Barbara Lano Rummel

Tel 612.371.3940
Fax 612.371.3207

Barbara Rummel is a member of Ballard Spahr's Elected Board. For more than 25 years, she has counseled boards of directors, executive officers, and owners of public and privately held businesses in making critical business decisions involving strategic objectives, corporate finance, mergers and acquisitions, governance, initial public offerings, and securities issues.

Barb has completed numerous M&A transactions involving public and privately held businesses, with deals ranging in size from under $10 million to more than $1 billion. Her experience covers a range of industries, with a particular emphasis on the life sciences, including medical device, pharmaceutical, and biotechnology companies. She has recently completed acquisition transactions in the water solutions and financial services industries.

Barb's community involvement includes assisting FINNEGANS for more than a decade to advance its social enterprise, including the recent development and financing to construct the FINNEGANS House project in Downtown East Minneapolis.

Representative Matters

  • Represented leader in water purification technology in acquisition of innovative water solution technology
  • Represented Greystone in acquisition of special loan servicing portfolio of C-III Asset Management
  • Led M&A team in acquisition of general partner of a publicly traded partnership that provides financing for multifamily residential properties
  • Represented Upsher-Smith Laboratories in the acquisition of assets of two branded pharmaceutical products for the treatment of migraines
  • Led M&A transaction for client in sale of a late-stage anti-epilepsy drug development program to a global biopharmaceutical company for an up-front cash payment of $150 million and contingent payments of up to $220 million based on certain regulatory approval and sales-based milestones.
  • Represented Upsher-Smith Laboratories in the sale of its generic pharmaceuticals business to Sawai America, Inc. for $1.1 billion
  • Represented FINNEGANS Brew Co. and FINNovation Lab LLC in structuring and negotiating the development of the FINNEGANS House project in Downtown East Minneapolis, which includes a brewery, taproom and hotel as well as a social entrepreneurship venture and workspace
  • Served as local counsel to consumer goods private equity firm in financing for acquisition of maker of wearable infant blankets
  • Provided local counsel to buyer in $178 million acquisition of publicly-held transportation software company
  • Represented telehealth service provider in $200 million sale to a major medical device company
  • Represented publicly held medical device manufacturer in sale of product line to health and fitness company
  • Local counsel for buyer (a subsidiary of a global healthcare company) in $360 million tender offer of publicly-held medical device company
  • Counseled independent grocer in acquisition of seven store locations from national grocery chain
  • Represented independent insurance agency in sale to industry leader building a national platform
  • Counsel to publicly held medical device manufacturer in $100 million tender offer sale to industrial technology company
  • Represented biomedical manufacturer in license of technology platform from major US research institution
  • Sale of UK research facility and early-stage drug development programs to UK buyer

Professional Activities

American Bar Association, Member

Minnesota State Bar Association, Member

Hennepin County Bar Association, Member

Minnesota Women Lawyers, Member

Recognitions and Accomplishments

The Best Lawyers in America, mergers and acquisitions law, corporate law, 2019-2020

Named "Notable Practitioner" by IFLR 1000 for banking/financial services, 2018-2020

Minnesota Super Lawyers, 2003, 2004, 2006-2008, 2015, 2016; Top Women Attorneys in Minnesota, 2016; Rising Star, 2004

Minneapolis/St. Paul Business Journal – Top Woman in Business, 2014; "Forty Under 40," 2004

Finance & Commerce – Top Woman in Finance, 2013 


Co-author, "Ballard Spahr Gears Up for a Busy 2019," M&A Magazine, January 2019 

Speaking Engagements

Presenter, "Best Law Firms for Women - Policies, Practices, and Initiatives that Work," Minnesota CLE (also 2013), January, 2014

Panelist, "Capital Raising Under the JOBS Act: One Year Later," 27th Annual Minnesota Venture & Finance Conference, January, 2013

Moderator, "Alternative Funding Options in a Challenging Market," LifeScience Alley 12th Annual Conference & Expo, January, 2013

Moderator, "Views From Serial Entrepreneurs: The Landscape Today vs. 5-10 Years Ago," MidAmerica Healthcare Venture Forum, January 1, 2012 

Community Activities

FINNEGANS Community Fund, Volunteer Attorney

Drake University Law School (J.D. 1990, with honors)

Winona State University (B.S., cum laude, 1986)