Transaction Details
Ciechanowski Law Group, PC successfully represented TJ’s Plumbing and Heating, Inc., which has been providing one-stop shopping for customers’ HVAC needs in the Boston area and throughout New England for over thirty years, in an asset sale. TJ’s is an industry leader in the design, installation, and service of radiant heat technology, geothermal, solar thermal, air conditioning, snow melting, plumbing, residential, and commercial boilers, and controls. CLG represented TJ’s in negotiating the LOI, preparing due diligence, dissolving a Massachusetts LLC, and drafting and negotiating transition services agreements, retention bonus agreements, employment agreements, a Rollover Agreement, and the Asset Purchase Agreement. The purchaser is a New York-based engineering company that is focused on smart solutions for existing buildings to meet the challenges of efficiently operating and maintaining the HVAC’s complex infrastructure systems.