Gregory L. Seltzer is an experienced transactional attorney who utilizes and combines his knowledge of legal, accounting, and business principles to provide comprehensive, practical, and creative business law services. He holds an MBA, is a Certified Public Accountant (currently inactive), and previously worked as an auditor and tax consultant for Ernst & Young, LLP.
He concentrates his practice on public and private merger and acquisition transactions, including private equity and venture capital financing transactions, securities offerings, and spin-out transactions.
Greg is a Practice Leader of the firm's Emerging Companies and Venture Capital Group. He represents entrepreneurs, startups and emerging companies in cutting-edge industries, including SaaS, virtual currency, biotech, mobile applications, and cloud-based technology, among others. He also represents venture capital firms, family office investors, and angel investors - allowing his practice to be informed by both perspectives. He co-founded and leads the firm’s widely recognized accelerator program: Ballard Academy for Student Entrepreneurs (BASE).
- Represented a sole proprietor in the sale of an insurance agency to a full-service insurance brokerage platform. Client received a mix of 85% cash and 15% equity (a rollover equity position in a subsidiary of the Buyer) and entered into a multi-year employment agreement under which the client will stay involved with the business post-closing.
- Represented the sole shareholder of an exhibit services company in the stock sale of an entity to a subsidiary of a public company traded on the Paris stock exchange
- Acted as the lead attorney and negotiator advising the City of Philadelphia and the Mayor regarding the historic sale of Philadelphia Gas Works (PGW), a complex auction transaction valued at approximately $2 billion. The transaction documents and negotiation were completed, but Philadelphia City Council failed to vote on the deal. The sale of PGW would have been the largest transaction conducted by the City of Philadelphia and the sale of the largest city-owned utility in the United States
- Negotiated and closed two public merger transactions, each with a transaction value exceeding $1 billion
Recognition & Accomplishments
Philadelphia Business Journal, "Best of the Bar," 2018
The Legal 500 US, mergers and acquisitions – middle-market (sub-$500m), 2018-2021, recommended as Leading Lawyer, 2020, 2021
Chambers USA, corporate/M&A and private equity law, (Pennsylvania), 2013-2021
Board Memberships & Community Service
Philadelphia Youth Basketball, Inc.
The Mann Center for the Performing Arts
The 1965 Project: The Intersection of History and Music in 1965 (2016)
The 1968 Project: The Intersection of History and Music in 1968 (2018)
Temple University James E. Beasley School of Law (M.B.A., J.D. 2003, cum laude)
Member, Temple Law Review; Recipient, Benjamin Winderman award for scholastic achievement in Temple University's J.D./M.B.A. program
Pennsylvania State University (B.S. 1998)