Verdantas Acquired by Sterling Investment Partners: Legal Counsel Roles, Equity Stakes and Specializations Highlighted

Verdantas, a Tampa-based provider of science, engineering, and consulting services, was acquired by Sterling Investment Partners in a deal where the financial terms were not disclosed. RTC Partners, based in Miami, served as legal counsel for the sale of Verdantas to Sterling Investment Partners. Greenberg Traurig, LLP provided legal counsel for RTC Partners in the transaction.

Verdantas’ management, employees, and RTC will maintain significant equity stakes in the company as part of the acquisition. Christoper Lee, co-founder and co-managing partner at RTC expressed gratitude towards the Verdantas team for their contributions to the company’s success. He highlighted the team’s efforts in implementing growth strategies such as organic expansion and strategic acquisitions as well as fostering a culture centered on collaboration and trust within the organization.

In addition to providing legal counseling services through Greenberg Traurig LLP, Cohn Reznick LLP and CliftonLarsonAllen LLP served as accounting and tax advisors for RTC Partners during the transaction. On the other hand, Dechert LLP and Seyfarth Shaw LLP acted as legal counsel while Alvarez & Marsal provided tax advisory services to Sterling Investment Partners and its affiliates. Sterling Investment Partners focuses on investments in middle market segment while RTC partners specialize in lower middle market investments.