Paul R. Eklund
- T. 617.439.2303
- F. 617.310.9303
- E. peklund@nutter.com
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Overview
Paul Eklund is a partner in Nutter’s Corporate and Transactions Department, chairs the firm’s Investment Funds practice group, and is a member of the Mergers and Acquisitions, Commercial and Real Estate Finance, and Philanthropy practice groups. Middle market companies, family-owned businesses, financial institutions, real estate developers and institutions, and not-for-profit organizations all rely on his 35+ years of experience and judgment in mergers and acquisitions, joint ventures and partnerships (both real estate and corporate), fund formations, corporate governance, finance, and business succession planning. Manufacturers and distributors, technology and software companies, health care companies, health insurers, and start-ups rely on his experience and judgment in facilitating their various business arrangements and growth. Financial institutions rely on his experience and judgment in asset-based, health care, and REIT lending, as well as mezzanine, subordinate, and bond financings. Paul’s clients include Bank of America, TD Bank, Tufts Health Plan, Pine Street Inn, Lallemand Inc., Tedeschi Food Shops, Equity Resource Investments, and PYMNTS.com.
Notable Experience and Client Impact
- Represented Tufts Health Plan in connection with its combination with Harvard Pilgrim Health Care.
- Represented Veracross LLC, a provider of software and services to independent primary and secondary schools, in its majority recapitalization by BV Investment Partners, a middle-market private equity firm focused on the business services, software, and IT services sectors.
- Represented Palisade Corporation, an Ithaca, New York-based provider of risk modeling and decision analysis software, in its recapitalization by Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis.
- Assisted an international manufacturing company in completing many strategic acquisitions of complementary, worldwide businesses, including resolution of issues related to significant IP assets and earn-out payments, and provided advice on many joint ventures and other strategic alliances.
- Represented a health insurance company in its acquisition of a not-for-profit Medicaid provider of health insurance, which included earn-outs, and in its acquisition of a for-profit durable medical equipment supply company.
- Assisted a privately-held real estate company in the corporate restructuring of its complex organizational structure, including the admission of an additional partner, and the buyout of the company’s investors in a myriad of partnerships, limited liability companies, and corporate general partners/managers.
- Represented a large regional convenience store chain in its sale to a strategic buyer. The transaction involved many stores, some of which were owner-occupied real estate and some of which were leased, some of which were company-operated and others of which were franchised, some of which sold liquor and/or gasoline, and all of which sold lottery tickets.
- Helped a regional distributor in its roll-up strategy, which included numerous acquisitions in same vertical space throughout the Northeast.
- Served as special counsel to the Board of Governors in connection with sale of the system to for-profit entity. Nutter was independent counsel to the Board with respect to fiduciary duties and processes in evaluating and approving the proposed transaction, and provided advice with regard to officers and directors liability insurance.
- Assisted a not-for-profit corporation in its consolidation with another not-for-profit corporation in a similar but complementary line of business. Provided advice on the structure of the transaction, both from the tax exempt, regulatory, and corporate perspectives. Documented and negotiated the transaction, and provided advice to the Board of Directors on governance considerations.
- Represented a not-for-profit corporation in a restructuring of its unusual and complicated corporate structure involving not-for-profit and for-profit corporations. Provided tax, corporate, regulatory, and governance advice to our client to enable it successfully to complete the restructuring.
- Represented the lender to a hospital system, including acquisition financing, bond financing, and revolving lines of credit.
- Represented various lenders in their loans to real estate investment trusts, real estate funds and other real estate sponsors.
Paul stays up to date through his involvement in several professional organizations as a member of the Association for Corporate Growth, the Family Firm Institute, and the National Association of Industrial and Office Properties. He is a member of the American, Massachusetts, and Boston Bar Associations. A sought-after author, Paul has written many articles on real estate funds and serves as the editor of LexisNexis’ Massachusetts Corporate Forms.
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Experience
Experience
News & Insights
News
Publications
Honors
Honors
- Massachusetts Super Lawyers, 2004-2005
Education & Admissions
Education
Harvard Law School, J.D., cum laude
Williams College, B.A., magna cum laude
Admissions
- Massachusetts
Practices
Industries
Industry Expertise
A sought-after author, Paul has written many articles on real estate funds and serves as the editor of LexisNexis’ Massachusetts Corporate Forms.
Noteworthy
- Massachusetts Super Lawyers, 2004-2005