BOCA RATON – March 26, 2019 – Stephen A. Mendelsohn and Rebecca G. DiStefano, both Boca Raton office shareholders of global law firm Greenberg Traurig, P.A., assisted longtime client Steinberg Global Asset Management (SGAM) with its agreement for a strategic transaction with The Colony Group, an independent, national wealth management firm. The businesses are set to close their transaction on May 1, 2019.
SGAM, which was co-founded in 1993 by Richard Steinberg, CFA, and his father, Norman Steinberg, currently manages over $1 billion for its clients. Under the terms of the agreement and at the completion of the transaction, Richard Steinberg will become Colony's chief market strategist, co-chair of its investment division, and a member of its executive team and Investment Committee.
“It has been a pleasure to assist Steinberg Global Asset Management through all phases of its growth over the years,” Mendelsohn said.
DiStefano added: “Greenberg Traurig attorneys’ significant experience in working with registered investment advisors on both the regulatory and transaction side has aided in our ability to help clients like SGAM achieve their business goals.”
Mendelsohn concentrates his practice on all aspects of commercial litigation through trial and appeals, with an emphasis on financial institutions, securities and real estate. He represents broker-dealers, registered investment advisors, hedge funds and private equity funds in securities litigation, and he defends officers and employees in Securities and Exchange Commission investigations of public companies.
DiStefano concentrates her practice in the areas of securities regulation, corporate finance, and mergers and acquisitions law and serves on the firm's Blockchain Task Force. She counsels public and private companies in areas including private placements, registrations, and crowdfunding under the JOBS Act of 2012 and the Securities Act of 1933, continuing disclosure requirements of the Securities Exchange Act of 1934, initial and continued listing of securities on the stock exchanges and electronic quotation systems and the creation and organization of non-U.S. regulated investment vehicles including private equity funds and hybrid funds. DiStefano also regularly represents clients before government agencies and SROs including the Securities and Exchange Commission and FINRA.
Mendelsohn and DiStefano were assisted in the transaction by West Palm Beach office Associate Laura D. Maxwell.
About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 39 offices in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: www.gtlaw.com; Twitter: @GT_Law.