Frank C. Ehman, III, Attorney & Counselor
Contact Frank
Direct: 214-615-4146
Email: fehman@musgrovelaw.com
Client Service Philosophy
My practice is relationship-driven, and grounded in a holistic understanding of each client’s true business and personal goals, serving as a trusted advisor on matters involving business, wealth, and life planning, including launching new ventures, protecting assets my clients worked hard to obtain, and navigating and negotiating complex personal and business acquisitions, transitions, or liquidity events.
About
Frank has practiced law since 2006, focusing on representing entrepreneurs and privately held businesses in corporate and transactional matters, including mergers, acquisitions, entity structuring/reorganizations, corporate governance, and general business matters. Frank represents a wide range of clients across various industries, including manufacturing, distribution, technology, e-commerce, consumer, hospitality, and professional services. He works with clients in all stages of growth, from start-ups to growing enterprises and mature businesses, including work with everyday contractual and commercial needs, employee and contractor agreements, service agreements, licensing arrangements, and other commercial contracts and transactions essential to his clients’ operations. Frank also provides estate planning services, ranging from a simple will to family limited partnerships and complex trust structures, depending on client goals.
Practice Areas
General Corporate, Partnership, LLC and Business Law
Mergers and Acquisitions
Estate Planning – Wills, Trusts, FLPs, Powers of Attorney, Medical Directives
Asset Protection
Succession Planning
Banking, Finance and Commercial Transactions
Private Offerings
Corporate Restructuring
Real Estate Transactions
Private Equity and Venture Capital
Non-Profits
Representative Matters
Negotiated numerous partnership, shareholder, LLC, employee, and contractor agreements, as well as partner buyouts. Counsel on hundreds of M&A transactions, on both the buy side and sell side, with overall enterprise values typically between $3 million and $30 million, ranging up to $100 million. Extensive experience as counsel for transactions financed by Small Business Administration (SBA), and e-commerce business acquisitions and sales.
Lead counsel to partnership group, forming multiple LP/GP structures, for the acquisition, development, and operation of multiple RV Park real estate projects, each generally carrying an enterprise value of approximately $10 million.
Lead counsel on acquisition of Texas-based commercial flooring company, financed through a combination of money raised from friends and family, as well as private equity, and a senior debt loan from a commercial lender, also requiring an F reorganization, with an enterprise value of $35 million.
Lead counsel on the sale of a Texas-based lighting manufacturer and distributor company, including real estate, with an overall enterprise and real estate value of $27 Million.
Lead counsel on the sale of a Texas-based engineering group, requiring an F reorganization and rollover equity, with an overall enterprise and real estate value of $3 Million.
Lead counsel on the sale of a Texas-based RV training academy, including the company and the real estate, with an overall enterprise value of $23 million.
Lead counsel on the sale of a Missouri-based construction tool manufacturing and distribution company, with an overall enterprise and real estate value of $8 million.
Counsel for the initial merger and then sale of a fitness chain in DFW, with an owner group of eight individuals, and 38 fitness center locations, with an enterprise value of $76 million.
Counsel on the sale of a DFW-based residential fencing company with an enterprise value of approximately $57 million. Counsel on the sale of a high-end, DFW-based clothing retailer with an enterprise value of approximately $23 million.
Formed venture capital funds and represented clients on securities-related matters.
Drafted numerous estate plans, Wills, Revocable and Irrevocable Trusts, family limited partnerships, with goals of asset protection and tax planning.
Court Admissions
Supreme Court of Texas
Education
JD, University of Tulsa, College of Law, 2006
Bachelor of Arts, Political Science, Trinity University, 2003
Professional Memberships
State Bar of Texas
Dallas Bar Association
Dallas Estate Planning Council
Estate Planning Council of North Texas
Community Activities
Dallas Arboretum
Lake Highlands Exchange Club
Northpark Presbyterian Church
Not certified by the Texas Board of Legal Specialization.