News: Press Release
Offit Kurman Attorney Stuart B. Newman Represents DiLernia Marine Services in Sale to Rocket Charters
April 15, 2019 | New York, NY
Offit Kurman’s streak of mergers and acquisitions (M&A) activity continued last month with two transactions closed on behalf of clients in New York. On March 18, 2019, Rocket Charters acquired DiLernia Marine Services. Attorney Stuart B. Newman represented the seller throughout the transaction.
For decades, DiLernia Marine Services, Inc. has provided recreational charter fishing in the New York Harbor. Prior to its sale to Rocket Charters, the company was the only business of its kind operating from, and in the waters surrounding, Manhattan.
Rocket Charters seeks to provide “New York Harbor’s finest fishing experience” with the ROCKET, a custom-built vessel specially designed for recreational charter fishing in the Harbor. The company’s captains include Paul Risi and Anthony DiLernia—the former owner of DiLernia Marine Services, and a marine fishing expert with four decades of experience.
The Rocket Charters transaction is only one in numerous M&A deals that the attorneys of Offit Kurmans have helped close for clients throughout the Mid-Atlantic region over the past 18 months. To learn more about current opportunities in M&A, see a recent recap of deals closed, and contact an Offit Kurman M&A attorney, visit offitkurman.com.
ABOUT STUART NEWMAN
Stuart B. Newman has been engaged in corporate and securities practice for over forty years, focusing on corporate law, private equity transactions, mergers and acquisitions and capital formation. Stuart studies his clients’ businesses thoroughly and has made valuable contributions on a range of business issues such as: joint ventures, product development, finance, investment banking, marketing and personnel. He has served as a director on the boards of both publicly-traded and privately held companies, contributing his unique combination of business acumen and broad legal experience. He has served as a director on the boards of both publicly-traded and privately held companies, contributing his unique combination of business acumen and broad legal experience.
ABOUT OFFIT KURMAN
Offit Kurman is one of the fastest-growing, full-service law firms in the mid-Atlantic region. With over 185 attorneys offering a comprehensive range of services in virtually every legal category, the firm is well positioned to meet the needs of dynamic businesses and the people who own and operate them. Our twelve offices serve individual and corporate clients along the I95 corridor in the Virginia, Washington, DC, Maryland, Delaware, Pennsylvania, New Jersey, and New York City regions. At Offit Kurman, we are our clients’ most trusted legal advisors, professionals who help maximize and protect business value and personal wealth. In every interaction, we consistently maintain our clients’ confidence by remaining focused on furthering their objectives and achieving their goals in an efficient manner. Trust, knowledge, confidence—in a partner, that’s perfect.
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