Halloran Sage represents a private brokerage and consulting firm in various matters. The firm most recently represented the client in a strategic transition of membership interests from the founders to a new generation of owners. A memorandum of understanding was prepared by the firm based on unique, custom deal terms, followed by preparation of definitive documents in accordance with the memorandum. The firm specifically prepared initial membership interest purchase agreements; a series of agreements for future installment purchases, reflecting an intent for the new members to purchase additional equity on agreed-upon milestones; and an amended and restated limited liability company agreement, including the new members and their respective percentages. The multi-part transaction successfully closed after months of negotiating, drafting, and consulting with the client’s team of external advisors. The Halloran Sage team was composed of Attorneys Robert Cox, Casey O’Connell, and Marla Katz.