Merger and Acquisition Considerations for Staffing Companies

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Highlights

The program will review and discuss the most important factors for buyers and potential sellers to consider when considering an acquisition of a staffing company. Attorneys Brian Nugent and Melissa Cizmorris of Akerman LLP will discuss pre-sale diligence and ways to present a company for sale; pros and cons of various structures for acquisitions; risks and benefits of each structure; operational considerations; and the stages of the acquisition—from letter of intent, to due diligence, to the terms of the purchase agreement—plus post-closing considerations.

During this webinar, attendees will learn

• What factors sellers should consider when weighing whether and when to sell and buyers should consider in evaluating potential sellers
• How the acquisition process works and what to expect
• What risks both buyers and sellers face in an acquisition

Presenters:

Brian Nugent

partner, Akerman LLP
Nugent represents employers throughout the U.S. in labor and employment matters, as well as corporate formation, contracts, unemployment taxation, and mergers and acquisitions. His focus is advising human capital and human resource outsourcing companies, such as temporary staffing companies and professional employer organizations, that frequently retain him to assist with all of their legal and regulatory needs, including forming the legal entities, licensing in more than 40 states, client service agreements, employee handbooks, workers’ compensation insurance, benefits, and general employment matters. He is also frequently retained to represent buyers and sellers in transactions in the staffing and PEO industries, and he has led more than 30 transactions in the past three years. He was formerly the chief legal officer for two large, national companies operating in the employment services sector, and his experience provides him with an invaluable understanding of the legal issues faced by employers as well as their preferred options for resolution.

Melissa Cizmorris

partner, Akerman LLP

Cizmorris focuses her practice on employment litigation and counseling. Cizmorris has litigated in state and federal courts throughout Colorado, Kansas, New York, and New Jersey and represents employers in a variety of labor and employment matters involving Title VII discrimination and harassment claims, Fair Labor Standards Act and other wage actions, claims brought under the Americans With Disabilities Act and Family and Medical Leave Act, and noncompete agreement and trade secret enforcement. Cizmorris also advises human capital and human resource outsourcing companies, such as staffing firms and professional employer organizations. Cizmorris provides a broad range of pre-litigation support to clients, including conducting audits and investigations and drafting handbooks, policies, and agreements. She also assists in interpreting and applying policies, navigating compliance issues, and fairly and effectively handling employee discipline and termination.

This webinar qualifies for 1.0 hour of CE toward maintaining your ASA credential.