Berlandi Nussbaum & Reitzas LLP congratulates its client – EasyBraid Co. on their asset sale to Desco Industries, Inc.
NEW YORK – Berlandi Nussbaum & Reitzas LLP congratulates its client – Minnesota based EasyBraid Co. on their recent asset sale to Desco Industries, Inc. of Chino, California. Established in 1989, EasyBraid Co. has achieved widespread recognition as a provider and manufacturer of supplies and equipment used in the PCB assembly industry. Desco Industries, Inc., which was originally incorporated in 1956 as Delta Electrical Specialty Company, now consists of a variety of brands such as Desco, CMG, Desco Asia, EMIT, Menda, Protektive Pak, Smart Clock, Statguard Flooring, Special Team, ESD Systems, Charleswater, and Vermason.
BNR partners Brian L. Berlandi and Joshua T. Reitzas represented EasyBraid Co. in the transaction. “Nothing is more gratifying than helping a client achieve its desired goal in a transaction,” stated Berlandi. “In this instance, success was achieved in large part by having two sophisticated parties who had cultivated a strong business relationship for over three decades. Both parties knew the benefits and remained active, alongside each other, to ensure the transaction closed successfully.”
The transaction involved the sale of all tangible and intangible assets of EasyBraid Co., as well as the implementation of ancillary arrangements between the principals. “As with most transactions of this nature, this deal had many moving parts and pieces,” stated Reitzas, “ultimately, however, we were able to put the puzzle together in a manner that was beneficial to all parties involved.”
About Berlandi Nussbaum & Reitzas LLP: BNR is a full-service law firm specializing primarily in corporate transactions, real estate and litigation. BNR has offices in New York City, White Plains and Pawling, and its attorneys are licensed to practice in New York, New Jersey, Connecticut, Massachusetts and Pennsylvania. For more information, visit BNR’s website at www.bnrllp.com.