Steven R. Cade

Partner

Overview

Steve Cade is a partner and business lawyer with Foley & Lardner LLP. He represents clients in a broad range of general corporate law and transactional matters, with a focus on mergers and acquisitions, commercial transactions, venture capital financings and securities matters. Steve represents clients across a range of industries, including manufacturing, technology, financial services, food and beverage, and health care. Steve is a member of the firm’s Transactions Practice, and also a member of the firm’s Manufacturing and Technology Industry Teams.

Steve has completed a significant number of mergers, acquisitions, divestitures, joint ventures, and other business combination transactions for a wide variety of clients, including Fortune 500 companies as well as private equity and middle-market publicly traded and privately held clients.

Steve has also counseled clients on the full spectrum of commercial matters affecting businesses, including licensing, purchasing/selling, lending, and distribution/agency. His clients include manufacturers and vendors of a diverse array of goods and services, including food and other consumer products, printing, software, tools, electronic equipment, and manufacturing equipment.

In addition, Steve also represents investors, including venture capital firms, family offices and angel investors in a number of emerging growth company investment transactions. He also regularly assists resident companies in Catapult Chicago, a technology incubator co-founded and sponsored by Foley, with various capital raises, including convertible note and SAFE financings, venture capital financings, angel investments and friends and family rounds.

Affiliations and Professional Memberships

Steve is the vice chair of the Business Law Section of the Chicago Bar Association, and a member of the American Bar Association and the National Bar Association. He currently serves on the firm’s Recruiting Committee and Diversity and Inclusion Council. In 2017, Steve was selected as one of The Most Influential Minority Lawyers in Chicago by Crain’s Chicago.

Education

Steve earned his law degree from Northwestern University Pritzker School of Law, where he was the production editor of the Northwestern Journal of Law and Social Policy. He earned his undergraduate degree in finance and management with honors and distinction from Iowa State University of Science and Technology.

Admissions

Steve is admitted to practice in the state of Illinois.

Representative Matters

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Foley represented Health Care Service Corporation in the sale of 100% of the stock of Preferred Financial Corporation and Colorado Bankers Life Insurance Company to Southland National Insurance Corporation.
Foley represented 640 Labs, a hardware/software company, in selling its business to Climate Corporation, a subsidiary of Monsanto.
Represented the Charles Schwab Corporation (NYSE: SCHW) in its acquisition of ThomasPartners, Inc., a dividend income-focused asset management firm based in Wellesley, Massachusetts, for an upfront payment of $85 million and the opportunity for post-closing payments contingent on future growth in assets under management.