Timothy R. Damschroder is the chairperson of the Business Law Practice Group at Bodman PLC.
He specializes in middle market M&A transactions (typically ranging from $30 million to $1 billion) and corporate finance. His middle market activities involve companies in a broad range of industries including software, IoT, big data, pharma and other technology based industries, manufacturing, publishing, automotive, aerospace, transportation, retail, food and beverage, construction, and healthcare. His active involvement with client transactions starts with pre-letter of intent negotiations and continues through to final closing. His primary value to clients is working to efficiently and effectively close transactions while helping clients understand and evaluate the important legal issues involved in transactions without hindering the client's business goals.
Mr. Damschroder also specializes in dealing with technology 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 a significant number of the start-up and spin-off companies that have licensed technology from U of M.
His corporate finance work includes fund formation, private placements, 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.
He is listed as one of four top-tier ranked lawyers in Chambers USA 2016 under Corporate/M&A – Michigan, being called, “an excellent choice of counsel for private equity and venture capital firms.”
In 2013, Michigan Gov. Rick Snyder appointed Mr. Damschroder to the newly created Michigan Health Endowment Fund Board. The Fund, which was created under Public Act 4 of 2013, will benefit the health and wellness of Michigan residents through programs focusing on children and seniors. Mr. Damschroder serves as Treasurer of the Fund, which is expected to receive up to $1.56 billion in contributions over 18 years.
Mr. Damschroder serves on the Board of Directors of the Washtenaw County United Way and on various committees of Zion Lutheran Church in Ann Arbor. He is a past president of the Business Law Section of the State Bar of Michigan, a past president of Board of Directors of Peace Neighborhood Center, a past vice chair of the Board of Directors of Nonprofit Enterprise At Work (NEW Center), and a past member of the St. Joseph Mercy Health System’s Development Council.