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.
Brian Fischer spoke on "Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection," at an Exit Planning Exchange (XPX) Hartford program.
On November 13, Day Pitney LLP and FH+H, PLLC, along with PDB FutureCom International, hosted an invitation-only program, "Industrial Internet of Things (IIoT) & America's Critical Energy & Transportation Infrastructure," held at the new International Spy Museum in Washington, D.C.
Day Pitney LLP, together with the State of Israel and PDB FutureCom International, hosted a unique, invitation-only Startup Program for early-stage cybersecurity and analytics investors at the Cornell Club of New York.
David Waizer gave a presentation, "Select Legal Issues for Startups," at the Rutgers Business School Collaborative for Technology Entrepreneurship and Commercialization (CTEC).
On Thursday, May 18, Rick Harris moderated a panel, entitled "Scale-Ups up in Connecticut: Jump Starting Growth," which was put together by the MIT Enterprise Forum of Connecticut and by the CEO of JANUS Associates, Inc., an early Connecticut Innovations portfolio company.
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.