Financial Services M&A and Regulatory Attorney Beau Hurtig Joins Ballard Spahr in Minneapolis

Beau Hurtig—a financial services regulatory attorney with extensive experience in bank mergers and acquisitions and national trust bank formation and operations—has joined Ballard Spahr’s Business and Transactions Department and Mergers and Acquisitions Group as of counsel, firm Chair Peter Michaud announced today. Beau is resident in the firm’s Minneapolis office.

“Beau is a bright and strategic lawyer,” said Barbara Lano Rummel, who co-leads the Mergers and Acquisitions Group alongside Brian D. Doerner. “He’s strategic in his approach and focused on his clients’ needs. Having a business-focused attorney with Beau’s background in an area as complex as financial services regulation deepens our bench even further and will be an immediate asset to our clients.”

Beau has experience handling mergers, acquisitions, and securities offerings in the heavily regulated bank and financial institutions sector. As general counsel at Discovery Benefits, Inc. (DBI), an affiliate of Bell Bank that administered employee benefit plans for approximately 11,000 employers nationwide, Beau helped orchestrate the $425 million acquisition of DBI by Wex, Inc., a publicly traded, global Fintech company. During his time with Dayforce, a human capital management software provider formerly known as Ceridian, he obtained approval from the Office of the Comptroller of Currency to establish Dayforce National Trust Bank and interfaced with both C-Suite executives and regulators to oversee various regulatory matters, including anti-money laundering compliance, examinations, the creation and implementation of banking-as-a-service contracts, and other financial services licensing.

Before Dayforce and Wex, Beau was with Fredrikson & Byron for 13 years, where he facilitated dozens of bank mergers and acquisitions and advised on regulatory matters. At Ballard Spahr, he will handle matters involving bank mergers and acquisitions, Fintech platforms, financial services regulation, and de novo activities. He will work alongside Scott A. Coleman, Mark C. Dietzen, and Ronald K. Vaske, three Minneapolis-based partners who work with bank, financial institution, and Fintech clients.

“Ballard Spahr attorneys are known for their ability to help clients traverse the intricacies of financial services regulation,” Beau said. “I wanted to go back into private practice, and it was immediately clear to me that Ballard, with its focus on business-critical issues and strategic client counsel, was the right place.”

For media inquiries, please contact Will Ashenmacher at 612.371.5792.