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Stephen D. Sayre

Stephen D. Sayre



  • Business Services
  • Corporate Finance
  • Biotechnology and Life Science
  • Cannabis Law

WSG Practice Industries


Illinois, U.S.A.

WSG Leadership

INTA Group
WSG Coronavirus Task Force Group

Stephen D. Sayre is a Member of the Corporate Finance Group and Co-Leader of the Mergers & Acquisitions sub-practice group. His Mergers & Acquisitions practice focuses on lower middle-market transactions and below are representative M&A transactions from 2018:

  • Represented Tama Plastic Industry in its acquisition of certain assets of Great Lakes Polymers, LLC
  • Represented Praetorian Protective Services in the sale of its security alarm business to a national security alarm aggregator
  • Represented Presque Isle Electric & Gas Cooperative in its acquisition of Aurora Gas Company
  • Represented PMA Financial Network in its sale to Estancia Capital Partners

Steve's practice focuses on companies in the technology, security alarm and pharmaceutical industries, including clients in Asia, Europe, the United Kingdom and Australia.

Steve also assists larger companies with strategic commercial transactions such as joint ventures, development agreements and licensing agreements.

Steve also acts as outside general counsel for companies that do not have inside counsel, managing commercial litigation, employment and tax matters.

Steve began his legal career as a law clerk to the Honorable Mary L. Cooper, United States District Court Judge for the District of New Jersey.

Prior to law school, Steve worked as a Certified Public Accountant for Ernst & Whinney and in private industry in the areas of auditing and accounting.

Bar Admissions

Illinois, 1992


DePaul University, J.D., With Honor University of Colorado, B.S.
Areas of Practice

Biotechnology and Life Science | Business Services | Cannabis Law | Corporate Finance | Family Business Transition Team | Food & Beverage | Mergers & Acquisitions | Mergers & Acquisitions Annual Survey | Pharmaceuticals & Medical Products | Technology & Outsourcing Transactions | Technology & Sourcing Transactions

Professional Career


  • 2004 - presented to Illinois State Bar Association Section on Business Advice & Financial Planning. - "2003 Illinois Business Law Case Update"
  • 2003-present, Guest speaker at John Marshall Law School to students enrolled in unincorporated business association course, lecturing on Illinois Limited Liability Companies.


2019 Mergers & Acquisitions Outlook Survey
Dykema, November 2019

The results of Dykema's Annual Mergers & Acquisitions Outlook Survey are in! This annual survey tracks the marketplace to gauge the direction of the M&A market and economy for the coming year. As with previous installments of the survey, our firm canvassed leading company executives and outside advisors in the M&A space to ask them to share their observations and insights into how the U.S. economy and domestic and global matters will impact the M&A market...

Dealmaker Optimism Soars to Record High in Dykema 14th Annual M&A Survey
Dykema, October 2018

Impact of Trump Administration, Midterm Elections and the Rise of Automotive M&ARespondents to Dykema’s 14th Annual M&A Outlook Survey expressed the highest level of optimism for the M&A market in the 14-year history of the firm’s survey. Sixty-five percent of respondents expect the M&A market to strengthen over the next 12 months, significantly up from the mid- to high 30s where it has remained for the past several years...

Additional Articles

  • 2007 - Pharmaceutical Technology "The Perils of Purchase-Order Contracting In Pharmaceutical Transactions", co-authored with Todd G. Gattoni.
  • 2007 - Journal of Generic Medicines "Attention API Suppliers: Quality Agreements Are Here To Stay", co-authored with Todd G. Gattoni.
  • 2005 - Secured Lender "Secured Lenders Beware: IRS Plays By Its Own Rules in Filing Federal Tax Liens", co-authored with Darrell W. Pierce.
  • 2004 - The Counselor (the Newsletter of the Illinois State Bar Association's Section on Business Advice & Financial Planning) "2003 Illinois Business Law Case Update."
  • 2003 - Illinois Banker "In re Estate of Romanowski: A reminder for bankers to read the fine print before accepting Illinois Statutory Short Form POAs."
  • 2001 - World eBusiness Law Report "Criticisms of the Uniform Computer Information Transactions Act: Separating Myth From Reality."

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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