Day Pitney LLP represented Titanium Industries Inc. in its acquisition of RTI International Metals, Inc.'s subsidiary, Pierce-Spafford Metals Company, Inc., for approximately $12.5 million in cash. Pierce Spafford is a full-service stocking distributor of specialty metals serving customers in the aerospace, defense, oil & gas, power generation, and general industrial markets.
The deal team advising Titanium included partners Henry Nelson Massey, Colleen R. Donovan, counsel Thomas A. Zalewski and associates Joseph F. Morcos and Meghan McSkimming.
Titanium Industries, Inc. (T.I.), headquartered in Rockaway, NJ, is a global leader in performance metal solutions for the aerospace, medical, industrial and oil & gas markets. Holding a complete inventory of performance metals across its 18 location global service center network, T.I. delivers supply chain solutions at all levels of sophistication and complexity. With a globally experienced and technically driven team, T.I. has been providing dependable, quality driven solutions to customers since 1972.
About Day Pitney
Day Pitney LLP is a full-service law firm with more than 300 attorneys in, Boston, Connecticut, New Jersey, New York and Washington, DC. The firm offers clients strong corporate and litigation practices, with experience on behalf of large national and international corporations as well as emerging- and middle-market companies and individuals.
Day Pitney Advisory
On January 31, David Waizer will be speaking at "Drafting Lasting Business Contracts: Simple, Powerful Strategies That Stand The Test of Time," a program and live webcast presented by the New Jersey Institute for Continuing Legal Education, a division of the New Jersey State Bar Association.
On January 15, Brian Fischer spoke at "When Good Deals Go Bad – Pitfalls to Avoid During the Sale Process," an Exit Planning Exchange (XPX) program held at The Hartford Club in Hartford, CT.
On January 8, David Waizer gave a presentation, "Starting Your Healthtech Company," to the Biomedical Entrepreneurship Network at Robert Wood Johnson Medical School – Rutgers.
David Waizer presented on "Select Legal Issues for Emerging Companies" at the Rutgers Business School Collaborative for Technology Entrepreneurship and Commercialization (CTEC).
Daniel Gottfried, chair of Day Pitney's International Transactions practice was quoted in an article, "Who Can You Trust in the Cryptocurrency Economy?," published by the Robb Report.
Day Pitney Press Release
Day Pitney Press Release
On October 26, Day Pitney LLP hosted a program on entrepreneurship and innovation with the Consulate General of Israel to New England and the New England Israel Business Council at the firm's Boston office.
Day Pitney partners Michael Furey and David Waizer were recognized in the inaugural NJBIZ Vanguard Series: Leaders in the Law.