Honigman Has Record Year with More Than 265 Corporate Transactions in 2017
Honigman Miller Schwartz and Cohn LLP announced today that the firm served as counsel on more than 265 corporate transactions that closed in 2017, once again topping the previous year’s total and setting a firm record. The total value of transactions came in at more than $15.8 billion, with the number of transactions growing an impressive 12 percent over 2016.
Honigman’s nationally-recognized Corporate department has grown rapidly over the past five years, with transaction values more than tripling, and the overall number of closed transactions nearly doubling.
“Honigman’s outstanding group of corporate attorneys, supported by talented and dedicated specialists in various legal disciplines, handles deals for a wide range of prominent corporations and private equity funds and sponsors, which drives the firm’s national reputation in mergers and acquisitions,” said Donald J. Kunz, Honigman’s Corporate department chair. “Our commitment to the highest client service standards makes Honigman a top choice for middle market sale and investment transactions.”
In 2017, Chambers USA: America’s Leading Lawyers for Business once again ranked Honigman’s Corporate/M&A practice as number one in Michigan. Honigman has stood alone in Michigan’s Band 1 ranking nearly every year for the past 15 years.
In addition to this recognition, Pitchbook, which provides comprehensive data regarding corporate transactions, ranked the firm 11th in the U.S. for private equity deals and 21st globally. Honigman was also ranked 18th in the U.S. and 28th globally for mergers and acquisitions. Additionally, Pitchbook ranked the firm 28th for venture capital transactions in the US.
Notably, Pitchbook ranked Honigman 3rd in the number of private equity deals in 2017 in the Great Lakes region, which includes Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin.
One of the more significant national transactions for Honigman in 2017 was the firm’s representation of tronc, Inc., the parent company of the Chicago Tribune and other significant media outlets, in its acquisition of the New York Daily News.
Honigman’s representation of North American Bancard, LLC, headquartered in Troy, Mich., in its acquisition of Total Merchant Services, Inc., located in Woodland Hills, Calif., was one of the firm’s most significant Michigan-based transactions.