Richard A. Repp
Richard Repp represents business clients ranging from start-ups to public companies.
He assists both public and private clients with issuing debt and equity to raise capital from investors, including private offerings for start-up and early stage businesses. He also negotiates mergers, acquisitions and sales of public and private businesses. Richard registers public company securities with the SEC and prepares public company periodic reports, including proxy statements, quarterly and annual reports, and other shareholder communications. He handles regulatory compliance and corporate governance matters, including entity formation for corporations and limited liability companies, and advises clients with regard to shareholder, officer and board fiduciary duties. Richard also prepares and negotiates complex procurement and service agreements.
A business lawyer with a business background prior to practicing law, Richard previously owned and operated a consulting practice providing inventory management services to domestic and international clients. He also has a background in restaurant management, food processing and agriculture production. A native of the Inland Northwest, Richard lived and worked in Boston, New York, New Jersey and Copenhagen, Denmark before returning to Spokane to begin his law practice.
Licensed to practice in Washington and Idaho.
Joined Witherspoon Kelley in 2001.
J.D., University of Idaho, 2001, Idaho Law Review Spring Edition Editor
B.S., Cornell University, School of Hotel Administration, 1991
Representative Securities Offerings:
Series A preferred stock offering for software company; $2.5 million private placement
Gestalt Diagnostics LLC; $2.6 million private placement
Northwest Bancorporation, Inc.; $20 million private placement
Seed round investment for 3D printing startup; $450,000 private placement.
Equity financing for media/advertising company; $3 million private placement.
Bridge financing for fracking technology startup; $2 million private placement.
RiverBank Holding Company; $3 million private placement.
Series A financing for SMS communications startup; $800,000 private placement.
Northwest Bancorporation, Inc.; $12.5 million private placement.
Idaho Independent Bank; $6 million rights offering and exempt public offering.
RiverBank Holding Company; $7 million private placement.
Sterling Financial Corporation; $730 million recapitalization via private placement.
Equity financing for tele-pharmacy company; $2.5 million private placement.
Northwest Bancorporation, Inc.; $4 million rights offering.
Equity financing for financial advisory firm; $5 million private placement.
Sterling Financial Corporation; $200 million registered public offering.
Sterling Financial Corporation; $347 million registered public offering.
Sterling Financial Corporation; $172 million registered public offering.
Sterling Financial Corporation; $165 million registered public offering.
Equity financing for construction of upscale restaurant; $400,000 private placement.
Seed Round for mining company; $6 million private placement.
Equity financing for construction of assisted living development; $3 million private placement.
Equity financing for construction of mixed use marina development; $3 million private placement.
Representative Merger and Acquisition Transactions:
Sale of Idaho Independent Bank to First Interstate BancSystem, Inc.
Sale of Northwest Bancorporation to First Interstate BancSystem, Inc.
Inland Northwest Bank acquisition of CenterPointe Community Bank
Sale of PacifiCAD to IMAGINit Technologies/Rand Worldwide
Auction Edge Inc. acquisition of Auto Auction Solutions, Inc.
Northwest Bancorporation, Inc. acquisition of Bank of Fairfield
Sale of Lead-Lok, Inc. to Graphic Controls Acquisition Corp.
Sale of Pacific Produce, Inc. to PacPro Operating Company, LLC.
Sterling Financial Corporation acquisition of Sonoma National Bank.
Sterling Financial Corporation acquisition of FirstBank Northwest.
Intervest Mortgage Company acquisition of Mason-McDuffie Financial Corporation.
Sterling Financial Corporation acquisition of Golf Savings Bank.
Intervest Mortgage Company acquisition of Peter W. Wong Associates, Inc.
Sterling Financial Corporation acquisition of Klamath First Bancorp, Inc
Boards & Memberships:
Cornell Alumni Admissions Ambassador Network, Regional Committee Chair
Habitat for Humanity-Spokane, Past Chair
Innovate Cheney, Board of Directors
Spokane Angel Alliance, Past Chair, Board of Directors
Spokane Club, Past Chair
Startup Spokane, Advisory Board
United States District Court, Idaho
2018 Best Lawyers in America ® - Corporate Law
2018 Top Lawyers-Securities Offerings, Spokane Coeur d'Alene Living Magazine
Spokane Business Catalyst, 20 Under 40 “Rising Star,” 2007
Speaking Engagements/Works Authored:
The Spokane Club BizConnect, “Raising Business Capital,” 2018.
Startup Spokane, “Venture Capital: Post-Investment Issues",” 2018.
Startup Spokane,”Venture Capital: Investment Instruments,” 2018.
Startup Spokane, “Venture Capital: The Basics,” 2018.
Life Science WA Boot Camp, "Introduction to Equity Financing," 2017.
Startup Spokane, "Equity Financing Tips for Startups," 2017.
Startup Spokane Blog, “Three Things Startups Should Know About Pitch Clinics,” 2017
Gonzaga University, Entrepreneurship Class, "Securities Law Basics," 2017.
Inventor's Association of Idaho Seminar, "Regulation Crowdfunding," 2016.
Ignite Northwest Accelerator Class, "Securities Law Basics," 2016.
Ignite Northwest Accelerator Class, "General Legal Issues for Start Ups," 2015.
Greater Spokane Incorporated Equity Crowdfunding Seminar, "Equity Crowdfunding," 2014.
Gonzaga University 4th Annual Business Law Symposium, "Current Trends in Private Placements," 2014.
Greater Spokane Incorporated Investment Capital Forum, "Communicating with Investors," 2014.
Gonzaga University 3rd Annual Business Law Symposium, "Say on Pay as a Shareholder Tool," 2013.
Connect Northwest Investment Capital Forum, "Crowdfunding and General Solicitation after the Jobs Act," 2013
Witherspoon Kelley Update, "SEC Opens Door to Marketing Private Offerings," 2013.
Gonzaga University Dodd-Frank Wall Street Reform & Consumer Protection Act Symposium, "1934 Act Company Compliance," 2011.
Internal Controls in Washington Seminar, " Sarbanes-Oxley Application to Legal and Reporting Requirements," 2005.