Morrison Cohen Advises ATS’s Management Team on $1.325 Billion Acquisition by SGS

Congratulations to Morrison Cohen clients, the senior leadership team of Applied Technical Services (ATS), on the company’s $1.325 billion sale to the Zurich-based SGS. The transaction supports SGS’s North American growth strategy and is expected to be immediately accretive to earnings.

The representation underscores Morrison Cohen’s depth of experience advising senior executives and management teams in complex, high-value M&A transactions across a wide range of sectors, including industrial and manufacturing. The firm’s Executive Compensation & Employee Benefits team regularly counsels management on employment, equity and incentive arrangements in connection with transformational corporate transactions.

Executive Compensation & Employee Benefits Partners Jeff Laska and Alina Grinman and Associate Charlie Pfeifer represented the ATS senior leadership team in connection with its employment and equity arrangements.

ATS is a leading North American provider of testing, inspection, calibration and forensics services, serving regulated and high-growth industries including manufacturing, aerospace and defense, power generation and distribution, and insurance. Headquartered in Marietta, Georgia, ATS employs approximately 2,100 professionals across more than 85 locations nationwide.

Read more on Business Wire here. 

Read the announcement from SGS here.