We organize around the places where structure, regulation, and capital intersect, and in several of these industries we were advising among the first, before the market arrived. The nine sectors below are where our corporate, M&A, and private-capital work runs deepest.
A reportable merger cannot close for 30 days after its HSR filing, and in a regulated sector that is often not the longest wait. A payments platform waits on its money-transmitter licenses, a hospital roll-up on state certificates of need, a spectrum or aircraft deal on the FCC or the FAA. So we map the regulatory perimeter before the term sheet.
The capabilities are the same in every sector; what changes is where the trouble hides. A generic checklist misses the change-of-control clause in a reinsurance treaty, the revenue tied to a single app-store policy, the token that may read as a security. We bring the sector's reflexes, so the diligence looks where that industry hides its problems and the deal does not stall while learning them.
Several of the sectors below carry the year Hart David Carson LLP began advising there: healthcare 2013, offshore structuring and digital assets 2014, cannabis 2015. Sector clients return with the next fund or facility, so the partner who ran the diligence stays on the file; the second deal should not have to teach us the industry.
Transactions, IP, and growth capital for software and platform businesses, where speed of execution is itself the advantage. We paper the round, license the technology, and structure the exit without slowing the company down.
Explore this sector →Fund formation, governance, and M&A for managers, sponsors, and the family offices behind them, including the international and offshore structuring work we have done since 2014.
Deal structure and regulatory posture from medspas to hospital networks, and the frontier of human optimization: peptides, GLP-1s, and the rules forming around them.
Token, exchange, fund, and regulatory strategy for digital-asset ventures and the institutions financing them. We were among the first to counsel the category, in 2014, and have been here as it found its name.
Corporate and transactional structuring for operators, investors, and the entities that hold the assets. Joint ventures, acquisitions, and a capital stack drafted to hold under pressure well past the closing date.
Explore this sector →The business behind the talent, from IP and endorsements to the sponsorship-to-equity deals that move athletes from paid to owners. The work comes by referral and is rarely discussed. Most of it is never seen.
Explore this sector →Buyouts, fund formation, and direct deals for sponsors and the family offices behind them, with the asset-protection and governance work that keeps a portfolio defensible.
Explore this sector →Counsel to carriers, captives, and the insurance-linked securities market on formation and licensing, reinsurance, run-off and portfolio transfers, and insurance M&A.
Explore this sector →Projects, finance, and regulatory work for energy and resources operators and their investors, structured for the cross-border realities the sector runs on.
Explore this sector →Venture financings and M&A for AI companies, along with model and data licensing, IP ownership, and the regulatory posture a frontier sector forms around.
Explore this sector →Money-transmission licensing, BaaS and bank partnerships, and card and payments structuring for the companies moving capital.
Explore this sector →Financings and M&A, IP and licensing, student-data privacy, and accreditation counsel for education and EdTech ventures.
Explore this sector →Corporate, M&A, spectrum and licensing, financing, and regulatory work for communications and telecom operators.
Explore this sector →M&A, brand and IP, supply-chain contracts, and DTC and franchise structuring for retail and consumer businesses.
Explore this sector →CFIUS, export controls, sanctions, and government-contracting counsel for companies operating at the security frontier.
Explore this sector →Aircraft finance, drone and UAS operations, and aerospace-venture transactions for the manned and unmanned skies.
Explore this sector →Launch and supply contracts, spectrum and licensing, and export-control counsel for spacetech and satellite ventures.
Explore this sector →Venture and growth rounds, SaaS and marketplace structuring, and real-estate regulatory counsel for proptech companies.
Explore this sector →M&A, supply-chain and OEM contracts, IP, and product and regulatory work for manufacturers and their investors.
Explore this sector →Worker-classification strategy, platform terms, marketplace structuring, and regulatory counsel for gig-economy platforms.
Explore this sector →We have advised cannabis and other regulated operators since 2015, through licensing, banking constraints, and the path toward legalization. We don't run it as a separate industry card here because it belongs to a longer story about how we work a frontier before it has rules. That story lives in the Frontier narrative.
Read the Frontier story →Don't see your industry?
These nine sectors are where our depth is greatest, and they are not the boundary of where we work. As a corporate and private-capital firm with a partner network of independent firms, we take on matters across sectors when the work fits, whether that is the transaction, the fund, the dispute, or the governance question. If your industry isn't named above, tell us what you're moving on, and a partner will tell you honestly whether we're the right firm for it.
Start a conversation →Before the term sheet, we map the sector's regulatory perimeter around the target: money-transmitter licensing for a payments platform, state CON and licensure for a healthcare roll-up, FCC or FAA authorizations for spectrum and aircraft. The deal calendar is then built off that map.
Generic diligence checklists miss what a sector buries: change-of-control clauses in reinsurance treaties, revenue tied to a single app-store policy, tokens that may read as securities. We run the sector-specific exhibits alongside the corporate ones.
Covenants, conditions, and disclosure get drafted for the agency that will actually read them. HSR and, where a foreign buyer touches a sensitive sector, CFIUS filings are sequenced so approvals land before the outside date, with regulatory-efforts clauses allocated in the purchase agreement.
Sector clients transact serially, moving on to the next fund, the next facility, the next acquisition. After closing, the same partner carries the integration covenants, license transfers, and earnout mechanics forward, so the second deal starts on page one of a file that already exists.
The documents govern the deal, and the industry governs what the documents must say.
Reviewed by Jonathan D. Herpy, Sr., Senior Partner · Last updated October 2026 · Educational overview · Not legal advice
Reach a partner who knows your sector, its regulators, its deal terms, and what the other side will look for. A partner replies.