Daniel L. Schiau II

Mergers & Acquisitions; Investments

• Advised Kid Works Creative Learning Centers in the sale of the business to a large national operator of childcare centers, including the sale of four associated real-estate properties to a different third-party buyer, boosting transaction value for our client
• Represented a 50% shareholder group in exiting their family-owned business in the waterworks and municipal products spaces via (i) a carve-out sale of certain business lines to a specialized distributor of water, drainage, and fire protection products, and (ii) the subsequent sale of their equity in the remaining business lines to their other shareholders
• Represented a private equity sponsor and its co-investors in their divestiture of a platform company specializing in environmental consulting services to an ESOP-owned national independent vegetation management consulting firm
• Represented a foreign-owned design builder contractor in its acquisition of a U.S.-based architecture firm focused on serving the automotive market
• Represented the shareholders of a national distributor and fabricator of windows and other home improvement products in their sale of the business to large, privately held conglomerate; the combination resulted in the creation of the largest privately-held home improvement contractor in the U.S. as of the time of closing
• Represented a privately held U.S. transportation and logistics company in the divestiture of its container yard business to a national integrated intermodal services provider
• Represented a leading air purification consumer product manufacturer and distributor in the sale of its business to a leading home environment products company
• Represented a privately held U.S. transportation and logistics company in its acquisition of substantially all of the assets of a family-owned intermodal specialist with operations based primarily in the southeastern region of the United States
• Represented the management group shareholder of a large, privately held family business specializing in manufacturing solutions in the company’s buy-out of a minority shareholder
• Represented a 50% owner of a national energy brokerage in his purchase of a majority stake in the company from his partner
• Represented a leading distributor of tooling and industrial products in the sale of the business to a Fortune 50 company
• Represented Pete & Pete Container Service, Inc., a provider of waste management containers for commercial and residential use, in its acquisition of all of the assets of Boyas Excavating, Inc., an aggregate mining company and landfill operator
• Represented Luminance Holdco, Inc., a designer and distributor of lighting products and a portfolio company of Resilience Capital Partners, in its acquisition of the Emerson Air Comfort Products ceiling fan business of Emerson Electric Co.
• Represented LKD Aerospace, LLC, a global distributor, manufacturer, and MRO of aerospace components and a portfolio company of Resilience Capital Partners, in its $25.8 million sale of Systron Donner Inertial, Inc., a world-leading manufacturer of quartz MEMS navigation products, to EMCORE Corporation, a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today’s leading-edge defense systems
• Represented a regional provider of emergency response, remediation, and environmental services in its sale to a national provider of environmental and emergency response services, wholly owned by a San Francisco-based private equity firm
• Represented the owners of a designer and manufacturer of engineered fall protection systems in the sale of a majority of their equity to a Chicago-based private equity group
• Represented a large non-profit organization in the divestiture of its childcare facilities

Financial Services

• Acted as placement agent counsel in multiple offerings of “Tier 2” subordinated debt
• Represented a national bank as purchaser of two bank branches, related loans, and additional loans and participations
• Represented a national bank and its holding company in the acquisition of another national bank and its holding company through a merger using a combination of cash and publicly registered stock
• Assisted in the sale of a national bank to a state-chartered bank

ESOPs/Employee-Ownership

• Represented an institutional ESOP trustee in its sale of a majority of its interests in a national distributor of material handling and system solutions for a broad range of industries, including manufacturing, distribution, construction, food, electronics, and automobiles, to a Manhattan-based private equity firm
• Represented a newly formed worker-cooperative in its acquisition of a Cleveland-based coffee business and the cooperative’s affiliate employee ownership fund in its financing of the acquisition, which involved both senior and junior debt as well as the cooperative’s issuance of preferred shares
• Represented an existing worker cooperative in its acquisition of a local foam insulation business and the cooperative’s affiliate employee ownership fund in its financing of the acquisition, which involved both senior debt as well as the cooperative’s issuance of preferred shares
• Represented a special committee of the board of directors of a newly formed cooperative in the negotiation of various lending, subscription, and organizational documents related to the organization of the cooperative and the financing of the cooperative’s acquisition of a local provider of insulation and weatherization services
• Represented an institutional ESOP trustee in the ESOP Trust’s acquisition of 30% of the equity interests of a Cincinnati-based IT support and cybersecurity provider
• Represented an institutional ESOP trustee in the ESOP Trust’s acquisition of 100% of the equity interests of a national provider of enterprise data management solutions
• Represented an individual ESOP trustee in the ESOP Trust’s acquisition of 100% of the equity interests of a Midwestern provider of architectural planning, design, and engineering services

Real Estate Finance

• Represented Flagstar Bank as the sole lender on multiple credit facilities for a national developer and operator of self-storage facilities, both with and without construction components
• Represented TriState Capital Bank as the sole lender on a $10.25 million credit facility for the refinancing of the Tyler Village complex in Cleveland, Ohio
• Advised KeyBank Real Estate Capital on the documentation and closing of a $95 million senior mortgage-secured revolving credit facility, initially secured by five office properties located in Texas and including an accordion feature permitting expansion of the facility up to $150 million