Steven A. Scolari

Stradley Ronon advised Clincierge, a provider of concierge travel and logistics support for patients participating in clinical trials, in its acquisition by Greenphire, an innovator in software solutions for streamlining clinical trials backed by private equity firm Thoma Bravo, one of the largest software investors in the world. The combination will allow the firms to better support patient care by utilizing cutting-edge technologies.

Read more about the transaction.

A cross-practice team of Stradley Ronon lawyers represented Mini Melts USA, a producer and distributor of novelty ice cream products headquartered in the Philadelphia area, in the acquisition of a controlling interest by Altamont Capital Partners. Altamont Capital is a Palo Alto, California-based private investment firm with more than $4 billion in assets under management.

Altamont Capital partnered with Mini Melts to provide growth capital and support an expansion of its distribution footprint and manufacturing capabilities. Mini Melts’ CEO and founder will remain in his role and as a major investor alongside Altamont Capital and the company’s existing shareholders.

For more information on the deal, read this Wall Street Journal article. (Subscription required.)

Stradley Ronon represented Pronto Repairs, Inc. in an acquisition by Tech24, a portfolio company of HCI Equity Partners. Pronto Repairs offers repair, maintenance and installation services for foodservice and commercial HVAC equipment to hospitals and medical centers in the New York City area. Tech24 is a national industry leader in commercial foodservice equipment repair and maintenance. The acquisition allows Tech24 to strengthen its presence both in the New York City metropolitan area and in the healthcare segment.

Represented the ownership group of Burns Mechanical, Inc., a prominent mechanical and engineering services firm in Southeastern Pennsylvania headquartered in Horsham, PA, in connection with the sale of all of its stock to Southland Industries, a privately held mechanical, engineering and plumbing (MEP) services firm located in Grove City, CA.

Stradley Ronon represented Allied Resources Group, a holding company to a host of niche technical companies in Pennsylvania, New Jersey, Indiana and Ohio, providing engineering, technical recruiting, healthcare, industrial inspection and construction management support services in connection with its acquisition of substantially all of the assets of RTR Energy Solutions, providing services relating to designing, building and maintaining power delivery systems in the electric utility and other power delivery sectors, including negotiating and closing amendments to ARG’s credit facilities for such acquisition.

Served as U.S. counsel to Préval AG, an agri-food company that is the leader in veal production in North America headquartered in Quebec, Canada, in connection with its acquisition and financing of substantially all of the assets of J&G Foods, a custom and specialty case-ready fresh meat provider in Sutton, MA.

Stradley Ronon represented the owners of Ascension Publishing, LLC (dba Ascension Press), a nationally known producer and distributor of Catholic-based books, study programs, and audio and other materials, in connection with the sale of substantially all of its assets to the management team at Ascension.

Stradley Ronon represented the owners of Main Line Spine Surgery Center, a state-of-the-art, fully licensed multi-specialty outpatient surgery center in King of Prussia, PA, in connection with the sale of a majority of its equity to a joint venture of Virtua Health and Surgical Care Associates.

Stradley Ronon represented the owners of The TASA Group, Inc., North America’s largest and most experienced expert referral service to the legal profession, in connection with the sale of all of its stock to Futuris Company, a publicly-traded Human Capital Management (HCM) company focused on HCM staffing, consulting and tech services.

Stradley Ronon represented AscellaHealth, a global specialty pharmacy and healthcare solutions company, in connection with its consummation of a strategic alliance with Optime Care, a Specialty Pharmacy (SP) servicing small patient communities, to further enhance AscellaHealth’s ability to become a leader in SP services and establish a strong trajectory for growth, including negotiating and closing on AscellaHealth’s financing for such alliance.

Stradley Ronon represented the ownership group of McClure Company, one of Pennsylvania’s largest mechanical contracting and energy services firms, headquartered in Harrisburg, in connection with the sale of a majority interest in McClure to Sojitz Corporation of America (SCA), which invests in global infrastructure, energy and sustainable businesses. Incorporated in 1953, McClure Company has a long history of delivering fully integrated mechanical construction, engineering, maintenance and energy-efficient services and solutions to its customers.

Stradley Ronon assisted one of the three Westphal family groups in connection with Vertex Inc.’s IPO, which was completed on July 29, 2020, and raised $401 million dollars for the company. As part of the IPO process, Vertex Inc. created a dual-class structure which gives the three Westphal family groups owning a combined 78.5% of the company’s voting power after the IPO, and the existing family groups needed to amend and restate their shareholders’ agreement to take account of such dual-class structure and the realities of being a public company.