Rachel Benedict
PEOPLE

Rachel Benedict

Partner
benedict.rachel@dorsey.com

Overview

RACHEL HELPS PUBLIC AND PRIVATE COMPANY CLIENTS ACHIEVE THEIR BUSINESS OBJECTIVES THROUGH A VARIETY OF CORPORATE TRANSACTIONS, INCLUDING MERGERS AND ACQUISITIONS, CORPORATE REORGANIZATIONS, JOINT VENTURES, AND TECHNOLOGY TRANSACTIONS.
Rachel's mergers and acquisitions experience includes representing both buyers and sellers in a variety of transactions, including asset purchases, stock purchases, mergers, divestitures, carve-outs and joint ventures. Rachel also advises clients on a range of corporate governance, commercial contracting and general corporate matters. She has managed complex transactions in various industries, including health, food, beverage & agriculture, and technology.

Education & Admissions

University of Minnesota Law School (J.D., Business Law Concentration, 2013), magna cum laude; Managing Editor, Minnesota Law Review; Minnesota State Bar Association Excellence in Employment Law Award (2013); Minnesota Law Review Outstanding Staff Publication Award (2012)

Calvin College (B.A., 2010), English and Business department honors

Admissions

  • Minnesota

Experience

Representative Transactions

  • Chelan Fruit Cooperative in its sale to an agricultural investment manager
  • Land O’Lakes in numerous joint ventures for its feed and agronomy businesses
  • Niagara Bottling in an asset sale and long-term supply agreement
  • Glacial Lakes Energy, LLC in the purchase of assets of a renewable energy company
  • UnitedHealthcare in the acquisition of a third party administrator
  • Optum in the acquisition of numerous physician practices
  • Optum in the acquisition of a specialty benefit management company
  • United HealthCare Services in the acquisition of a hearing services plan
  • United HealthCare Services in the acquisition of a medical transportation benefits provider
  • Optum360 in a revenue cycle management services transaction with a hospital systems
  • Optum in the acquisition of a specialty benefit management company
  • Best Buy in its acquisition of a senior remote monitoring company
  • A health benefits technology company in the negotiation of license and services agreements with health insurers and the sale of equity to a private company
  • Xcel Energy, Inc. in the acquisition of Border Winds and Pleasant Valley wind farm projects
  • Privately held medical technology companies in preferred stock and convertible note financings
  • A major medical device company in the divestiture of an international business unit
  • The Mosaic Company in a $2 billion senior note offering

Industries & Practices

  • Closely Held Businesses
  • Corporate Governance & Compliance
  • Emerging Companies
  • Healthcare & Life Sciences
  • Mergers & Acquisitions
  • Technology Commerce

Professional & Civic

Professional Achievements

  • Minnesota State Bar Association

Accolades

  • Listed as a Minnesota Super Lawyers Women’s Edition, 2020-2022
  • Listed as a "Rising Star" by Minnesota Super Lawyers, 2020-2021
  • Selected for the Leadership Council on Legal Diversity (LCLD) Pathfinders Program, 2018

North Star Lawyer

  • MSBA North Star Lawyer, 2014 and 2015
Rachel Benedict