Robert E. Tunheim

Partner

tunheimr@ballardspahr.com
Tel 612.371.3915
Fax 612.371.3207
Minneapolis

Robert Tunheim is Co-Practice Leader of Ballard Spahr's Private Equity Group. He represents clients in mergers and acquisitions, corporate finance transactions and general business matters. He provides counsel to a variety of private equity groups in their formation, investments and liquidation transactions. His M&A and corporate finance work includes handling control transactions, minority investments, mezzanine financing transactions and corporate restructurings. Bob also provides general legal advice to businesses, including many of his private equity clients’ portfolio companies, on a variety of issues, including contract, finance, securities, licensing, choice of entity and other matters.

Representative Matters

  • Represented Productivity, Inc. in its acquisition of Monkton’s Machine Tools, Inc.
  • Represented Wealth Enhancement Group, LLC in its sale to Lightyear Capital
  • Represented Bayview Capital Partners in its co-investment with Goldner Hawn Johnson & Morrison in Quest Events
  • Represented Bloodhound Investment Research, Inc. in the sale of a majority equity interest to Minnesota Ventures, LLC
  • Represented Convergent Capital Partners in a subordinated debt investment in Nutiva
  • Represented Downs Food Group, Inc. in its acquisition of Fairmont Foods, Inc.
  • Represented Bayview Capital Partners in its acquisition of Seaway Plastics
  • Represented Convergent Capital Partners in a subordinated debt investment in Staging Concepts
  • Represented Convergent Capital Partners in a subordinated debt investment in Poblocki Sign Company
  • Represented Checkers Industrial Products, LLC in its sale to an affiliate of Audax Group
  • Represented Tonka Bay Equity Partners in the sale of its portfolio company Aero Systems Engineering, Inc.
  • Represented Angie's Artisan Treats, LLC in the sale of a majority equity interest to TPG Growth
  • Represented Convergent Capital Partners in a subordinated debt investment in Tavant Technologies
  • Represented Spell Capital Mezzanine Partners in a subordinated debt investment in Las Vegas Color Graphics
  • Represented Wealth Enhancement Group, LLC in its acquisition of Summit Wealth Advisors, LLC
  • Represented Convergent Capital Partners in a senior and subordinated debt investment in Bay West LLC
  • Represented AST Bearings LLC in their sale to Motion Industries, Inc.
  • Represented GMB Mezzanine Partners in a subordinated debt investment in Control Devices, LLC
  • Represented SPINS LLC in its acquisitions of Third Solutions Inc., Data Garden and Destini LLC
  • Represented Aero Systems Engineering, Inc. in the sale of Celtech Corporation to Atec Inc.
  • Represented GMB Mezzanine Capital in its subordinated debt investment in Calcium Products
  • Represented Bayview Capital Partners in its acquisition of Q Dental Group
  • Represented Bayview Capital Partners in its acquisition of Quick Cable Inc.
  • Represented DentiGrafix LLC in its formation and early-stage financing

Professional Activities

American Bar Foundation, Fellow

American Bar Association, Member

Minnesota State Bar Association, Member

Hennepin County Bar Association, Member

Awards and Recognitions

The Legal 500 US, mergers and acquisitions – middle-market (sub-$500m), 2019

Chambers USA: America's Leading Lawyers for Business, corporate/M&A law, 2017-2019

Minnesota Super Lawyers, 2015-2019

The Best Lawyers in America, mergers and acquisitions law, 2015, 2017-2019

11th Annual M&A Advisor Awards, Finalist, M&A Deal of the Year: Between $10M and $25M, 2012

North Star Lawyer, Minnesota State Bar Association, 2013, 2014, 2016, 2017

Publications

"Negotiating Intercreditor Agreements: Top Ten Tips for Mezzanine Lenders," Dealmaker Counsel, November 1, 2011

"Negotiating Intercreditor Agreements: Top Ten Tips for Mezzanine Lenders," The Real Estate Journal, Thomson Reuters Publications, October, 2011

Speaking Engagements

Business Law for Controllers & CFOs, MNCPA Management and Business Advisers Conference, June 21, 2017

Congressman Emmer Presents at Lindquist and MPMA Event, September 14, 2015

"Board of Director Duties and Protections," Marsh & McLennan Agency, February 20, 2014

"Private Equity & Alternative Equity Strategies: 2013 – An Improving Economy and Lots of Money on the Sidelines," The Collaborative, April 20, 2013

“Boards of Directors I: Developing and Motivating a Great Board,” The Collaborative Innovation Series, January 20, 2013

Minnesota Venture & Finance Conference Panel: Exit Strategies, October 11, 2012

"Exit Strategies: Liquidity for You and Your Investors," The 26th Annual Minnesota Venture & Finance Conference, October 1, 2012

Community Activities

Norway House, Board Chair, 2017-present

Rotary Club of Orono, President, 2013-2014

Orono Public Schools, School Board Chair, 2010-present

Trinity Lutheran Church, Finance Committee Chair, Capital Fund Committee Chair, Past President

University of Minnesota Law School (J.D., 1988, cum laude, Order of the Coif)

Carlson School of Management, University of Minnesota (M.B.A., Finance, 1985, with honors)

Concordia College (Moorhead) (B.A., Economics, History/Political Science, 1982, summa cum laude)

Minnesota