Accelerated Acquisition: PA Manufacturing Plant Assets & Real Estate
MBM Law represented a client in purchasing the building, assets, and real estate of an operating manufacturing plant in Pennsylvania on an accelerated time schedule. Our attorneys also worked with the seller, ensuring a smooth transition resulting in zero business interruption. The business acumen of attorneys Lawrence Maiello and John Prorok, and leveraging the skill of their business law team, were key in accomplishing the successful outcomes of this transaction. Our client received our experienced counsel in identifying risks and opportunities while meeting the quick turnaround times needed to get the deal done.
Within 45 days, MBM accomplished the following:
- Negotiated and Executed Transactional Agreements for the assets and real estate
- Smooth integration of new management
- Continuance of employee health plans and fringe benefits
- Clear and concise communications strategy alerting clients and vendors in change of ownership, ensuring uninterrupted exchange of goods and services
- Timely financing secured with lenders
- Structured the new entity
MBM’s affiliate title agency, MBM Property Services, LLC, provided settlement services and title insurance for the commercial real estate component of the transaction.
Lawrence Maiello serves individuals, families, and business owners in the preparation of a wide array of estate planning documents, wills, and trusts. Lawrence leads MBM Law’s Real Estate practice, having specialized in the industry for over three decades. He possesses substantial experience with commercial, residential, and mixed‐use real estate developments. He has been recognized as both a Pennsylvania Super Lawyer® and a Best Lawyer in America® for Real Estate Law.