fbpx

News (All)

CMM Elevates Crane and Rigging Company to Success with Latest M&A Deal

Posted: June 11th, 2024

When it comes to closing an M&A deal, CMM is always there to do the heavy lifting for our clients.

In this deal, CMM represented a crane and rigging company that has been in business for over 30 years in the sale of substantially all of its assets to a Tennessee-based consortium. The client received cash for the assets and rollover equity in the buyer’s vertical.

This is the third crane and rigging company that CMM has represented in M&A transactions in as many years.

Donald J. Rassiger led the deal team with tremendous support from paralegal Lyzzette Lopez-Marin. This transaction showcased CMM’s depth of experience and ability to get deals done. For more information on our mergers and acquisitions services, please contact us.

CMM Closes F-Reorganization Deal

Posted: May 28th, 2024

CMM has closed another successful M&A deal involving a complex F-reorganization. The deal team completed the sale in record time for our client, a business specializing in accounting and business solutions for nonprofit organizations.

The terms of the deal included the sale of the majority of the client’s stock to a private equity firm. The firm, in business since 2013, focuses on investment in and active expansion of small capitalization and middle market companies in partnership with management. Our client will remain on board with the company as part of the rollup.

An F-reorganization is a type of qualifying tax-free reorganization for corporations that changes the identity or form of a corporation. Private equity firms often take advantage of the F-reorganization as a means of acquiring an S corporation without engaging in a lengthy consents process while simultaneously gaining the tax benefits of a deemed asset sale.

The client appreciated CMM’s efforts, sharing that “It was a true pleasure working and learning from CMM, and I look forward to the next chapter.” CMM’s Vincent Costa led the deal.

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

McCormick Elected President of the Suffolk County Bar Association

Posted: May 7th, 2024

Campolo, Middleton & McCormick is thrilled to announce that Senior Partner Patrick McCormick has been elected and will be inducted in June as President of the Suffolk County Bar Association for a one-year term. As President, McCormick will take leadership of the bar association, positioning him as one of the most prominent advocates in New York State for the legal community.

This election is the culmination of numerous professional milestones for McCormick, who has previously served as President-Elect, First and Second Vice President, Secretary, and Treasurer of the SCBA Board of Directors, as well as Dean of the Suffolk Academy of Law. A recognized leader in the community, this election highlights McCormick’s long-standing dedication to the SCBA, tremendous support from his colleagues across the legal profession, and his advocacy for the New York legal community. McCormick will be sworn in at the SCBA’s 116th Annual Installation Dinner at Flowerfield in St. James, New York on June 6, 2024.

McCormick chairs the Commercial Litigation and Appellate Practice Group at CMM, having built a reputation as a strategic and talented appellate attorney over three decades in the field. Representing clients in civil and criminal matters in both federal and state courts, he has argued numerous appeals, including at the New York State Court of Appeals, the state’s highest court. McCormick is also a respected trial attorney, litigating all types of complex commercial and real estate matters. He represents national commercial shopping centers, retailers, and publicly traded home builders in commercial and residential landlord-tenant matters. McCormick has been recognized by his peers with the Martindale-Hubbell AV Preeminent® rating for ethical standards and legal ability, the highest possible rating from the most recognized legal directory and resource. 

DeMaio Elected as a Director of the Suffolk County Bar Association

Posted: May 7th, 2024

Campolo, Middleton & McCormick is proud to announce that Senior Associate Richard DeMaio has been elected as a member of the Board of Directors of the Suffolk County Bar Association. He will be sworn in by Hon. Helen Voutsinas, Associate Justice of the Appellate Division, Second Department, at the SCBA’s 116th Annual Installation Dinner on June 6, 2024.

DeMaio has been actively involved in the SCBA and has acted as an invaluable resource to the bar association’s educational arm, the Suffolk Academy of Law, over the years. In addition to his new role as a Director, DeMaio currently serves as Treasurer and an officer of the Academy of Law, on the Board of Managers for the Suffolk County Bar Association Charity Foundation, and as Chair of the SCBA Newly Admitted Attorneys Committee. Previously, he served as Co-Chair of the Membership Services & Activities Committee. 

DeMaio is a litigation attorney who focuses on contract issues, business disputes, environmental matters, and municipal matters in state and federal court. His municipal work includes Article 78 proceedings, zoning/land use matters, and defending municipalities. He also focuses on commercial landlord-tenant cases and a variety of appeals. Richard works extensively on researching and drafting motions and appellate briefs in state and federal court. He has argued and won several appeals pertaining to land use/zoning, commercial, and general litigation.

We are pleased to congratulate DeMaio on his new role which will increase his involvement in the legal community.

Legal Assistant

Campolo, Middleton & McCormick is seeking a Legal Assistant for a full-time role at our Ronkonkoma headquarters. This is a great opportunity to gain hands-on experience and make an impact at a fast-paced firm recognized by Forbes as a Top Corporate Law Firm.

Duties & Responsibilities

  • Work with and assist attorneys on a variety of litigation matters
  • Make corrections to documents, proofread/format, collate, and organize documents/files
  • Docket and calendar various attorney and Court appearances and deadlines
  • Preparation of court and client documents including exhibits, bookmarking, OCRing, and Bates stamping
  • E-filing
  • Process medical record authorizations and manage process to obtain medical records
  • Document management including scanning, printing, binding, and copying
  • Other administrative tasks as assigned

Qualifications

  • Proficient with Microsoft Office Suite and Adobe Pro
  • Excellent oral and written communication skills. Strong proofreading skills are a must.
  • Reliable and punctual
  • Detail-oriented

Benefits of working at CMM include:

  • The opportunity to work with professionals on diverse projects at a recognized law firm with a stellar reputation
  • Benefits including health, dental, and vision insurance, life insurance, SIMPLE IRA with employer match, and paid time off
  • Training on substantive legal topics as well as professional development topics

CMM is an equal opportunity employer.

Salary range: $55,000 – $60,000 per year

Please email resume and cover letter to recruiting@cmmllp.com.

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. 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.