M&A Activity on the Rise Despite Recent Economic Turmoil.
Scottsdale, Arizona -- Titus Brueckner & Levine PLC is pleased to announce the recent closings of two substantial merger and acquisition deals in August and September. In August, Westinghouse Electric Company, LLC acquired CS Innovations, LLC, a Scottsdale based company that provides digital safety systems for nuclear plants. In September, Harris Private Bank acquired Stoker Ostler Wealth Advisors, Inc., a Scottsdale based investment advisory and financial planning services firm that is one of the largest independent advisory firms in Maricopa County. Kurt M. Brueckner and Todd M. Johnson of Titus Brueckner & Levine PLC helped negotiate and successfully close these transactions for CS Innovations and Stoker Ostler.
Todd M. Johnson of Titus Brueckner & Levine PLC stated: "The recent acquisitions of CS Innovations and Stoker Ostler by large, national companies is not only a testament to the value created by the principals of CS Innovation and Stoker Ostler, but also reflective of the potential for renewed growth in the Arizona economy. Proactive companies are often the best positioned to benefit during an economic recovery. Large investments by national companies in Arizona businesses reflects a belief that the Arizona economy is poised for growth."
Titus Brueckner & Levine PLC, is a mid-sized commercial law firm that has significant experience in merger and acquisition deals of all sizes. Its other practice areas include commercial litigation, business law, real estate, securities, intellectual property and estate planning. The firm recently celebrated its 20th anniversary of providing quality, results-oriented legal representation in a responsive and cost-effective manner.
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