Legal Brief: The latest M&A deals and upcoming events!
Posted: March 21st, 2024
News (All)
CMM Represents Vicon Machinery Group in its Acquisition by Lindab International
Posted: March 18th, 2024
Campolo, Middleton & McCormick is delighted to announce that our client Vicon Machinery Group, the leading U.S. manufacturer of rectangular ventilation duct machinery, has been acquired by Lindab International, a publicly traded billion-dollar corporation.
Vicon is the industry leader in North America for the manufacture of HVAC ductwork machinery. Their office is headquartered in Bohemia, New York, with production facilities in Missouri and Pennsylvania. Vicon is comprised of four companies: Vicon Machinery, Plasma Automation, Walsh Atkinson Company, and Central States Machinery with approximately 20 distributors across the U.S.
Lindab is an international leader in the production of ventilation ducts. This acquisition will give Lindab more comprehensive access to the North American market, according to Lindab President and CEO Ola Ringdahl. This acquisition more than triples Lindab’s sales in the U.S. while doubling global sales of machines for duct production.
Lindab, listed on the Nasdaq Stockholm, Large Cap, under the ticker symbol LIAB, has over 5,000 employees in 20 countries and generates over $1.2 billion in revenue.
Vincent Costa led the deal team, which included CMM’s Marc Saracino and Zachary Mike. Through the negotiations, CMM worked closely with multi-family office Strata Alliance; tax advisors Sasserath & Co.; M&A advisory firm Protegrity Advisors; and trusts and estates counsel DePinto Faldetta, LLP.
Congratulations to the all the Vicon companies and Lindab for the upcoming success of the business integration.
Campolo Moderates HIA-LI Economic Development in the Town of Islip
Posted: March 13th, 2024
Joe Campolo moderated the HIA-LI Economic Development in the Town of Islip panel on Wednesday, March 13, 2024. The event was held at Boulton Center for the Performing Arts with opening remarks by Frank Boulton, Owner of Boulton Center and Founder & CEO of L.I. Ducks. The panelists spoke about the latest happenings in the Town of Islip including exciting updates on MacArthur Airport, Station Yards in Ronkokoma, and Shoregate in Bay Shore. Panelists included Angie Carpenter, Supervisor of the Town of Islip; Shelley LaRose Arken, Commissioner of L.I. MacArthur Airport; James Coughlan, Co-Founder of Tritec Real Estate; and John Walser, Executive Director of Economic Development of the Town of Islip.
Campolo Recognized as an Influencer in Law
Posted: March 12th, 2024
We are pleased to share that Joe Campolo has been recognized as an Influencer in Law. Campolo is honored to be a part of this distinguished group that has helped strengthen Long Island’s business community.
Campolo has been getting things done in the business community for more than 25 years and is a recognized leader for tackling large projects and delivering results. From advising business owners and CEOs on M&A to running his own businesses, Campolo is immersed in finding creative solutions to complex problems. His deep, inner knowledge of the business world allows him to understand the perspective of business owners as they think about growing and selling their companies.
Campolo is also the Founder and CEO of Strata Alliance, a multi-family office with a network of carefully curated service providers, redefining the concept of assisting affluent and sudden wealth families. Strata Alliance is committed to investing capital in Long Island businesses and development projects. He takes a holistic approach to understanding all aspects of a client’s business, and his deep network of trusted advisors enables him to seamlessly provide critical services to high-net-worth clients.
As a top business strategist, Campolo is a go-to advisor for the who’s who of Long Island business, and he is a member of the prestigious Long Island Business Hall of Fame. Recognized as an authority on negotiation, Campolo enjoys an advantage in complex transactions and litigation and is routinely retained in “bet the company” legal matters by companies large and small.
Campolo is also deeply involved in philanthropy, starting his own nonprofit, CMM Cares. Believing that bringing the business community together can make a difference, CMM Cares supports Long Islanders facing unexpected challenges. Campolo serves on the board of the Guide Dog Foundation and America’s VetDogs. He actively contributes to the HIA-LI as a board member and chairs the Economic Development Task Force, which identifies investment opportunities on Long Island. He also chairs HIA-LI’s Gold initiative for CEOs.
Malafi Presents How to Retain Your Employees While Exploring a Transaction
Posted: February 27th, 2024
Event Date: March 12th, 2024
Join Christine Malafi, Senior Partner and chair of our Corporate practice, in conjunction with Imperial Advisory as she presents “How to Retain Your Employees While Exploring a Transaction” on Tuesday, March 12th at 11am via Zoom.
The webinar will explore:
- How can companies keep employees engaged during transitions or transactions?
- What methods encourage employee retention during periods of change?
- How do organizations anticipate and address employee concerns during transactions?
To register for the webinar, click here.
Staller Center Gala featuring Leslie Odom, Jr.
Posted: February 22nd, 2024
Event Date: March 9th, 2024
Scott Middleton, CMM Senior Partner and Staller Center Board of Director, invites you to the Staller Center Gala on March 9th. There will be a very special performance featuring Broadway and Film star Leslie Odom, Jr. The proceeds from the Staller Center Gala VIP tickets go to ensuring the highest quality of programming and affordable community access to the arts.
McCormick to be Inducted as President of the Suffolk County Bar Association
Posted: February 22nd, 2024
Event Date: June 6th, 2024
Campolo, Middleton & McCormick is proud to announce that Senior Partner Patrick McCormick will be inducted as President of the Suffolk County Bar Association. As President, McCormick will continue to advocate for the legal community and represent the SCBA.
The event will take place on June 6, 2024 at Flowerfield in St. James, NY. For tickets, sponsorships and to place ads in the journal, click here.
Campolo Moderates HIA-LI Economic Development in the Town of Islip
Posted: February 15th, 2024
Event Date: March 13th, 2024
Joe Campolo will moderate the HIA-LI Economic Development in the Town of Islip panel on Wednesday, March 13, 2024. The event will be held at Boulton Center for the Performing Arts from 8:00am – 10:00am. Hear about the latest happenings in the Town of Islip. Panelists include Frank Boulton, Owner of Boulton Center and Founder & CEO of L.I. Ducks, Angie Carpenter, Supervisor of the Town of Islip, Shelley Larose Arken, Commissioner of L.I. Macarthur Airport, James Coughlan, Co-Founder of Tritec Real Estate, and John Walsner, Executive Director of Economic Development of the Town of Islip.
Click here for more information and to register for the event.
CMM Closes Sale of Pickleball Facility
Posted: February 14th, 2024
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.