Advises in the acquisition of a Western Pennsylvania company that develops, manufactures and markets a broad range of patented and proprietary engine technologies to the heavy-duty diesel engine and equipment marketplace.
Assists in the Sale of substantially all of the assets of a Vineland N.J. manufacturer of racing straps, seat belt harnesses and similar equipment.
Performed due diligence and created a deal structure to implement the acquisition of our client from Allegheny International.
Represented a company in its acquisition of one of Europe's largest railroad wheel and axle manufacturers from one of the world's largest producers of stainless steel.
Represented a management buy-out-group in acquiring Huntco, Inc., a value-added steel service center, in connection with a stalking horse bid for the assets of the company, which was a debtor in a Chapter 11 Bankruptcy proceeding.
Performed the financial, operations and marketing due diligence and advisory services on behalf of a $2.5 billion private equity fund in connection with its bid in a 363 sale of the assets of a special bar quality steel company.
Performed the due diligence and represented management groups on multiple occasions in their attempts to execute a management buy-out of the Cy-temp division of Cyclops. Ultimately, we represented the purchasers of the company's flat roll division.
Performed operations, information technology, financial, legal and industry analyses to ascertain feasibility of reopening the facility; initiated negotiations with union representatives regarding restructuring of compensation and benefits; and developed a business plan for implementation of the reorganized facility.
Assisted management in the reorganization and development of a business plan to facilitate its acquisition by a financial buyer; represented the company in its acquisition of the Baltimore Specialty Steel Corp. from Armco; participated in the company's initial public offering; and represented the company in the negotiation of its labor and employee benefits contracts.
Represent a Pittsburgh-based designer and manufacturer of products that clean, inspect, and rehabilitate pipes and tanks using robotic and remote controlled mobile equipment. Our representation included the acquisition of core technology, angel, bridge and first-level institutional funding rounds and strategic alliances.
Represented a designer and manufacturer of network security devices from company formation through five rounds of preferred stock offerings, raising in excess of $30 million.
Represented a producer of Web services security products, from its initial incorporation through two rounds of preferred stock offerings and two rounds of bridge funding.
Represent a maker of innovative affordable battery powered office tools ranging from paper shredders to push button staplers, as well as revolutionary, capless retractable marker products. We formed the company, represented them through three rounds of funding, and connected them to Chinese manufacturers.
Formed a California-based vendor of vulnerability assessment and management products; assisted in their stock-offering and represented them in connection with a strategic alliance and possible merger with a company that offers a related technology.
Assisted with the $30 million investment in a California-based company that offers a complete suite of central office equipment.
Represented a company that develops innovative optical lens-making equipment in raising $3 million in capital.
Worked with an existing equity fund as well as an individual in connection with the formation of a new $100 million technology-oriented fund.
Secured angel, bridge and first-level institutional funding rounds for a Pittsburgh-based designer and manufacturer of mobile robotic products that inspect and rehabilitate pipes and tanks. Also assisted company in forging strategic alliances and acquiring core technology.
Raised in excess of $30 million for a designer and manufacturer of network security devices from the time of company formation through five rounds of preferred stock offerings.
Managed a stock-offering funding round for a California-based vendor of vulnerability assessment and management products.
Provided strategic planning advice to a producer of Internet security products, from its incorporation through two rounds of preferred stock offerings and two rounds of bridge funding.
Assisted with a $30 million investment in a California-based company that offers a complete suite of back-end office software.
Represented a software development company in connection with a $3.5 million financing.
Steel Industry Experts
Representing a national holding company of steel service centers in its divestiture of 13 non-core units due to economic downturn. We previously represented this company in its roll up of five related companies through a series of stock purchases, asset purchases and mergers.
Represented a management buy-out-group in acquiring Huntco, Inc., a value-added steel service center, in connection with a stalking horse bid for the assets of the company, which was a debtor in a Chapter 11 Bankruptcy proceeding. The transaction included negotiations with the Company, its counsel and senior lenders, as well as identification of and negotiation with potential equity sources.
Performed financial, operations and marketing due diligence and advisory services on behalf of a $2.5 billion private equity fund in connection with its bid in a 363 sale of the assets of Republic Technologies International.
Acquisition of Rouge Steel Company from Ford Motor Company followed 5 years later by the $175,000,000 initial public offering of Rouge Steel common stock.
Resuscitation of Standard Steel out of the Allegheny International bankruptcy.
Creation of American Alloys, the only American-owned producer of ferroalloys.
Rail Industry Experts
Creation of Gulf & Mississippi Railroad, a 1,000 mile short line railroad transaction that repealed 100 years of labor protection by the Interstate Commerce Commission.
Reorganization of MK Rail Corporation, now known as MotivePower, Inc. and subsequent merger of the company into a $1.3 billion diversified railroad component and manufacturing concern.