News: Press Release
Offit Kurman Represents Mono-Systems, Inc. In Sale
New York, NY | January 12, 2021
On December 31, 2020, Niedax GmbH & Co., of Linz/Rhein, Germany, acquired the business and assets of Mono-Systems, Inc., Buffalo, N.Y. Offit Kurman attorneys Stuart Newman and Umar Sheikh represented the seller in this transaction. For the buyer, a global company based in Germany, this was a strategic acquisition. Both companies manufacture and distribute cable trays, raceways and cable management systems for electric power and data installation by electrical engineers and contractors.
ABOUT STUART NEWMAN
Stuart B. Newman has been engaged in corporate and securities practice for over forty years, focusing on corporate law, private equity transactions, mergers and acquisitions, and capital formation through public offerings and private placements.
Stuart studies his clients’ businesses thoroughly and has made valuable contributions on a broad range of business topics such as joint ventures, product development, finance, investment banking, marketing, and personnel. He has served as a director on the boards of both publicly-traded and privately held companies, contributing his unique combination of business acumen and broad legal experience.
ABOUT UMAR SHEIKH
Umar A. Sheikh is an attorney with over fifteen years of practical experience, having received his JD from Brooklyn Law School in 2000. Umar’s practice concentrates on all aspects of real estate law – purchases, sales, financing, development, leasing, evictions, foreclosures, management – and those areas of law that are related to real estate – corporate, tax, asset protection, estate planning, and litigation. Umar regularly represents parties in the purchase, sale and financing of multifamily, mixed-use, commercial and retail properties. He also represents borrowers in CMBS transactions, hard money lenders, and “fix and flip” investors.
ABOUT OFFIT KURMAN
Offit Kurman, a full-service AmLaw 200 law firm with offices throughout the East Coast and in Southern California, serves dynamic businesses, individuals and families. Founded in 1987, the firm’s 280+ attorneys counsel clients across more than 30 areas of practice. Offit Kurman helps maximize and protect business value and personal wealth by providing innovative and entrepreneurial counsel that focuses on clients’ business objectives, interests and goals. The firm is distinguished by the quality, breadth and global reach of its legal services and a unique operational structure that encourages a culture of collaboration.