Teton Advisors to Acquire Keeley Asset Management

November 14, 2016

New York – Paul Hastings, a leading global law firm, announced today that the firm represented Teton Advisors on its agreement to acquire Keeley Asset Management. At closing, the acquired business will be renamed Keeley Teton Advisors, LLC, and will become a wholly owned subsidiary of Teton Advisors, Inc.
At closing, the combination will create an active asset management organization with $4 billion in assets under management.

The Paul Hastings team was led by Corporate partners Michael Zuppone and Michael Rosella, and included Tax partner Joseph Opich and Corporate associate Felicia Yen.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms