Murphy & King Represents Management Team of Big Belly Solar in Strategic RecapitalizationFebruary 6, 2020
Murphy & King, P.C. (“Murphy & King”) served as legal counsel to the management team of Big Belly Solar, Inc. (“Big Belly Solar”), the global leader in smart waste solutions based in Needham, Massachusetts, in connection with Big Belly Solar’s recently announced strategic recapitalization with McCarthy Capital (“McCarthy Capital”), a private equity firm based in Omaha, Nebraska. The new investment will support Big Belly Solar’s plans to expand its penetration of existing markets, including through its platform as a service subscription offering, while also developing new market opportunities in both the public and private sectors. In addition, the investment will support new product development, including expanding the system into a hosting platform for wireless communications technologies, to include 4G LTE and the rapidly growing 5G infrastructure.
The Murphy & King team that advised Big Belly Solar’s management team was led by David M. Shamberger, a Shareholder in Murphy & King’s Corporate Transactions Practice Group.
About Murphy & King, P.C.
Since 1980, Murphy & King, Professional Corporation has been “unraveling complexity” for its clients through prompt, practical and cost-effective solutions to the legal needs of individuals and businesses. From startup and incorporation, to maintaining day to day operations, to resolving internal and external disputes, Murphy & King attorneys are skilled at effectively and efficiently unraveling the inherent complexities of each client’s business to ensure that it can attain its maximum potential. The firm’s principal areas of practice are Business Litigation, Bankruptcy and Financial Restructuring, Corporate and Real Estate Transactions, and White Collar Defense and Internal Investigation. www.murphyking.com
About Big Belly Solar, Inc.
Big Belly Solar, Inc. is the world leader in smart waste and recycling solutions for public spaces. Deployed across communities, campuses and organizations in over 50 countries, the smart and connected Big Belly Solar waste and recycling system combines smart, solar powered, compacting stations with a cloud-based management platform to optimize waste operations. Customers experience up to 80% collection reduction in addition to cleanliness, operational, economic, and environmental gains with Big Belly Solar. www.bigbelly.com