Garden City, New York – September 30, 2020. David E. Paseltiner, the chair of the Jaspan Schlesinger LLP’s Corporate and Commercial Transactions Practice Group, represented Biodex Medical Systems, Inc. and its sole shareholder, James M. Reiss, in connection with the September 1, 2020 acquisition of Biodex by Mirion Technologies Inc. Biodex is a leader in the medical industry, providing customers with nuclear medicine instruments, medical imaging equipment and rehabilitation systems. Mr. Paseltiner has represented Biodex and Mr. Reiss for over 25 years. Further information about this transaction can be found at https://m.biodex.com/medical-imaging/press-releases/mirion-technologies-acquires-biodex-medical-systems-inc.
“David was, as always, very responsive and a pleasure to work with. As someone who was new to selling a business, David’s experience, patience and congeniality took a lot of stress out of an inherently stressful process,” said Mr. Reiss. Sandy Levinson, Biodex’s Senior VP, Finance & Accounting, added, “David and his team were with us every step of the way. Their legal expertise, professionalism and overall support enabled us to successfully get the deal completed and minimized the level of business interruption during this process.”
Mr. Paseltiner represents businesses in a wide variety of industries, ranging in size from small start-up operations to large, well established businesses. He has extensive experience in a broad range of sophisticated commercial matters, including representing both borrowers and lenders in complex financial transactions; structuring, negotiating and implementing mergers, acquisitions and divestitures; negotiating and drafting employment and compensation agreements and agreements among shareholders, partners and limited liability company members; and other corporate, commercial, and real estate transactions.
Jaspan Schlesinger LLP is one of Long Island’s oldest and largest full-service law firms. Innovative yet practical and responsive, Jaspan is the trusted partner clients count on to help them solve real-world problems—locally, nationally and globally—and to proactively help prevent problems from happening in the first place.