Michael N. Steuch

Michael Steuch is a business lawyer who specializes in M&A, Equity/Debt Financings and "Outside GC" work. Michael has extensive experience in counseling companies from their early growth stages through their eventual sale, helping clients with a wide variety of business agreements and corporate governance matters. He also represents many PE groups and strategic acquirors in making acquisitions and investments across a number of different industries, including: 

·       Technology, Media & Telecom (“TMT”)

·       Business Services

·       Consumer Branded Goods (including Apparel)

·       Healthcare

·       Food & Beverage

·       Manufacturing & Distribution (including Aerospace & Defense)

Michael represents buyers and sellers on structuring and documenting all aspects of mergers and stock/asset acquisitions. He also handles sales of preferred equity, convertible debt and common equity; LLC operating agreements; executive employment arrangements and incentive compensation programs; and a variety of IP licenses and JV arrangements.

Representative Experience

·       Prominent media company in financings and acquisitions having an aggregate value exceeding $1.5 billion

·       Multiple PE firms and strategic acquirors in a series of acquisitions across a variety of industries

·       Premium home products retailer in $410 million sale to public company

·       Healthcare business in $325 million sale to public company

·       Apparel company in $220 million control sale

·       Beauty/cosmetics company in $215 million non-control equity recapitalization

·       Leading software company in a $200 million control sale to a PE firm

·       Real estate tech company in $175 million sale to public company

·       Credit card processing business in $120 million sale to public company

·       Security and telecom companies in $90 million and $70 million sales to PE firms

·       Manufacturing companies and food products in $40 million and $30 million sales to PE firms

·       Numerous equity financings for issuers in multiple industries, including growth equity and venture capital raises

Representative Transactions

·       Penske Media Corporation in its acquisitions of Variety, Robb Report, Indiewire, SheKnows and BuzzAngle (along with related financings) and PMC affiliate PME Holdings in the acquisitions of Billboard, The Hollywood Reporter and Dick Clark Productions

·       Avella in multiple acquisitions/financings and its sale to Optum Rx (a wholly owned subsidiary of United Health Group)

·       Rolling Stone in control acquisition of the Life is Beautiful music festival

·       Motor Vehicle Software Corporation in its control sale to Accel-KKR Partners

·       Motive Energy in a structured capital investment for Bison Capital

·       DTT Surveillance in a leveraged recapitalization with BV Investment Partners