Smith Gambrell Russell Represents Utility Associates, Inc. in Majority Investment from Greater Sum Ventures

Press Release

November 27, 2023

2023 PR Utility Majority Investment 11.27 (1)

ATLANTA (November 27, 2023) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce that the Firm served as legal counsel to Utility Associates, Inc., a frontline professional digital systems provider, in a majority investment funding agreement with Greater Sum Ventures (GSV), an entrepreneurial family office and growth equity firm. The funding from GSV will provide additional capital that will be used to increase Utility’s investment in innovation and help further accelerate its growth.

Founded in 2000, Utility delivers digital systems for public agencies that depend on speed, accuracy, transparency, and easy-to-access data. The Decatur, Georgia-based company meets the ever-increasing demands of frontline professionals and the communities they serve through digital evidence management, in-car video, and advanced body cameras.

The SGR legal team included partners John C. Ethridge, Jr., Timothy Elder, Eric Mandus, and Erin McCallum and Associate Harison Puder in the Atlanta Mergers & Acquisitions Practice, along with Partner Joseph Mandarino in the Atlanta Tax Practice and Partner Brandon Sherlinski in the Jacksonville Employee Benefits and Executive Compensation Practice. Partner Thomas Hong and Associate Tommy Duffy of the Atlanta Corporate Practice also assisted.

About Utility Associates, Inc.
Utility, the innovative technology-enabled service provider recognized for creating groundbreaking digital systems for frontline professions, provides a universe of intuitive products for effectively capturing, managing, and releasing video evidence. Technologies include a variety of cameras, sensors and devices, as well as situational awareness software solutions for law enforcement, first responders, transportation agencies and utility providers. To learn more about Utility and its technology solutions, please visit www.utility.com.

About Smith Gambrell Russell
SGR is a full-service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The Firm’s nearly 400 attorneys provide legal counsel in more than 50 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, insurance/reinsurance, construction, employment law, international, and employee benefits and executive compensation. Founded in 1893, SGR has 14 domestic and international offices, including Atlanta; Austin; Charlotte; Chicago; Jacksonville, FL; London; Los Angeles; Miami; Munich; New York; Southampton; Springfield, IL; Tampa, FL; and Washington, D.C.