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Tuesday, November 5, 2024

Troutman Pepper Advises Innovator Alum-a-Lift in Sale to Piab Group

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Troutman Pepper client Alum-a-Lift, a creator, manufacturer, and world-leading provider of advanced technology consisting of innovative ergonomic lifting equipment, headquartered in Winston, Georgia, has been acquired by Piab Group, a global leader in industrial automation. 

Founded in 1989, Alum-a-Lift develops and produces innovative ergonomic lifting equipment for use in a wide range of industries, including semiconductors, aerospace, and logistics. Alum-a-Lift’s solutions help manufacturers meet their material handling needs safely and efficiently, from single custom units to multiple devices to entire lifting systems.

The Troutman Pepper team advising Alum-a-Lift was led by Tom Dwyer and included Dan Sieck, Sam Griffith, Michael Seymour, and Danielle Clifford (corporate); Dan Anziska and Amanda Sterling (regulatory/export control); Stefanie Brennan (real estate); Mike Crumbock (benefits); Tom Phelan, Randy Varner, and Raina Bora (tax); and David Wormser and Emily Newcomer (IP).

Troutman Pepper’s Emerging Companies + Venture Capital practice often advises innovative technology companies like Alum-a-Lift through every stage of their life cycle — from formation through seed, Series A, and their eventual merger, acquisition, or IPO exit. The firm’s corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include private equity, strategic exits, and capital markets transactions as well as other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance.

Original source can be found here.

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