Photo of Frank D. Ballantine

Frank D. Ballantine Member

Areas of Practice

Bar Admissions

  • Illinois

Education

University of Michigan Law
School, Ann Arbor, Michigan, J.D.

Columbia University Graduate
School of Fine Arts, New York, New
York, Work toward MFA in Film

Haverford College, Haverford,
Pennsylvania, Honors in English, B.A.

Manchester College, Oxford
University; Junior Year

Frank Ballantine is a trusted advisor and counselor to senior management, boards of directors, and investors in public and private companies based in the United States and abroad, across a wide range of industries. Active client sectors include information technology, including mobile apps and solutions, food, life sciences, business services, manufacturers, distributors and lenders.

Frank serves innovative and rapidly growing businesses and the investors who fund them. Frank is outside general counsel to numerous businesses. He is lead transaction counsel to investors and management in venture and private equity investments, mergers and acquisitions, and debt financings. He also assists clients in joint ventures, marketing alliances and licensing. Frank has served or is serving ex officio on the Boards of 26 clients, as well as the advisory boards of two venture funds.

Frank frequently speaks on topics involving private equity and venture capital finance, mergers and acquisitions, securities transactions, and high-growth developmental companies.

Frank has been AV Peer Rated by Martindale-Hubbell and recognized by Chambers America’s Leading Lawyers. He has been named one of America’s leading mergers & acquisitions law attorneys in Best Lawyers and an Illinois Super Lawyer in securities & corporate finance.

Experience

Frank is outside general counsel of a private equity backed business-services client and outside counsel for a private equity backed industrial business headquartered in the U.S. with multiple foreign operations.

Frank represented a pioneer in the market for on-site, employer-based healthcare clinics and wellness programs in structuring and negotiating a $5.6 million growth capital investment by a New York based venture capital fund. The investment is intended to fuel the company's expansion from 100 employees in three states into a national market leader.

Frank is representing a Global 100 industrial company in distinctive commercial arrangements.

Frank represented Chicago’s Center for Neighborhood Technology in the sale of its innovative car sharing affiliate I-GO to the largest US rental car company, Enterprise Holdings. The MacArther Award recognized Center for Neighborhood Technology founded, funded, and was the sole member of I-GO, which enables effective city living without owning a car.

Frank is currently or recently has been working on the following cross border engagements: representing a $300 million revenue specialty chemical company in acquiring its Mexican distributor; representing a U.S. business in connection with its distributorship on behalf of an Italian OEM, its Belgian, Netherlands and Canada market entry, and its Colombian distributor; represented a UK-based specialty material business in its second U.S. acquisition, its UK IPO, and in a joint technology development agreement with a global market leader; representing a venture-backed real-time provider of specialty business information in connection with software development in Serbia and market entry in Canada and Brazil.

Frank is currently and recently has been representing startups and emerging growth businesses in strategy development, business organization and capital raising, including a mobile e-currency business, a mobile health informatics business, a big data analytics business providing financial risk management assessments, a mobile app based community celebrating distilled liquors, and a specialty menswear business based in Northern California.

Frank recently represented a CEO in equity and employment arrangements with a private equity fund with which he proposed to partner to buy an operating business, and Frank recently represented two executives in becoming the CEOs of private equity backed operating businesses, and he represented a fourth executive in becoming CEO of a family-owned business.

Memberships & Involvement

Chicago Shakespeare Theater; Board of Directors

Chicago Innovations Mentors; Lead Mentor

Two Venture Funds; Advisory Board Member

The Nature Conservancy in Illinois; Founding Chair; Corporate & Advisory Committee