Mergers, Acquisitions & Divestitures

PDF
Is your business ready to grow through acquisition? We work every day with clients in the midst of business sales and acquisitions. We get it.

Overview

We don’t dabble in M&A. With over half of our corporate attorneys working on deals at any particular moment – from simple acquisitions to highly complex mergers – we know what it takes to get your deal done. We understand what drives decisions and can anticipate many of the issues before they become problems, potentially impacting your deal.

While many of our clients are buying businesses in the $5 million to $200 million range, we have also represented buyers in transactions in excess of $1 billion.

From publicly traded companies to private corporations, our clients’ businesses are in the US and abroad and span a range of industries – food, pharmaceutical, health, manufacturing, importing, media and professional services.

Your Quarterback from Day 1 to Deal Close

Our lawyers can handle all aspects of your deal – from the capital raise to the tax issues. This allows us to quarterback the entire process, seeing how negotiations are coming together, spotting issues that may arise and anticipating how each may impact your ultimate business goal.

This holistic approach, putting aside any narrow, singularly focused specialties found in other firms, provides us with a clear view of the big picture. We cover all of the bases including:

  • Financial matters
  • Tax aspects
  • Securities issues
  • Risk avoidance
  • Intellectual property valuation and transfer
  • Financing – including venture capital, mezzanine, and equity financing

We can also advise on creative forms of acquisitions and divestitures, including management buy-outs, acquisitions, sale of a business, ESOPs and sale transactions related to spin-offs.

Attorneys

Experience

Representative Matters

Our work as deal counsel spans a range of industries in the U.S. and abroad. The following is a representative sample of our M&A work. A printable version of our deal sheet can be found here.

Landshire sold division to AdvancePierre FoodsLandshire acquired assets from Great American DeliAgrotain sold assets to Koch Agronomic ServicesSharetracker RLJ Credit Nielsen MobileSharetracker-GeoResultsTodd VigorComplete Transport Towne Air FreightSotel TeleswitchOmnia Group Western Window SystemsThree-Z PrintingJim's Formal WearFirestreamSoTel AztecCenturionCedarhurstOmnia Ram WindowsOmnia Mama Lola'sRonnocoSenTecMcCallumNew ControlEvergreen Tank SolutionsPaul's SupermarketBig River Zinc


Landshire AdvancePierreOur client Landshire, Inc., sold its wholesale and manufacturing operations to AdvancePierre Foods

Landshire, Inc. is a manufacturer of sandwich products.

AdvancePierre Foods is a supplier of protein and sandwich products to food service, retail and convenience channels.

The acquisition brings Landshire’s sandwich manufacturing operations to AdvancePierre, while Landshire retains its direct store delivery distribution network.

Press release  |  Back to top


Landshire Great American DeliOur client Landshire, Inc. acquired assets from Great American Deli in connection with direct store delivery of specialty food products to retail outlets.

Landshire is a manufacturer of sandwich products.

Great American Deli provides sandwiches and other convenience foods to the retail market.

Back to top


AgrotainOur client Agrotain sold assets to Koch Agronomic Services.

Agrotain produces nitrogen stabilizers for crops. Its products include a number of stabilizers for growers, turf managers and lawn care companies around the world.

Koch Agronomic Services is a privately held global company with a broad portfolio of enhanced efficiency fertilizer technologies.

Press release  |  Back to top


ShareTracker Nielsen MobileOur client ShareTracker acquired assets from Nielsen Mobile with capital procured via RLJ Credit.

ShareTracker procured funding from RLJ Credit Opportunity Fund to acquire the market flowshare measurement division from Nielsen Mobile, an affiliate of Nielsen media company.

As a result of this acquisition, ShareTracker became the largest provider in this market.

Press release  |  Back to top


ShareTracker GeoResultsOur client ShareTracker acquired assets from GeoResults with capital procured via RLJ Credit.

ShareTracker procured of funding from three separate unsyndicated lenders (term loan, revolving credit loan, and real estate loan) to acquire the telecom database marketing business from GeoResults. 

This was the second financing and acquisition in 18 months by ShareTracker and affiliates.  

Back to top


Todd ShipyardsOur client Todd Shipyards Corporation entered into an agreement with Vigor Industrial LLC for Vigor to acquire its stock. 

Todd Shipyards Corporation, a New York Stock Exchange company, performed repair and maintenance work on commercial and federal government vessels, as well as new construction and industrial fabrication services for a variety of customers. 

Vigor Industrial LLC, based in Oregon, operates businesses providing ship repair and conversion, barge building, industrial coating, machining, industrial real estate, and fabrication services.

The $130 million transaction was accomplished through the use of a tender offer, top up option and subsequent merger in an all cash acquisition. 

Press release  |  Back to top


ThreeZOur client TZ Acquisitions, Inc. acquired Three-Z Printing Co.

Greensfelder represented TZ Acquisitions, Inc. in connection with the acquisition of all the assets of Three Z Printing Co., a large family-owned commercial printer located in Southern Illinois.    

Back to top


SoTel TeleswitchOur client SoTel Systems, LLC expanded its reach with its purchase of the Latin American distribution business of Teleswitch International.

SoTel, based in Maryland Heights, Missouri, is an international provider of business communications equipment, products and services.

Teleswitch International serves SoTel’s Latin American customers.

Press release  |  Back to top


Omnia Western WindowsOur client Omnia Group sold Western Window Systems. Omnia’s investment in Western began in 2006, followed by the manufacturer’s growth from a regional company to a nationally recognized brand.

Western Window Systems is an Arizona-based manufacturer of windows and doors.

The Omnia Group is a St. Louis-based equity investor of small- to medium-sized private companies.  

Press release  |  Back to top


Complete TransportOur client Complete Transport was acquired by Towne Air Freight.

Complete Transport provides freight transportation services.

Towne Air Freight provides a range of air and ocean freight services through numerous terminal locations across the United States. 

Back to top


Our client Tubular Steel, Inc. was acquired by Reliance Steel & Aluminum Co. in a deal effective Jan. 1, 2016. Post-acquisition, Tubular Steel operates as a wholly owned subsidiary of Reliance.

Tubular Steel, Inc. is a St. Louis-based a distributor and processor of carbon, alloy and stainless steel pipe, tubing and bar products.

Reliance Steel & Aluminum Co. provides value-added metals processing services and distributes a full line of metal products to a broad range of industries.

Press release  |  Back to top


Jim's Formal WearGreensfelder represented the equity owners of Jim’s Formal Wear, Inc. in connection with the sale of the company to Armory Capital.

Jim’s Formal Wear, based in Illinois, is the world’s largest wholesale formalwear rental company.

Armory Capital is a family office in Champaign, Illinois.  

Back to top


FirestreamOur client FireStream Worldwide acquired CloudFuel Dispatch LLC.

FireStream Worldwide provides automation solutions for the downstream and midstream petroleum industry.

CloudFuel Dispatch LLC is a developer of smartphone and tablet applications that allow downstream petroleum marketers to track orders and dispatch.

More information  |  Back to top


SoTel AztecOur client SoTel Systems, LLC purchased the assets of Aztec Capital in 2016, integrating the company into its repair and production facilities.

SoTel, based in Maryland Heights, Missouri, is an international provider of business communications equipment, products and services.

Aztec Capital, LLC, based in Connecticut, repairs and refurbishes telephone equipment and systems. 

Press release  |  Back to top


Centurion MiradorOur client Centurion Medical Products acquired Mirador Biomedical.

Centurion Medical Products Corporation, based in Michigan, designs, develops, manufactures, and sells medical products for the health care industry

Mirador Biomedical is the inventor and manufacturer of the Compass family of medical devices, which provide quantitative pressure measurements during critical medical procedures.

Press release  |  Back to top


Omnia Ram WindowsOur client Omnia Group acquired Wildcat Industries, LLC dba Ram Industries in 2015 in a management buyout completed through the Omnia Group Investment Fund.

The Omnia Group is a St. Louis-based equity investor of small- to medium-sized private companies.  

RAM, based in Houston, Texas, manufactures custom aluminum windows and is also a distributor of vinyl, aluminum, and wood clad windows, doors and sliding wall systems.   

Press release |  Back to top 


Omnia Mama Lola'sOur client Omnia Group acquired food manufacturer Mama Lola’s in an ownership buyout completed through the Omnia Group Investment Fund alongside private investors.

The Omnia Group is a St. Louis-based equity investor of small- to medium-sized private companies.  

Mama Lola’s, based in Phoenix, Arizona, produces corn and flour tortillas, chips and related products.

Press release  |  Back to top


RonnocoOur client Ronnoco Handcrafted Coffee was acquired by Huron Capital Partners in a 2012 management buyout transaction.

Ronnoco, based in St. Louis, is a manufacturer and distributor of premium quality coffee, tea, and related products.

Huron Capital is a private equity firm that seeks to invest in lower middle-market companies through customized buy-and-build investments.

Back to top


CedarhurstOur client Cedarhurst of Collinsville, IL, was acquired by American Realty Capital.

American Realty Capital is a sponsor of real estate investment trusts.

Cedarhurst of Collinsville is a senior housing community in Collinsville, Illinois.

Back to top


SenTecOur client SenTec AG acquired assets related to the sales and distribution business of BEMES Inc., its former master distributor for North America.

SenTec is a medical device company that develops, manufactures and markets technologies and products for noninvasive patient monitoring.

BEMES is a full-service respiratory company offering equipment service, refurbished used equipment, rentals of respiratory equipment and supplies. 

Back to top


McCallum PlaceOur client The McCallum Group was acquired by the Acadia Healthcare system of behavioral health treatment centers.

McCallum Place, based in St. Louis, is a provider of eating disorder treatment services.

Acadia is a provider of inpatient behavioral health care services, offering psychiatric and chemical dependency services in a variety of settings.

 Press release  |  Back to top


New Control MerkleOur client New Control, LLC was acquired by Merkle Group, Inc.

New Control, based in Chicago, is a full-service digital and direct marketing agency.

Merkle Group, based in Columbia, Maryland,  is a full-service performance marketing agency.

Press release  |  News coverage   |  Back to top


Evergreen Tank SolutionsOur client Evergreen Tank Solutions was acquired by Mobile Mini in 2014 in a $405 million cash transaction.

Evergreen Tank Solutions is a provider of specialty containment solutions, serving large petrochemical, industrial and energy customers.

Mobile Mini, Inc., is a publicly traded provider of portable storage solutions.

Press release  |  Back to top


Paul's SupermarketOur client Paul’s Supermarkets, Inc. was acquired by Woods Super Markets, Inc., transitioning its grocery locations to the Woods name.

Paul’s Supermarkets included three grocery stores in Missouri’s Lake of the Ozarks region.

Woods Supermarket, based in Bolivar, Missouri, is a grocery and pharmacy retail chain with stores in multiple Missouri locations. 

Back to top


Big River ZIncOur client Big River Zinc sold stock to ZincOx Resources PLC.

Big River Zinc is an electrolytic zinc refinery located in Sauget, Illinois. It produced zinc metal by treating zinc sulphide concentrate from local mines.    

U.K.-based ZincOx Resources is a recycler of EAFD, a hazardous waste generated by the recycling of steel scrap.

Press release  |  Back to top


A printable version of our deal sheet can be found here.

News & Insights