Foley, Inc.’s Acquisition of Giles & Ransome, Inc.


Lowenstein Sandler advised Foley, Inc. on the deal

Foley, Inc. of Piscataway, NJ, acquired substantially all of the assets of Giles & Ransome, Inc., headquartered in Bensalem, PA.

This transaction was the result of a mutual agreement between both dealerships and Caterpillar.

Foley, Inc. operates as a Caterpillar tractor dealership company. The company, led by Jamie Foley, Ryan Foley, Susan Connolly, Mike Held and Ed Gudaitis, offers work tool attachments, earthmoving equipment, emissions retrofit solutions, parts and services, training services, equipment rental services, aerial equipment, air equipment, compaction equipment, concrete equipment, forest/landscaping equipment, material handling equipment, misc equipment, power generation equipment, pump equipment, roadwork equipment, and trucks.

As a result of the acquisition, Foley CAT’s territory expands from northern New Jersey to the Delaware Valley, southern New Jersey and northern Delaware. Foley will continue to operate out of its headquarters in Piscataway, N.J., and will now also operate out of Bensalem, Pa., (Ransome CAT’s former headquarters); Whitehall, Pa.; Bear, Del.; and Hammonton, N.J.

Lowenstein advised Foley with Nicholas San Filippo IV (Picture), John L. Berger, Nick Samedi, Matthew A. Nemeth, Norman W. Spindel, Daniel A. Suckerman, Sami Najib, Stuart S. Yusem, Kimberly E. Lomot, Andrew E. Graw, Nicholas G. Mehler, Christine Osvald-Mruz, Jeffrey M. Shapiro, Eric Jesse, Megan Monson, Kristin Taylor, and Min Xue.

Involved fees earner: Nicholas San Filippo IV – Lowenstein Sandler LLP; Nick Samedi – Lowenstein Sandler LLP; Matthew Nemeth – Lowenstein Sandler LLP; Sami Najib – Lowenstein Sandler LLP; Jeffrey Shapiro – Lowenstein Sandler LLP; John Berger – Lowenstein Sandler LLP; Kristin Taylor – Lowenstein Sandler LLP; Min Xue – Lowenstein Sandler LLP; Norman Spindel – Lowenstein Sandler LLP; Daniel Suckerman – Lowenstein Sandler LLP; Stuart Yusem – Lowenstein Sandler LLP; Kimberly Lomot – Lowenstein Sandler LLP; Nicholas Mehler – Lowenstein Sandler LLP; Andrew Graw – Lowenstein Sandler LLP; Christine Osvald-Mruz – Lowenstein Sandler LLP; Megan Monson – Lowenstein Sandler LLP; Eric Jesse – Lowenstein Sandler LLP;

Law Firms: Lowenstein Sandler LLP;

Clients: Foley, Inc.;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti