Mergers and Acquisitions

McDonald Hopkins represented private investment firm Ninth Street Capital Partners in its sale of Nebraska-based Castronics LLC to Inspection Oil Field Services, a portfolio company of Baltimore private equity firm Calvert Street Capital Partners. Ninth Street had acquired in December 2009 the assets of Castronics, a provider of pipe threading, perforating and refurbishing services to oil and gas drillers in the Rocky Mountain and Upper Midwest regions. The transaction generated a 3.5x cash-on-cash return and an 81 percent IRR for Ninth Street's investors.

Mergers and Acquisitions

McDonald Hopkins represented Sanders Tools & Supplies, Inc., one of the premier industrial distributors of cutting tools, abrasives, and precision instruments, in its sale to BlackHawk Industrial Distribution, Inc. Sanders Tools & Supplies, Inc., based in Peoria, Illinois, was the fourth acquisition for the private equity-backed BlackHawk Industrial. John Spinoso, former CEO and owner of Sanders, said: "The team at Sanders Tool Supply Division will be well served under the support and structure of the BlackHawk Industrial leadership."

Women-Owned Businesses

Michelle Kantor, a Member in our Chicago office, was recognized by the South African Consulate General in Chicago for her "commitment to the launching of the first-ever United States-South Africa Women's Business Forum from 24-28 October 2011." Amb. Nomvume P. Magaqa, also noted: "With your help and participation, we have successfully introduced an innovative new instrument for the empowerment of women-owned businesses in South Africa... It is only with the continued support of organizations like McDonald Hopkins LLC that this conference will truly establish itself."

Michelle Kantor has devoted most of her more than 24-year career to providing legal assistance and helping women-owned, minority-owned and veteran-owned businesses to be successful. She is a frequent speaker at seminars, conventions and trade associations nationwide on topics focused on assisting minority and women-owned companies. Michelle is also Chair of our firm's Diversity Committee.

Mergers and Acquisitions

McDonald Hopkins Represents Canadian Public Company in Acquisition of Leading Gallium Producer

McDonald Hopkins represented Neo Material Technologies Inc. (“Neo”), a Canadian corporation listed on the Toronto Stock Exchange, in its acquisition of an 80% interest in Gallium Compounds LLC. Gallium Compounds, based in Quapaw, Oklahoma is a recognized world leader in special, value-added gallium products. Neo is a producer, processor and developer of neodymium-iron-boron magnetic powders, rare earths and zirconium based engineered materials and applications, and other rare metals and their compounds through its Magnequench and Performance Materials divisions.

Mergers and Acquisitions

McDonald Hopkins Represents MCM Capital Partners in Acquisition of Value Added Chemical Manufacturer

McDonald Hopkins represented MCM Capital Partners in its recapitalization of Zinkan Enterprises Inc., a manufacturer and value added distributor of specialty chemicals serving mining, industrial and commercial customers. Founded in 1982, Zinkan, headquartered in Twinsburg, Ohio, is the premier provider of proprietary formulations used in mining, general industrial water treatment and wastewater applications. Zinkan’s current product line includes airborne particulate control chemicals, flocculants, frothers, freeze conditioners, defoamers, pond treatment products, pH control products, cooling tower biocides and descaling chemicals. MCM Capital Partners, founded in 1992, is a private equity firm focused on acquiring niche manufacturers, value added distributors and service companies that generate up to $75 million in annual revenues and have enterprise values of less than $50 million.

Litigation

McDonald Hopkins wins dismissal for Lake Metroparks

McDonald Hopkins wins dismissal for Lake Metroparks. Chief Judge Solomon Oliver of the Northern District of Ohio dismissed Lake Metroparks and other defendants from a federal action seeking indemnification from Lake Metroparks against any liability by the plaintiff to the United States government for the condition of federal wetlands in Lake County, Ohio. Lake Metroparks was represented by Edmund Searby and Ann Hunt.