Mintz Counsels Granahan Investment Management in Minority Investment from Kudu Investment Management
Mintz served as legal counsel to Granahan Investment Management, Inc. (GIM), a small cap equity investment boutique with $5.8 billion in assets under management, in the recently completed sale of a minority interest in GIM to Kudu Investment Management, LLC, a provider of permanent capital solutions to asset and wealth managers.
As part of the new partnership, more than 75% of the equity in GIM will continue to be held by its employees, broadly distributed across the firm. In addition, GIM will retain its autonomy over the operations of the firm.
Founded in 1985, GIM focuses on small cap equity portfolios for institutional investors across the globe. GIM's suite of offerings includes U.S. micro, small, small-mid, and mid cap strategies, as well as international and global small cap. The firm serves as sub-advisor on four unaffiliated mutual funds in the United States and offers a range of Irish-domiciled Undertakings for Collective Investment in Transferable Securities funds to non-U.S. investors.
The Mintz team that counseled GIM was led by Members Daniel Follansbee and John Condon and included Member and Chair of the firm’s Israel Practice Ran Zioni, Member and Chair of the firm’s Investment Funds Group Loretta Shaw-Lorello, Members Andrew Matzkin and Roy Gillig, Special Counsel Patricia Moran, Associates William Bussiere, Julianne DeLeo, and Alexander Song, and Law Clerk Michael Goldberg.
Mintz’s Mergers & Acquisitions Practice includes an interdisciplinary group of more than 100 professionals from many areas of specialization, including corporate, tax, intellectual property, employee benefits, environmental, regulatory, real estate, antitrust, and others. The firm’s portfolio of successful deals includes transactions of virtually every size and type, from large public-to-public mergers to sales of private venture-backed businesses to negotiated and contested transactions and domestic, international, and cross-border transactions.