Lee B. Kellert

Lee B. Kellert is a partner in the Southfield office of Jaffe Raitt Heuer & Weiss. He is the Co-Chair of the Firm's Corporate Practice Group and represents a wide range of clients in the areas of mergers and acquisitions, corporate finance, complex business transactions, securities and general corporate matters. Clients value Lee’s enthusiasm, responsiveness and practicality.

Mergers & Acquisitions:

Lee represents clients in buy-side and sell merger and acquisition transactions of all types, including asset purchases, equity purchases and mergers for a variety of clients, including private equity funds and fund-less sponsors. He has participated in numerous transactions across a wide-variety of industries and jurisdictions from letter of intent or initial exit planning to closing. 

Corporate Finance:

Lee works with established operations, entrepreneurs, private equity funds and sponsors and start-up and growing enterprises in structuring, negotiating and documenting debt and equity financings, including syndicated senior and mezzanine debt financings and private placements. In connection with his private equity sponsor practice, Lee has expertise in structuring and documenting complex capital structures of limited companies and partnerships, including operating and limited partnership agreements with multi-tiered distribution waterfalls and detailed governance provisions.

General Corporate:

Lee acts as outside general counsel to business clients and their principals advising them on day-to-day legal matters. These services cover a variety of issues, including advising on strategy and drafting and negotiating commercial contracts, employment and consulting agreements, non-competes and equity incentive plans and other award agreements. Lee also acts as outside general counsel for larger, institutional clients, including private equity fund portfolio companies.

Lee earned his Bachelor's degree from Washington & Jefferson College and is a magna cum laude and order of the coif graduate of Wayne State University State University Law School.

Representative Mergers and Acquisitions Transactions

  • Represented private equity sponsor in connection with the acquisition of a professional engineering and land surveying business
  • Represented private equity sponsor in connection with the acquisition of a dry cleaning chemical supply and distribution business
  • Represented private equity sponsor in connection with the acquisition of a precision components manufacturer
  • Represented private equity sponsor in connection with the acquisition of a food distribution and restaurant supply business
  • Represented precision components manufacturer in connection with the acquisition of more than 10 businesses in a 5 year period across multiple industry sectors, including automotive, aerospace and medical
  • Represented global insurance restoration and rehabilitation company in connection with more than 20 acquisitions over an 8 year period
  • Represented nationwide water and sewer pipe rehabilitation firm in connection with multiple acquisitions over an 8 year period
  • Represented private equity sponsor in connection with the acquisition of a textile manufacturer
  • Represented large scale manufacturing business in a sale to a family office backed buyer
  • Represented owner of multiple-location mental health therapy practice in a sale to a private equity buyer
  • Represented nationwide industrial services business in a sale to a private equity buyer
  • Represented Postle Aluminum Company in a $150M sale to Thor Industries
  • Represented Virginia Candle Company (Smith Mountain Industries) in a $100M sale to Newell Brands
  • Represented specialty food manufacturer in a sale to a private equity buyer
  • Represented propane services business in a sale to a publicly traded buyer
  • Represented encryption and anti-spam software developer and provider in a sale to a publicly traded buyer
  • Represented US-based management team in a $350M buyout of a German parent company

Representative Financing Transactions

  • Represented global insurance restoration and rehabilitation company in connection with initial financing and refinancing of $500M+ syndicated loan facility
  • Represented nationwide water and sewer pipe rehabilitation firm in connection recapitalization transaction, including equity offering and refinancing of senior and mezzanine debt
  • Represented precision components manufacturer in connection with recapitalization transaction, including equity offering and refinancing of senior and mezzanine debt
  • Represented private equity sponsor in connection with acquisitions financing (including equity and senior and mezzanine debt) for multiple new portfolio companies
  • Represented entrepreneur in connection with acquisition financing for multiple real estate portfolios
  • Represented prototype design and manufacturing business in connection with business, real estate and equipment financing
  • Represented precision components manufacturer in connection with equipment financing and capital lease credit facility
  • Represented nationwide water and sewer pipe rehabilitation firm in connection with equipment financing and capital lease credit facility

Bar Admissions

  • Michigan

Honors & Awards

  • Super Lawyers magazine Michigan Rising Star, 2008-2016

  • dbusiness Top Lawyer 2012, 2014, 2015, 2016, 2017, 2018

Professional Associations & Memberships

  • State Bar of Michigan—Member
  • American Bar Association—Member
  • Oakland County Bar Association—Member