On November 16, 2021, Granahan Investment Management, Inc. (GIM) and Kudu Investment Management, LLC announced that Kudu acquired a minority interest in GIM. Seward & Kissel is pleased to have represented Kudu in connection with this investment management industry transaction.

Granahan Investment Management, Inc., founded in 1985, is a small cap equity specialist with broad employee ownership and $5.8 billion in assets under management. The firm offers micro cap, small cap, mid cap, and SMID strategies for institutions and high net worth individuals worldwide. New York-based Kudu Investment Management provides long-term capital solutions—including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners—to asset and wealth managers globally.

Seward & Kissel LLP (www.sewkis.com) is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation. The firm’s Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that Seward & Kissel “advises on market-leading transactions within the industries where the firm has an international reputation, namely investment management and shipping.”

The company’s press release describing this transaction is available here.