Dinsmore Advises FlexScreen, of Shark Tank Fame, Through Landmark Sale to RiteScreen
Dinsmore & Shohl LLP recently acted as seller-side counsel in the acquisition of FlexScreen, LLC by The RiteScreen Company, marking one of the largest exits for any Shark Tank business in the show’s history.
FlexScreen, renowned for its market-disruptive flexible window screen technology protected by multiple patents, has experienced exceptional growth since its memorable Season 11 appearance on ABC’s Shark Tank. After a spirited battle among three of the five Sharks, FlexScreen entered into a successful ongoing business relationship with Lori Greiner. The company's trajectory has only accelerated, with additional Shark Tank update segments and more appearances scheduled over the next six months.
Dinsmore’s relationship with FlexScreen began at its inception in 2013, with Jim Carlisle representing the company from formation through to this transformative transaction. The sale to RiteScreen, which was completed on February 13, 2025, included rollover equity in RiteScreen’s private-equity-backed parent company and a long-term employment agreement for co-founder Joe Altieri to serve as RiteScreen’s Chief Innovation Officer.
“Guiding FlexScreen from its founding to this incredible moment has been an honor,” said Jim Carlisle. “This transaction reflects years of innovation, strategic growth and the vision of Joe Altieri and Andy Virostek. We are proud to have played a part in helping FlexScreen achieve this remarkable milestone.”
This complex, high-stakes transaction is a testament to the collaborative approach and expertise of Dinsmore’s corporate, litigation, tax, labor and intellectual property teams.
"From the very beginning, the team at Dinsmore & Shohl has been an invaluable partner in FlexScreen's journey - from the startup in my garage to our recent major acquisition and everything in between. We've worked with nearly every department over the years, and in every instance, their professionalism, expertise and dedication have exceeded our expectations. Their guidance has been instrumental in navigating the complexities of our growth, and we are beyond grateful for their unwavering support." – Joe Altieri, FlexScreen Inventor
“We are excited to continue supporting FlexScreen with its corporate and business legal needs as it embarks on this new chapter with RiteScreen,” Jim added.