People
Marc R. Esterman

Marc R. Esterman

Counsel

203.324.8150

Stamford, CT

New York, NY

Marc Esterman is a corporate lawyer who counsels and represents clients across a range of industries on mergers and acquisitions, commercial finance, private equity and debt investments, corporate secretarial practices, corporate governance, executive compensation, banking and lending, securities laws compliance, partnerships/joint ventures/LLCs, intellectual property licensing and commercial contracting. Marc also counsels clients on, and supports the corporate aspects of, commercial real estate ventures and transactions.

Marc’s transactional practice is particularly active in the technology sector, where he has represented owner/operators of technology parks, data centers and colocation facilities in complex acquisitions, dispositions and leases.

In addition to his transactional practice, Marc is often called upon to represent clients in an “outside general counsel” capacity, working directly with client business leaders to help them execute business initiatives.

Marc prepares and negotiates a wide variety of complex commercial contracts, including those that support the supply, procurement and customer-facing aspects of clients' operations, as well as master business forms. Marc has successfully closed hundreds of millions of dollars' worth of commercial contracts for various clients in support of their business operations.

Marc draws on his extensive corporate experience to provide practical, effective and efficient legal and business solutions to clients. Prior to joining Shipman, he practiced corporate law at other noted law firms as well as in-house, including serving as Senior Vice President of Corporate Affairs, General Counsel & Secretary of a publicly-traded internet and communications company and as Vice President, Assistant General Counsel & Assistant Secretary of a multi-national, publicly-traded commercial products company with $4 billion+ in sales.

Credentials

University of Connecticut School of Law, J.D., 1990
Trinity College, B.A., 1986

Connecticut
New York
District of Columbia

Distinctions

Experience

Business & finance

Represented U.S. data center company in equity and debt financings to support infrastructure expansion

Represented U.S. data center holding company, as issuer and borrower, in $33M preferred stock and $200M debt financings, in furtherance of the build-out and improvement of several U.S. data centers, and related closing of master colocation agreement with strategic operator.

Mergers, acquisitions & joint ventures

Chirisa Capital $5.5 million Purchase of 71,000-square-foot Property

Represented Chirisa Capital, a real estate investment company that focuses on data centers and tech parks, in its purchase of a 71,000-square-foot property in Freeport, Pennsylvania for $5.5 million from BNY Mellon. Chirisa plans to repurpose the existing structure for housing critical infrastructure and data storage. The 37-acre site includes 175 parking spots and a one-story building set up for data-hosting services, which was vacant at the time of sale. The building formerly housed data-hosting services for BNY Mellon.

Cross Border Acquisition of Call Center Services Business

Represented a leading outsourced medical services company, as both buyer and borrower, in a cross-border transaction, which included the client’s acquisition of a call center services business based in the Dominican Republic, and, on a parallel track, the securing of an acquisition loan from a financial institution, in furtherance of the client’s growth plan.

General

Acquisition of National Colocation, Network and Cloud Services Provider

Represented a leading national provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, in its acquisition of a national provider of tailored colocation, network and cloud services to large and mid-size enterprises, thereby solidifying the client buyer’s position as one of the largest, privately held IaaS providers in the Eastern U.S. The representation included the negotiation of executive employment agreements with target’s management team.

Representation of National Hybrid Data Center/Cloud Computing Company

Responsible for drafting forms of master services agreements and service orders in support of national hybrid data center/cloud computing solutions company’s broad product/services suite, including integrating customer agreements and product/service descriptions of acquired businesses into the company’s portfolio.

Acquisition of NJ Data Center

Represented a leading provider of cloud, connectivity and data center services for enterprise, carrier and content customers, in its acquisition of 100% of the equity interests of a premier New Jersey data center and colocation business, in furtherance of client’s growth strategy.

Acquisition of U.S. Data Centers

Represented privately-held, EU-based investment firm in its acquisition, through a U.S. operating subsidiary, of data centers on the West Coast of the U.S.

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August 20, 2026

Marc R. Esterman

Credentials

Education

Bar Admissions