C. Craig Lilly

Craig is a leading legal advisor to strategics and private equity sponsors on domestic and cross-border technology acquisitions, mergers, divestitures, recapitalizations, consolidations, auctions, leveraged buyouts, and minority investments.

Experience

Representative matters

Represented ArtsAI in its sale to Claritas, LLC, a portfolio company of The Carlyle Group

Represented Persistent Systems, Inc. in its acquisition of MediaAgility, Inc., a multinational global cloud transformation services provider with deep expertise in enterprise cloud-native application development and modernization, analytics and AI, cloud engineering and migrations.

Represented Persistent Systems, Inc. in its acquisition of the assets of Data Glove, Inc. and it affiliates, a multinational Azure-based digital transformation company with expertise in data modernization, cloud advisory services, business application innovation, workspace modernization, and intelligent automation.

Represented ArtsAI in its sale to Claritas, LLC, a portfolio company of The Carlyle Group

Represented Amperex Technology Ltd. in a Series D preferred stock investment in Sila Nanotechnologies, Inc., a battery materials manufacturing company.

Represented Amazon with respect to several technology investments including investments in Twilio, WhoSay and Acquia.

Represented Bacchus Capital, LP, a California based private equity fund, with respect to multiple platform stock and related acquisitions.

Represented Birlasoft (CK Birla Group) with respect to a merger with KPIT Technologies and later split of the combined entity of KPIT and Birlasoft into two public companies, with one focused on automotive engineering and mobility solutions

Represented Daimler AG: multiple preferred stock investments in automotive technology companies including investments in Proterra, Inc., an electric bus and energy storage company.

Represented Engie New Ventures with respect to a preferred stock investment in CZero, Inc., a developer of technology for decarbonizing natural gas.

Represented Evergrande Heath with respect to a $2B merger transaction and investment in Faraday Future, Inc., a developer of electric cars, and later acquisition of a division.

Represented Foxconn with respect to an asset acquisition of the fiber optics division of Avago Technologies (now known as Broadcom).

Represented Fluid Truck, Inc. with respect to its Series A preferred stock financing and secured debt financing.

Represented a sovereign wealth fund with respect to a preferred stock investment in Uber Technologies, Inc., a multinational ride-hailing and mobility company.

Represented Honex Interactive Industries LLC, a leading software company for automotive suppliers and services, with respect to the sale of its assets to Safelite Group, Inc.

Represented Lufthansa Cargo AG with respect to a Series A preferred stock investments in Fleet Logistics, Inc., a leading transportation logistics company.

Represent Marizyme, Inc. with the stock acquisition of My Health Logic, a lab-on-chip technology developer for hand-held devices to provide rapid point-of-care diagnosis of chronic kidney diseases.

Represented Persistent Systems, Inc. in its acquisition of Software Corporation International (SCI) and its affiliate, Fusion360, specializing in payment solutions, integration, and financial support services.

Represented Persistent Systems, Inc. in its stock acquisition of Capiot Software, Inc., an information technology company specializing in business intelligence and cloud solutions.

Represented Persistent Systems, Inc. in its acquisition of the digital transformation division of Shree Partners.

Represented The Danville Group (doing business as Rootstock Software), a leading provider of cloud-based enterprise resource planning, with respect to the sale to a private equity fund.

Represented The Wheatsheaf Group and TriStrata Group with respect to the acquisition of a transportation logistics company.

Represented Purfresh, a portfolio company of a private equity sponsor, a door to door transportation system that combines ozone generation capabilities, real-time monitoring and controlled atmosphere, with respect to equity and debt financing.

Represented a private equity fund in the stock acquisition of a developer, manufacturer and distributor of pharmaceutical products and supporting services.

Represented a private equity sponsor with respect to multiple platform and add-on stock acquisitions in the transportation industry.

Represented a private equity sponsor with respect to multiple platform and add-on stock acquisitions in the TMT and business services industries.

Represented 7 Global Capital with respect to multiple venture investments including a Series A preferred stock investment in The Mom Project.

Represented Tencent Holdings Limited with respect to numerous preferred stock investments including investments in Flutterwave, Inc., Wonderstorm, Inc. and Kindred Systems Inc.

Credentials

Education

University of Oklahoma, 1990, J.D., Order of the Coif
University of Oklahoma, 1987, B.B.A., with distinction

Professional admissions & qualifications

California
Texas

Professional affiliations

American Bar Association – Member
California State Bar Association – Business Law Section
Texas Bar Association – Business Law Section
Association for Corporate Growth – Silicon Valley, Board Member, and Co-Chair, ACGSV M&A Circle
Financial Executives International – Silicon Valley Chapter, Advisor and Co-Chair, Transaction Affinity Group Committee
American Bar Association – Committees on Negotiated Acquisitions, Private Equity, M&A Trends, Corporate Governance, and Institutional Investors
The Venture Capital – Private Equity Roundtable – Member and Advisor
Stanford University (2013-2015) – Advisory Board Member, Law, Science and
Technology
American Bar Association – California Reporter, Committee on State Regulation of Securities (2006-2010)
Texas Business Law Foundation – Former Legal Advisor