SADIS & GOLDBERG ADVISES POINT PICKUP TECHNOLOGIES, INC. IN MERGER WITH PICKUP NOW, INC.

Sadis & Goldberg LLP, led by Partners Jonathan Bernstein and Robert Cromwell, represented Point Pickup Technologies Inc. (“Point Pickup”), a portfolio company of BBH Capital Partners (“BBH”), in its merger with Pickup Now, Inc. (“Pickup Now”). Sadis concurrently handled a pre-closing reorganization and an offering of secured convertible promissory notes for Point Pickup. 

The Sadis deal team consisted of Mr. Bernstein and Mr. Cromwell, Paul J. Marino (Partner, Head of Corporate M&A), Seth Lebowitz (Partner, Tax), and Samantha Romano (Associate).

“We were pleased to assist Point Pickup in negotiating and navigating all transactions simultaneously and look forward to supporting Point Pickup post-merger,” said Mr. Bernstein.

“Our deal team, led by Jonathan Bernstein and Robert Cromwell, artfully handled a variety of multifaceted issues in connection with a merger transaction. They also harmonized all of the external demands one expects when dealing with complex issues and sophisticated clients like Don Hardie and Jin Kim of BBH,” said Mr. Marino; “I couldn’t be more pleased by the outcome for our client and the effort by the entire Sadis team.”

“The merger of the two companies puts our combined organization at the forefront of the future of last mile delivery and offers a comprehensive solution for customers across many verticals,” said Dauvin Peterson, President and Chief Analytics Officer at Point Pickup. Mr Peterson added, “The team at Sadis afforded both companies the ability to work towards a complex transaction closing, continue operating normally as well as planning integration strategy.”

Point Pickup is a leading enterprise-focused same-day delivery service provider for top retailers nationwide, while incorporating what had been Pickup Now’s specialty in simplifying delivery logistics, especially for bulkier retail items.

BBH Capital Partners, a private equity strategy of Brown Brothers Harriman & Co., provides friendly capital solutions to growth-oriented middle-market companies. BBHCP has the flexibility to act as a control or non-control investor and to structure investments as a combination of equity and subordinated debt securities, as needed. BBHCP’s capital used to support a variety of transactions, including management or leveraged buyouts, growth financings, recapitalizations, buy-and-build strategies, and acquisitions.

Sadis & Goldberg maintains a diverse, business-oriented practice focused on corporate law, mergers & acquisitions, investment funds, litigation, real estate, regulatory, tax and ERISA. Drawing on the experience and depth of our attorneys in these distinct areas, we can leverage each attorney’s industry specific knowledge to help our clients succeed. This collaborative approach brings to the table a collective insight that contributes to sensible, efficient resolutions, and allows us to remain attentive to the cost and time sensitivities that may be involved.

Contact Information

Name: Shawn Koupal
Email: skoupal@sadis.com
Job Title: Head of Marketing & Business Development

Law360 launches next-gen news with text-to-speech technology

More than 2 million daily readers can now access the latest news, trends and changes that impact the business and practice of law through advanced audio stories

NEW YORK  LexisNexis® Legal & Professional, a leading global provider of information and analytics, today announced the launch of Law360’s new generation of audio articles to keep legal professionals informed. Using advanced text-to-speech technology, the company’s first-to-market pursuit to turn written articles into audio stories for busy legal professionals means subscribers can now listen to written Law360 articles on the go.

“Our customers want to stay informed, but they are also extremely time-constrained and can’t always stay up to date on the latest news and developments. This new feature opens up a whole new level of productivity for our customers, who can now get up to speed on the latest news on their morning commute or while exercising,” said Rachel Travers, General Manager of Law360.

The audio enhancement also brings the award-winning company closer to its commitment to accessibility and usability.

“Great commercial success is better with inclusivity,” said Travers. “Law360 is the industry’s most preferred and most read legal news source, and we have millions of newsletters being read every day. We have great reach, but we want inclusive reach, and this gives us an avenue to ensure an engaging, collective experience that can be shared by all.”

Law360’s audio stories are available now to all Law360 subscribers at no additional cost. For more information, please visit www.law360.com.

About LexisNexis Legal & Professional

LexisNexis Legal & Professional® is a leading global provider of legal, regulatory and business information and analytics that helps customers increase productivity, improve decision-making and outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 160 countries with 10,400 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.

About Law360

Law360, a LexisNexis company, is a one-stop source for legal news and in-depth analysis, with up-to-the-minute coverage of litigation, regulation and enforcement, legislation, executive orders, administrative hearings, corporate deal-making, and more across dozens of practice areas, industries, and jurisdictions. With a unique blend of cutting-edge technology and journalistic expertise, Law360 delivers the intelligence legal and business professionals need to remain experts and get ahead of the curve. Visit www.law360.com to find out what more than 2 million readers at top law firms, Fortune 1000 companies, and key government agencies already know.

 

Media Contacts

Dana Greenstein
Director, Corporate Communications
LexisNexis Legal & Professional
212-448-2163
dana.greenstein@lexisnexis.com

Eric Sokolsky
Plat4orm PR
908-288-7201
eric@plat4orm.com