Photo of Stephen A. Tight

Stephen A. Tight Senior Counsel

Areas of Practice

Bar Admissions

  • Minnesota, 1997

Education

University of Minnesota Law School, J.D., 1997

St. Olaf College, B.A., 1993

  • Economics and English Literature

Steve Tight is an attorney located in Dykema's Minneapolis office. Steve has represented public and private companies, private equity firms, and venture capital investors in a wide variety of merger and acquisition transactions and investment transactions, ranging in value from less than $5 million to in excess of $1 billion.

His experience includes domestic and cross-border acquisitions, tender and exchange offers, contests for corporate control, going-private transactions, asset acquisitions and divestitures, spin-offs, joint ventures, venture capital and strategic investments, securities offerings, private equity transactions, and Securities and Exchange Commission reporting and compliance. Steve also serves as outside general counsel to many of his clients, advising on corporate governance, material transactions, debt and equity financings, intellectual property issues and other strategic matters

  • From 2009 through 2012, Steve was a Vice President, General Counsel and Chief Compliance Officer at St. Jude Medical’s Atrial Fibrillation Division headquartered in St. Paul, MN. When Steve left St. Jude in late 2012, the AF Division represented nearly $1 billion in annual revenue and was one of the fastest growing divisions at St. Jude. During his tenure, Steve was responsible for all aspects of the legal and compliance functions at St. Jude’s AF Division, including IP (both patent preparation and prosecution as well as patent litigation), commercial litigation, FDA Regulatory counseling and compliance, all legal aspects of the corporate development function, and the AF Division’s global business compliance activities.
  • Regularly represents Fortune 200 medical device manufacturers in connection with a wide range of commercial transactions including asset and business line dispositions, strategic investments, technology licensing transactions, and acquisitions (by merger, stock and asset purchase) of numerous companies, public and private, including:
    • One of the largest acquisitions of a venture-backed medical device manufacturer in the last decade – Medtronic’s acquisition of CoreValve, Inc. in early 2009
    • A global licensing and distribution agreement with, and strategic investment in, Arbor Surgical Technologies, Inc., a designer and manufacturer of heart valves
    • The acquisition of certain strategic assets and technology in a bankruptcy context from a Canadian company, Millennium Biologix Technologies, Inc., for a global medical device and therapeutics manufacturer in the Spinal and Biologics business
    • The proposed sale or spin-off of the automated external defibrillator business unit of a Fortune 200 medical device company that designed, manufactured and distributed external defibrillators and other emergency medical technology devices and equipment
  • Represented a Midwest-based, family owned and operated pharmacy / consumer products company in a $120M sale to a well-known Midwest-based private equity buyer.
  • Represented a Minnesota-based, nationally recognized entertainment company in the sale of its signature, annual, destination country music and camping festival to a strategic, public company buyer.
  • Counsel to Analysts International Corporation with respect to securities matters, SEC reporting and compliance, mergers and acquisitions, corporate governance, and general corporate matters.
  • Represented the management team of Midwest Dental Holdings in connection with the acquisition of Midwest Dental by Thoma Cressey Bravo from Svoboda Capital Partners.
  • Counsel to Grand Casinos, Inc. and Lakes Gaming, Inc. in Hilton Hotels Corporation’s $1.2 billion acquisition of Grand Casinos, Inc. and the simultaneous spin-off of Park Place Entertainment Corporation by Hilton and Lakes Gaming by Grand Casinos.
  • Counsel to SearchAmerica, Inc. in its sale to Experian in early 2009 for approximately $100 million.
  • Played a central role in the design and execution of the reorganization and recapitalization of two private software development companies and in several subsequent rounds of venture capital investment.

Memberships & Involvement

  • American Bar Association, Business Law Section
  • Minnesota State Bar Association
  • Hennepin & Ramsey County Bar Associations
  • Pro bono legal services for non-profit organizations and individuals
  • Speaker and author for CLE programs, seminars and publications

Community/Civic Activities

  • Past Chair, Rules and Officiating Committee, Medtronic Twin Cities Marathon Board of Directors
  • Executive Leadership Team, American Heart And Stroke Association Heart Stroke Gala (2012-2014)
  • Volunteer, Weekly food packet distribution - Nellie Stone Johnson Community School, a joint effort between The Sheridan Story, a Minneapolis food relief organization, Beth El Synagogue and Fredrikson & Byron, P.A.
  • Member, Board of Directors, Minneapolis Golf Club
  • Member, Mt. Olivet Lutheran Church - Minneapolis