Organization:
A global engineering and manufacturing company of specialized materials
Background:
While selling a product line and its corresponding manufacturing facility, the client faced two challenges: a large volume of work for a lean legal office combined with a mandate to lower spending on outside counsel. Fortunately for the client, the in-house team was familiar with Womble Bond Dickinson and quickly enlisted the help of GCSolutions.
Solution:
Before the bulk of the transaction work began, GCSolutions created a virtual data room using our HighQ system so the client could better organize and track the flood of documents associated with the deal. One of our GCSolutions attorneys assisted the client’s business team with contract reviews and information request responses, while one of our M&A Partners advised on the letter of intent. Later, one of our GCSolutions attorneys – a lawyer with more than 20 years of legal experience – and our M&A Partner negotiated the purchase agreement.
Most notably, GCSolutions was able to provide all of this support below the client’s budget cap.