Lyndhurst, NJ, March 8, 2019 – The attorneys ofsuccessfully provided legal support on two mergers and acquisitions deals that closed within two weeks: one in the technology industry and the other in child daycare services. The larger of the two deals involved the acquisition of a California-based developer of eLearning technology solutions and the other involved the acquisition of a Clifton, NJ-based daycare.
In the first deal, Scarinci Hollenbeck represented CoSo Cloud, LLC (CoSo) in its acquisition of eSyncTraining (eSync), a California-based developer of eLearning technology solutions. According to CoSo, this acquisition allows the company to expand its sales, customer support, and engineering teams as well as broaden the company’s total eLearning solutions for global enterprises and large government agencies.
“On behalf of Coso Cloud, LLC and AASKI Technology, Inc., I’d like to offer a special thanks to Jeff Cassin and the attorneys at Scarinci Hollenbeck,” stated Glen D. Vondrick, CEO of CoSo. “In addition to playing a key role in finalizing the deal, they also made this transaction happen quickly and seamlessly for all parties involved.”
Jeff Cassin led the transaction and attorneys Roshan Shah, Fred Zemel, Charles Friedrich and Stephanie Edelstein all contributed.
Local Daycare Deal
In the second deal, Scarinci Hollenbeck represented a buyer of a New Jersey daycare. In order to finalize the transaction, the group also assisted the buyer in acquiring SBA financing in collaboration with Sandra Bessoir, Vice-President of Lending, International Marketing Group, LLC. Scarinci Hollenbeck attorneyalong with Jeff Cassin, Fred Zemel and Jeff Pittard.
The buyer in the transaction who wished to remain anonymous stated, “Stephanie Edelstein and the rest of Scarinci Hollenbeck’s M&A group were fantastic. They were efficient, attentive and most importantly, effective.”
Scarinci Hollenbeck’s Mergers & Acquisitions Law Group
represents clients in middle market M&A’s as well as divestiture transactions. The group regularly handles a wide array of deals ranging from mom-and-pop shops to transactions valued at hundreds of millions of dollars. The group includes several skilled practitioners across disciplines, including Tax, Intellectual Property, Real Estate, Environmental & Land Use, and Waste Management. Our attorneys counsel clients every step of the way from the pre-letter of intent stage all the way through to post-deal integration.