Jim Krenn is a corporate partner and co-chair of the firm’s Emerging Companies + Venture Capital Group.
Jim has extensive experience representing private and public companies and investors in significant business transactions from formation through liquidity. His practice focuses on mergers and acquisitions, venture capital financings, and emerging company counseling. His clients span a broad range of industries, with a concentration in life science and technology companies.
Jim advises clients on private and public acquisitions on both the buy-side and sell-side across numerous transaction structures, including equity purchases, asset purchases, mergers, acquisitions, divestitures, cross-border transactions, and auctions. He has represented buyers and sellers in acquisitions and divestitures ranging from the low millions to over $1 billion.
Jim counsels emerging and established life sciences and technology companies in equity financings and general corporate matters, and angel, corporate, and venture capital investors in investments in such companies. He has represented clients in hundreds of venture capital financings ranging from seed rounds to $100 million-plus later-stage rounds.
In addition, Jim represents public companies in public offerings, other capital markets transactions, and SEC reporting and compliance matters, and advises boards of directors on corporate governance issues.
Jim is member of the firm’s Life Sciences + Healthcare Group leadership team and Artificial Intelligence steering committee and serves on the Board of Directors of the San Diego Entrepreneurs Exchange.
Adicet Bio (Nasdaq: ACET), a biopharmaceutical company, in its merger with a wholly owned subsidiary of resTORbio (Nasdaq: TORC) to create a combined publicly traded biotechnology company.
Alaska Energy & Resources Company, a parent company of a regulated electric utility in Alaska, in its $170 million sale to Avista (NYSE: AVA).
Astute Medical, a medical diagnostic company, in its $90 million sale to bioMérieux (EPA: BIM).
B. Riley Financial (Nasdaq: RILY), a diversified financial services company, in its $53 million private placement and merger with investment banking firm B. Riley & Co.
Biotix, a private equity-backed developer and manufacturer of laboratory consumables and liquid handling solutions, in its sale to Mettler-Toledo (NYSE: MTD).
California Cryobank, a private equity-backed leader in reproductive tissue donor services and stem cell banking, in multiple acquisitions.
Clean Energy Fuels (Nasdaq: CLNE), a provider of natural gas as an alternative fuel for vehicle fleets, in its sale for up to $180 million of components of its renewable natural gas business to BP (NYSE: BP).
Cogent (Nasdaq: COGT), a biometric identification solutions provider, in its $943 million sale to 3M (NYSE: MMM).
Deere & Company (NYSE: DE), an agricultural, construction, and forestry machinery corporation, in its planned acquisition of the precision planting unit of Monsanto (NYSE: MON).
Dosatron International, a distributor of water-powered dosing pumps and systems, in connection with its sale to Ingersoll Rand (NYSE:IR).
Gillco, a leading specialty ingredient provider, in its sale to Azelis (BR: AZE).
Mentor (NYSE: MNT), a leading supplier of medical products for the global aesthetic market, in its $1.12 billion sale to Johnson & Johnson (NYSE: JNJ).
Mitchell International, a developer of smart technology solutions, in its acquisition of Cogent Works.
MyChem, a provider of ultra-pure nucleotides, in connection with its sale to Maravai (NASDAQ: MRVI) for $240 million at closing with potential additional consideration.
Protomer Technologies, a biotechnology company, in its sale to Eli Lilly and Company (NYSE: LLY) with a potential value of over $1 billion with successful achievement of future development and commercial milestones.
Rakuten Medical, a biotechnology and medical device company, in its acquisition of Medlight SA and its acquisition of key assets and manufacturing technology from Li-Cor Biosciences.
Safebuilt Insurance Services, a managing general agent and insurance technology company, in its sale to Integrated Specialty Coverages.
Sequlite Genomics, a DNA sequencing firm, in connection with its sale to Fapon Biotech, a diagnostic technology company.
Tendo, a digital health software company, in its acquisition of MDsave, a healthcare marketplace company.
Wavestream, a provider of high-power solid-state amplifiers, in its $137 million sale to Spacenet, a subsidiary of Gilat Satellite Networks (Nasdaq: GILT).
ACEA Biosciences, a developer of cell analysis instrumentation technologies, in its $30 million Series E Preferred Stock financing.
Adicet Bio, a biopharmaceutical company, in its Series A financing of up to $51 million, and $80 million Series B financing.
Astute Medical, a medical diagnostic company focused on high-risk medical conditions and diseases, in over $200 million of equity and debt financings.
Bidra as an investor in multiple equity financings.
Biolumic, an agtech company, in its $13.5 million Series B financing.
California Cryobank, a private equity-backed leader in reproductive tissue donor services and stem cell banking, in multiple equity and debt financings.
Carlsmed, a medical device and artificial intelligence company, in its $10 million Series A financing, $30 million Series B financing and $52.5 million Series C financing.
Forward Ventures as an investor in multiple equity financings, convertible debt financings, and M&A transactions.
Foxen, a provider of financial technology solutions for the real estate industry, in its $44 million Series A financing.
Greenoaks Capital Partners and its affiliates as investors in multiple equity financings, debt financings, and secondary transactions.
GroupSolver, an artificial intelligence market research platform, in multiple preferred stock financings.
Hume.ai, an artificial intelligence company, in multiple preferred stock financings.
Oak Investment Partners as an investor in multiple preferred stock financings.
OrbiMed as an investor in multiple equity financings, debt financings, and M&A transactions.
Petuum, an artificial intelligence and machine learning software infrastructure provider, in its $93 million Series B financing.
Pi Health, an AI-enabled health technology and clinical research company, in its spin-out from BeiGene, Ltd. and $35 million Series A financing.
RA Capital as an investor in multiple equity financings.
Rakuten Medical, a biotechnology and medical device company, in over $730 million of debt and equity financings.
Softbank affiliates as investors in multiple equity financings.
Solarflare Communications, a software and hardware company, in over $200 million of equity and debt financings.
VoloAgri, an agriculture technology company focused on seed genetics, in over $150 million of equity financings.
Western Digital Capital as an investor in multiple preferred stock financings.
Recognized as “Next Generation Partner” for M&A/Corporate
Legal 500 US 2023
Recognized as “Next Generation Partner” for Venture Capital and Emerging Companies
Legal 500 US 2023
Recognized as one of 2022’s “Leaders in Law”
San Diego Business Journal 2022
Recognized as Life Sciences Star in Mergers & Acquisitions
Legal Media Group 2022
Recognized as Life Sciences Star in Venture Capital
Legal Media Group 2022
Recognized as “Best of the Bar”
San Diego Business Journal 2015