Sadis & Goldberg advises Proviso Capital in Acquisition of Taylor Studios, Inc.
A team of Sadis attorneys led by Partner Jonathan Bernstein represented Proviso Capital ("Proviso"), in connection with its acquisition of Taylor Studios, Inc., an Illinois based design and fabrication business focusing on large format displays for parks and museums ("Taylor”).
Sadis's deal team consisted of Mr. Bernstein, Paul J. Marino (Partner, Corporate), Seth Lebowitz (Partner, Tax), Mitchell Taras (Partner, Real Estate) and Alexander Raytman (Associate).
"We provided Proviso with our expertise in negotiating and managing transactions and we were proud to help them with their latest acquisition,” said Mr. Bernstein.
“This acquisition will help further Proviso Capital’s strategy of building a global display, exhibit and sign manufacturing company built around innovative design. The design talent and fabrication capabilities at Taylor Studios coupled with the manufacturing capabilities at Merchandising Partners will help further this strategy,” said Reggie Binford, Managing Partner at Proviso Capital. Mr. Binford added “As an independent sponsor, I view my legal team as a key part of the Proviso team. In this transaction Sadis not only provided excellent legal counsel but also acted as a trusted team member throughout the process. I look forward to maintaining a long-term relationship with the firm.”
Sadis & Goldberg maintains a diverse, business-oriented practice focused on corporate, mergers & acquisitions, investment funds, litigation, real estate, regulatory, tax and ERISA. Drawing on the experience and depth of our attorneys in these distinct areas, we can leverage each attorney’s industry specific knowledge to help our clients succeed. This collaborative approach brings to the table a collective insight that contributes to sensible, efficient resolutions, and allows us to remain attentive to the cost and time sensitivities that may be involved.
Proviso Capital was founded in 2014 to invest in strong and sometimes overlooked lower middle market companies in competitive niche industries.