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Gary E. Jacobson

Gary E. Jacobson – Partner

Mr. Jacobson received his Bachelor of Arts in Accounting from the University of Washington, 1966; He received his Doctor of Jurisprudence from the University of Washington School of Law, 1970. Mr. Jacobson is a principal in the Bellevue, Washington law firm of  Vander Wel, Jacobson & Kim, PLLC.

Representing Business Interests

“Business succession planning, whether internal or external, is usually one of the biggest events in an owner’s life and likely involves the most valuable asset she/he will ever own.”

Gary was formerly staff counsel for SAFECO Insurance, involved with business perpetuation and transition matters of all kinds, including business loans. He has co-founded and owned several small companies himself, enhancing his understanding of various issues an challenges faced by his business clients. His practice emphasizes business mergers and acquisitions, succession planning, related corporate and partnership law, LLCs, employment contracts and non-competes, and real estate transactions. An area of emphasis is firms with high intangible value or intellectual property such as professional firms and property/casualty insurance agencies, where he has achieved national recognition. He has worked with hundreds of businesses over a 40+-year period.

Background

Mr. Jacobson is a lecturer on business perpetuation and transition at seminars and programs for professional organizations around the country. His experience and counsel in business law is highly valued.

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Business Transactions

Representation of Business Group

Worked with 15 independent businesses joining together as a group with a dominant regional presence to obtain leverage with their suppliers and a much broader and more stable customer base throughout the Pacific Northwest.

Representation of Family Health Care Business

Handled a family health care industry business internal succession plan to son and key employees for $5 million.

Representation of Industrial Supplier

Represented an industrial supplier of aftermarket parts to customers worldwide to a European buyer for $12 million.  Three of the four selling stockholders stayed on to run the company for the buyer under long-term employment contracts.

Representation of Insurance Agency & Brokerage

Represented an insurance agency & brokerage company with a nationwide customer base and proprietary software, in the sale of its entire business to a consortium based out of Australia for $60 million.  Founder stayed on under an employment contract with the buyer.

Representation of Proprietary Consumer Product Company

Represented half owner of a proprietary consumer products company in selling his stock to outside third parties for $5 million; the company sells exclusively online through Amazon.

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Testimonials

Great Transaction Attorney!

“I’ve had the pleasure of working with Gary, both as the attorney representing my clients (business sellers) and as the attorney representing buyers. In all cases you can count on Gary to be fair, straightforward, knowledgeable and responsive. He’s burned the midnight oil and interrupted his weekend more than a few times to get documents out and keep the transaction momentum moving. Gary’s a trusted attorney that I have high confidence in referring anyone to.”

Superior Legal Representation

“Gary Jacobson exemplifies the true meaning of an attorney at law. His personal moral standards for truth and integrity are practiced in accordance to his strong focus on strategic counsel and superior legal representation.”

Highly Recommended

“Gary has been the epitome of a strong, responsive advocate for my family. He effectively and while working through some significant opposition, lead my family through the very successful, equitable and timely dissolution and distribution of two complex family limited partnerships.”

Legal Counseling/Documentation for Business Ownership Transition

“Gary played a key role in assisting our firm with the corporate/legal aspects of an ownership transition that involved a total of 13 shareholders and a $13M/year professional services firm. In my opinion, Gary went above and beyond the call of duty by digging deep into the details of our agreements to insure the new ownership structure functioned as envisioned, that the existing shareholders were protected and that the new shareholders were treated fairly. A very complicated transaction that Gary handled with ease and thoroughness. The best recommendation I can state is that Gary continues to act as the firm’s legal counsel on all matters.”

Great business and transactions attorney, plus common sense and honesty

“Mr. Jacobson and his firm have represented me on several occasions. The most notable was a complex case involving a firm I served as an outside director. Some issues arose with the company President that both outside directors felt needed investigation and independent legal advice. The issues were resolved successfully, and without undue expense.

He has also prepared shareholders agreements, employment agreements, etc. for firms I have been involved with. When put to the test they have worked exactly as they should.

Mr. Jacobson is extremely knowledgeable and has done good work for me, but the primary reason I recommend him is that he has good judgement and integrity. He’s a man I know I can trust.”

An Excellent Attorney for All Reasons!

“I’ve known Gary personally for 60 years and as a client since he began his practice. His counsel and guidance has been instrumental in my business career as an independent pharmacy owner. His speedy and thorough assistance for incorporations, acquisitions, partnerships, divestitures, leases, vendor contracts, employment contracts, shareholder agreements, stock transfers and owner transitions have all been of the highest value. In addition, personal advice on real estate transactions and referrals to other attorneys when needed has all been excellent. He is also extremely sensitive and thoughtful in delicate situations, yet strong in fundamental advice. I can only give Gary my highest recommendation.”

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