Asset Sale Involving Multiple Automobile Dealerships
We represented the seller in a very large asset sale involving multiple automobile dealerships. The purchaser was a large publicly held company. The transaction involved significant due diligence efforts, complex transfers of assets and financing arrangements, multiple lease and sublease transactions, a complex transition of operations to the purchasing entity including multiple operating contract assignments, all of which took place over many months. Working closely with the client, our tireless efforts over many months resulted in a timely closing to the full satisfaction of the client.