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Â鶹ֱ²¥ & Lardner LLP served as legal advisor to Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, in the acquisition of substantially all assets of Venco Venturo Industries LLC.
Founded in 1952, Venco Venturo provides a full line of electric light-duty cranes, electric-hydraulic cranes, hydraulic cranes, and conversion/dump hoists for work trucks. According to the company, the acquisition of the Venco Venturo Industries LLC assets is expected to be modestly accretive to Douglas Dynamics’ earnings per share and free cash flow positive before synergies in 2026.
For more than 75 years, Douglas Dynamics has been innovating products that not only help people perform their jobs more efficiently and effectively but also enable businesses to increase profitability. Home to the industry’s most trusted brands, the company is committed to continuous improvement through its proprietary Douglas Dynamics Management System, aimed at consistently producing the highest quality products at industry-leading levels of service and delivery that ultimately drive shareholder value.
The Â鶹ֱ²¥ transactions team was led by partner Bryan Schultz and associate Tallie Fote with support from Kathleen Bardunias and Iris Grossman (Employee Benefits), Gary Rovner (Environmental), Heidi Furlong, Maximilian Traut, and Luke O’Neill (Finance), Ethan Lenz and Jennifer Haro (Insurance), Chris King and Christopher Beglinger (IP), Daniel Kaplan, McKenzie Ahmet, and Zachary Sikora (Labor & Employment), Joseph Rupkey (Real Estate), and Timothy Voigtman and Marissa Lee (Tax).
