Warner Norcross + Judd LLP represented Syntrinsic Investment Counsel, LLC, a Denver-based investment advisory firm for foundations, endowments and nonprofits, and its affiliates, in its strategic transaction with IMA Financial Group, a North American insurance brokerage firm specializing in risk management, insurance, wholesale brokerage and wealth management. The transaction was effective July 1, 2023.
Formed in 2008, Syntrinsic provides ethical, purpose-driven investing for foundations, endowments and nonprofits, which comprise 90% of Syntrinsic’s $2.4B assets under advisement. Its knowledgeable team provides investment strategies along with donor engagement, next-generation education and mission-aligned investing.
According to Ben Valore-Caplan, founder and CEO of Syntrinsic Investment Counsel, LLC: “As we pursued this once-in-a-career opportunity to sell our company, we leaned heavily on the considerable experience, sound judgment and no-nonsense communication that Warner Norcross + Judd Partner Linda Paullin-Hebden, and her team, provided throughout the process. Our Warner colleagues quickly established themselves as integral, collaborative members of our deal team, helping to close a non-traditional transaction in a timely, positive manner.”
For more information on the transaction, click here.
Warner served as legal counsel to Syntrinsic, representing the company in deal negotiations. The Warner transaction team was led by Linda Paullin-Hebden and included John Muhs (M&A), Celia Kaechele (M&A), Lisa Zimmer (ERISA), Mary Jo Larson (ERISA) and Karen Feinauer (ERISA).
Warner’s Mergers and Acquisitions (M&A) Practice Group
As part of one of the largest and most successful law firms in Michigan, Warner’s M&A Practice Group draws upon more than 90 years of experience to successfully and efficiently handle a wide range of M&A transactions for both private and publicly traded businesses, including mergers, acquisitions, divestitures, joint ventures and strategic business combinations of all types.
Warner’s Funds and Investments Industry Group
As the only firm in the state of Michigan focused on the unique legal and compliance needs of investment advisers and broker-dealers, Warner regularly represents investment advisers in all of their legal needs from guiding clients through the regulatory process to supporting our clients in acquisition or divestiture. Warner’s unique knowledge of the investment adviser industry ensures that Warner attorneys will safely steer you through every aspect of the investment adviser regulatory or transactional landscape.