Related Services

Corporate and Securities

Education

University of Texas School of Law, J.D.
Honors: with honors
University of Michigan, B.S.M.E.
Mechanical Engineering
Honors: magna cum laude; Tau Beta Pi (National Engineering Honor Society)

Admitted

Michigan

T 734.418.4250

F 734.418.4251

vCard

Ann Arbor
130 S. First Street
4th Floor
Ann Arbor, Michigan 48104-1386

David N. Parsigian

Office Managing Partner and
Private Equity and Venture Capital Practice Group Co-Chair

Partner

Areas of focus include finance, corporate, and securities law, with a particular emphasis on representation of emerging technology companies from inception through acquisition or initial public offering, extensive work in venture capital finance, private placements, joint ventures, technology licensing, strategic alliances, and mergers and acquisitions.
Representation of high-technology companies in information technology, biotechnology and life sciences, medical devices and advanced manufacturing industries.
Representation of institutional venture firm and individual investors in their high-technology investment activities.
Representative Venture Fund Clients
- Arboretum Ventures
- Renaissance Venture Capital Fund
- DTE Energy Ventures
- RPM Ventures
- Seneca Partners
- Venture Michigan Fund
- Wolverine Venture Fund
Representative Company-side Financing Transactions
- Applimation, Inc. (Series A, B and C)
- Esperion Therapeutics, Inc. (Series A)
- Foresee Results, Inc. (Series A)
- GenSyn Technologies, Inc. (Series A)
- Healthplace America, Inc. (Series A)
- HistoSonics, Inc. (Series A)
- Metabolic Solutions Development Company (Series D)
- NephRx Corporation (Series B and C)
- Nymirum, Inc. (Series A)
- Rubicon Genomics, Inc. (Series A and B, convertible debt and Michigan Technology Tri-Corridor financing)
- Swift Biosciences, Inc. (Series A)
- Tolera Therapeutics, Inc. (Series A and B)
- Venture Michigan Fund (in its $200 and $250 million structured debt financings)
Representative Mergers and Acquisitions
- Adaptive Materials, Inc. (in its sale to Ultra Electronics)
- Afmedica, Inc. (in its sale to Angiotech Pharmaceuticals, Inc.)
- Altarum Institute (in its sale of NewVectors Holdings and its acquisitions of KAI Research, Inc. and Palladian Partners)
- American International Airways, Inc. (in its sale to Kitty Hawk, Inc.)
- Applimation, Inc. (in its acquisitions of Tickmark Solutions, Inc. and Gamma Enterprise Technologies and in its $40 million sale to Informatica, Inc.)
- Cielo MedSolutions, LLC (in its sale to The Advisory Board)
- Merchant Internet Group, Inc. (in its sale to Netlink Corporation)
- NSF International (in its acquisitions of Quality Assurance International, Davis Fresh Technologies, Surefish and Pharmalytica Services)
- Neural Intervention Technologies, Inc. (in its sale to W.L. Gore & Associates)
- Optiant, Inc. (in its sale to WebMD, Inc.)
- Picometrix, Inc. (in its sale to Advanced Photonix, Inc.)
- T/J Technologies, Inc. (in its sale to A123 Systems, Inc.)
- Xoran Technologies, Inc. (in the sale of its dental division)

Professional Involvement

American Bar Association
- Negotiated Acquisitions and Venture Capital and Private Equity Committees
State Bar of Michigan

Community Involvement

Ann Arbor SPARK (the economic development organization focused on establishing the Ann Arbor region as a destination for business expansion, retention and relocation)
- Board Secretary
- Executive Committee Member
University Musical Society
- Treasurer
- Board Member
University of Michigan Museum of Art, National Advisory Board Member
Arbor Area Chamber of Commerce, former Chairman of the Board 2006
Great Lakes Entrepreneurs Quest (a business plan competition for the State of Michigan), Founder and former Executive Committee Member
Nonprofit Enterprise at Work (business support for nonprofit organizations), former Board Member
Washtenaw Community College Foundation, former Chair, 2002-2004

Honors

Chambers USA: America's Leading Lawyers for Business, 2006-2012
- Recognized as one of America's leading business lawyers in the Corporate/Mergers and Acquisitions field in Michigan
- 2012 Chambers Guide adds, "David Parsigian is a highly respected attorney who is noted for his expertise in private equity and venture capital matters. He is particularly active in the IT and life sciences industries."
Michigan Economic Development Corporation - Michigan Investment and Commercialization Success Award
The Best Lawyers in America, 2007-2013
The Best Lawyers’ 2013 Ann Arbor Mergers & Acquisitions Lawyer of the Year
DBusiness, Top Lawyers, 2013
Michigan Venture Capital Association “Above and Beyond” Award for representation of the Venture Michigan Fund
Michigan Super Lawyers, 2008-2012
- Recognized in the Top 100 rankings, 2009
Martindale-Hubbell AV® Preeminent™ Peer Review Rated

Speeches and Conferences

“Selling the Venture-Backed Company,” M&A Boot Camp, DealLawyers.com
“Equity in Licensing Transactions,” University v. Business Perspectives; Starting a Technology Startup; and “Funding the Gap,” all presented at the Association of University Technology Managers Conferences and 2008 Annual Meeting
“Legal Aspects of Angel Investing,” presented at Angel Investing, seminar sponsored by the Zell Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business
“Opinions of Counsel in Commercial Transactions,” presented at a seminar sponsored by the Detroit Metropolitan Bar Association
“Private Equity Finance,” presented at The Lifecycle of a Business: Advising Ongoing Business Enterprises, The Institute for Continuing Education
“The Entrepreneur’s Board: Friend or Foe or Both,” Kalamazoo Venture Tuesday
Panelist and Moderator – Michigan Growth Capital Symposium: “Art of the Exit” and “Angel Investing”

Prior Employment Experience

Miller, Canfield, Paddock and Stone, P.L.C., Senior Partner, 1993-2006; Associate, 1984-1992 (Deputy Leader, Corporate and Securities and Leader, High-technology Ventures Group)
Neuman, Williams, Anderson & Olson, Summer Law Clerk, 1984
Exxon Chemical Company, Engineer, 1980-1982

Teaching Experience

University of Michigan Law School, Adjunct Clinical Assistant Professor - Zell Entrepreneurship and Law Program
University of Michigan Ross School of Business, Lecturer on venture capital finance
Michigan State University Broad College of Business, Lecturer on venture capital finance
Wayne State University Business School, Lecturer on venture capital finance
Wayne State University Law School, Lecturer in courses and seminars on finance