Sound Counsel: Cohen & Grigsby Helps Client with Significant Acquisition
On July 29, 2014 Cohen & Grigsby’s client, Matthews International Corporation, acquired Schawk, Inc. at a cash deal valued at approximately $545,000,000. Schawk is a leading global brand development, activation and brand deployment company with reported sales of $443 million for 2013 and approximately 3,600 employees in more than 20 countries. The acquisition doubles the size of Matthews’ Brand Solutions business, which will have combined 2013 revenues of $1.4 billion and more than 9,500 employees in more than 25 countries. Our experienced Cohen & Grigsby deal team handled the transaction, including the SEC registration process, financing and tax issues.