1111 Pennsylvania Ave. NW//Washington, DC 20004-2541//United States
Andrew Ray represents public and private companies, financial sponsors, investors, including venture capital and private equity firms, entrepreneurs and management teams in cross-border mergers and acquisitions (M&A), financings, and growth equity transactions. He has transactional experience in a broad range of industries, including technology, financial services, government contracts, life sciences, real estate, energy and the not-for-profit sector. Various industry publications and credentialing organizations recognize Andy as a leader in both M&A and in technology, media, and communications law, among other fields. Andy currently serves as a leader of Morgan Lewis’s financial technology (fintech) industry team, and he previously served as the leader of the firm’s interdisciplinary corporate practice in Washington, DC.
Among other high profile transactions, Andy led the team representing Oculus VR from its initial formation through its $2 billion sale to Facebook, which was named the M&A Advisor M&A Deal of the Year.
Andy writes and speaks frequently on topics that include corporate finance, private equity, technology, M&A, corporate governance, and cross-border deals.
Represented Metuchen Pharmaceuticals in its merger with Neurotrope
Represented iCON Infrastructure in its acquisition of TruVista Communications
Represented Waterfall Asset Management and its affiliates in connection with their acquisition of CIT Group’s $2 billion small business lending platform
Represented Diamond V Mills in its sale to Cargill
Represented Oculus VR in its definitive agreement to be acquired by Facebook for approximately $2 billion
Represented RPP Corp in its sale to Emerson Electric
Represented Platinum Equity in connection with its acquisition of Securus Technologies for $2 billion
Represented co-developer in a $1 billion financing to build the largest new power plant in New York City in 25 years
Represented Great Plains Communications in its sale to Grain Management
Represented Southern Light in its $700 million sale to Uniti Group
Represented government contractors AppTek Partners and its affiliates in connection with the sale of certain of their artificial intelligence technology, IP and other assets to eBay, Inc.
Represented Fibertech Networks, a Nautic Partners and Ridgemont Equity Partners portfolio company, in its $500 million sale to Court Square Capital
Represented Harbinger Capital Partners, the largest shareholder of TerreStar Corporation (NASDAQ: TSTR), in connection with its $300 million financing and 1.4 Ghz spectrum acquisition from Harbinger and EchoStar Corporation
Represented the special committee of the board of directors of Inter-Tel Inc., in its response to an unsolicited acquisition offer from a hedge fund
China Investment Corporation
The George Washington University
The International Code Council
Juggernaut Capital Partners
Awards and Affiliations
Recommended, Media, technology and telecoms: Fintech, The Legal 500 US (2020)
Notable Practitioner, IFLR1000 Financial and Corporate (2019–2021)
Notable Practitioner, IFLR1000 United States (2018)
Bar Association of the District of Columbia
Best Lawyers, Communications Law (2009–2017)
Super Lawyers, Mergers & Acquisitions, Washington D.C. (2012–2016)
Legal 500, Recommended for Middle Market M&A ($500 million – $999 million) (2011)