Richard H. Calder

Overview

Richard Calder advises business owners, boards, and investors on mergers, acquisitions, and other transactions that change who owns or controls a company.

Much of Richard’s practice involves founder and family-owned companies at the point of a sale or a significant acquisition. He represents sellers working through the first sale of a business they built, strategic buyers growing by acquisition, and private equity sponsors on platform and add-on transactions. Clients rely on him to structure deals so the economics are clear, to keep negotiations moving, and to anticipate the issues that tend to surface after closing.

Richard co-founded Calder Prescott in 2011 after more than a decade in the corporate department of a large regional firm. He also advises boards and special committees on fiduciary duties and decision-making in conflicted and change of control transactions, and serves as outside general counsel to a number of privately held companies.

Representative experience

• Represented the founders of a precision components manufacturer in its sale to a strategic buyer, including an equity rollover for the management team.
• Advised a family-owned consumer products company on a sale to a private equity sponsor and the related succession plan for the second generation.
• Represented a healthcare services company in a series of physician practice acquisitions, including state regulatory approvals.
• Counseled a software company on its first acquisition, structured as a merger with an earnout tied to product milestones.
• Advised a special committee of independent directors on a proposed transaction with a controlling stockholder.
• Serves as outside general counsel to several founder-led companies on governance, board process, and commercial matters.

Education and admissions

Professional and community activities

• Member, Business Law Section, Bayport County Bar Association
• Former Chair, Corporation Law Committee, state bar business law section
• Board member, Bayport Regional Small Business Development Center
• Guest lecturer in mergers and acquisitions, Bayport University School of Law