Overview

Nicholas M. Tipsord works on a wide array of corporate transactional matters with an emphasis on advising buyers and sellers in mergers and acquisitions. Nick has represented public and private companies–including management teams and other minority interests–in stock and asset acquisitions, mergers, divestitures, and other complex transactions across a broad range of industries, financial institutions, investment management, healthcare, sports, manufacturing, telecommunications and information technology. Knowing that each transaction is unique, Nick will structure a deal to best meet his client’s needs.

Nick has extensive experience representing privately held companies as outside general counsel. In this role, Nick collaborates with colleagues in the Private Clients, Trusts and Estates Practice Group to draw on the firm’s resources to meet the client’s legal needs, whatever they might be.

Nick is experienced in the formation and governance of all types of entities. Whether starting something new or acquiring something old, Nick focuses on a client’s current practices and future goals to recommend the preferred course of action. With a deep understanding of his clients’ businesses, Nick appreciates how his legal advice will impact their operations.

Previous Experience

Nick gained valuable experience as a Schiff Hardin summer associate in 2012. He previously served as an intern for U.S. Magistrate Judge David G. Bernthal in the U.S. District Court for the Central District of Illinois.

  • Experience

    • Represents Wintrust Financial Corporation (Nasdaq:WTFC), a $32 billion financial holding company, in its acquisition strategy, including the acquisition of over a dozen community bank and specialty finance targets.
    • Represents World’s Finest Chocolate, a privately held chocolate manufacturing company, in its acquisition strategy.
    • Represents Impact Networking, a business automation and technology solutions company, acting as its outside general counsel.
    • Represented several management teams and other minority interests in their equity sales and rollover transactions.
    • Represented Snap-on Incorporated (NYSE:SNA), a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions, in the acquisitions of Sweden-based Car-O-Liner Holding AB, Sturtevant Richmont and Norbar Torque Tools.
    • Represented Roper Technologies (NYSE:ROP) in the acquisition of BillBlast, an e-billing software, by its Aderant unit.
    • Represented TTS Tooltechnic Systems, a privately held company based in Germany, in its acquisition of SawStop.
    • Represented Altaris Capital Partners, an investment firm focused on investing in the healthcare industry, in its acquisitions of Analogic, CMP Pharma, and HealthTronics, and its dispositions of Ci Medical Technologies, International Medical Group, and Oso BioPharmaceuticals.
  • Credentials

    Education

    • University of Illinois College of Law, J.D., 2013, magna cum laude
      Journal of Law, Technology & Policy, Member
      CALI Excellence for the Future Award – Insurance Law and Policy
    • University of Illinois, B.S., Finance, 2010, summa cum laude

    Bar Admissions

    • Illinois
          • Insights

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            Alert

            Four Considerations When Entering Into a 50/50 Business Relationship

            Unlike businesses with a single controlling owner or several owners, a 50/50 business by its very nature is ripe for disagreement between its owners. Owners of a 50/50 business will need to proactively consider how to handle disagreements when setting up their business venture and drafting their operating agreement, shareholders agreement, or partnership agreement.

            News Release

            Schiff Advises First Mid Bancshares, Inc. in Pending Acquisition of LINCO Bancshares, Inc.

            Schiff Hardin LLP is serving as legal counsel to First Mid Bancshares, Inc. in its pending acquisition of LINCO Bancshares, Inc. for an aggregate purchase price of approximately $144.9 million.

            Alert

            Senate Approves Additional Funding for Small Businesses

            Earlier today, the U.S. Senate passed a bill appropriating additional funding to the Paycheck Protection Program, which ran out of funds in the middle of last week. The House is expected to pass the measure on Thursday, after which President Trump is expected to sign it into law.

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            Schiff Elects Three Attorneys to Partnership

            Schiff Elects Three Attorneys to Partnership

            News Release

            Schiff Hardin Advises Wintrust in Two Chicago-Area Bank Acquisitions

            Schiff Hardin advised Wintrust Financial Corporation (Nasdaq: WTFC) on the signing of a definitive agreement to acquire STC Bancshares Corp., the parent company of STC Capital Bank, which operates five banking offices located in the communities of St. Charles, Geneva, and South Elgin, Ill.

            News Release

            Schiff Hardin Advises Wintrust on Three Year-End Acquisitions

            Schiff Hardin LLP advised Wintrust Financial Corporation (Nasdaq: WTFC) on the recent completion of three bank and financial institution acquisitions.

            News Release

            Schiff Represents Wealth Adviser Gary Hirschberg in Launch of Aaron Wealth Advisors

            Schiff represented veteran wealth adviser Gary Hirschberg, who spent the last 12 years at Goldman Sachs advising multi-generational families on taxation issues and philanthropy, in the launch of a new independent wealth management firm called Aaron Wealth Advisors.

            News Release

            Schiff Hardin Advises Wintrust on Two Chicago-Area Bank Acquisitions

            Schiff Hardin advised Wintrust Financial Corporation (Nasdaq: WTFC) on the successful completion of its acquisition of Chicago Shore Corporation, the parent company of Delaware Place Bank.

            News Release

            Schiff Advised Altaris on $1.1 Billion Take-Private Acquisition of Analogic

            Schiff Hardin LLP served as legal counsel to Altaris Capital Partners in connection with an Altaris affiliate’s acquisition of Analogic Corporation for approximately $1.1 billion.

            Alert

            Top 10 Issues Facing Financial Institutions in 2017: #2 Mergers & Acquisitions

            Higher valuations, improving multiples, more capital, and the potential for regulatory relief are all contributing to increased consolidation in the financial institutions market in 2017.

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          Solving Disputes Among Business Partners and Owners

          This ongoing series will help owners anticipate potential problems when structuring their businesses and find solutions to issues that commonly arise among owners of privately held businesses, both before and during litigation. MORE