Jeffer Mangels Butler & Mitchell LLP (JMBM), one of California’s foremost full-service law firms, served as lead transaction counsel in the sale of Magparts stock to a strategic buyer backed by a private equity group. The transaction closed on August 10, 2010 The JMBM team included Joel Berman, Barry Burten and David Sudeck.
Since 1958, Magparts has been a manufacturer of high-strength aluminum and magnesium castings, primarily for the aerospace and defense industry. The Southern California company produces high-quality sand castings, permanent mold castings and investment castings at its state-of-the-art foundries.
About JMBM’s Aerospace Group
Jeffer Mangels Butler & Mitchell LLP (JMBM) provides legal services to the aerospace and defense industries in a number of capacities, including transactions, litigation, real estate and land use counseling, restructuring and workouts and intellectual property. We have represented well-known engineering firms, manufacturing companies, contractors and technology companies in the aerospace industry.
About JMBM’s Mergers & Acquisitions Practice
JMBM represents buyers and sellers in a wide variety of mergers, acquisitions and divestitures. Our lawyers provide start-to-finish assistance with the structuring, negotiation, documentation and closing of the deal, using the firm’s full resources for everything from due diligence to tax-efficient deal structures. Clients get all the help they need to negotiate and prepare letters of intent, conduct due diligence investigations, structure financing arrangements and form special-purpose entities for completing the transaction. Whether the buyer is a strategic acquirer or a financial sponsor, and whether the seller is a first-transaction entrepreneur or a deal-sophisticated serial business owner, we bring the necessary expertise to the table and get the deal done.