Finn Dixon & Herling LLP (FDH) served as legal counsel to Southfield Capital and TFS, Ltd. in the sale of TFS, a leading nationwide provider of outsourced material handling equipment fleet management services, to AEA Investors.
Southfield Capital acquired TFS in 2024 through a carve-out transaction. Under Southfield's ownership, TFS significantly expanded its capabilities, strengthened its sales and account management functions, and completed three strategic add-on acquisitions, all of which were supported by FDH as legal counsel. The sale marks a successful exit for Southfield's first investment in its Southfield Capital IV fund.
For more information about the transaction, see the press release here.
The FDH team included Corporate partners Jared Dinkes, Colin McKeon and Dillon Smith, counsel Ryan Sexton and Marcia Sugrue, and Corporate associates Maggie Klin, John Sullivan, Daniella Marson and Kaitlyn West; Executive Compensation, Benefits & Employment partner Adam Mendelowitz, counsel Oleg Zakatov and associate Nick D'Angelo; Tax partner Michael Spiro and associate Eitan Ulmer; Debt Finance partner Peter Buscemi and counsel Thomas Aragona.