James E. Long Jr.
Partner
Overview
James "Ted" E. Long Jr. is a member of Holland & Knight's Corporate, M&A and Securities Section, where he focuses his practice primarily on corporate law. Based in the Boston office, Mr. Long helps companies and investors navigate complex corporate and transactional matters across the full transaction life cycle.
Mr. Long represents buyers and sellers in mergers and acquisitions (M&A), investments in alternative funds and transactions involving early-stage companies. He represents buyers, including private equity-backed ventures executing roll-up strategies, and sellers in structuring and documenting acquisitions of closely held businesses. Most recently, he assisted with an insurance brokerage roll-up involving more than 175 acquisitions. Mr. Long handles every phase of a transaction, from letter of intent through closing and post-closing matters, including negotiation of purchase agreements, disclosure schedules and ancillary documents.
In fund investment matters, Mr. Long represents family offices, pension funds and community foundations in investments in venture capital, private equity and hedge funds, as well as acquisitions of fund interests through secondary purchases. He focuses on reviewing governing documents – including offering memoranda and limited partnership or limited liability company agreements – and negotiating side letters.
Mr. Long advises investors in early-stage companies on investment documentation, as well as diligence focused principally on formation and capitalization, intellectual property ownership and material contracts. He documents investments through convertible notes, Simple Agreement for Future Equity (SAFE) instruments, Series Seed and National Venture Capital Association (NVCA) documents, including for an early-stage venture capital firm based in Providence, Rhode Island.
Mr. Long focuses his pro bono work on equity and community engagement. Most recently, he helped incorporate the Rhode Island Black Women Lawyers Association and the South County Star. Additionally, Mr. Long serves on the board of directors for one of the nation's top 25 community foundations by assets, as well as on the board of a public charter middle school.
Prior to entering private practice, Mr. Long served as Washington counsel and interim chief of staff to U.S. Sen. John F. Reed (D-R.I.). He also served on the campaigns of U.S. Sens. Paul Simon (D-Ill.) and John Glenn (D-Ohio).
Representative Experience
- Equity purchase of a wholesale commercial insurance broker and affiliates, including an offshore captive
- Asset acquisition of a specialist in commercial lines insurance for the construction, manufacturing and energy sectors
- Asset acquisition of a specialized commercial insurance brokerage firm known nationally for fine art coverage, professional liability and construction and machinery risk management
- $6 million investment and side letter relating to a pension fund's investment in an offshore vehicle of a fund focused on secured loans to middle-market companies
- $6 million investment and side letter for a pension fund investing in an integrated alternative investment platform focused on private equity and private credit in the North American middle market
- $10 million investment and side letter for a pension fund investing in a private equity fund focused on North American and European small and middle-market companies, including through secondary purchases
- $10 million investment by a family office in a fund focused on the gaming industry, as well as a secondary purchase of an interest in a predecessor fund, with accompanying side letters
- $10 million investment by a family office in a co-investment, through a special purpose entity, in a multimedia technology platform from a private equity fund
- Assistance with a Simple Agreement for Future Equity (SAFE) round in preparation for a point-of-sale software company's exit
- $500,000 investment by a venture capital fund leading a $3 million Series Seed round (based on National Venture Capital Association (NVCA) form documents) in a health sciences firm and a robotics firm
- $400,000 SAFE investment by a venture capital fund in a robotics firm
Credentials
- George Mason University School of Law, J.D.
- Dickinson College, B.A., Policy Management Studies, cum laude
- Massachusetts
- Rhode Island
- Rhode Island Foundation, Board of Directors
- Providence Preparatory Charter School, Board of Directors
- Rhode Island Public Radio, Past Board Chair
- Slater Center for Interactive Technology, former member, Board of Advisors
- Rhode Island Job Corps Center, former member, Advisory Board
- Leadership Rhode Island (Class of 2002)
- Holland & Knight Pro Bono All-Star, 2020