Alston & Bird is representing Seemann Composites LLC in its acquisition by Karman Space & Defense. Seemann is a leader in developing and manufacturing advanced composite systems for submarine, UUV/USV, and strategic naval surface platforms for the U.S. government. The transaction is the latest for Alston & Bird’s leading M&A practice in aerospace and defense sector.
The transaction agreement, announced on January 7, is subject to customary closing conditions and regulatory approvals, with Karman providing a total consideration of $220 million.
Representing Seemann is an Alston & Bird team led by partners Jeremy Silverman and Alison LeVasseur and senior associate Nick Mugge (Corporate & Business Transactions). The team also includes partner Matt Strumph, senior associate Jacob Fucetola, and associate Catherine Cole (Corporate & Business Transactions); partners Adam Biegel and Andy Howard, counsel Abigail Cessna, senior associates John O’Hara, Arabella Okwara, and Samantha Skolnick, and associate Drew Wilson (Litigation & Trial Practice); partner Ronnie Gosselin (Environment, Land Use & Natural Resources); counsel Regina Couto (Employee Benefits & Executive Compensation); counsel Nikki Fanous (Real Estate); senior associate John Harden (Federal & International Tax); senior associate Josh Labat (State & Local Tax); and partner David Teske, counsel Dorian Simmons, senior associate Sara Pullen and associates John Lesko, Andrew Rice, Anna von Spakovsky, and Christian Seremetis (Privacy, Cyber & Data Strategy).