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Andrew B. Freeman

Partner
Partner in Charge
Transactions
  • P 251.650.0885
    F 251.438.7733

Andrew “Andy” Freeman joined Adams and Reese in 2005 and now serves as Partner in Charge in the Mobile Office.

He counsels and advises clients in mergers and acquisitions, banking and finance, loan workouts, commercial property sales and purchases, forestry transactions, corporate restructurings, and in the drafting and negotiation of complex corporate transactions. His representative experience also spans the maritime and oil and gas industries.

His significant contributions include:

  • Representation of a private company in its sale of a $250 million++ business line consisting of approximately 100 tow vessels and barges in the inland liquid product transportation market in the Southeastern U.S., including tax structuring, employment and incentive counsel, HSR and related advice and counsel, the drafting of complex acquisition agreement and related closing documents. (Marine Transportation; Oil and Gas industry)
  • Representation of a high performance material manufacturer in its $170 million sale to a strategic private equity buyer, including diligence, tax structuring, HSR and related advice and counsel, and the drafting of complex acquisition agreement and related closing documents. (Manufacturing industry)
  • Representation of national stone product wholesaler and distributor in its $40 million acquisition of additional retail locations across the Southeast, including the relocation and expansion of its corporate headquarters, preparation of extensive non-competition and licensing arrangements for various states, drafting of complex acquisition agreement and related closing documents, and negotiation of acquisition financing, credit facility documents and related legal opinions. (Wholesale Stone industry)
  • Representation of a private equity group in its $20 million co-investment in a sawmill as a strategic platform add-on in the mid-south, including drafting of complex acquisition agreement and related closing documents, formation of acquisition subsidiaries and related structuring for the equity acquisition, title diligence and other real estate and environmental advice and counsel. (Private Equity; Forest Products industry)
  • Representation of a private equity group in several of its restructuring/spin-offs of various platform businesses, including formation of subsidiaries and preparation of inter-company contracts for restructuring and negotiation of sale agreement and related closing documents for spin-offs. (Private Equity; Forest Products industry)
  • Representation of a private equity group in its $33 million acquisition a lumber company in the southeast, including drafting of complex acquisition agreement and related closing documents, formation of acquisition subsidiaries, management/rollover equity investment company and related structuring for the acquisition, environmental, title diligence and other real estate advice and counsel. (Private Equity; Forest Products industry)
  • Representation of international agricultural company in its $25 million acquisition of a farm management software solutions company. (Agriculture industry)
  • Representation of food manufacturer in its $42.5 million sale of sauce division to a strategic buyer, including advice and counsel on intellectual property, real estate, and employment issues, and the drafting of complex acquisition agreement, IP license, lease agreement, supply agreement, transition services agreement, consulting agreement, and related closing documents. (Food Manufacturing industry)
  • Representation of construction supply company in various strategic acquisitions (avg $1M ea) to add retail locations to its national platform. (Construction Retail industry)
  • Representation of manufacturer in its $36 million sale of potato and bean divisions to a strategic buyer, including advice and counsel on intellectual property, real estate, and employment issues, and the drafting of complex acquisition agreement, IP license, non-competition agreement, and related closing documents. (Food Manufacturing industry)
  • Representation of an oil and gas services company in its $37 million joint venture with a private equity firm, drafting a complex acquisition agreement and related closing documents. (Oil and Gas industry)
  • Representation of a marine transportation company in its $455 million sale to a private equity firm, drafting a complex acquisition agreement and related closing documents. (Marine Transportation; Oil and Gas industry)
  • Representation of timberland investment management organization in its $120 million acquisition of timberland assets, including HSR analysis, negotiation of assumption of new market tax credit-based loans and related legal opinions, real estate and title diligence, and negotiation of acquisition agreement and related closing documents. (Finance; Forestry industry)
  • Representation of Lead Arranger/Administrative Agent/Lender in its $18.75 million syndicated credit facility for its borrower's construction of a healthcare facility. (Finance; Healthcare industry)
  • Representation of Lead Arranger/Administrative Agent/Lender in its $100 million syndicated credit facility for its borrower's construction of logistics/warehousing facilities. (Finance; real estate development industry)
  • Representation of borrower in negotiating its $60 million syndicated credit facility (Finance; Food Manufacturing industry)
  • Represented various financial institutions in vessel finance transactions (avg loan $1-7 million), including the bank’s acquisition of a vessel with bareboat charter back to the borrower. (Finance)
  • Representation of an oil and gas exploration development company in its credit facility restructuring out of bankruptcy and its subsequent $127.5 million public senior secured corporate note offering. (Finance; Oil and Gas industry)
  • Represented Borrower in a $54.6 million public senior secured corporate note offering (Finance; Oil and Gas industry)
  • Represented Borrower in a $25 million public senior secured corporate note offering add-on (Finance; Oil and Gas industry)
  • Representation of a shipping company in the negotiation of a construction agreement and loan documents for the construction of tanker vessels and implementation of a credit facility to fund the construction project. (Oil and Gas Industry)
  • Representation of a Fortune 100 company's financial services unit in its friendly foreclosure of oil and gas royalty collateral, and subsequent sale thereof. (Finance; Oil and Gas Industry)
  • Representation of multiple TIMOs and REITs in sales and acquisitions of hundreds of thousands of acres of forestry land, handling title services and the drafting of deeds and closing documents, and working closely with purchaser's counsel on various issues at closing. (Forestry Industry)
  • Representation of a Fortune 200 company in the sale of several million acres of forestry land, handling title services and the drafting of deeds and closing documents, and working closely with purchaser's counsel on various issues at closing. (Forestry Industry)
  • Negotiation on behalf of an Alabama municipality for the renewal of a long-term airport lease with its airport authority and other contract negotiations with municipalities.

Andy earned his J.D. from the University of Alabama School of Law, where he was a Senior Editor of the Alabama Law Review. He also graduated from the University of Alabama, earning his B.S. in Computer Science and B.A. in Political Science.

In his free time, he enjoys being outdoors on the water, golfing, exercising, traveling and watching Alabama football. He also likes participating in Jeep Jamboree off-road events.