Spencer T. Moats



Spencer T. Moats is a partner and business lawyer with Foley & Lardner LLP. Spencer practices general corporate and business law, with an emphasis in mergers & acquisitions, securities law and corporate governance. Spencer is also a member of the firm’s Transactions Practice.

Spencer has completed dozens of public and private mergers, acquisitions, divestitures, joint ventures and other business combination transactions for a wide variety of clients. Spencer has worked with Fortune 500 companies as well as private equity and middle-market publicly traded and privately held clients throughout North America ,Europe, China, India, Brazil, Japan and South Africa.

Spencer has significant experience as the primary corporate counsel and mergers & acquisitions counsel to numerous private equity clients. Spencer’s private equity experience crosses many industries, including manufacturing, food & beverage, oil & gas, health care, technology and hospitality. Spencer also has particular experience assisting closely held businesses to transition their ownership and management to the next family generation, a third-party acquirer or an Employee Stock Ownership Plan.

In addition, Spencer advises clients regarding state and federal securities law compliance and routinely assists NYSE and NASDAQ listed clients with the preparation and review of Securities Exchange Act filings. He also represents issuers in securities transactions, including public and private offerings of equity and debt securities. Spencer has completed offerings with aggregate proceeds in excess of $5 billion. Spencer’s securities law and corporate governance experience also includes counseling clients in connection with takeover defense and proxy contests.


Spencer has been selected for inclusion in the 2014 – 2020 Wisconsin Super Lawyers – Rising Stars® lists for his work in mergers & acquisitions.


Spencer is a graduate of the University of Iowa College of Law (J.D., with high distinction), where he was elected to the Order of the Coif. While in law school, he served as a member and an associate editor for The Journal of Corporation Law. Spencer obtained his bachelor’s degree in public administration from the University of Northern Iowa (B.A., summa cum laude), where he was awarded the "Purple and Old Gold Award" as the most outstanding graduate in public administration.

Admissions and Professional Memberships

Spencer is a member of the Milwaukee Bar Association, the State Bar of Wisconsin and the American Bar Association.

Community Engagement

Spencer serves on the Milwaukee Area Leadership board of directors of The Arthritis Foundation and has been active in the Milwaukee area Junior Achievement program, including volunteering his time as a classroom instructor.