Lex Eley

Partner

Overview

Claud v.S. "Lex" Eley is a partner in Crowell & Moring's Corporate Group and has decades of international transactional, private equity, venture capital, and general corporate experience. Lex focuses his practice on domestic and international mergers and acquisitions, joint ventures, and business transactions. He has represented clients in global and regional transactions in the Americas, Europe, Asia, and Africa.

Lex’s transactional practice spans a variety of industries including government contractors, cybersecurity, information technology, consumer products, manufacturing and automotive. Lex's work for his clients is heavily weighted toward mergers and acquisitions, but has covered virtually all legal disciplines touching on his client's businesses. Lex served as outside general counsel to a pan-European manufacturing company for a number of years while he was resident in Europe.

In addition to his transactional practice, Lex serves as general outside counsel to high growth companies, providing guidance regarding the myriad issues these companies face in obtaining capital and bringing products and services to market, often in the cybersecurity and government contracting sector. Lex has developed and implemented various exit strategies enabling clients to monetize their investments through mergers, divestitures, and public offerings, and has implemented numerous corporate restructurings, reorganizations, and recapitalizations.

Career & Education

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    • College of William & Mary, B.A.
    • Emory University School of Law, J.D.
    • College of William & Mary, B.A.
    • Emory University School of Law, J.D.
    • District of Columbia
    • New York
    • Virginia
    • District of Columbia
    • New York
    • Virginia

Lex's Insights

Firm News | 1 min read | 02.14.24

Crowell & Moring Represents Rekor on Public Offering

Crowell & Moring advised Rekor Systems, Inc. (Nasdaq: REKR), in its $28.75M firm-commitment underwritten public offering of common stock, including exercise in-full of the over-allotment option granted by Rekor to the underwriters.

Representative Matters

  • Serves as outside general counsel to Rekor Systems, Inc. (NASDAQ:REKR) an AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities through intelligent infrastructure, including in connection with M&A transactions, fundraisings and other matters. 
  • Currently representing the founders of a leading drone detection business in connection with the sale of the company.
  • Advised Cobham Advanced Electronic Solutions in connection with the acquisition of a leading provider of radio frequency and high-performance computing solutions to complex defense and commercial systems.
  • Advised TT Electronics plc in connection with the acquisition of a government contracting business located in Covina, California producing power electronics for aerospace and defense customers.
  • Advised the owners of Iten Defense LLC, a manufacturer of high-performance composite armor products for the law enforcement and military protective markets, in connection with the sale of the company to a private equity firm.
  • Advised TT Electronics plc in connection with the acquisition of Torotel, a US-based public company, providing high-reliability power and electromagnetic assemblies and components for the aerospace and defense markets.
  • Advised ST Engineering Hackney, Inc. in a sale of assets including prototype vehicles and related designs, tooling, parts, and intellectual property in connection with the United States Postal Service procurement of prototypes for a next generation postal delivery vehicle to Workhorse Group, Inc.
  • Advised Sonoco Products Company (NYSE: SON), one of the world's largest diversified global packaging companies, on the acquisition of family-owned Weidenhammer Packaging Group, headquartered in Hockenheim, Germany, for US $383 million. The transaction was subject to regulatory review in Germany, the United Kingdom, and Russia and included 13 production facilities in ten countries.
  • Represented a well-known venture capital fund in connection with the formation of a portfolio company to initiate a roll-up of operators of data center collocation and “meet me room” facilities, involving equity contributions in excess of $100 million by the venture capital firm and its co-investors.
  • Represented a U.S. automaker in its divestiture of the global operations of two luxury automotive brands to a conglomerate from a developing country for approximately US $2.3 billion. The transaction also involved extensive automotive technology licensing, transition services, and long-term component supply arrangements.
  • Represented a global Russian mining and minerals enterprise in connection with its US $6.5 billion acquisition (initially hostile) of a Canadian-listed mining and minerals company in the then largest cross-border acquisition ever made by a Russian company.
  • Represented a major Russian automotive manufacturer in connection with the purchase of an operating automotive assembly line (including all relevant intellectual property rights) in the Detroit area from a "Big Three" U.S. automaker, the dismantling of the assembly line, its shipment to Russian, and its reassembly for production in Russia.
  • Represented a global Russian mining and minerals enterprise in connection with its US $408 million acquisition of the global nickel mining and refining operations of a U.S. public company.
  • Represented Sonoco Products Company (NYSE: SON), one of the world's largest diversified global packaging companies, in connection with the creation of a pan-European joint venture involving more than 40 industrial facilities in 18 European countries and the subsequent purchase of the interest held by the joint venture partner.

Lex's Insights

Firm News | 1 min read | 02.14.24

Crowell & Moring Represents Rekor on Public Offering

Crowell & Moring advised Rekor Systems, Inc. (Nasdaq: REKR), in its $28.75M firm-commitment underwritten public offering of common stock, including exercise in-full of the over-allotment option granted by Rekor to the underwriters.