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Philadelphia Office
1835 Market Street - Suite 1400
Philadelphia
PA 19103
215.569.3399 phone215.568.6603 faxmrittinger@klehr.com
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Michael P. Rittinger

Partner | Corporate

Biography

Michael P. Rittinger concentrates his practice in the representation of private investment funds, privately held companies and publicly traded corporations in connection with a wide variety of complex transactions, including mergers and acquisitions, equity and debt offerings, venture capital transactions, joint ventures and similar transactions.

Credentials

Education

Notre Dame Law School, J.D. (1997)

Fordham University, B.A., cum laude (1994)


Admissions

New York

Pennsylvania


Memberships

Conference Co-Chair,  M&A East

Former Coach,  Mid-Atlantic Venture Conference/PACT (2004, 2005 and 2011)

Former Co-Chair,  Philadelphia Bar Association Private Equity and Venture Capital Committee

Former Member,  ACG Marketing Committee

Former Co-Chair,  M&A East Sponsorship Committee (2015 and 2016)

Mr. Rittinger's recent representative transactions include:

Mergers and Acquisitions

  • Represented Massif Mountain Gear Company, L.L.C., a designer, manufacturer and distributor of flame-resistant fabric and apparel for domestic and foreign military and civilian end users, in connection with the $10.2 million sale of substantially all of its assets effectuated through a Chapter 11 Section 363 auction sale.
  • Represented Tactical Intermediate Holdings, Inc. in connection with the $6.9 million sale of substantially all of the assets of its combat boot division effectuated through a Chapter 11 Section 363 auction sale.
  • Represented Edwin Watts Golf Shops, LLC, a retailer of golf-related equipment, apparel and accessories, in connection with the $40MM sale of substantially all of its assets effectuated through a Chapter 11 Section 363 auction sale;
  • Represented Healthcare Uniform Company, Inc. and Uniform City National, Inc. (Life Uniforms), each a supplier of scrubs and uniforms for medical professionals, in connection with the $22.5MM sale of substantially all of their assets to Scrubs & Beyond, LLC effectuated through a Chapter 11 Section 363 sale;
  • Represented manufacturer and distributor of chimney related products in joint venture with Canadian-based stove manufacturer to manufacture and distribute products in Canada;
  • Represented manufacturer and distributor of chimney related products in $22MM sale transaction to private equity fund;
  • Represented mezzanine lender and minority equity investor in CDN $15MM acquisition of Canadian-based manufacturer and distributor of aluminum railing products;
  • Represented buyer in acquisition of portfolio of outdoor advertising assets in greater Boston area;
  • Represented investment advisor in connection with the acquisition of a family of investment funds from Neuberger Berman/Lehman Brothers;
  • Represented group of sellers in connection with the sale of a portfolio of outdoor advertising assets for approximately $9MM to NYSE listed company;
  • Represented seller in connection with the sale of a portfolio of outdoor advertising assets for approximately $5.5MM to NYSE listed company;
  • Represented vision care information company in connection with the sale of its assets for approximately $23MM to a Euronext Amsterdam listed company;
  • Assisted in the representation of a NASDAQ National Market retailer of computer games, hardware and software in connection with its merger with a NYSE listed competitor in a transaction valued at over $1.6 billion;
  • Represented privately-held pharmaceutical testing company in connection with the sale of its assets for $18MM to a NASDAQ National Market company;
  • Represented a national steel fabricator in an $81MM cash-for-stock acquisition and financing of another steel fabricator, the combined entity of which is believed to be one of the five largest steel fabricators in the U.S.;
  • Represented industrial automation controls distributor in connection with its acquisitions of competitors ranging in size from $350k to $7.5MM;
  • Represented television station in a $50MM sale of assets in bankruptcy action proceeding;
  • Represented publicly-traded retailer of computer games, hardware and software in connection with its sale by auction of the assets of its line of sports collectible retail stores;
  • Represented a Venezuela steel fabricator in a $5.4MM cash-for-stock acquisition of a U.S. Steel fabricator;
  • Represented retail arts and craft company in connection with the sale of its assets to a major television-shopping network listed on the NASDAQ National Market; and
  • Assisted in the representation of a NASDAQ National Market company that specialized in the administration of employment benefit plans in its merger with a private company from which shareholders received aggregate consideration in excess of $105MM.

Commercial Finance

  • Represented real estate developer in connection with $72.5MM construction financing for 832 bed student housing project;
  • Represented mezzanine lender in $4.5MM secured financing to manufacturer and distributor of electronic security systems;
  • Represented convenience store chain in connection with $50MM subordinated financing;
  • Represented lender in connection with $30MM senior debt financing provided to workers' compensation insurance carrier;
  • Represented national bank that acted as lead agent and lender in connection with $55MM syndicated senior acquisition financing provided to manufacturer of rubber hoses;
  • Represented private equity fund in connection with CDN$13MM senior and CDN$8MM subordinated acquisition financing provided to manufacturer of wooden fuel pellets that has operations in the U.S. and Canada;
  • Represented private equity fund in connection with $2.5MM senior and $2.5MM equity acquisition financing provided to commercial radio station;
  • Represented national bank that acted as lead agent and lender in $50MM syndicated credit transaction involving an office equipment leasing company;
  • Represented wine producer in securing $5MM in debt financing;
  • Represented private equity fund in connection with $12MM secured loan to a cable installation company;
  • Represented fire truck manufacturer in connection with $20MM senior credit facility;
  • Represented specialty truck manufacturer in connection with $28MM senior credit facility; and
  • Represents several mezzanine lenders on an on-going basis in connection with their investments in privately held companies with investments ranging from $3.5MM to $9MM.

Venture Capital

  • Represented lead investor in $5MM Series D round investment in privately held company that develops electronics for cable television companies and related industries;
  • Represented lead investor in $1.5MM Series D round investment in privately held company that develops education software programs for the medical field;
  • Represented lead investor in $4MM Series A round investment in privately held company that develops security software for computer networks;
  • Represented lead investor in $2.9MM Series B round investment in privately held company that manufactures environmentally safe cleaning products;
  • Represented lead investor in $3.5MM Series C round investment and subsequent financings in privately held company that develops on-line billing software for the utilities industry; and
  • Represented privately held manufacturer of billing and accounting software for the construction industry in connection with the redemption of its Series E Preferred Stock and related financings.