E. Michael Johnson

E. Michael Johnson

Minneapolis P +1 (612) 492-6136 F +1 (612) 340-2868
Minneapolis P +1 (612) 492-6136 F +1 (612) 340-2868



He has extensive experience in mergers and acquisitions (M&A) of private and public companies in financial services and other industries. His experience includes insurance M&A transactions and related insurance regulatory matters. He also represents clients in joint ventures and private equity transactions.

Education & Admissions

University of Minnesota Law School (J.D., 1991), cum laude; Walter J. Trogner Scholar; Articles Editor, Minnesota Law Review

Morehouse College (B.S., Biology and Physics, 1986), summa cum laude; Phi Beta Kappa


  • Minnesota
  • Illinois
  • District of Columbia


  • U.S. Court of Appeals for the Sixth Circuit, Honorable Nathaniel R. Jones


Representative Transactions

Financial Services 
  • Thrivent Financial’s acquisition of Newman Long Term Care
  • U.S. Bank’s acquisitions of:
      • Deutsche Bank’s U.S. municipal bond trustee business
      • FSV Payment Systems, a prepaid card processing company
      • AIS Fund Administration, a leading provider of fund administration and related services to alternative investment managers
      • Union Bank’s institutional trust business providing services to retirement plans, labor management trusts and registered investment advisers
  • UnitedHealthcare's agreement to renew medical insurance coverage for The Principal Financial Group's medical plan customers
  • U.S. Bank's joint venture with Visa to create Syncada, a global financial supply chain network
  • RBC Capital Markets’ acquisition of Seasongood & Mayer, LLC
  • Special insurance counsel, The Hanover Insurance Group, Inc.’s sale of its run-off variable life insurance and variable annuity business to The Goldman Sachs Group, Inc. for $347 million
  • Special insurance counsel, Symetra Life Insurance Company’s sale to an investor group led by White Mountains and Berkshire Hathaway for $1.3 billion
  • LTC Global Solutions, Inc.’s purchase of renewal commissions from AF&L Insurance Company
  • Mutual of Omaha’s sale of its variable insurance products business to Security Benefit Life
  • CNA Financial Corporation’s sale of the variable life and variable annuity business of its subsidiary, Valley Forge Life Insurance Company, to the Phoenix Companies, Inc.
  • Lincoln Financial Group’s sales of its reinsurance business to Swiss Re for $2 billion, a block of variable annuity business to Allstate Life Insurance Company and a block of sponsored life insurance business to Protective Life Corporation
  • Swiss Re’s acquisitions of Southwestern Life Holdings, Inc. for $260 million and CIGNA’s U.S. life reinsurance business for $170 million
  • Lincoln Financial Group’s acquisitions of Aetna’s individual life insurance business for $1 billion, UNUM’s tax-sheltered annuity business for $70 million, John Alden Life Insurance Company’s employer medical stop-loss business for $41 million and Delaware Management Holdings, Inc. for $509 million
  • Hartford Life’s sale of a block of annuity business to Allstate Life
  • American States Financial Corporation’s sale to SAFECO Corporation for $3.1 billion
  • Jefferson-Pilot Insurance Company’s sale of its investment advisory business to Oppenheimer Funds, Inc.

Other Industries

  • Life Time Fitness CEO Bahram Akradi's rollover investment of $100 million in Life Time common stock in the acquisition of Life Time by affiliates of Leonard Green & Partners and TPG
  • Corero plc's acquisition of Top Layer Networks, Inc.
  • Integrated Decisions and Systems, Inc.’s (IDeaS’) sale to SAS Institute Inc.
  • Amcom Software, Inc.’s acquisitions of Teltronics, Inc.’s Telident 911 Solutions product line and XTEND Communications
  • 2ndWave Software, Inc.’s acquisition of Amcom Software, Inc.
  • The Scoular Company’s sale of a 100-million-gallon-per-year greenfield ethanol project to White Energy Holding Company, LLC
  • Allied Capital Corporation’s investments of $36.5 million to recapitalize Sweet Traditions, LLC, a franchisee of Krispy Kreme Doughnut Corporation, and $180 million to recapitalize Advantage Sales & Marketing, Inc.
  • Allied Capital Corporation’s sale of Advantage Sales & Marketing, Inc. to J.W. Childs Associates, L.P. and Merrill Lynch Global Private Equity for $1.05 billion
  • Advantage Sales & Marketing, Inc.’s acquisitions of In-Store Opportunities, Inc. (d/b/a Superfridge) and other specialty sales and marketing agencies
  • Lang Group Chartered’s sale to BDO Seidman, LLP
  • The Bureau of National Affairs, Inc.’s (BNA’s) acquisitions of STF Services Corporation and Kennedy Information, LLC
  • NEC Corporation’s lead investment in a $48 million round of financing of Zefer Corporation
  • Vitol Gas & Electric LLC’s sale of its power marketing business to Avista Corp.

Professional & Civic

Professional Achievements

  • Board of Advisors, University of Minnesota Law School
  • Fellow, American Bar Foundation
  • American Bar Association, Business Law Section
      • Member, Mergers and Acquisitions Committee
      • Member and former Membership Subcommittee Chair, LLCs, Partnerships and Unincorporated Entities Committee
      • Contributor, Prototype Limited Liability Partnership Agreement (2003)
      • Presenter and Moderator, Young Business Lawyer Institute (2005, 2006)
      • Contributor, Model Real Estate Development Operating Agreement with Commentary (2008)
E. Michael Johnson