News 13 Apr. 2015

Curtis Deal Honored at Seventh Annual M&A Atlas Awards

The sale of a majority stake in Demoulas Super Markets was chosen as the winner of the North America M&A Deal of the Year ($1 billion -$5 billion) at the Global M&A Network’s seventh annual M&A Atlas Awards, Global Major Markets. These industry awards honor transactions valued above one billion dollars. According to the Global M&A Network, winning an award “equates to achieving the highest 'Gold Standard of Performance' acclaim globally and regionally since the winners are selected independently for successfully closing the best value-generating transactions.”

Curtis represented a group of Class A Shareholders of Demoulas Super Markets, Inc. (DSM) in a transaction for the sale of their shares, and the shares of other Class A Shareholders, to the Class B Shareholders of DSM. DSM is a closely held company owned by members of the Demoulas family that operates the Market Basket supermarket chain in Massachusetts, New Hampshire and Maine.

More than a dozen attorneys at Curtis worked on this matter. The Curtis team was led by M&A partner Lawrence Goodman and Trusts & Estates partner Tina Albright. Attorneys working on the matter included M&A counsel Joshua Geller, Tax partner Alan Berlin and counsel KC Chiang, Real Estate partner Martin Forman and counsel Catherine Baecher, Litigation partner Turner Smith, Trusts & Estates associates Michael Schwartz and Jonathan Byer.