Venture-backed businesses mark the intersection of growing companies, individual investors, venture and private equity funds, and investment bankers that turn promise into progress. Michael Best & Friedrich LLP effectively guides clients at this intersection to maximize their returns and efficiently close transactions.
We represent both investors and companies with their investment capital needs in high-growth companies. Michael Best’s Venture BestTM team represents a substantial number of start-up and emerging companies in biotechnology, information technology and software, medical device, electronics, and other high-technology sectors. This emerging company practice allows Michael Best to introduce venture capital and private equity investors to early- and mid-stage investment opportunities. This benefits both our company clients and those investors who work with us.
We also represent numerous investors in various aspects of their fund formation and investment activities. We partner with these funds on corporate structure, governance and control, and with regard to the development and growth of their investments. In addition to and following fund formation, we continue to add value throughout the life of the fund as it establishes its portfolio company investments.
“It’s hard to believe the Venture Best team took such a risk with what was little more than an idea of how disrupt an established market – guide me through the perils of a seed round with our favorite investor and help get me to a place where we can bring this company to the next stage. My success and Aver’s success comes from standing on your shoulders – I don’t think for a minute that I could have done this without you guys. Further – as for personality – I couldn’t have asked for better company! Thank you very much.”
–Kurt Brenkus, President of Aver Informatics Inc.
The Venture Best Practice Group consists of attorneys with substantial experience related to handling matters in the corporate, securities, intellectual property, and tax challenges involved in equity-backed transactions. This depth of experience gives us substantial appreciation for the market and economic terms in these transactions enabling our attorneys to serve as valuable advisors to investors and companies alike.
Raising money, building teams, growing businesses and innovating in the Midwest is different than in the major venture capital centers on the coasts, such as in Silicon Valley and New York, where capital, talent and other key resources are more plentiful. Our Midwest business acumen and value allows Michael Best to provide entrepreneurs the type of value-added strategic legal counsel new businesses demand from the top venture capital law firms in those costal markets. With more than 50 years of experience and application, the venture capital team demonstrates distinction in understanding these unique environments, limited resources and challenges high impact startups face in the real world.
Our Venture Best Practice Group provides services to emerging and high-growth companies and the angel investors and venture capitalists who fund them.
Entrepreneurs in high-growth companies in the Midwest face similar challenges as their costal peers – a conservative business and investment culture values security more than opportunity, social landscape values stability more than change, and service providers may not appreciate the differences between small businesses and high impact businesses as they can’t provide the strategic value add their counterparts on the coasts deliver by design.
We recognize entrepreneurial companies need affordable sophisticated legal support, capital, and additional resources to succeed and thrive. Michael Best provides high impact entrepreneurs with experienced counsel and strategic advice that reflects broad and deep familiarity in venture capital across the state, region and country.