Carl J. Numrich

Carl leads deal teams executing complex mergers, acquisitions, and other growth transactions for private equity sponsors and their portfolio companies, with a particular focus on the healthcare sector. 

Carl has extensive experience advising middle‑market private equity funds on highly negotiated transactions, particularly in regulated, IP‑driven, and innovation‑focused businesses. He brings a pragmatic, client‑oriented approach to deal execution, helping his clients evaluate and manage risk, maintain deal momentum, and align transaction terms with client priorities. Carl's teams collaborate seamlessly with sponsors, their portfolio companies, and other outside advisors to efficiently drive deals to completion. 

Beyond his client work, Carl is actively involved in firm leadership and talent development and currently serves on the firm’s recruiting and hiring committee. 

• Represents Audax (a leading national middle market PE fund) in add-on acquisitions and portfolio company exits.
• Represents Arcline (a San Francisco-based PE fund) and its portfolio companies in connection with new portfolio company acquisitions, subsequent add-on acquisitions, and exits. 
• Represents Kolos Partners (a New York-based investment firm) and its portfolio companies in connection with new portfolio company acquisitions, subsequent add-on acquisitions, and exits.
• Represents Goldner Hawn (a Minneapolis-based PE fund) and its portfolio companies in connection with new portfolio company acquisitions, subsequent add-on acquisitions, and exits. 
• Represented HelpSystems in its acquisition of Tripwire (a subsidiary of Belden (NYSE: BDC).
• Represented Securian Financial Group in its acquisition of Empyrean Benefits Solutions, Inc. 
• Represented Bright Health in its acquisition of Zipnosis.
• Represented Apogee (NASDAQ: APOG) in its acquisition of EFCO Corporation (a Pella business line).
• Represented Goldner Hawn (a Minneapolis-based PE fund) in its acquisition of Cyber Advisors.
• Represented leading medical device company in a $325 million strategic acquisition.
• Represented a private equity fund in the $1.4 billion exit of a distribution portfolio company to a private equity buyer.
• Represented a private equity backed, medical device company in numerous cross-border acquisitions.
• Represented a private equity backed, software company in numerous domestic and cross-border acquisitions and eventual sale to a private equity buyer for $470 million.
• Represented a public construction materials manufacturer in $195 million strategic acquisition.

Education

• University of St. Thomas School of Law, J.D., 2015, cum laude
• St. Olaf College, B.A., 2012

Admissions

• Minnesota, 2015

• Best Lawyers: Ones to Watch, Mergers and Acquisitions Law, 2022-2026
• North Star Lawyer, Minnesota State Bar Association, 2017
• Mission Award for Scholarly Engagement and Societal Reform, University of St. Thomas School of Law, 2015

Community

• Voyageurs Conservancy, Board Chair