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August 28, 2017 - News Releases

Robinson+Cole Represents Connecticut Specialty Chemical Supplier in Investment Transaction

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STAMFORD, CT (August 28, 2017) – Lawyers from Robinson+Cole’s Business Transactions Group helped close a substantial long-term investment by LeBaronBrown Industries LLC (LeBaronBrown), headquartered in New York City, New York, in Charkit Chemical Company (Charkit) headquartered in Norwalk, Connecticut.

Charkit's management team, led by its President and Founder Charlie Hinnant, will continue to manage the business. “The team at Robinson+Cole was an integral part of this transaction,” said Mr. Hinnant. “Their M&A experience continues to be a helpful resource as our company grows."

The Robinson+Cole lawyers involved in the deal included Eric M. Kogan and Shant H. Chalian. Mr. Kogan is chair of Robinson+Cole’s Business Transactions Group where he represents clients in a broad range of corporate, strategic, financial, and commercial transactions and providing business counseling for corporate clients as well as for entrepreneurs and executives. Mr. Chalian, a member of Robinson+Cole's Business Transactions Group, works with financial and strategic buyers and sellers on mergers and acquisitions and other corporate transactions, including leveraged buyouts, recapitalizations, spin-offs, and cross-border transactions.

“We are thrilled to be a part of facilitating such an important deal for this Connecticut based business,” said Mr. Kogan. “To ensure the transaction was tax efficient, our group worked diligently on the meaningful structuring issues around the S corporation status. The resulting deal is reflective of that work as well as the collaborative effort with all parties.”

About Robinson+Cole

Robinson+Cole is a service mark of Robinson & Cole LLP, an Am Law 200 firm with more than 200 lawyers in nine offices serving regional, national, and international clients, from start-ups to Fortune 500 companies. For more information, please visit www.rc.com.