Michael Steuch is a business lawyer who specializes in M&A, Equity and 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 stock, convertible debt and 'retail' common equity; LLC operating agreements; executive employment arrangements and incentive compensation programs; and a variety of IP licenses and JV arrangements.
Representative Experience
· Represented prominent media company in financings and acquisitions having an aggregate value exceeding $900 million
· Represented multiple PE firms and strategic acquirors in a series of acquisitions across a variety of industries
· Represented premium home products retailer in $410 million sale to public company
· Represented healthcare business in $325 million sale to public company
· Represented leading software company in a $200 million control sale to a PE firm
· Represented credit card processing business in $120 million sale to public company
· Represented security and telecom companies in $90 million and $70 million sales to PE firms
· Represented manufacturing companies and food products in $40 million and $30 million sales to PE firms
· Numerous securities offerings for issuers in multiple industries, including growth equity and venture capital
Representative Transactions
· Penske Media Corporation in its acquisitions of Variety, Robb Report, Indiewire, SheKnows and BuzzAngle (along with related financings)
· Avella in multiple acquisitions/financings and its sale to Optum Rx (a wholly owned subsidiary of United Health Group)
· Motor Vehicle Software Corporation in its control sale to Accel-KKR Partners
· DTT Surveillance in a leveraged recapitalization with BV Investment Partners
· Freedom Telecommunications in its sale to Wilcon Holdings, LLC (a portfolio company of Pamlico Capital)
· Mob Scene in its sale to an investment group led by Five Crowns Capital and StoneCreek Capital
· Verengo, Inc. in multiple growth equity financings by institutional growth equity investors
J.D., UCLA School of Law, 1998
B.B.A. Finance (with High Distinction), University of Iowa, 1995
Association for Corporate Growth (ACG)
ProVisors M&A2
TBT