Candace Groth graduated summa cum laude from Hamline University School of Law in St. Paul, Minnesota. After law school, Candace served as a judicial law clerk for the Honorable Christine A. Nowak on the United States District Court for the Eastern District of Texas. Candace is licensed to practice in Texas and Minnesota.

Candace is active in both the Texas and Dallas legal communities. She is a Fellow of the Texas Bar Foundation and is an active member of the Grants and Scholarship Committees for the Dallas Association of Young Lawyers (DAYL) Foundation. She also currently serves as Co-Chair of the DAYL Freedom Run and Women’s Mentoring Circle Committees. Additionally, she is a past-Chair of the Civil Liberties & Civil Rights Section of the State Bar of Texas and currently serves on the Section’s Council. Candace is a frequent speaker and author on corporate and data privacy issues.

Candace was born and raised in the Midwest, but has settled happily in Dallas, Texas. She enjoys running, knitting, and spending time with her two Shih Tzus, Arthur and Louis.

Publications

Select Transactions

  • Represented a health care services business in connection with the sale of the business to a Canadian company including cross-border tax considerations.
  • Represented a managed IT provider seller in connection with acquisition by a private equity-backed competitor. The deal included an f-reorganization and extended escrow requirements, including a PPP Loan escrow
  • Represented a Minnesota buyer in connection with the purchase of a lakeside resort, including management of extensive real estate holdings and planned communities (HOA’s). The deal included a novel combination of seller, conventional, and MHFA financing.
  • Represented a Minnesota seller in connection with the sale of a restaurant, including optimization of seller tax treatment for the transaction
  • Represented a Minnesota buyer in connection with purchase of a Texas cosmetology business
  • Represented two national managed service companies in connection with a strategic merger in multiple phases
  • Represented twelve Minnesota real estate companies in connection with a complex restructuring of the existing entities, allowing the companies to generate substantial returns for their investors
  • Represented an investor in connection with the termination of a rollover business startup (ROBS) structure
  • Represented a Minnesota real estate company in connection with a MNVest offering

Fun Facts:

  • Candace practiced for several years in Minneapolis, Minnesota prior to moving to Texas.
  • During her time in college, Candace studied abroad in Avila, Spain and London, England.
  • Arthur and Louis, Candace’s Shih Tzus, are fondly called the “Little Princes” since they were named after King Arthur and King Louis XIV.

Education:

  • Hamline University School of Law, J.D., Summa Cum Laude
  • Macalester College, B.A. in International Studies, Minors in History and Psychology, Cum Laude

Candace Groth's Recent Blog Posts
M&A
Are you ready for an exit transaction? (Probably not.)

With exit deals potentially around every corner, most founders are not asking themselves (and probably should be), if the Company is ready for an exit transaction and the scrutiny that comes with it. This article explains the basic steps of a merger or acquisition transaction, so that you can better understand what to expect at exit.


Funding & Capital Raising
Equity Options for LLCs

Issuing equity in LLCs can be complicated and lead to additional compliance and reporting obligations, and great care should be taken when determining the right equity structure. This blog is meant to serve as a brief introduction to four common ways of issuing equity in an LLC to compensate key service providers or employees.