Joanna HeibergSutton

Associate

Atlanta + 1.404.581.8992

Joanna Sutton's practice is focused on M&A, corporate governance, and general corporate matters. She advises public and private companies on domestic and cross-border mergers, acquisitions, investments, and divestitures of all sizes as well as takeover preparedness, shareholder activism, ESG (environmental, social, and governance) oversight, and board self-assessments.

Joanna has represented clients in a wide range of industries including food, energy, textiles, chemicals, and technology. Her representative clients in recent matters include Flowers Foods, GRA Venture Fund, Milliken & Company, Newell Brands, Roper Technologies, and The Southern Company.

Joanna also advises early and growth stage companies on formation, equity and debt financings, and general corporate matters.

Joanna is a member of the Washington and Lee Law Council.

Experience

  • M&A
  • Roper Technologies sells TransCore to Singapore Technologies Engineering for $2.68 billionJones Day advised Roper Technologies, Inc. in the sale of TransCore Partners, LLC and TLP Holdings, LLC to an affiliate of Singapore Technologies Engineering Ltd. for $2.68 billion in cash, subject to customary purchase price adjustments.
  • Newell Brands sells the Connected Home & Security business to Resideo TechnologiesJones Day advised Newell Brands Inc. in the $593 million sale of the Connected Home & Security (CH&S) business to Resideo Technologies, Inc.
  • Milliken & Company acquires Encapsys, LLCJones Day advised Milliken & Company in its acquisition of Encapsys, LLC, a world leader in microencapsulation delivery systems for the building, construction, paper, bedding and personal care industries.
  • Husqvarna acquires Orbit IrrigationJones Day advised Husqvarna AB on the acquisition of Lunar Holding Corporation ("Orbit Irrigation") for $480 million in cash.
  • DMI secures strategic investment from OceanSound PartnersJones Day advised DMI in its strategic investment from an affiliate of OceanSound Partners, LP.
  • Axion BioSystems completes sale of company to Summa EquityJones Day advised Axion BioSystems, Inc., a leading provider of MEA and impedance technology for single-cell analysis, in its sale of the company to Summa Equity.
  • Milliken Infrastructure Solutions sold to ClockSpring|NRIJones Day advised Milliken & Company in the sale of Milliken Infrastructure Solutions, LLC to ClockSpring|NRI, a manufacturer of highly innovative and engineered products for the repair and rehabilitation of global critical infrastructure.
  • Milliken & Company acquires Andover Healthcare, Inc. and Andover Resources, Inc.Jones Day advised Milliken & Company, an industrial manufacturer that is active in a breadth of disciplines, including specialty chemical, floor covering, performance and protective textile materials, in connection with the acquisition of Andover Healthcare, Inc. and Andover Resources, Inc., leading manufacturers of cohesive bandages and tapes for healthcare, animal health, and sports medicine industries.
  • Roper Technologies acquires Foundry for £410 million (US$543.4 million)Jones Day advised Roper Technologies, Inc. in its acquisition of Foundry in an all-cash transaction valued at £410 million (US$543.4 million).
  • Gray Television acquires Raycom Media for $3.6 billionJones Day advised Gray Television, Inc., a television broadcast company headquartered in Atlanta, Georgia, in connection with its acquisition of privately-owned Raycom Media, Inc., a Montgomery, Alabama-based television broadcast company, in a cash and stock transaction with an enterprise value of approximately $3.6 billion.
  • Southern Company sells certain Florida assets to NextEra Energy for $6.5 billionJones Day advised Southern Company in three separate transactions for the sale of several of its Florida assets – Gulf Power Company, Florida City Gas, and the entities holding Southern Power’s interest in Plant Oleander and Plant Stanton – to NextEra Energy (NYSE: NEE) for an aggregate purchase price of $6.5 billion, including total equity value of approximately $5.1 billion.
  • Kenall sold to Legrand, North and Central AmericaJones Day advised Kenall Manufacturing, a leading manufacturer of innovative, energy efficient, and sustainable specification grade lighting and control solutions for commercial, industrial, and institutional buildings, in its sale of the Company to Legrand, North and Central America.
  • Flowers Foods acquires Canyon Bakehouse for $205 millionJones Day advised Flowers Foods, Inc. in its $205 million acquisition (including a performance-based contingent payment of $5 million) of Canyon Bakehouse, LLC, a privately held, gluten-free baking company based in Johnstown, Colorado.
  • Southern Company sells Pivotal Home Solutions to American Water Works Company, Inc. for $363.7 millionJones Day advised Southern Company in the $363.7 million sale of its subsidiary Nicor Energy Services Company (d/b/a Pivotal Home Solutions) to American Water Works Company, Inc.
  • Adecco Group acquires VetteryJones Day advised The Adecco Group, the world's leading HR solutions partner, in its acquisition of Vettery, Inc., a digital professional permanent recruitment marketplace.
  • Deltek acquires OnviaJones Day advised Deltek, the leading global provider of enterprise software and solutions for project-based businesses, in the $70 million acquisition of Onvia, Inc.
  • Deltek acquires Workbook Software A/SJones Day advised Roper Technologies, Inc. and its subsidiary, Deltek Netherlands B.V., in the acquisition of Workbook Software A/S.
  • Aderant acquires Handshake SoftwareJones Day advised Aderant North America, Inc., a subsidiary of Roper Technologies, Inc., in the acquisition of Handshake Software, Inc., a provider of software products to the legal vertical, including portals, knowledge management, enterprise search, and mobility solutions.
  • Flowers Foods acquires Dave's Killer Bread for $275 millionJones Day advised Flowers Foods, Inc. (NYSE: FLO) in its $275 million acquisition of AVB, Inc. (d/b/a Dave's Killer Bread).
  • The Southern Company acquires AGL Resources for $12 billionJones Day advised The Southern Company (NYSE: SO) in connection with the acquisition and related financing of AGL Resources (NYSE: GAS) in a cash transaction with an enterprise value of approximately $12 billion, including total equity value of approximately $8 billion.
  • The Southern Company acquires PowerSecure International, Inc. for $425 millionJones Day advised The Southern Company in its $425 million acquisition of PowerSecure International, Inc. (NYSE: POWR), a premier provider of distributed generation, energy efficiency, and utility infrastructure solutions.
  • Emerging Companies and Venture Capital
  • GRA Venture Fund participates in $3 million financing round of Lucid ScientificJones Day represented GRA Venture Fund, LLC with its participation in the $3 million seed financing of Lucid Scientific, an Atlanta, Georgia-based biotechnology tools company, led by Dynamk Capital.
  • GRA Venture Fund invests in DiasystJones Day represented GRA Venture Fund, LLC in connection with its minority stake investment in Diasyst Inc., a company that makes it easier for doctors and their staff to track and manage patients with diabetes.
  • GRA Venture Fund participates in funding round of ApptegaJones Day represented GRA Venture Fund, LLC with its lead participation in a round of financing of Apptega, the innovative cybersecurity management and compliance software company, to support continued growth and expansion.
  • Emrgy and GE Renewable Energy partner for global commercialization of distributed hydropower systemJones Day advised Emrgy Inc. in its joint venture with GE Renewable Energy.
  • GRA Venture Fund participates in $25 million Series A financing round of Antios TherapeuticsJones Day represented GRA Venture Fund in connection with its participation in the $25 million Series A financing round of Antios Therapeutics Inc., an Atlanta, Georgia-based biopharmaceutical company focused on the development of novel antiviral therapies for unmet medical needs.
  • Axion BioSystems raises capital in Series A roundJones Day represented Axion BioSystems, Inc., a manufacturer of the Maestro multiwell microelectrode array (MEA) platform, in connection with its issuance of Series A Preferred Stock in a private placement to accredited investors.
  • Emrgy raises additional capital in private placement of Convertible NotesJones Day advised Emrgy Inc., a developer of technologies to deliver distributed energy and efficiency solutions, in connection with the issuance of Convertible Notes in a private placement to certain accredited investors.
  • ArunA Biomedical issues $5.3 million of Common Stock in Reg D offeringJones Day advised ArunA Biomedical, Inc., a manufacturer of technologies in human stem cell research for use in drug discovery and development, in connection with its issuance of $5.3 million of Common Stock in a Regulation D offering.
  • GRA Venture Fund invests in AcivilateJones Day represented GRA Venture Fund, LLC and GRA Venture Fund (T.E.), LLC in connection with its equity investment of series seed stock in Acivilate, Inc., an Atlanta-based tech startup focused on the criminal justice sector.
  • GRA Venture Fund invests in Carbice CorporationJones Day represented GRA Venture Fund, LLC and GRA Venture Fund (T.E.), LLC in connection with their purchase of Series Seed Preferred Stock in a private placement by Carbice Corporation, a provider of thermal materials.
  • Additional Publications

    Publications Prior to Jones Day

    2012
    FATCA: Toward a Multilateral Automatic Information Reporting Regime, 69 Wash. & Lee L. Rev. 1685