Practices

Admissions

  • Illinois

Education

Harvard University

University of Pennsylvania Law School (J.D.)

Wharton School of Business (M.B.A.)

London School of Economics

Profile

Craig McCrohon specializes in corporate, securities, and mergers and acquisitions law at Burke, Warren, MacKay & Serritella. He advises companies and investment funds regarding mergers and acquisitions, corporate transactions, director and officer liability, corporate finance, and financial institution regulatory and acquisition matters. His work has included bank organization and acquisitions; venture capital; securities offerings; and domestic, European, and Asian joint ventures.

Mr. McCrohon is a graduate of Harvard University and received his joint law degree and M.B.A.  from the University of Pennsylvania and the Wharton School of Business. He was a graduate student in law and economics at the London School of Economics. He worked with the legal staff of the United States Senate Committee on Banking and served as president of the Board of Directors of the Technology Executives Roundtable of the Evanston/Northwestern University Research Park. Mr. McCrohon was also named by the Chicago Lawyer as one of the "40 Under 40 Outstanding Illinois Attorneys" and is listed as one of the "Leading Lawyers in Illinois" for corporate and technology transactions, a listing that recognizes the top five percent of attorneys as selected by their peers. He serves as Trustee and Investment Committee chairman for the $18 billion Illinois University Retirement System. 

Experience

Selected Transactions and Projects:

Securities:

  • Initial public offering for database software firm
  • Initial public offering for web-based media firm
  • Private offering of public securities for Midwest energy company
  • $100 million venture capital offering by Midwest software company
  • Dozens of private offerings to thousands of investors for an aggregate value exceeding $500 million

Software and Data:

 

  • Strategic international licenses for financial and non-financial providers of transaction data
  • Acquisitions, divestitures, and joint ventures involving data analytics software firms and data processing firms
  • Venture capital financings for data firms in the United States and Europe
  • Strategic intellectual property contribution and structuring transactions in the organization or reorganization of data and software firms
  • Representation of numerous early and late stage software development firms

Financial Services:

  • Financial data licensing and transaction processing strategic venture for Fortune 10 company
  • $360 million restructuring and spin-off for publicly held, consulting services firm
  • Financial regulatory filings and review for $10 billion bank holding company acquisition
  • $250 million sale of bank holding company
  • $110 million acquisition of division of trust bank
  • Negotiation with federal regulators to reduce bank holding company capital requirements
  • Negotiations with federal and state regulators to reduce compliance penalties involved with alleged violations of the Bank Secrecy Act, lending limit restrictions, and safety and soundness requirements
  • $96 million acquisition of energy equipment company
  • Entity sales and purchases for private equity funds of portfolio firms, with transactions ranging from $10 million to $130 million
  • Leveraged ESOP acquisition of bank holding companies
  • De novo chartering of commercial banks
  • Strategic alliances in Europe for retail data licensing firm
  • $75 million investment in Asian energy utility
  • Institutional venture capital investments in software and data companies

Professional/Community

  • Illinois State Universities Retirement System, Trustee and chairman of the Investment Committee responsible for management of $20 billion
  • Association for Corporate Growth, Chicago, board member
  • Better Government Association, past board member
  • Infant Welfare Society of Chicago, past board member
  • Chicago Bar Association, Corporate Law Department Committee, past chairman
  • Chicago Bar Association, Consumer Financial Services Committee, past chairman

Pressroom

330 North Wabash Avenue, Suite 2100
Chicago, Illinois 60611-3607
T: 312.840.7000
F: 312.840.7900