Richard E. Peterson
Partner
Experience
Stradley Ronon Represents 1st Colonial Bancorp in Acquisition by Mid Penn Bancorp
Stradley Ronon advised 1st Colonial Bancorp Inc., the parent company of Mount Laurel, New Jersey-based 1st Colonial Community Bank, in a merger agreement with Harrisburg, Pennsylvania-based Mid Penn Bancorp Inc. in which Mid Penn acquired 1st Colonial in a cash and stock transaction valued at approximately $106.1 million. In connection with the holding company merger, 1st Colonial Community Bank was merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank.
The transaction, which was completed on February 27, further expands Mid Penn’s presence in the Greater Philadelphia area and southern New Jersey.
Christopher S. Connell, Katrina L. Berishaj, Avery Marz, Richard E. Peterson, Philip J. Foret, Adriel J. Garcia and Matthew E. SadofskyStradley Ronon Advises Covetrus in Connection with Definitive Agreement for Chewy’s Acquisition of SmartEquine Business
Stradley Ronon represented Covetrus, a Portland, Maine-based global animal-health technology and services company, with respect to its agreement for Chewy Inc. to acquire its subsidiary SmartPak Equine LLC (SmartEquine). The transaction, announced October 30, is expected to close by year-end subject to customary closing conditions.
SmartEquine is a leading U.S. direct-to-consumer provider of equine nutraceutical supplements. The deal will allow for Covetrus to focus on its core business of delivering technology-enabled solutions that help streamline and strengthen veterinary practices.
Lori S. Smith, Joshua G. Galante, Jeremy M. Miller, Katrina L. Berishaj, Peter Bogdasarian, David P. Fitzgibbon, Dean V. Krishna, Avery Marz, Richard E. Peterson, Kate Pfingsten, Melanie L. Ronen and Megan E. StammStradley Ronon Advises Silvi Materials in Acquisition of Eagle Rock Concrete
Stradley Ronon represented Pennsylvania-based Silvi Materials, a vertically integrated leader in construction materials, in its acquisition of Eagle Rock Concrete, a premier ready-mix concrete producer based in North Carolina. The transaction closed September 2.
The combined company will operate as Eagle Rock Concrete, a Silvi Materials Company. This acquisition represents Silvi’s expansion into the Southeast U.S. construction market, bringing nine high-production ready-mix plants in the Raleigh-Durham area.
Christopher S. Connell, Melanie L. Ronen, Andrew S. Levine, Jeremy M. Miller, Alycia M. Vivona, Richard E. Peterson, Katrina L. Berishaj and Avery Marz
Stradley Ronon Represents Allied Resources Group in Acquisition of Verigent
Stradley Ronon represented Allied Resources Group (ARG) in its acquisition of Verigent, a North Carolina-based staffing firm specializing in telecom and IT network infrastructure. The transaction closed July 31; the value was undisclosed.
ARG is a multidisciplinary provider of engineering, staffing, inspection and field services focused on delivering reliable solutions to critical infrastructure clients nationwide. The acquisition will expand ARG’s workforce solutions platform and strengthen its presence in fast-growing technical markets across the United States, including the data center infrastructure sector.
Steven A. Scolari, Richard E. Peterson, Jason R. Jones, Avery Marz, Katrina L. Berishaj and Jan M. Folena
Stradley Ronon Represents Maple Donuts in Acquisition by Swander Pace Capital
Stradley Ronon represented Maple Donuts, a Pennsylvania-based manufacturer of frozen bakery products, in its acquisition by Swander Pace Capital, a private equity firm focused on investing across the food and beverage industry. The transaction closed on May 30, 2025; the value was undisclosed.
The acquisition will allow Maple Donuts to further expand product offerings and enhance production capabilities.
The Stradley Ronon team was led by Tom Ix and Steve Scolari, with John Hook, Megan Stamm, Rich Peterson, Jon Bloom, Chris Rosenbleeth and Andrew Barron.
For more information, visit Swander Pace Capital’s website.
Thomas O. Ix, Steven A. Scolari, John C. Hook, Megan E. Stamm, Richard E. Peterson, Jonathan F. Bloom, Christopher W. Rosenbleeth and Andrew J. Barron
Stradley Ronon Advises Fora Travel in $60 Million Series B and C Funding Rounds
Stradley Ronon represented Fora Travel, a digital platform that powers the next generation of travel entrepreneurs, in $60 million Series B and C funding rounds. This new capital supports Fora’s mission to modernize the travel industry by utilizing advanced technology and empowering travel advisers to share their expertise. Series B was led by Insight Partners and Series C by Thrive Capital, with previous supporters Forerunner and Heartcore Capital returning.
One of Fast Company’s Most Innovative Companies of 2025, Fora reimagines the travel agency by enabling experienced travelers to serve as travel advisers who book trips and plan itineraries for clients. For more information, visit Fora Travel’s website.
Lori S. Smith, Joshua G. Galante, Jeremy M. Miller, Randy M. Friedberg, Dean V. Krishna and Richard E. Peterson
Stradley Ronon Advises Rhodium in Acquisition of 3 Beauty and Wellness Companies
Our firm has represented Rhodium in its acquisition of three health, beauty and wellness companies: SiO Beauty, Rootine and Solomomo. Rhodium, a startup backed by Relevance Ventures and Loeb.nyc, is a data and machine learning platform for the wellness industry. The deal will expand Rhodium’s suite of offerings for med-spas.
Lori S. Smith, Joshua G. Galante, Peter C. Brockmeyer, Randy M. Friedberg, Richard E. Peterson, Philip J. Foret, Dean V. Krishna and Jeremy M. Miller
Stradley Ronon Represented TradePMR in Acquisition by Robinhood
Stradley Ronon represented TradePMR, a custodial and portfolio management platform for Registered Investment Advisors (RIAs), in an approximately $300 million acquisition by Robinhood Markets, Inc., which closed on February 26, 2025. TradePMR has over 25 years in the industry, and the acquisition will accelerate Robinhood’s delivery of investment advisory capabilities to customers by bringing in a scaled RIA custodial platform with approximately 350 firms and more than $40B in assets under administration.
Christopher S. Connell, Dean V. Krishna, Alycia M. Vivona, Melanie L. Ronen, Katrina L. Berishaj, Jason R. Jones, Megan E. Stamm, Linsay Sobers, Richard E. Peterson and Kate PfingstenStradley Ronon Advises Franklin Templeton on its Third Digital Asset ETP Launch in the Past Year
Stradley Ronon represents Franklin Templeton in expanding its digital asset ETP suite, providing counsel on the formation, registration, listing and launch of the Franklin Crypto Index ETF.
The Stradley team is led by partners Steve Feinour and Miranda Sturgis, and includes partner Kenneth Greenberg and associates Wesley Davis, Rachel Charamella, Sam Kishiyama and Jeremy Gottlieb. The tax team includes partners Dean Krishna and Rich Peterson.
J. Stephen Feinour Jr., Miranda L. Sturgis, Kenneth L. Greenberg, Wesley Davis, Rachel Charamella, Samuel Kishiyama, Dean V. Krishna and Richard E. Peterson
