REPRESENTATIVE TRANSACTIONS

Transcription

1 Business Services Group: Representative Merger/Acquisition Transactions the purchase of business and assets of Progressive Processing, Inc. from bankruptcy court. the purchase of business and assets of Michigan Bar Corporation. the purchase of business and assets from C&J Engineering, LLC. the purchase of business and assets of Bertin Steel Processing, Inc. Represented local steel processor in connection with the purchase of business and assets of Bar Processing Corporation. Represented Form Tech Industries, Inc. in asset swap with American Axle and Manufacturing, Inc. Represented Form Tech Industries, Inc. in connection with the sale of business and assets to HHI, Inc. Represented HudBay USA, Inc. in connection with the purchase of 100% of stock of White Pine Copper Refinery, Inc. Represented Johnstone Pump in connection with the sale of its business and assets to Ingersoll Rand. Represented Lakeside Stamping, Inc. in connection with the sale of its business and assets to Oxford Automotive. Represented National Auto Glass in connection with the sale of its business to Thompson Publishing. Represented New Tangram Interiors LLC in connection with the purchase of business and assets of Cal Pac LLC. Represented New Tangram Interiors LLC in connection with the purchase of business and assets of BKM Total Office of California, L.P. Represented Sofy Technologies in connection with the sale of its business to MSC Software Corporation. Represented co-founder of an information technology company specializing in pharmacy systems in the partner s buy out of the company. Represented electronics company and led negotiations in a sale to a strategic competitor for $13 million. Represented national consumer beauty products company in a $24 million stock sale. Represented mining company in connection with $3 million sale of stock in copper mining facility. Acted as local counsel to purchasers in connection $14.5 million acquisition of a full service hotel facility and associated loan transaction. Represented major healthcare insurer in the sale of business for $89 million. Represented purchaser in connection with the acquisition of a hotel chain for $40 million. Represented purchaser in the simultaneous acquisition of three separate accounting/payroll firms. 1

2 Business Services Group: Representative Lending Transactions Represented pension fund in arrangement for issuance of a $75 million letter of credit in favor of the City of Detroit on behalf of a Detroit casino. Represented pension fund in its $150 million secured construction loan to a Detroit casino. Represented local bank in its $6 million mortgage loan to apartment owner to facilitate a Reverse 1031 purchase/sale transaction. Represented local bank in its $12.5 million secured construction loan to condominiumize property and construct senior citizen housing. Represented local bank in its $17.7 million mortgage loan to refinance existing debt of owner of commercial properties. Represented local bank in its $5 million mortgage loan, with interest rate swap rights, to refinance existing debt of owner on commercial properties. Represented local bank in its $9 million mortgage loan to owner to refinance and renovate an 11 story commercial building in Chicago, Illinois. Represented local bank in its $3 million secured loan to owner of local commercial lumber company. Represented a local bank in a $5 million construction loan and working capital financing for a new surgery center and related medical practice. Represented a consortium of local credit unions and prepared the documents in their refinancing of a $4 million shopping center. Represented a consortium of credit unions in a $5 million construction and end loan for a wellness center. Represented a local bank in its $11 million line of credit loan and $7.6 million term loan to owner of local chain of landscape, flower and gardening centers. Represented a local bank in its $5 million line of credit loan to local fork lift company. Represented a local bank in its $8 million term loan for parties to purchase gas stations and convenience stores. Represented a local bank in its $26 million construction loan for borrower to construct a retail fruit, deli, and prepared food location. Represented a local bank in its $6.6 million construction loan to construct a banquet center, along with a $1 million line of credit loan. Represented a local bank in its $2 million 504 SBA loan for borrower to purchase two bowling alleys. Represented a local bank in its $5.5 million line of credit loan, $1.5 million term loan and $5 million construction loan to automotive supplier for expansion of building and painting facility for painting production of a new high performance vehicle for one of the big three automotive manufacturers. Represented a local bank in its combined $29 million refinance of mortgage loans to a real estate investor in college student housing. Represented a local bank in its $10 million term loan and $1.2 million construction loan for renovations and addition to two hotels by Metro Airport. Represented a local bank in its combined $10 million term loan to borrower for refinance and renovations of two apartment complexes. 2

3 Business Services Group: Representative Lending Transactions (continue) Represented a local bank in its combined $25 million loans to owner of various hotels to refinance debt and for renovations. Represented a local bank in its $3 million leasing line of credit to car dealership. Represented local bank in a $1 million construction SBA 504 loan. Represented local bank in assignment to developer of Federal new market tax credits in the amount of $11 million. Represented local bank in issuance of $1 million standby letter of credit for offshore insurance company to reduce malpractice premium costs. Represented a local bank in its $680,000 SBA 504 end loan for the construction of an indoor ice arena and restaurant. Represented a local bank in documenting a loan for $1 Million to construct a facility on the campus of a private Ohio university. Represented a local bank in documenting a loan for $5 Million to finance the purchase of an Ohio shopping center. Represented a local bank in documenting a $7.5 Million loan to finance the purchase of a shopping center in Lansing. Represented local bank in a sale of a $1.4 million sale of a mortgage loan to a group of investors. Represented local bank in commencing probate administration of an estate of a deceased borrower to successfully collect loan balance where heirs of deceased refused to initiate probate administration. 3

4 Business Services Group: Representative General Business Transactions Represented issuer in $40 million public offering and represented local public company in acquisition of Chinese manufacturing entity. Led negotiations and prepared the documents for a tax free reorganization and $1 million refinancing of a telemedicine company. Led negotiations and prepared the documents for a tax free split of a commercial laundry business valued at $1 million so shareholders ended up with their own separate business. Represented owners of an apartment complex in securing $4 million non-recourse mortgage loan. Represented majority shareholder of technology company in buyout of minority shareholder for $580,000 which represented a 37.5% interest in the company. Represented a local foreign automotive supplier in the acquisition and financing of multiple commercial facilities. with and obtaining permit approvals from City, County, State, and Federal agencies to enable purchase of an undeveloped parcel of land and allow development of a shopping center total approximate cost of land acquisition and development: $90 million. with and obtaining permit approvals from City, County and State to enable purchase of an undeveloped parcel of land and allow development of a shopping center total approximate cost of land acquisition and development: $40 million. Represented a local tool & die, automotive stamping company for 50 years; represents the family owners in real estate transactions, business and succession planning. Represented appliance and photographic equipment retailer for 50 years; represents the family owners and charitable foundation set up by family owners. Represented a local investment firm in the acquisition of several investment properties. Represented major Midwest printing and fulfillment company over 15 years in all aspects of corporate activity including several financings, real estate acquisitions and sales, business and succession planning and estate and financial planning for principals of the company. Represented Southeast Michigan steel toll processing company for over 30 years. Advised on several acquisitions, general corporate, including supply agreements with major customers, tax, real estate, succession planning and owners other business activities. 4

5 Business Services Group: Real Estate with and obtaining permit approvals from City, County, State, and Federal agencies to enable purchase of an undeveloped parcel of land and allow development of a shopping center total approximate cost of land acquisition and development: $90 million. with and obtaining permit approvals from City, County and State to enable purchase of an undeveloped parcel of land and allow development of a shopping center total approximate cost of land acquisition and development: $40 million. Represented local bank in its $12.5 million secured construction loan to condominiumize property and construct senior citizen housing. Represented a local bank in its $5.5 million line of credit loan, $1.5 million term loan and $5 million construction loan to automotive supplier for expansion of building and painting facility for painting production of a new high performance vehicle for one of the big three automotive manufacturers. Represented a local bank in its $680,000 SBA 504 end loan for the construction of an indoor ice arena and restaurant. Represented a local bank in documenting a loan for $1 million to construct a facility on the campus of a private Ohio university. Represented local bank in its $9 million mortgage loan to owner to refinance and renovate an 11 story commercial building in Chicago, Illinois. 5