Despite the economic havoc continuing to be felt across the country – or perhaps because of it – mergers and acquisitions on Long Island are red hot, as business owners and buyers alike seek out new opportunities. CMM recently helped one such business owner by successfully pushing a deal across the finish line, unhampered by these uncertain times.
Vincent Costa, with assistance from Corporate Paralegal Katharine Campolo, handled the asset sale on behalf of our client, a Suffolk County-based sheet metal fabricator that has produced customized parts for the aerospace, military, medical, and communication fields for nearly three decades. The buyer is also a local business, which means the deal not only helped our client start a new chapter; the deal will also help keep jobs and dollars on Long Island during this critical time.
Many business owners are turning these trying times into new opportunities by selling or restructuring their businesses. Contact us today for guidance.