Bottom Line Impact


  • Blank Rome Attorney Paper Leads to IRS Revenue Procedure

    September 2016
    William Finestone and Dustin Lauermann
    On August 8, 2016, the Internal Revenue Service adopted the recommendation of Blank Rome LLP Partner William Finestone and Associate Dustin Lauermann, contained in their paper, "Charitable Remainder Trusts and The Probability of Exhaustion Test," when it issued Revenue Procedure 2016-42.
  • Blank Rome Represents rPlanet Earth in $21M NMTC Financing Transaction

    June 14, 2016
    Michael I. Sanders, Ross E. Coe and Dustin Lauermann
    Blank Rome successfully represented rPlanet Earth, a newly formed Los Angeles manufacturing company, in the first of a series of new market tax credit financing transactions (valued at $21M) with Citi Bank as the investor.
  • Blank Rome Represents $40M Historic Rehabilitation Tax Credit Investment for Heinz

    January 15, 2016
    Margaret Anne Hill and Michael Joseph Montalbano
    Blank Rome is pleased to announce the closing of the Heinz Service Building, a $40 million federal historic rehabilitation tax credit-advantaged investment, located in Pittsburgh, PA. The substantial rehabilitation of this historic landmark will be the largest development, thus far, for H.J. Heinz Company’s historic complex, converting the former Heinz Service and Auditorium Building into 151 market-rate, loft-style apartments.
  • Blank Rome Represents Broadview Development Co. in Complex Historic Tax Credit Real Estate Transaction

    January 15, 2016
    Michael I. Sanders
    Blank Rome is pleased to announce that a tax credit team successfully represented Broadview Development Co., LLC, an Ohio-based real estate developer, on the closing of a $30 million complex historic tax credit real estate transaction that will convert a blighted, environmentally-wrecked community located 10 blocks from downtown Canton, OH, into a community development and urban renewal.
  • Levine Leichtman Capital Partners Acquires Hand and Stone Franchise Corp.

    April 10, 2015
    Gary R. Goldenberg, Shaun Snitman, Alexander J. Tablin-Wolf, Patrick A. O'Reilly, Cory G. Jacobs, Nancy Oliphant Ryan, et al.
    Levine Leichtman Capital Partners, a Los Angeles-based private equity firm acquires Hand and Stone Franchise Corp.
  • NewSpring Acquires X5 Solutions

    March 24, 2015
    Alan L. Zeiger, Molly Crane, Shlomo Troodler, Michael Kim, Cory G. Jacobs, David M. Kuchinos, et al.
    Blank Rome represented NewSpring Holdings and two senior executives in the acquisition of X5 Solutions, a Seattle-based telecom solutions provider whose platform will be used to greatly expand NewSpring’s nationwide presence in the telecom sector. The transaction closed on March 24, 2015.
  • York Wallcoverings, Inc., Sold to High Road Capital Partners

    March 9, 2015
    Barry H. Genkin, Arthur Bachman, Lawrence S. Chane, Matthew J. Comisky, Scott F. Cooper, Joseph M. Doloboff, et al.
    Blank Rome represented York Wallcoverings, Inc., the largest wallcoverings company in the world, in its sale to a newly formed High Road Capital Partners controlled entity. The transaction closed on March 9, 2015.
  • Signature Group Holdings Acquires Aluminum Recycler for $525M

    February 27, 2015
    Joseph M. Doloboff, Richard DiStefano, Joseph T. Gulant, Brad L. Shiffman and Jeffrey M. Rosenfeld
    Blank Rome acted as special tax counsel to Signature Group Holdings, Inc. in its acquisition of the Global Recycling and Specification Alloys ("GRSA") business of privately-held Aleris Corporation for $525 million.
  • Orkila Capital Invests in Recognition Media, LLC

    February 13, 2015
    Joseph T. Gulant
    Orkila Capital in its approximately $7 million investment in Recognition Media, LLC.
  • Balford Farms Acquires Assets and Business of The Rosenberger’s Dairy Division

    September 18, 2014
    Henry M. Kuller, Scott F. Cooper, Bradford C. Craig, Francis E. Dehel, Margaret Anne Hill, Cory G. Jacobs, et al.
    Balford Farms in the acquisition of the assets and business of the Rosenberger’s Dairy division, and a portion of the assets and business of the Crowley Foods division, of HP Hood LLC.
  • AccuWeather, Inc. Acquires Sky Motion, Inc. Stock

    October 24, 2013
    Steven Dubow, Michael C. Greenbaum, Joseph T. Gulant and Jonathan R. King
    AccuWeather, Inc. acquires 100% of the stock of Sky Motion, Inc.
  • Australian Listed Property Trust with Two Offerings for A$260M

    June 2011 & October 2011
    Kathleen A. Cunningham, Joseph T. Gulant, Robert J. Mittman, Rustin I. Paul and Peter Schnur
    Blank Rome served as U.S. counsel and provided tax advice in connection with an offering of up to A$120 million for an Australian Listed Property Trust that invests in U.S. residential real estate through a U.S. REIT. A second offering of up to A$140 million.
  • Sunoco Acquires 25 Convenience Stores From Lehigh Gas

    January 2011
    Bruce A. Eisenberg, Matthew J. Comisky and Joseph T. Gulant
    Blank Rome represented Sunoco, Inc. in the acquisition of 25 convenience store sites in the state of New York from Lehigh Gas for the purchase price of nearly $25 million.
  • U.S. Naval Institute Reaches Affinity Agreement with United Services Automobile Association

    May 27, 2010
    Blank Rome advised the U.S. Naval Institute (USNI), a non-profit organization, in successfully negotiating a comprehensive affinity agreement with the United Services Automobile Association (USAA).
  • Akeida Capital Finances California Renewable Energy Facilities

    June 15, 2009
    Erin O'Brien Harkiewicz, Margaret Anne Hill and Thomas R. Westle
    Akeida Capital in a $12.5 million senior secured financing for two biomass power generation facilities located in the San Joaquin Valley in California.
  • AmQuip Crane Rental Expands Its Operations

    December 9, 2008
    Alan L. Zeiger and Pelayo Coll
    AmQuip Crane Rental LLC in its acquisition of the business and assets of Powell Equipment Company, one of Atlanta’s most established crane rental companies. The transaction resulted in the formation of the Powell AmQuip division which will expand operations of AmQuip’s Southeast region.
  • Decades of Growth for an Energy Client

    September 21, 2008
    Bruce A. Eisenberg, Matthew J. Comisky, Pelayo Coll and Daniel J. Ivler
    Leading independent U.S. refiner and marketer of petroleum products in multiple transactions through more than three decades of growth.
  • Goldman Sachs and L&M Development Partners Form $100 Million Urban Opportunity Fund

    May 6, 2008
    Pamela E. Flaherty, Daniel R. Blickman and Pelayo Coll
    L&M Development Partners Inc. in negotiations with the Goldman Sachs Urban Investment Group to form a $100 Million urban opportunity fund serving the U.S. Northeast and California.
  • Jaguar SPAC Merges with China Cablecom

    April 28, 2008
    Joseph T. Gulant and Richard DiStefano
    Jaguar Acquisition Company, a special purpose acquisition company, in its redomestication merger in the British Virgin Islands as China Cablecom Holdings and the concurrent business combination merger with China Cablecom Ltd.
  • Omega Financial Acquired by F.N.B. for $393 Million

    April 1, 2008
    Melissa Palat Murawsky, Francis E. Dehel, Arthur Bachman and Cory G. Jacobs
    Omega Financial Corp. in its acquisition by F.N.B. Corp. for $393 million.
  • NCO Group to Acquire Outsourcing Solutions for $325 Million

    February 29, 2008
    Francis E. Dehel, Melissa Palat Murawsky, Margaret Anne Hill, Arthur Bachman, Cory G. Jacobs, Daniel J. Ivler, et al.
    NCO Group, Inc., in its definitive agreement to acquire Outsourcing Solutions Inc., for $325 million.
  • Reuters Group PLC Acquires StarMine Corporation

    February 26, 2008
    Pamela E. Flaherty and Joseph T. Gulant
    Reuters Group PLC in its acquisition of StarMine Corporation, the San-Francisco-based provider of analytics.
  • Farm & Home Oil Company Acquired by Buckeye Partners for $145.5 Million

    February 8, 2008
    Gary R. Goldenberg, Kipp B. Cohen, Cory G. Jacobs, Samuel H. Becker, Margaret Anne Hill, Daniel J. Ivler, et al.
    Farm & Home Oil Company, in its acquisition by Buckeye Partners, L.P., for $145.5 million.
  • SunGard Acquires Financial Technology Integrators

    December 21, 2007
    Kipp B. Cohen
    SunGard in its acquisition of Financial Technology Integrators, LLC.
  • Providence Service Corporation Acquires LogistiCare for $220 Million

    December 7, 2007
    Steven Dubow, Elise M. Adams, Brad L. Shiffman, Harvey I. Forman, Scott R. Smith, Shlomo Troodler, et al.
    Providence Service Corporation in its acquisition of LogistiCare for $220 million.
  • East Penn Financial Acquired by Harleysville National for $85 Million

    November 16, 2007
    Joseph T. Gulant and Cory G. Jacobs
    East Penn Financial Corporation in its acquisition by Harleysville National Corporation for $85 million.
  • Micro Network Producer of

    October 19, 2007
    David M. Perry, Louis M. Rappaport and Cory G. Jacobs
    Barely Political LLC in the formation, intellectual property agreements, and sale to Next New Networks.
  • Dynamic Imaging Acquired by GE Healthcare

    October 11, 2007
    Barry H. Genkin, Louis M. Rappaport and Cory G. Jacobs
    Dynamic Imaging LLC, in its acquisition by GE Healthcare.
  • Lincoln National Corporation Closes Deal Worth $375 Million

    October 9, 2007
    Alan H. Lieblich, Melissa Palat Murawsky, Ethan M. Seer, Joseph T. Gulant, Cory G. Jacobs, Yelena M. Barychev, et al.
    Lincoln National Corporation in a securities offering of senior notes worth $375 million.
  • Lincoln National Corporation Closes Deal Worth $300 Million

    August 27, 2007
    Richard J. McMahon, Alan H. Lieblich, Ethan M. Seer, Joseph T. Gulant, Yelena M. Barychev and Joshua L. Strober
    Lincoln Financial Corporation in the securities offering of senior notes worth $300 million.
  • ZS Fund Portfolio Company, Smith-Cooper, Closes Add-On Acquisition

    June 29, 2007
    Gary R. Goldenberg, Louis M. Rappaport, Mathew S. Rotenberg, Cory G. Jacobs, Kevin M. O'Malley and Margaret Anne Hill
    ZS Fund LP portfolio company Smith Cooper International L.L.C. in its recent purchase of substantially all of the assets of Sharon Piping & Equipment Inc.
  • Blank Rome Wins PECO a $55 Million Tax Refund

    June 26, 2007
    William H. Roberts
    This case involved the interplay between the Electric Competition Act and the Tax Reform Code.
  • Walgreen Acquires Take Care Health Systems

    May 22, 2007
    Gary R. Goldenberg, Linsey B. Bozzelli and Cory G. Jacobs
    Take Care Health Systems, in its acquisition by Walgreen Co. of 51 healthcare clinics in the U.S.
  • PetroSteel Sold to Edgen Murray

    May 11, 2007
    Lawrence F. Flick II, Cory G. Jacobs and Kevin M. O'Malley
    PetroSteel International L.P. in the sale of assets to Edgen Murray LP II for $50 million.
  • Liberty Partners Enters into Definitive Merger Agreement with Concorde

    June 21, 2006
    Arthur Bachman, Linsey B. Bozzelli and Heather Sonnenberg
    Liberty Partners in its acquisition of Concorde Career Colleges, Inc., for approximately $115 million.
  • $150 Million Private Equity Investment in Project Management Software Client

    April 25, 2006
    Samuel H. Becker, Timothy A. French, Alan H. Lieblich and Louis M. Rappaport
    Private equity funds team up to buy a majority stake in Primavera Systems, Inc.
  • $77 Million Equity Financing

    March 6, 2006
    Gary R. Goldenberg, Cory G. Jacobs and Linsey B. Bozzelli
    Largest capital raise in the retail healthcare industry.
  • $1.7 Billion Office REIT Acquisition

    September 27, 2005
    Arthur Bachman, Joseph T. Gulant, Daniel J. Ivler and Martin Luskin
    Fund obtains 137 office buildings throughout U.S.