriot Capital Funding, Inc. in connection with the public offering of 3,600,000 shares of its common stock for total proceeds of $39.1 million, before underwriting discounts and commissions and estimated offering expenses.
Patriot Capital Funding, Inc. is a specialty finance company providing customized financing solutions to private equity sponsors focused on making investments in small- and mid-sized companies. Patriot Capital Funding typically invests in companies that have annual revenues generally ranging from $10 million to $100 million and that operate in diverse industry sectors.
The Sutherland team was led by partners Cynthia M. Krus and Harry S. Pangas and associate Lisa A. Morgan, all members of the firm's securities group.
Inquiries related to this transaction may be directed to Cynthia M. Krus, chair of the Sutherland Securities/Corporate Governance Group, at 202.383.0218 or firstname.lastname@example.org.
Sutherland Asbill & Brennan LLP is an AmLaw 100 law firm known for solving challenging business problems and resolving unique legal issues for many of the nation's largest companies. Founded in 1924, the firm has grown to more than 450 lawyers with offices in Atlanta, Austin, Houston, New York, Tallahassee and Washington. For further information about the firm, please visit sutherland.com.