Mergers and acquisitions (M&A) transactions have long been the core of the Business Group’s practice at Pierce Atwood. Whether selling a cherished business built over generations or a fast-growing company built on the latest innovation, spinning off a non-core subsidiary or buying a key new strategic business, our clients look to us to navigate the process.

M&A Transaction Services

Pierce Atwood's M&A lawyers represent both the buy side and the sell side in M&A transactions across a wide range of industries. Our M&A deals include representation of traditional middle market businesses, technology companies, private equity investors, and public companies for which we serve as regular M&A counsel in connection with their acquisition programs.

Mergers and Acquisitions ServicesOur M&A lawyers have assisted clients with successful transactions throughout the United States, in Canada and in several countries in Europe and Asia. While we have handled transactions up to $1 billion, our typical deals fall in the range of $10 million to $500 million.

We play a lead role in these M&A transactions by:

  • Negotiating and structuring the deal terms
  • Managing the due diligence process
  • Structuring the transaction
  • Advising on employment and corporate governance issues
  • Documenting all aspects of the transaction, and
  • Taking it to closing

Additionally, we coordinate multidisciplinary teams bringing to bear the firm's full resources, applying the firm's expertise in the areas of antitrust, banking and financial services, employment and employee benefits, environmental, intellectual property, real estate and tax as needed.

Our goal is to establish close and long-term relationships with our clients by providing strategic counseling, practical advice, and the highest quality legal representation at a reasonable cost.

Representative M&A Transactions

  • $530M: NYSE-listed company acquisition of a combined-cycle power plant
  • $485M: Acquisition of the video delivery business of a public company
  • $300M: Sale of renewable power utilities
  • $265M: Acquisition of resorts on behalf of NYSE-listed owner and operator of ski resorts
  • $205M: Sale of electronic instrument manufacturer
  • $182M: Sale of plumbing, heating, cooling, water, and propane supplier
  • $180M: Successful recapitalization involving the sale of equity interests to a private equity firm and the rollover by management of a significant continuing equity position in the footwear industry
  • $175M: Lead counsel in the acquisition of a 20-store grocery chain in Massachusetts
  • $125M: Spinoff of dairy products manufacturer by a large, publicly-held company
  • $120M: Sale of Massachusetts-based commercial bakery
  • $102.5M: Acquisition of insurance company
  • $100M: Sale of company to a publicly traded consumer products company operating worldwide
  • $100M: “Going private” merger in the winter sports industry
  • $100M: Sale of product line and related licensing, development and supply agreements for developer of medical device technologies
  • $96M: Sale of Maine-based hospitality company
  • $95M: Sale of specialty IT consultancy to Fortune 50 company
  • $85M: Sale of sporting equipment retailer
  • $75M: Sale of Connecticut-based manufacturing company
  • $75M: Acquisition of petroleum products terminal and wholesale, commercial and retail fuel distribution business
  • $75M: Acquisition of a talent and rights management company
  • $70M: Sale of manufacturer and distributor of certain precision metals
  • $60M: Sale of developer of power generation technologies to public company
  • $58M: Sale of ownership interest in a mill and energy facilities
  • $50M: Public company sale of assets in the financial services industry
  • $50M: Sale of hydroelectric generating facility
  • $47M: Acquisition of waste disposal assets in western Massachusetts and Albany, New York
  • $35M: Sale of a Nasdaq-listed developer of advanced thermal processing equipment, to another Nasdaq-listed company
  • $30M: Sale of an IT staffing company to a public company
  • $30M: Stock for stock, tax advantaged merger between two public companies in the high temperature manufacturing business
  • $30M: Acquisition of a Maine-based construction company
  • $25M: Acquisition of a natural gas and electricity marketing company
  • $25M: Acquisition of commercial talent rights management and payment company
  • $22.5M: Sale of robotic platform solutions supplier to the U.S. government and national utility companies
  • $20M: Acquisition of printing company
  • $20M: Public company sale of assets in the financial services industry
  • $17M: Acquisition of hospitality software developer
  • $14.5M: Private merger in the environmental and industrial services industry
  • $10M: Disposition of a Maine-based construction company
  • $10M: Sale of assets within the interactive diagramming solutions software industry
  • $10M: Sale of logistics tracking business
  • $2M: Sale of municipal ERP software company
  • $1M: Acquisition of video advertising management company

Representative Experience

Pierce Atwood served as lead counsel to Casella Waste Systems in its $47 million acquisition of waste disposal assets in western Massachusetts and Albany, New York from publicly traded Republic Waste and its affiliates.

$47 Million Acquisition of Waste Disposal Assets

Represented Artemis Growth Partners, a private equity fund investing in the cannabis industry, on the acquisition of Bridge Farm Group, a UK producer of ornamental plants, flowers and herbs, from publicly traded Canadian cannabis producer Sundial Growers, Inc.

Acquisition in the Cannabis Industry

We represented the Town of East Millinocket, Maine in its acquisition of the East Millinocket mill, the former Great Northern Paper Co. LLC mill site. The acquisition was the culmination of over a year and half of work by town leaders and a variety of agencies to buy the property.

Acquisition of East Millinocket Mill

Pierce Atwood advised BTU International, a publicly traded global supplier of thermal processing equipment, in a stock for stock, tax-free merger with Amtech (NASDAQ: ASYS), a global supplier of production and automation systems.

BTU International Tax-Advantaged Merger

Assisted Dead River Company in connection with the acquisition of the heating oil, propane and service business of Fortier & Son, Inc., located in Somersworth, New Hampshire.

Dead River Acquisition of Fortier & Son, Inc.

Pierce Atwood served as legal counsel to Connecticut Municipal Electric Energy Cooperative (CMEEC) in connection with Hull Street Energy’s acquisition of the AL Pierce Generation facility in Wallingford, Connecticut from CMEEC. The natural gas-fired facility provides 84 MW of flexible, fast start dual-fueled power generation capacity to the New England region.

Sale of Connecticut Natural Gas-Fired Plant

Representation of Great Bay Renewables, Inc. in connection with its acquisition by Altius Renewable Royalties Corp., a subsidiary of Canadian company Altius Minerals Corporation.

Sale of Great Bay Renewables to Canadian Company

We represented Madison Paper Industries, a major pulp and paper company, in all corporate, environmental, and real estate aspects of the sale of all of its remaining Maine assets in three separate transactions to three different, unrelated parties. Facilities sold included pulp and paper production facilities, hydropower facilities, and a closed solid waste landfill.

Sale of Pulp & Paper Manufacturer’s Assets