Beagle Services Inc., represented by O&A, P.C., closed up to $5 million in Series A equity financing in July, reaching a key milestone in its growth as a software-as-a-service plumbing business.
Private equity firm Singh Capital Partners, based in Potomac, Md., led the Series A round, joined by Series Seed investors and others.
Licensed in 13 different states, Beagle is one of the largest corporate-owned plumbing companies in the United States. The Company’s goal is to wholly modernize plumbing services, with offerings such as teleplumbing, smart water sensors, and leak detection using IoT technology, in addition to providing all aspects of traditional plumbing services.
O&A represented Beagle in the Series A, negotiating on behalf of the company while drafting all transaction documents pursuant to the deal term sheet, creating the Series A Capitalization Table, and organizing all aspects of closing, prior to handling all relevant securities compliance.
O&A Senior Associate Attorneys Kevin Pasternak and Stephen Bush led the firm’s team with support from Associate Attorney Nicholas Ramos. Also key in completing the deal were Associate Attorneys Andrew Yang and Claudia Herrera, as well as the support staff at O&A.
“We were honored when Paul reached out asking us to represent Beagle in its Series A financing,” Bush said. “Working with Paul and all of the parties was a pleasure, and I’m happy we were able to get to the finish line in such a timely manner.”
“The O&A team was quick, responsive, and understood when to advocate and when to yield,” said Paul Vacquier, Beagle Services CEO. “They facilitated a process that allowed us to close our Series A very quickly and effectively. We were able to get back to our core strength: expanding our business.”
O&A is an elite team of attorneys committed to helping clients achieve their objectives — efficiently and effectively. The firm represents some of the biggest companies in technology and interactive entertainment, as well as some of the world’s most innovative entrepreneurs and emerging growth companies. Founded by Dan Offner, O&A specializes in venture and corporate law for technology and content. For more information, please visit https://oandapc.com/about-oa.