Private Equity Portfolio Company Practice
Private equity groups spend a great deal of time and resources identifying and acquiring companies for their portfolios. Pre-acquisition expenditures and legal representation are a significant part of this process. But what happens after the transaction? Who is assisting these portfolio companies with their legal needs post-acquisition?
The Rosenbloom Law Group has a specialty practice devoted exclusively to serving the post-acquisition legal needs of private equity portfolio companies in a high-quality and cost-effective manner. Representation of portfolio companies can be done for a fixed fee or an annual flat fee "general counsel" arrangement.
Post-transaction legal representation of portfolio companies requires experienced counsel that understands the business and who will be there to answer questions that arise everyday. Often, large law firms are unable to provide the personalized service needed by these clients. Moreover, the involvement of multiple attorneys or departments common at larger law firms is both impersonal and more costly.
"The Rosenbloom Law Group’s annual general counsel arrangement is great for our company. The firm provides us with a broad range of corporate representation for a fixed annual fee. We no longer need to worry about billable hours and unpredictability. We budget our legal fees for the year and that is it. Payment of fees is made quarterly, which is perfect for our business."
— David J. Rosenthal, President, Atidan, LLC