Overview

Nancy Bostic is a corporate attorney in Holland & Knight's Houston office. Ms. Bostic focuses her practice on representation of public and private companies and private equity funds in securities issuances, acquisitions and dispositions of assets and equity, joint ventures, recapitalizations, financings and change-of-control transactions valued in the billions.

Ms. Bostic also has extensive experience negotiating complex partnership and limited liability company (LLC) structures. She frequently represents private equity funds and management teams/founders investing in, capitalizing or selling portfolio companies and counsels companies in strategic transactions. Her clients focus in the industry sectors of oil and gas, oilfield services, industrial, environmental and waste services, and manufacturing of chemicals and products. Ms. Bostic has counseled companies, private equity funds and management teams in transactions valued in excess of $10 billion.

Prior to joining Holland & Knight, Ms. Bostic was the practice group leader of mergers and acquisitions (M&A) and private equity for a Texas-based law firm.

Representative Experience

Oilfield Services, Waste and Industrial Services, Chemicals, Manufacturing, Renewable Energy, Healthcare and Technology Sectors

  • Counsel to an industrial services and waste transportation company and its founders in $300 million transaction involving 1) purchase by the company of a majority equity stake held by an exiting private equity fund, including earn-out and escrow arrangements, 2) sale by the company of a significant minority equity stake to a consortium of newly investing private equity funds, 3) $160 million term and revolving credit facilities and 4) recapitalization of the company to provide for governance, liquidity event structures and profits interests
  • Counsel to the sponsor of a special purpose acquisition company (SPAC) in the formation and capitalization of the sponsor and its role in the SPAC's $100 million initial public offering (IPO)
  • Counsel to an industrial and environmental services provider in a $65 million acquisition of all of the equity securities of a competitor, including a partial equity rollover by certain founders into the acquirer, and the restatement of term and revolving credit facilities in order to fund the acquisition
  • Counsel to a group of urgent care centers in an approximate $150 million equity recapitalization involving more than 60 equity owners
  • Counsel to management in the negotiation of a $100 million capital commitment by a private equity fund in a newly-formed partnership formed to invest in and provide development capital to renewable energy and energy storage projects in North America
  • Counsel to a private equity fund in its equity investment in Texas' leading turnkey solar energy installer of solar panels, backup power supply systems, power walls and solar battery systems for residential and commercial solar solutions
  • Counsel to founders of an environmental remediation, waste storage, transportation and disposal services company in $88 million sale of a majority equity stake to a private equity fund, including a part equity sale and rollover by the founders, earn-out arrangements and formation of a complex partnership to govern the newly formed parent company
  • Counsel to a provider of laboratory testing services for oil and gas wells, produced fluids and production and completion chemicals in $15 million recapitalization and investment by a private equity fund
  • Counsel to founders of oilfield services company serving petrochemical plants and refineries in $170 million recapitalization and investment by a private equity fund, including partial cash out and equity rollover by founders
  • Counsel to a drilling company in $45 million acquisition by a private equity fund
  • Counsel to an industrial services provider in $14 million acquisition of all of the stock of a competitor providing services to the refinery and petrochemical sectors
  • Counsel to founders of a leading manufacturer of mechanical refrigeration units that process natural gas in asset sale, recapitalization and investment by private equity fund
  • Counsel to publicly held company in sale of domestic liftboat fleet for $57 million
  • Counsel to a private equity fund in $70 million investment in a manufacturer of large-scale ethanol production facilities
  • Counsel to a private equity fund in $40 million acquisition of majority stake in an oilfield services company providing well site services
  • Counsel to a publicly held company in $950 million competitive bid to acquire a chemicals manufacturing company
  • Counsel to an oil and gas company in $40 million joint venture to develop, construct and operate natural gas compression units in the Gulf Coast region of the U.S.
  • Counsel to a private equity fund in $50 million acquisition of facilities that produce steam and electricity from municipal waste
  • Counsel to a purchaser in $20 million acquisition of a manufacturer and distributor of chemical "drag reducing agents" to reduce the friction of petroleum products as they travel through pipelines
  • Counsel to a steel mill services provider in $50 million equity and subordinated debt investment a private equity fund
  • Counsel to a privately held crane and rigging company in sale by founders for $50 million
  • Counsel to a private equity fund in a roll-up joint venture transaction to own and operate retail sign companies

Exploration and Production (E&P) Sector

  • Counsel to a management team in connection with negotiating a $100 million capital commitment by management and a private equity fund in a newly formed partnership formed to acquire, hold and sell mineral interests
  • Counsel to a management team in connection with negotiating a $400 million capital commitment by management and a private equity fund in a newly formed partnership formed to acquire, hold and sell mineral interests
  • Counsel to an independent exploration and production (E&P) operator in a $50 million joint venture with a private equity fund to acquire and operate E&P assets
  • Counsel to a mineral and royalty interest acquisition company focused in the Permian Basin in $25 million recapitalization and investment by an oil and gas-focused private equity fund
  • Counsel to a privately held company in $200 million joint venture transaction to finance the drilling and operation of deep onshore gas wells in Louisiana; drafted private placement memorandum, subscription agreement, limited liability company (LLC) agreements, asset contribution agreement, exploration agreement and indemnification agreement
  • Counsel to a privately held company in the sale of Eagle Ford shale assets for $3.5 billion
  • Counsel to a private equity fund in $400 million preferred equity investment in a partnership with a publicly held company which owns and develops oil and gas assets in Ohio's Utica Shale
  • Counsel to a privately held company in $400 million investment by a private equity fund in a newly formed partnership to own and develop oil and gas properties in the Eagle Ford Shale
  • Counsel to a private equity fund in $40 million equity investment in in a privately held company to fund the exploration, development and sale of oil and gas in the Illinois basin
  • Counsel to a privately held company in $150 million equity investment by a private equity fund for 49 percent stake in a partnership that owns and operates a floating oil and gas production unit
  • Counsel to a publicly held company in $650 million sale of U.S. oil and gas assets (producing and nonproducing crude oil reserves)

Midstream Sector

  • Counsel to a publicly held company in $850 million transaction to form a partnership with another publicly held company to finance, construct and operate a 550-mile pipeline to transport crude oil from Colorado to Oklahoma
  • Counsel to a publicly held company in purchase by another publicly held company of a 20 percent equity interest in a partnership to construct and operate the above $850 million, 550-mile crude oil pipeline
  • Counsel to a midstream privately held oil and gas company in $1 billion sale of crude oil and condensate gathering and transportation pipeline systems to a consortium of private equity funds, and simultaneous formation and funding of a joint venture with those private equity funds to own and operate the systems
  • Counsel to a privately held company in $300 million joint venture with a publicly held company to construct new gathering pipeline infrastructure and natural gas liquids (NGL) processing facilities to support natural gas production in the Utica Shale region of northeast Ohio and western Pennsylvania
  • Counsel to a publicly held company in $870 million competitive bid to acquire offshore jetty platforms and a tank farm for crude oil, fuel oil and refined petroleum products
  • Counsel to a publicly held company in acquisition of a midstream energy services provider to producers and consumers of natural gas, natural gas liquids and crude oil

Credentials

Education
  • New York University School of Law, LL.M., Taxation
  • Pepperdine University School of Law, J.D.
  • Tufts University, B.A.
Bar Admissions/Licenses
  • California
  • Texas
Memberships
  • Houston Bar Association
  • Association of Corporate Growth (ACG), Board of Directors, 2015-2021; Prior Private Equity Uncorked Co-Chair and Member, Deal of the Year Committee; Women's Forum Founder and Chairperson, 2013-2017
  • Texas Wall Street Women, Board of Directors, 2013-2015
Honors & Awards
  • Top Lawyer in Houston, Houstonia Magazine, 2019-2023

Publications

Speaking Engagements

News