Singer Equipment Company, Inc.’s Acquisition of the Business of Earnest Ventures, Incorporated

Blank Rome represents Singer Equipment Company, Inc. on the deal

Singer Equipment has acquired the business of Earnest Ventures, Incorporated (EVI).

EVI is one of the largest contract equipment dealership in the greater Baltimore – DC market, and they have a longstanding reputation for quality and service. Tom and Dana Lawson, the founders and leaders of EVI, will continue to run the division for the company, reporting to Fred Singer.

This acquisition gives Singer increased resources and local presence in the growing Maryland, Washington DC, and Virginia markets. EVI has approximately 40 employees in the region, including many knowledgeable account and project managers. It allows us to be even more responsive to our customer’s needs in this market.

EVI also has a strong reputation with national restaurant chains and we look forward to growing our presence in this important customer segment.

The Blank Rome team was led by Kipp B. Cohen (Picture), Brock Wittmeyer, Mat Rotenberg, Adam Sansweet, Cory Jacobs. The transaction closed on January 3, 2019 and the terms were not disclosed.

Involved fees earner: Kipp Cohen – Blank Rome LLP; Cory Jacobs – Blank Rome LLP; Mathew Rotenberg – Blank Rome LLP; Adam Sansweet – Blank Rome LLP; Brock Wittmeyer – Blank Rome LLP;

Law Firms: Blank Rome LLP;

Clients: Singer Equipment Company, Inc.;

Author: Ambrogio Visconti