Piper Alderman assists GTH Equipment on complex asset sale

The sale involved the transfer of more than 650 assets

Piper Alderman assists GTH Equipment on complex asset sale

Piper Alderman has helped GTH Equipment and its related entities with the sale of their telehandler and access equipment fleet to Coates.

The complex asset sale transaction also included GTH Equipment’s Smithfield headquarters and its staff base. Under the sale terms, parties needed to coordinate the transfer of over 650 assets, the assignment and novation of GTH Equipment’s customer and supplier contracts, and the transition of property leases and employees.

Partner Sina Kassra headed up the Piper Alderman’s team. Partner Marcus Andrews guided the lease and real property aspects of the deal.

The partners were supported by senior associate Sam Blight; lawyers Samiha Asim, Tom Kaldis and Merna Isaac; and paralegal Kimberly Anthonissen.

 

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