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Attorneys of the Year: Charles P. Moorse

Attorneys of the Year: Charles P. Moorse

Lindquist & Vennum

In an acquisition that had even Forbes magazine swooning over its “unusually significant” effect on the health industry, Chanhassen-based Cardiocom Inc. was scooped up last year by Medtronic Inc. for $200 million.

Although the deal itself was notable for the amount, and its potential for giving Medtronic an entry into more telehealth services, for Lindquist & Vennum partner Chuck Moorse, there was much more to the story than just the result.

“We began working with Cardiocom back when it was a small family business, operating out of their home,” he said. “As they grew into becoming a major provider of patient home-monitoring services, we were there, right alongside them.”

The recent deal, coming after such a long professional relationship, provides a prime example of what drives Moorse in his practice area of mergers and acquisitions.

“What I love about my work is that there’s give and take in negotiations, but both parties have the same goal,” he said. “When you work with entrepreneurs, that goal, the sale of their company, could potentially be a once-in-a-lifetime event, and I enjoy getting them prepared for that transaction and advising them through the closing of the deal.”

Another major deal that Moorse recently completed was the representation of Airborne, Inc. when it was sold to Schiff Nutrition Group for $150 million. Also, in late 2012, he guided LeJeune Investment Inc. through the sale of its Audi, Porsche, and Mercedes dealerships in the Twin Cities.

After 25 years as an attorney, Moorse also enjoys assisting younger attorneys and spends significant time providing mentorship on an informal basis. He believes that he learned from some of the best M&A attorneys in the Twin Cities, and now sees an opportunity to pay it forward. “Hopefully, I can share my knowledge, now that I’m at the point where I’ve been around for a while,” he said. “That just makes our Twin Cities legal community even stronger.”

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