CMM’s M&A team closed a $12 million sale this week of a Boston-based scaffolding contractor to a multinational conglomerate of scaffolding contractors.
CMM represented the owners of the scaffolding business, a husband and wife team who sought to sell their contracting company and begin their next chapter. The transaction had its share of challenges, including a 10-day cooling off period that allowed each side to reset expectations – and which resulted in a $2 million purchase price increase for our client. CMM’s ability to help our clients navigate the legal, business, and emotional complexities of the transaction ensured that the deal reached the finish line and that our clients met their goals.
“We appreciate all the hand-holding, guidance, legal expertise, and patience,” our client reported. “Thank you! We are excited to move forward with this new venture.”
CMM’s Don Rassiger and Vincent Costa spearheaded the transaction.
CMM is adept at closing sophisticated mergers and acquisitions transactions as economically and efficiently as possible, blending legal guidance with business know-how to get deals done. Learn more about our ability to deliver value to clients here.