Experience
Asset Purchase
Structured and negotiated employee purchase of the assets of a printing facility from its publicly traded owner.
Combination
We assisted our client in negotiating, structuring and closing a tax-free combination of two medical practices and affiliated entities.
Financing
Negotiation and closing of a $900,000 loan from the Director of Development of the State of Ohio for an Eligible Innovation Project.
Financing
Assisted client in a negotiation and closing of a $10.5 million loan package which included senior and subordinated debt.
Financing
Assisted client in a negotiation and closing of a $3 million junior loan facility.
Loan for expansion of tool manufacturing company’s capabilities
When West Troy Tool sought more effective ways to meet their customer production demands, they turned to Dinsmore. The client, which supplies product-based manufacturers with tooling and component parts, had been in their current location in Troy since the 1990s. We worked with the client to secure an approximately $2.3 million loan from the Director of Development Services Agency of the State of Ohio as part of the Ohio Enterprise Bond Program, also known as JobsOhio, a program that serves as the state’s public-private development arm. The loan enabled the client to purchase three molding machines, as well as provided funds for additional equipment and tooling as West Troy continues to grow. The new equipment and machinery will increase production and improve the client’s product offerings, as well as offer more jobs in the Miami Valley area. The deal also ensures that the company will remain in the state, and serves as a successful example of the use of the JobsOhio program.
Stock Purchase
Assisted client with obtaining financing for, negotiating and finalizing acquisition of a family owned manufacturing business.
Syndicated Revolving Credit Facility
We assisted a long-time privately held client in negotiating, and on January 31, 2011, closing, a syndicated revolving credit facility of up to $125,000,000. In connection with obtaining the financing, we also assisted our client in a major and complex restructuring of its ownership and subordinated debt structure that had significant tax implications.