(DALLAS) Munsch Hardt Kopf & Harr, P.C. (Munsch Hardt) Shareholder and Board Member A. Michael (“Mike”) Hainsfurther recently led teams of attorneys in three middle-market transactions. The transactions total more than $280 MM.
“We are fortunate to have such a vibrant national economy of which Texas is a leading contributor,” said Hainsfurther. “In the last 30 days alone, Munsch Hardt’s M&A attorneys have worked on deals within the payment processing, health care and energy sectors. We are also involved in numerous other transactions, which are scheduled to be announced later this year.”
Following are details on the three transactions that Munsch Hardt recently closed:
Forte Payment Systems Inc.
Munsch Hardt represented a Firm client in his sale of Forte Payment Systems Inc. (“Forte”), a leading provider of advanced payment solutions, to CSG (NASDAQ: CSGS), one of the world’s largest providers of business support solutions, for approximately $85 MM, which closed on October 1, 2018. The Firm’s deal team was led by Mike Hainsfurther and also included Jeffrey D. Dunn (Finance), Peter C. Lorenzen (Corporate) and Christopher D. Speer (Tax). To read the full press release, click here.
Pediapharm Inc.
Munsch Hardt represented Pediapharm Inc. (“Pediapharm”) (TSXV: PDP, OTCQX: PDDPF), the only Canadian specialty pharmaceutical company dedicated to serving the needs of the pediatric community, in its acquisition of Medac Pharma. Inc. (“Medac Pharma”), a privately held, specialty pharmaceutical company focusing primarily in the area of rheumatology, from medac GmbH, a privately held German pharmaceutical company. The cash and stock acquisition, which totals up to $50 MM, closed on October 16, 2018. Munsch Hardt also negotiated the manufacturing and supply agreement between Medac Pharma and medac GmbH. The Firm’s deal team was led by Mike Hainsfurther and also included Peter Lorenzen, Mark A. Kopidlansky (Corporate) and Christopher Speer. To read the full press release, click here.
Martin Midstream Partners L.P.
Munsch Hardt represented the Conflicts Committee of the Board of Directors of the general partner of Martin Midstream Partners L.P. (“MMLP”) (NASDAQ: MMLP), a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region, in a drop-down transaction of Martin Transport, Inc., a petroleum products trucking company, for $135 MM plus a potential $10 MM earn-out. The agreements were executed on October 22, 2018 and the transaction is expected to close in 2019. The Firm’s deal team was led by Mike Hainsfurther and also included Peter Lorenzen and Christopher Speer.