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. Rachel also serves as firm Recruiting Co-Chair. 

Education & Admissions

University of Minnesota Law School (J.D., Business Law Concentration, 2013), magna cum laude; Managing Editor, Minnesota Law Review

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

Admissions

  • Minnesota

Experience

Representative Transactions

  • Optum in numerous acquisitions of physician practices, benefits management companies, and health technology companies
  • United HealthCare in the acquisition of a hearing services plan, a third party administrator, and a medical transportation benefits provider
  • Optum360 in a revenue cycle management services transaction with a hospital system
  • Best Buy in the acquisition of a senior remote monitoring company and a consumer goods 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
  • 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
  • Foundant Technologies in the sale of equity to L Squared Capital Partners
  • Glacial Lakes Energy, LLC in the purchase of assets of a renewable energy 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

News & Resources

Industries & Practices

  • Corporate Governance & Compliance
  • Emerging Companies
  • Food, Beverage & Agribusiness
  • Healthcare & Life Sciences
  • Mergers & Acquisitions
  • Technology

Professional & Civic

Professional Achievements

  • Minnesota State Bar Association

Accolades

Diversity Inclusion Recognition 2023

  • Contributed more than 50 Diversity hours, 2023
  • Named to "The Power 30: Mergers & Acquisitions" by Minnesota Lawyer, 2023
  • Listed as a "Rising Star" by Minnesota Super Lawyers, 2020-2023
  • Selected for the Leadership Council on Legal Diversity (LCLD) Pathfinders Program, 2018
Rachel Benedict