Mr. Damschroder is the chairperson of the Business Practice Group of Bodman PLC. He advises clients in matters involving mergers and acquisitions, corporate finance, general business, corporate governance, securities offerings, and tax. His primary value to clients is working to efficiently and effectively close transactions. He is a "get the deal done" lawyer. Mr. Damschroder advises clients on matters regarding private equity and venture capital financing, mergers and acquisitions, joint ventures, commercial loans, business transactions (domestic and international), business formation (corporation, limited liability company, and partnership), and corporate governance. His active involvement with client transactions starts with pre-letter of intent negotiations and continues through to final closing. He also specializes in dealing with hi-tech companies from start up, to transactions involving intellectual property, to venture capital financing, to eventual sale. Mr. Damschroder has significant experience working with the University of Michigan’s Technology Transfer Office. He is part of a Bodman team that has represented more than one-third of the start-up and spin-off companies that have recently licensed technology from U of M. His corporate finance work includes debt and equity financing (private equity, venture capital and angel investments), and derivative transactions including ISDA documentation, master agreements, interest rate swaps, currency swaps and other foreign exchange transactions (FX transactions), and options.
Board Governance and Corporate Transactions — Serves as outside general counsel to Grede Holdings LLC (formerly known as Citation Corp.) and to Key Plastics, LLC. In this capacity, he handles all merger and acquisition activities for these companies, board of director governance issues, and corporate finance transactions. In many instances, he manages the companies' other outside law firms, and also manages the non-corporate related needs of the companies
European Resturcture Transaction — Represented Key Plastics in planning and implementing the reorganization of its European operations. This complex transaction included the sale of non-core assets located in Germany, Spain, and the Czech Republic, the merger of two companies in the German group, securing a loan to the Luxembourg subsidiary to finance the reorganization, and an arm’s-length share purchase agreement to move certain assets from the German regional group to the Luxembourg holding company.
Dividend Recap — Represented Grede Holdings and its affiliates in connection with a refinancing and dividend transaction. The transaction involved a new loan agreement with GE Capital Corporation, an amendment to an existing loan agreement with Bank of America, and the issuance of a dividend to Grede’s members.
Private Equity Transactions — Negotiated and closed dozens of corporate finance transactions totaling well in excess of $1 billion including seed and follow-on funding, venture capital funding, mezzanine financing, syndicated loans, traditional bank financing, funding from the Michigan Economic Development Corporation (MEDC), raising funds for a private investment entity, and investing in institutional funds