Every M&A deal presents its own challenges, and a recent deal for our client – a certified WBE (women-owned business enterprise) corporation providing engineering, architecture, and land surveying services to NYS and NYC agencies – was no exception. The buyer in the multimillion-dollar deal was a New Jersey company that was looking to expand its service offerings in New York. In addition to the typical challenges that arise in every deal, this transaction was further complicated by the need to assign over 100 active work contracts from the seller to the buyer, all of which required obtaining consent from the public agencies. CMM’s team, led by Donald Rassiger with critical support from Zachary Mike and paralegal Katharine Campolo, was up to the task.
This transaction showcased CMM’s depth of knowledge in the M&A and construction space. The seller’s CFO commented after closing that working with the CMM team was a pleasure – the type of relationship that makes all the difference when buying or selling your largest asset. Learn more about our M&A and construction practices.