LYNNE BOLDUC CLOSES TWO ACQUISITIONS OF $20+ MILLION IN ONE WEEK

June 26, 2023

Lynne Bolduc, Partner of FitzGerald Kreditor Bolduc Risbrough LLP, closed two acquisitions in one week, totaling over $20 million.

One transaction was a stock sale of a California-based commercial services company for $12 million to a nationwide venture-fund backed acquiror.  This transaction began in December 2022.  Interesting to this transaction is that the selling shareholders used some of the proceeds of the sale to invest in the acquiring company.

The other transaction was an asset sale of a well-known California based scooter company of one of their divisions to a customer.  The assets were valued at over $8 million.  This transaction began in February 2023.  Interesting to this transaction is that the seller sold the assets in exchange for stock of the buyer.

Therefore, we are seeing a trend of sellers investing in their acquirors.

Experienced Transactional Attorney in California

Lynne Bolduc, Partner at FitzGerald Kreditor Bolduc Risbrough LLP, has nearly 30 years of experience as a corporate and securities attorney.  Ms. Bolduc not only represents public companies but also private companies and ventures that are seeking financing in a private or public offering or pursuing transactions, such as a sale, merger, or acquisition.

Need Assistance with a Merger, Sale, Acquisition, Public or Private Offering or Other Transaction?

Startups, entrepreneurs, and businesses considering a private or public offering or other transaction should contact Lynne Bolduc at (949) 788-8900 or by email to LBolduc@FKBRLegal.com to schedule a confidential consultation to evaluate their options.