Campolo, Middleton & McCormick has successfully closed an asset purchase transaction in which we represented Canada-based Clairus Group in its first U.S.-based acquisition. Clairus Group, a fast-growing, vertically-integrated leader in automotive glass distribution, replacement, and claims management, acquired a majority stake in Ohio-based Advanced Auto Glass, a leading auto glass repair and replacement business, with an operational network comprised of nine in-bay locations, a fleet of 11 mobile service units, and a distribution warehouse serving Ohio, Pennsylvania, and West Virginia. This was the first of several transactions that Clairus Group plans to pursue in the U.S. market. Based on the excellent results and hard work of the CMM team, including Corporate Department managing attorney Don Rassiger assisted by Kyle Broderick, the client has already engaged CMM to draft and negotiate another similar acquisition involving an independent auto glass repair and replacement business located in the northeastern U.S.
CMM’s Mergers & Acquisitions practice has closed billions of dollars’ worth of deals on the national and international stage over the past decade, and it continues to be one of the cornerstones of our practice.