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Novomatic, an International Gambling Company Acquires San Francisco-based Present Creative

Sullivan represented Novomatic digital division Greentube in its acquisition of San Francisco-based Present Creative. Novomatic, an international gambling company, has announced its intention to expand into the U.S., and Sullivan serves as M&A deal counsel. Greentube’s acquisition of Present Creative, Greentube’s first US acquisition, was completed in November 2022. The acquisition will see Greentube further expand its presence in the U.S., where it has made significant inroads over the last 12 months, with the supplier bolstering its local product offering.

Benjamin J. Armour and Johanna Colpritt

Casino Roulette with Ball on Number 23

Artificial Intelligence Company Advised in Growth Financing

Sullivan represented Impact Analytics Inc. in its $5.5 million growth financing round led by Argentum Capital Partners. The company unites artificial intelligence with human validation that brings machine learning to the forefront of data-driven business decisions.

Lewis N. Segall and Johanna Colpritt

Young businesswoman looking at smartphone in spaceship like corridor

Neural Input Technology Company, Wearable Devices Ltd. IPO

Sullivan represented Wearable Devices Ltd., a growth company developing a non-invasive neural input interface technology in the form of a wrist wearable band for controlling digital devices using subtle finger movements for B2B and B2C customers, in its $16 million initial public offering. Wearable Devices is based in Israel and aims to create a world in which the user’s hand becomes a universal input device for touchlessly interacting with technology, and that their technology is setting the standard input interface for the Metaverse.

Howard E. Berkenblit, Oded Har-Even, Tamilla Nurizada and Ilana Neck Levin

Environmental Technology Company Acquires a Leading Industrial Air Filtration Company

The environmental technology company, Nederman Holding AB, represented by Sullivan, recently acquired a leading industrial air filtration company RoboVent, significantly strengthening its North American position by becoming the number one player within the U.S. weld fume extraction segment. Sullivan has provided acquisition advice to Nederman since 2017. Sullivan’s Environment & Natural Resources group handled preparation of environmental provisions of the purchase agreement and disclosure schedules and advised as to regulatory compliance at the target company.

Michael J. Student, Avinash R. Rao, Amy E. Sheridan, Erika L. Todd, Douglas S. Stransky and Ida J. Vanto

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