In the News

Haynes and Boone Advises Prophet Equity’s Allegiance Crane in Acquisition of USA Mobile Crane

DALLAS – A team of Haynes and Boone, LLP attorneys advised Prophet Equity’s portfolio company, Allegiance Crane & Equipment, LLC, in completing the asset purchase of USA Mobile Crane, LLC, expanding the client’s crane fleet and service lines in the Eagle Ford Shale play. >>



Dennis R. Cassell

Senior Counsel

Dallas


2323 Victory Avenue
Suite 700
Dallas, Texas 75219
T +1 214.651.5319
F +1 214.200.0788

Areas of Practice

Education

  • J.D., University of Houston Law Center, Book Review Editor, Houston Law Review
  • B.S., Business Administration, Colorado State University

Bar Admissions

  • Texas
Dennis R. Cassell

Dennis Cassell has extensive experience assisting a broad spectrum of domestic and international clients with complex business transactions. His practice is focused primarily on negotiated and hostile mergers and acquisitions, business divestitures and the restructuring of business organizations in both public and private transactions. Dennis is AV® Peer Review Rated Preeminent by Martindale-Hubbell® Law Directory.

Recent transactions in which Dennis has participated include his representation of: 

  • Allegiance Crane & Equipment, LLC in its acquisition of the assets of USA Mobile Crane, LLC.
  • Frigelar Comercio e Distribuicao S/A, a Brazilian entity, in its inbound acquisition of the assets of Jovan Corporation d/b/a Johnstone Supply.
  • Prophet Equity L.P. in its bankruptcy acquisition of the assets of Gulfstream Crane, LLC.
  • Prophet Equity L.P. in its acquisition of the stock of Ace Asphalt of Arizona, Inc.
  • Altec Lansing LLC in its Australian acquisition of the assets of Avega Systems, Inc.
  • Altec Lansing LLC in its bankruptcy acquisition of the assets of Vestalife, LLC.
  • Prophet Equity L.P. in its acquisition of the Altec Lansing division of Plantronics, Inc.
  • Trilogy, Inc. in its acquisition by tender offer of Versata, Inc., a publicly held computer software company.
  • Trilogy, Inc. in its acquisition of Artemis International Solutions, Inc., a publicly held computer software company.
  • Versata Enterprises, Inc. in its acquisition of Nextance, Inc., a privately held computer software company.
  • Versata Enterprises, Inc. in its acquisition of Gensym Corporation, a publicly held computer software company.
  • Versata Enterprises, Inc. in its acquisition of Clear Technology, Inc., a privately held computer software company.
  • Versata Enterprises, Inc. in its acquisition of Evolutionary Technologies International, Inc., a privately held computer software company.
  • Versata Enterprises, Inc. in its acquisition of Tenfold Corporation, a publicly held computer software company.
  • Versata Enterprises, Inc. in its acquisition of Nuvo Network Management, Inc., a publicly held Canadian computer services company.
  • Versata Enterprises, Inc. in its acquisition of Ecora Software Corporation, a privately held computer software company.
  • Consolidated Restaurant Companies, Inc., a restaurant holding company owning El Chico, Cantina Laredo, III Forks, Silver Fox, Cool River Café, Good Eats and Lucky’s, in the reorganization of its ownership structure and related financing transactions.

Selected Representative Experience


Acquisition of the Assets of USA Mobile Crane, LLC by Allegiance Crane & Equipment, LLC
Represented Allegiance Crane & Equipment, LLC, a subsidiary of Prophet Equity LP, in its acquisition of the assets of USA Mobile Crane, LLC.

Acquisition by Frigelar North America, Inc. of Four Johnstone Supply Locations from Jovan Corporation
Represented Frigelar North America, Inc. in its acquisition of four Johnstone Supply Locations from Jovan Corporation.

Gulfstream Crane, LLC Chapter 11
Representation of private equity firm in the Chapter 11 case Gulfstream Crane, LLC in the Southern District of Florida. The private equity firm, through a wholly owned subsidiary, acquired Gulfstream’s business and certain principle assets as the plan sponsor of Gulfstream’s plan of reorganization for consideration of approximately $40 million. Confirmation of the plan was difficult and complex. Gulfstream’s secured debt exceeded $80 million and was held by twelve different purchase money secured lenders that each held purchase money secured liens on specific Gulfstream cranes and other equipment. The firm assisted the private equity firm in its negotiations with Gulfstream, the twelve secured creditors, and the committee to acquire the necessary support to confirm the plan over the objections to confirmation lodged by the opposing members.

Gulfstream Crane Acquisition
Represented Prophet Equity LP in its acquisition, by an affiliate, of the assets of Gulfstream Crane, LLC out of bankruptcy.

Ace Asphalt of Arizona, Inc. Acquisition
Represented Prophet Equity LP in its acquisition, by an affiliate, of all of the stock of Ace Asphalt of Arizona, Inc.

Acquisition of Assets of Altec Lansing Division of Plantronics, Inc.
Represented Prophet Equity LP in its purchase of assets of Altec Lansing from Plantronics, Inc.

Acquisition of Ecora Software Corporation
Represented Trilogy, Inc. in its acquisition of Ecora Software Corporation.

Agreement and Plan of Merger
Represented Trilogy, Inc. in its acquisition of Tenfold Corporation.

Agreement and Plan of Merger
Represented  Versata Enterprises, Inc.  in its acquisition of Evolutionary Technologies International, Inc.

Agreement and Plan of Merger
Represented Trilogy, Inc. in its acquisition of Clear Technology, Inc.

Agreement and Plan of Merger
Represented Versata Enterprises, Inc. in its acquisition of NUVO Network Management Inc.

Agreement and Plan of Merger
Represented Trilogy, Inc. in its acquisition of Gensym Corporation.

Agreement and Plan of Merger
Represented Versata Enterprises, Inc. in its acquisition of Nextance Inc.

Agreement and Plan of Merger
Represented Trilogy, Inc. in its acquisition of Artemis International.

Acquisition by Tender Offer of Versata, Inc. by Trilogy, Inc.
Represented Trilogy, Inc. in its acquisition of Versata, Inc.

Memberships

  • State Bar of Texas, Business Law Section
  • American Bar Association, Business Law Section (Committee on Federal Regulation of Securities, Committee on Mergers and Acquisitions and Committee on Corporate Governance)
  • Dallas Bar Association