CMM’s latest M&A deal highlights the tremendous appeal of Long Island businesses to nationwide companies looking to grow through acquisitions. CMM recently closed the multimillion-dollar stock sale of a Nassau County-based property and casualty insurance agency to a large insurance company with operations across the country. The national carrier saw the potential to expand its portfolio of cybersecurity, workers’ compensation, and other insurance products with the acquisition of this successful Long Island business.
CMM Senior Partner Christine Malafi led the deal with critical support from Zachary Mike and paralegal Cailey McByrne. The team handled all aspects of the deal, including leasing issues pertaining to the client’s property where the office is located.
For guidance on the purchase or sale of a business, please contact us.