in the news
O’Melveny’s Representation of MakerBot in Acquisition by Stratasys Noted in Law3608月 15, 2013 The second edition of Law360’s “Middle-Market Spotlight” series, which reports on recent middle-market transactions, highlighted Stratasys Ltd.'s acquisition of MakerBot, and noted O’Melveny & Myers’ representation of the acquired on the deal. According to the article, published August 14, 2013, the US$200 million deal will allow an exceptional level of autonomy for MakerBot management. O’Melveny partner Steven Tonsfeldt, who led the O’Melveny team, was quoted regarding this aspect of the agreement. “It provides the seller with a remarkable amount of control over the business post-closing, which you don't normally see during earnout periods,” he said in the article. The piece also notes partner David Schultz’ involvement in the transaction.
Tonsfeldt is Chair of O’Melveny’s Mergers and Acquisitions Practice, and resides in the Firm’s Silicon Valley office. Schultz, also a member of the Mergers and Acquisitions Practice, resides in the Firm’s New York office.