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CMM recently closed the sale of an indoor pickleball facility, pro shop, and lounge, and the transaction moved as swiftly and efficiently as the ball on the court!

CMM Partner Donald Rassiger led the deal team, with support from corporate attorney Marc Saracino and paralegal Lyzzette Lopez-Marin.  Representing the seller, our team navigated various challenges, including a tight timeline from signing the letter of intent in late December to closing a month later.  

This transaction showcased CMM’s depth of knowledge in the M&A seller-side across a wide range of industries. Learn more about how CMM helps our clients receive the most value for their business.

Successfully completing the sale of a company can be challenging and emotional in any circumstance, and particularly so when the shareholders have been business partners for over four decades. CMM recently closed the multimillion-dollar sale of a Long Island-based manufacturing company that has supplied its products to other manufacturers and businesses across the globe since the early 1980s, helping the shareholders navigate a host of legal, business, and personal considerations.

The sale was to a private equity group with aligned business interests. As part of the deal, it was important to our client that the buyer retain the company’s 30-person strong workforce, including its Chief Operating Officer, who has worked her way up in the company for over a decade. The arrangement also included a lease back of the property where the business has operated for decades. CMM’s Christine Malafi negotiated the deal, with critical support from Marc Saracino and Zachary Mike. Several issues which arose after the deal was underway threatened the closing, but CMM pushed through the challenges and delays to bring the deal to closure. Alan Sasserath, Managing Partner of Sasserath and Co., was an integral part of the team with respect to deal structure and tax advice. 

The client was elated with CMM’s efforts, sharing that our team was “an absolute pleasure to work with.” We look forward to assisting the client over the next several years as they wind-down on business and learn to be landlords to the buyer. 

This transaction showcased CMM’s depth of knowledge in the M&A seller-side and manufacturing space. Learn more about how CMM helps our clients receive the most value for their business.

Campolo, Middleton & McCormick, LLP is pleased to announce that Senior Partner Christine Malafi has been named Chairperson of the Judicial Screening Committee of the Suffolk County Bar Association. The Committee is tasked with investigating the background, experience, and other qualifications of candidates seeking to run for judicial office in Suffolk County to ensure that potential nominees are qualified to serve on the bench.

Malafi will chair the Committee this year in addition to her work chairing the Corporate department at CMM. Her practice focuses on mergers and acquisitions, corporate governance, and routine and complex transactions. She routinely represents buyers and sellers in multimillion-dollar transactions and serves in a general counsel role for many of the firm’s corporate clients. In addition to her legal work, Malafi serves on the Executive Board of Directors of Family Service League as the Vice-Chair of Governance & Nominating.

All members of the Judicial Screening Committee are appointed by the President of the SCBA, subject to the approval of the Board of Directors. Committee members are attorneys who have achieved distinction and experience in the practice of law. Malafi’s role on the Committee demonstrates her outstanding service to the public as well as her continued pledge to faithfully serve the Suffolk County legal community.