Pat J. Linden


Direct: 303.731.4342
Mobile: 303.995.9701


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Pat Linden specializes in business and transactional law. He has represented companies or investors in hundreds of early stage and venture capital financings, and has served as lead counsel for M&A transactions ranging in value from hundreds of thousands to $700 million. He is also the go-to outside general counsel for many clients across diverse industries for corporate governance, complex commercial contracts, partnership and operating agreements, secured and banking transactions, securities issuances, equity compensation plans, and employment agreements.

Pat’s clients include companies, entrepreneurs and investors, ranging from start-ups to public companies. He spent 15 years with the Denver and Boulder offices of large regional and national law firms before founding Linden Segal’s predecessor firm in 2015. Pat is a respected deal maker, an influencer, and a partner to his clients.

Pat was an athlete in college, an editor on the University of Denver Law Review, and has taught several MBA classes at DU’s Daniels College of Business. He enjoys spending time with his wife and their two infant daughters, is a Bronco fan, and is an avid explorer of Colorado’s most rugged off-road 4WD terrain.

Select Representations
  • Represented private equity firm in $700 million acquisition of international restaurant chain
  • Represented private equity firm in $450 million acquisition of national restaurant chain
  • Represented private equity firm for $280 million credit facility
  • Represented acquirer of printing company in $370 million going-private transaction
  • Represented international public medical device manufacturer in $210 million stock acquisition of competitor
  • Represented public data processing company in $125 million stock sale to public company acquirer
  • Represented international paint company in $80 million sale of division
  • Represented label manufacturing company in $75 million stock acquisition from public company
  • Represented private equity firm in $60 million investment in renewable energy company
  • Represented cloud management software company in $55 million sale to public company
  • Represented healthcare IT staffing company in $34 million sale to private equity acquirer
  • Represented medical staffing and publication company in $30 million sale to public company acquirer
  • Represented reservation-less teleconferencing company in $25 million sale to international communications company
  • Represented high tech staffing company for $20 million sale to largest staffing company in U.S.
  • Represented private equity firm in controlling interest investment in healthcare IT services company
  • Represented seller of wireless retail company chain to private equity acquirer
  • Represented contract security services company in sale to private equity backed acquirer
  • Represented biological research company in controlling investment by private equity acquirer
  • Represented public company television network in merger with competitor
  • Represented of NHL team in change of ownership transaction
  • Represented NFL team for corporate law and shareholder matters
  • Represented cable wire manufacturing company in sale to private equity acquirer
  • Represented large property management company in sale to private equity acquirer
  • Represented largest Colorado venture capital fund for numerous technology venture capital investments
  • Representation of public medical device company for corporate, M&A and distribution matters
  • Representation of major medical surgery center for multiple joint venture transactions
  • Representation of major cable television and satellite media audit and revenue management company
  • Representation of global business conferencing solutions company
  • Representation of largest yoga chain in the United States


University of Denver
Sturm College of Law
J.D., Order of St. Ives and Law Review (2001)

University of Denver
Daniels College of Business
M.S., Finance, summa cum laude (2001)

University of Denver
B.S. Business, cum laude (1997)

Presentations and Publications
  • Considerations in Negotiations Regarding Valuation and Balance of Power,
    Expo West 2015, Anaheim, CA, March 2015
  • Inside Venture Capital,
    Rockies Venture Club, April 2015
  • Business Succession Planning,
    Rocky Mountain Clean Tech Open, August 2014
  • Raising Angel and Venture Capital Money in Natural Products,
    Faegre Baker Daniels Boulder Natural Foods Seminar, October 2013
  • Anti-Dilution in Early Stage Financings,
    Rockies Venture Club, April 2013
  • Buy/Sell Agreements,
    WebCredenza CLE Seminar, December 2012
  • Negotiating the Deal Terms of a Venture Capital Investment,
    Rocky Mountain Clean Tech Open, August 2012
  • Proactive Employment Practices for Emerging Companies,
    Startup Colorado – Legal Round Table, July 2012
  • Best Practices for Manufacturing and Outsourcing in Biotech,
    2012 Rocky Mountain BioBooster Clinic, May 2012
  • Structuring Earnouts in M&A Transactions,
    WebCredenza CLE Seminar, January 2012
  • Middle Market M&A: Securities, Valuation, Liquidity and Purchase Price Adjustments,
    WebCredenza CLE Seminar, November 2011
  • Raising Capital and Securities Law 101 for Start-Up Companies
    Rocky Mountain Clean Tech Open, August 2011
  • Destroying the Union in Order to Save It? An Analysis of the 2011 Labor Strife Over the NFL Collective Bargaining Agreement,
    Labor and Employment Relations Association (LERA), Rocky Mountain Chapter, 2011
  • Drafting Employment and Other Compensation Agreements,
    Colorado Bar Association CLE Seminar, 2007-09
  • Art of the Deal: Equity Funding,
    WebCredenza CLE Seminar, 2008
  • Limited Liability Companies: When and How to Use Them,
    Colorado Bar Association CLE Seminar, 2008
  • Fueling Opportunity: Women, Sports and the Bottom Line,
    10th Annual Women in Sports Business Symposium, University of Oregon Warsaw Sports Marketing Graduate Business School, 2006
  • Sales, Mergers and Initial Public Offerings,
    Colorado Bar Association CLE Seminar, 2006
  • The Temporary Guest’s Reduced Expectation of Privacy,
    77 Denv. U.L. Rev. 217, 1999
Civic Involvement and Honors
  • Colorado Super Lawyers — Rising Star, Mergers & Acquisitions, 2009-15
  • Law Week Colorado — Rising Stars, 2007
  • Long Time Board Member, Denver Sports Commission
  • University of Denver MBA Program — Adjunct Professor, “Sports & Entertainment Contracts”


American, Colorado and Denver Bar Associations

“As a serial entrepreneur in the tech startup world, I understand the importance of selecting the right legal counsel for the job. Pat has brought a wealth of experience in venture capital and commercial transactions to my companies. He always sets realistic expectations and truly understands how to create alignment of interests to get a deal done.”

Co-Founder & CEO, Homebot, Inc.
Co-Founder & CEO,

“I have known and worked with Pat for more than 10 years on a variety of business transactions and corporate legal issues that have included the successful sale of a resort property management company I owned and operated for 20 years. I have worked with numerous attorneys over my career in both a small business and large company environment and find Pat to be a top-notch business and corporate lawyer. His attention to detail and strong business understanding have proven to be valuable assets to our organizations.”

Robert Milne
President, Wyndham Vacation Rentals North America
President & CEO, The Resort Company

“MAI has been working with Pat for over 10 years. In his capacity as our outside legal counsel, we have successfully relied upon his insight, judgment and legal expertise across a wide range of business and legal issues. Whether we are discussing contract terms or navigating difficult contract negotiations, Pat has proven that he has the acumen to help us make sound decisions.”

Bruce Lazarus
CEO, Media Audits International

“The first transaction I worked on with Pat was in 2008 when he represented my business partner and me in the sale of our majority interest to a large private equity firm. Since then, Pat has represented my small venture capital firm for numerous investments. I feel that Pat’s knowledge of the PE/VC transactional space is the best around. His advice has been invaluable for us because of his organizational skills, negotiating ability and deep experience. Pat has become the only legal partner for our deals.”

Todd Padgett
Co-Owner & CFO, Novus Biologicals, Inc.
Founder & Managing Partner, Padgett Family Investment Company

“I have engaged Pat over the past 15 years while working with several companies for primarily buy side M&A transactions. I also hired him for all the other traditional corporate legal work. Pat is a lawyer that not only understands how to identify and address legal issues but also has a firm understanding of business and financial concepts and can integrate the two. He thinks outside the box and is unafraid of positively challenging traditional thought processes and the status quo.”

Edward Larkin
Executive, Blue Spruce Capital Corporation

“Pat came highly recommend to my wife and me by an CPA firm in Colorado Springs that specialized in M&A – I now know why he was highly recommended. Our company was purchased by a private equity group last year and Pat’s understanding of M&A law and the many pitfalls we would have encountered without his help was truly a business saver. Pat’s work ethic is second to none and his loyalty to his clients is beyond reproach. I found Pat easy to communicate with and he certainly helped me focus on the majors, not the minors. We were also extremely impressed with Pat’s negotiation skills and thoroughly enjoyed watching him go to work versus the opposing attorneys. Pat knows his stuff and we would hire him again in a heartbeat … he’s that good.”

Brad and Leah Dombaugh
Co-Owners and Executives, PSA Worldwide Corp.

“Pat Linden is an invaluable legal resource and partner. He took the time to get to know us and understand our needs. Pat initially helped us navigate a potential business transaction, pulling together the key legal experts that we needed across a variety of issues along the way. He also helped smoothly navigate the process of setting up our new business from structural advice to finalizing a comprehensive partnership agreement.”

Jennifer Nuhfer, Maggie Spain and Tammy Stratton
Co-Founders, Spearca Communications, LLC

“Pat was indispensable as our outside counsel in a high stakes M&A transaction involving the sale of our company to a private equity buyer. He is an exceptional negotiator who possesses a keen ability to separate and explain issues that are deal breakers versus those that are red herrings. We also found Pat’s work ethic to be second to none.”

Rich Casson
General Counsel, The Resort Company