Kutak Rock Represents DTN, LLC in Acquisition of Iteris, Inc.’s Agriculture, Weather Analytics SegmentNews | May 5, 2020
Kutak Rock recently represented DTN, LLC of Burnsville, Minnesota in the acquisition of Iteris, Inc.’s Agriculture and Weather Analytics segment, composed of ClearAg and ClearPath Weather product lines.
DTN is the leading independent provider of decision support solutions to global agriculture, oil and gas, and other weather-sensitive industries. Iteris, Inc. provides consulting services and produces sensors and other devices that record and predict traffic and weather conditions. Agribusinesses and producers rely on ClearAg’s real-time, hyperlocal weather information and their land surface models to make predictive agronomic solutions.
The acquisition further enhances DTN’s capabilities and solutions for agribusinesses and producers. Additionally, the two companies have announced a strategic partnership agreement to pursue future joint opportunities in the global transportation market.
Kutak Rock partner Lisa Sarver, from the Omaha office, advised DTN on the transaction. She was assisted by corporate/M&A attorneys Mike Alvano, Caitlin Gustafson and Jeff Makovicka; intellectual property attorneys Patrick Stephenson and Sean Connolly; employment law attorneys Kate Jones and Meaghan Gandy; employee benefits attorney John Schembari; real estate attorney Brian Eades; and tax attorney Jennie Stewart.
With more than 45 attorneys, Kutak Rock’s national M&A practice group has built a solid reputation as a leader in middle market M&A transactions. Kutak Rock’s experience includes representing buyers, sellers and private equity groups in domestic and cross-border transactions.