Elizabeth "Betsy" Perdue is a partner in Holland & Knight's Chicago office. She focuses her practice on mergers, acquisitions and financing transactions, with a special concentration on transactions involving employee stock ownership plans (ESOPs).

Ms. Perdue represents privately held companies, ESOP trustees, institutional lenders, private equity and mezzanine lenders in structuring, implementing and financing transactions involving ESOPs. Her counsel includes 100% and partial sales of businesses to ESOPs, second stage transactions, releveraging transactions, private placements, and sales of ESOP companies, as well as assisting ESOP companies with corporate, transactional and compliance matters. She represents many financial institutions in connection with financing for ESOP companies and ESOP transactions.

In addition, Ms. Perdue advises privately held companies in a range of acquisitions and dispositions, including mergers, asset and stock acquisitions and dispositions, and leveraged buyouts. She provides ongoing counseling in connection with the full range of general corporate matters for privately held companies, including corporate governance, compliance, contracts, employment agreements, private placements and other capital raises.

Representative Experience


  • The University of Chicago Law School, J.D.
  • Pomona College, B.A., cum laude
Bar Admissions/Licenses
  • Illinois
Court Admissions
  • U.S. District Court for the Northern District of Illinois
  • The ESOP Association
  • National Center for Employee Ownership
  • American Bar Association
  • Illinois State Bar Association
  • Chicago Bar Association
Honors & Awards
  • The Most Influential Women Lawyers in Chicago, Crain's Chicago Business, 2017
  • Top 100 Women Business Lawyers in Illinois, Leading Lawyers magazine, 2010
  • Chambers USA: America's Leading Business Lawyers for Business guide, 2008


Speaking Engagements