What we say about the firm's legal practice in United States
Mergers, acquisitions and buyouts
Within M&A: middle-market (sub-$500m), Blank Rome LLP is a second tier firm,
Blank Rome LLP’s M&A attorneys are extremely active in the purchase, sale, and combination of a variety of business entities, both publicly and privately owned. The practice represented Sunoco in the $25m acquisition of 25 convenience store sites in the state of New York from Lehigh Gas, and advised StoneMor Partners, the second largest publicly traded cemetery company in the US, in a $1.9m acquisition of Forest Lawn Gardens, which owns and operates Forest Lawn Cemetery in McMurray, Pennsylvania. It also assisted a footwear and apparel manufacturer in a transaction involving the purchase of a leading brand of apparel and home goods for men, women, and children, the purchase price comprising $40m in cash, over four million shares of restricted stock, and an assumption of approximately $11m in debt. Other representative matters included advising a joint venture in connection with the merger of a publicly traded real estate investment trust, the plus-$1bn deal involving more than 35 shopping centers in several states. The team also assisted an independent oil refiner and marketer in the $181m acquisition of 112 convenience stores/service stations and approximately 230 supply sites in Delaware, Maryland, Virginia and the District of Columbia from the third largest integrated oil and gas company in the US. Overall, the firm has helped the oil refiner close the acquisition of 469 service station sites in 11 states, and 701 supply sites in 19 states. A publicly traded owner and operator of cemeteries was represented in the approximately $12.9m acquisition of 21 cemeteries and six funeral homes from a funeral services company, and a financial services software and technology provider was assisted in the acquisition of a provider of economic capital management software. Philadelphia-based partner Alan Zeiger acted for a late-stage venture-capital fund in connection with its investment in a health information technology company. Also in Philadelphia, the ‘deeply experienced’ Barry Genkin heads the business department.