CHARLOTTE, NC--(Marketwire - October 15, 2007) - King & Spalding, a leading international law firm, announced today that Richard M. Bange III, a corporate lawyer with significant experience in private equity, mergers and acquisitions and leveraged finance, has joined the firm as a partner in its private equity practice. Bange brings an extensive corporate transactional background to the firm's Charlotte office, with a particular focus on private equity and mergers and acquisitions transactions as well as the financing associated with leveraged acquisitions.

"We are pleased to welcome Rick to King & Spalding and look forward to the contributions he will make to the ongoing expansion of the firm's private equity practice," said Jeff Brown, managing partner of King & Spalding's Charlotte office. "Rick is highly regarded as an entrepreneurial lawyer with excellent legal skills. His experience, particularly in representing private equity sponsors in both the M&A and leveraged finance aspects of their transactions, complements the firm's 150-lawyer national and international private equity practice area and will help the firm continue to provide superior service to our clients."

Bange joins King & Spalding from the Charlotte office of Alston & Bird. Prior to that, he practiced in New York City for eight years, primarily in the private equity practice of O'Melveny & Myers. He represents private equity sponsors and venture capital funds in a variety of investment and exit transactions including leveraged buyouts, early-stage and growth equity investments, mergers, stock and asset acquisitions and sales, mezzanine investments and recapitalizations.

Bange received a J.D. and a B.A. in Foreign Affairs from the University of Virginia.

"I am delighted to be joining King & Spalding's private equity practice. The firm's reputation, its resources at the national and international levels, its remarkably talented attorneys and its focus on growth offer an extraordinary platform for someone with my experience," Bange said.

King & Spalding's private equity practice consists of more than 150 lawyers across the firm's nine offices in the United States, Europe and the Middle East. The practice is dedicated to understanding and achieving its clients' objectives using a practical, problem-solving approach and draws upon its lawyers' extensive experience in fund formation, mergers and acquisitions, leveraged finance, Islamic finance, securities offerings, tax and restructuring, as well as the firm's deep industry experience in areas such as energy and infrastructure, real estate, healthcare and life sciences, business services, technology, telecommunications and financial services.

About King & Spalding

King & Spalding is an international law firm with more than 800 lawyers in Atlanta, Charlotte, Dubai, Frankfurt, Houston, London, New York, Riyadh (affiliated office) and Washington, D.C. The firm represents half of the Fortune 100 and in a Corporate Counsel survey in September 2007 was among the top firms representing Fortune 250 companies. For additional information, visit

Contact Information: Contact: Kimberly Brooks King & Spalding Ph (212) 827-4378