Impresa Represents Cray in HPE Acquisition

A team of Impresa Counsel recently represented Cray, Inc. as the company – a global leader in supercomputing – entered a definitive agreement under which Hewlett Packard Enterprise (HPE) will acquire Cray. The deal is valued at approximately $1.3 billion and is expected to close by the first quarter of HPE’s fiscal year 2020, subject to customary approvals and conditions.

The Impresa team, comprised of Jesse Watters, Jeff Robinette, and Jill McDowell, advised Cray’s senior leadership and outside advisors on the merger with a particular concentration on government contracts and intellectual property aspects of the transaction.

As Cray’s President and CEO Peter Ungaro stated, the acquisition “is an amazing opportunity to bring together Cray’s leading-edge technology and HPE’s wide reach and deep product portfolio, providing customers of all sizes with integrated solutions and unique supercomputing technology to address the full spectrum of their data-intensive needs.”

Impresa Attorney Publishes First Book

Impresa is pleased to announce that litigator Rich Kelsey recently published his first book, Of Serfs and Lords, a critical analysis of what drives costs and skyrocketing student debt in higher education. The book identifies the root causes of the economic problems facing colleges and universities, and outlines many potential solutions for the industry and for students entering the market.

“A must-read for anyone concerned about higher education from the original educational consumer. In Of Serfs and Lords, Kelsey effectively nails his critique to higher education’s cathedral door. [Kelsey] launches a no-holds-bar, no-quarter-asked-or-given offensive on the educational establishment’s ruling elite. From the trenches, he issues a real-life, hard-learned warning to parents and prospective students alike, caveat emptor and watch your wallet.” Rob Bartenstein, Senior Managing Partner, Krestra Private wealth services.

The book is available on Amazon in the “Higher Education” category, rising has high as number 11 in that segment. Congratulations, Rich and we are eagerly awaiting your next literary success!

Impresa Attorneys Close Financing Package

In January, our attorneys, Stephen Candelmo and Jesse Watters helped a government contractor client close a $25 million credit and term loan facility with a major national bank. The facility was critical for this rapidly growing client to recapitalize, as well as provide working capital to expand its operations. The transaction was time sensitive and Impresa team was able to support the effort on an expedited basis by working through the holidays and close the transaction within 30 days from the signing of the commitment letter.

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Impresa Successful in GAO Bid Protest for IT Consulting and Solutions company

Impresa is proud to announce that during the Fall of 2018, Impresa attorneys successfully intervened in a GAO bid protest filed by an incumbent contractor relating to a recompetition for SPAWAR cybersecurity support services in Charleston, SC. Impresa’s Jason Matechak, Jill McDowell and Jeff Robinette worked closely with the U.S. Navy’s attorneys to successfully defend SPAWAR’s contract award decision to our client, AbleVets LLC, a service disabled veteran owned small business located in Chantilly, VA. The decision can be found here.

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